Nifty Share Price

11,588.35

-73.50 (-0.63%)

22-Oct-19 18:00

Open

11,657.15

Prev. Close

11,661.85

High

11,714.35

Low

11,573.65

Mkt Cap.

8,663,630.52

Div Yield

1.29

PE

26.71

Performance

One Week (%)

3.16

One Month (%)

7.58

One Year (%)

13.18

YTD (%)

-0.06

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,780.20 1,825.00 1,775.00 2,135,313
Britannia Industries Ltd 3,248.05 3,291.90 3,220.10 435,837
Cipla Ltd 453.90 457.75 440.20 2,333,810
Eicher Motors Ltd 19,978.85 20,513.25 19,855.00 161,392
Nestle India Ltd 15,020.00 15,110.95 14,836.00 138,011
Grasim Industries Ltd 756.05 772.00 742.45 2,174,300
Housing Development Finance Corporation Ltd 2,114.90 2,140.50 2,096.00 3,460,577
Hero MotoCorp Ltd 2,674.65 2,713.45 2,641.20 799,030
Hindalco Industries Ltd 185.75 190.95 185.05 6,683,536
Hindustan Unilever Ltd 2,127.35 2,149.00 2,112.00 1,737,401
ITC Ltd 248.90 251.10 244.95 18,275,636
Larsen & Toubro Ltd 1,442.55 1,467.80 1,439.15 2,858,390
Mahindra & Mahindra Ltd 595.80 601.20 587.45 3,494,913
Reliance Industries Ltd 1,414.15 1,436.85 1,403.35 12,703,054
Vedanta Ltd 149.15 151.95 147.20 8,487,404
Tata Motors Ltd 131.75 135.60 129.80 53,532,482
Tata Steel Ltd 354.50 363.80 353.00 11,944,283
Wipro Ltd 253.55 254.45 247.10 6,273,288
Dr Reddys Laboratories Ltd 2,810.75 2,820.70 2,710.85 699,344
Titan Company Ltd 1,329.45 1,336.80 1,294.50 2,138,284
State Bank of India 270.50 275.00 268.50 27,574,295
Bharat Petroleum Corporation Ltd 534.10 538.60 522.35 13,574,072
Kotak Mahindra Bank Ltd 1,628.85 1,643.00 1,592.00 4,895,082
UPL Ltd 597.00 603.90 592.95 2,264,692
Infosys Ltd 643.55 691.10 638.35 90,152,532
Zee Entertainment Enterprises Ltd 250.45 255.00 247.10 16,599,201
Bajaj Finance Ltd 4,034.15 4,219.85 4,000.10 5,034,755
Sun Pharmaceuticals Industries Ltd 405.45 408.00 400.95 2,944,611
JSW Steel Ltd 219.70 225.90 219.20 8,305,579
HDFC Bank Ltd 1,239.30 1,257.00 1,232.60 10,003,114
Tata Consultancy Services Ltd 2,051.40 2,111.50 2,040.05 5,552,505
ICICI Bank Ltd 451.15 458.70 437.55 34,966,169
Power Grid Corporation of India Ltd 205.05 207.55 201.00 6,004,825
Maruti Suzuki India Ltd 7,256.25 7,392.00 7,232.00 959,552
IndusInd Bank Ltd 1,341.00 1,357.85 1,320.00 3,577,455
Axis Bank Ltd 712.75 723.00 703.30 9,704,016
HCL Technologies Ltd 1,064.45 1,095.90 1,051.50 2,751,243
Oil & Natural Gas Corpn Ltd 144.25 146.15 142.20 11,582,273
NTPC Ltd 120.90 121.65 119.95 12,091,476
Indian Oil Corporation Ltd 146.45 148.10 145.55 11,908,068
Coal India Ltd 208.80 209.95 203.30 9,795,154
GAIL (India) Ltd 129.50 130.95 128.80 7,644,747
Bharti Airtel Ltd 374.10 396.50 367.20 11,357,444
Tech Mahindra Ltd 717.65 732.00 714.30 2,825,230
Adani Ports & Special Economic Zone Ltd 420.75 428.85 417.10 2,380,735
UltraTech Cement Ltd 4,249.30 4,409.90 4,217.00 999,349
Yes Bank Ltd 51.80 56.60 50.25 407,437,580
Bajaj Auto Ltd 3,122.30 3,154.40 3,089.65 379,635
Bajaj Finserv Ltd 8,008.85 8,393.00 7,975.25 503,368
Bharti Infratel Ltd 258.40 266.00 256.25 3,366,265

Introduction to Nifty

What is the Nifty 50?


Like the Bombay Stock Exchange’s benchmark Sensex, which is a constituent of 30 well-performing, heavyweight stocks, the Nifty, or the Nifty50 is another broad-based stock market index in India. It is managed by the National Stock Exchange (NSE) through its subsidiary India Index Services and Products (IISL). The term was coined using the words ‘National’ and ‘Fifty’. This is because the index comprises the weighted average of 50 companies, as opposed to the Sensex which comprises the weighted average of 30 stocks, representing the biggest industrial sectors. In other words, the market movement in these 50 companies decides the direction in which the Nifty will move.

Incepted in 1995, the base year of the benchmark index is also the same, while its base value is set as 1,000. The constituents of the index include, among others, HDFC, ICICI Bank, Hindustan Unilever, ITC, Larsen and Toubro (L&T), Reliance Industries and State Bank of India (SBI). These are further divided into the Nifty auto index, the Nifty bank index, the Nifty IT index, and the Nifty FMCG index, among others, based on the sector the company represents.

How is it calculated?

The index was earlier calculated according to the market capitalization method. In 2009, this was changed to the free-float market capitalization method to stay in line with global practices.

Free-float means the total number of shares available to the public to trade. This excludes promoter holding or any holding apart from the public. Consequently, a company’s free-float market cap would be, number of shares available to public * market price of each share. So, if a company has 40lakh shares available to the public, and each share is valued at Rs100, the free-float market capitalization of the company will be:

40,00,000*100 = Rs40cr. However, it should be noted that the market cap of most of these companies is in ‘thousand crores’.

Scrip selection criteria

Only companies headquartered in India are considered for the index. Other selection parameters include

Liquidity: The share must have traded at an average impact cost equal to or less than 0.50% during the last six months.

Float-Adjusted Market Capitalization: Eligible companies must have at least double the float-adjusted market cap of the current, smallest constituent of the index.

Eligible Securities: All common shares listed on the NSE (equity and not fixed income in nature) are eligible for inclusion in the NIFTY 50 index. Instrument that provided a fixed return are not included.

F&O criteria: Stocks must also be available for trading in NSE’s Futures & Options (F&O) segment.