Nifty Share Price

9,979.10

152.95 (1.56%)

02-Jun-20 17:27

Open

9,880.85

Prev. Close

9,826.15

High

9,995.60

Low

9,824.05

Mkt Cap.

7,755,424.97

Div Yield

1.53

PE

23.31

Performance

One Week (%)

10.52

One Month (%)

7.38

One Year (%)

-17.45

YTD (%)

20.90

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,709.30 1,733.00 1,680.00 2,440,602
Britannia Industries Ltd 3,451.00 3,480.00 3,400.00 786,444
Cipla Ltd 637.60 658.65 636.00 6,883,613
Eicher Motors Ltd 17,396.25 17,500.00 17,000.00 396,819
Nestle India Ltd 17,014.45 17,477.00 16,972.00 132,201
Grasim Industries Ltd 596.35 601.35 575.55 2,670,475
Housing Development Finance Corporation Ltd 1,813.55 1,822.35 1,732.15 8,319,067
Hero MotoCorp Ltd 2,318.25 2,391.55 2,281.90 2,408,345
Hindalco Industries Ltd 141.15 143.50 138.85 12,836,275
Hindustan Unilever Ltd 2,107.40 2,125.00 2,090.00 3,268,736
ITC Ltd 197.25 201.90 196.70 22,631,743
Larsen & Toubro Ltd 945.45 953.00 913.05 7,325,689
Mahindra & Mahindra Ltd 462.85 478.85 460.85 8,521,141
Reliance Industries Ltd 1,535.70 1,540.00 1,520.80 10,224,102
Vedanta Ltd 96.90 97.25 93.35 22,601,994
Shree Cement Ltd 21,201.00 21,340.00 20,952.65 42,170
Tata Motors Ltd 96.50 97.30 89.75 125,410,755
Tata Steel Ltd 319.40 323.45 314.55 16,563,267
Wipro Ltd 215.85 218.55 210.95 6,407,279
Dr Reddys Laboratories Ltd 3,895.30 4,007.30 3,886.00 1,490,210
Titan Company Ltd 976.15 984.00 946.35 4,518,777
State Bank of India 170.25 171.30 167.20 70,422,258
Bharat Petroleum Corporation Ltd 341.60 348.00 337.30 6,319,742
Kotak Mahindra Bank Ltd 1,342.90 1,353.25 1,298.05 17,320,032
UPL Ltd 424.70 428.95 414.70 6,847,561
Infosys Ltd 708.10 711.65 697.55 7,059,409
Zee Entertainment Enterprises Ltd 198.95 202.80 185.30 40,657,815
Bajaj Finance Ltd 2,346.20 2,375.00 2,160.85 23,442,768
Sun Pharmaceuticals Industries Ltd 473.10 481.00 468.15 10,978,082
JSW Steel Ltd 192.15 197.75 190.35 14,155,546
HDFC Bank Ltd 1,001.00 1,005.00 975.20 20,811,909
Tata Consultancy Services Ltd 2,047.15 2,081.00 2,040.05 2,443,886
ICICI Bank Ltd 348.40 350.00 332.50 47,558,564
Power Grid Corporation of India Ltd 165.05 168.35 158.60 24,539,665
Maruti Suzuki India Ltd 5,690.10 5,849.00 5,625.10 2,110,720
IndusInd Bank Ltd 434.70 438.90 404.25 28,744,308
Axis Bank Ltd 410.10 415.00 391.55 37,509,637
HCL Technologies Ltd 560.20 567.75 550.00 2,930,073
Oil & Natural Gas Corpn Ltd 84.30 84.90 82.60 15,368,224
NTPC Ltd 96.75 98.95 96.05 18,170,671
Indian Oil Corporation Ltd 85.80 86.85 84.75 17,989,429
Coal India Ltd 143.40 149.15 143.00 16,680,118
GAIL (India) Ltd 96.55 97.10 90.90 18,576,059
Bharti Airtel Ltd 558.10 572.30 556.10 31,973,639
Tech Mahindra Ltd 547.50 548.35 538.00 3,879,118
Adani Ports & Special Economic Zone Ltd 339.95 341.65 325.80 4,668,325
UltraTech Cement Ltd 3,834.25 3,854.00 3,770.00 734,563
Bajaj Auto Ltd 2,796.10 2,814.25 2,726.20 1,283,508
Bajaj Finserv Ltd 5,184.70 5,238.00 4,742.65 2,693,375
Bharti Infratel Ltd 223.25 229.95 222.15 8,444,140

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.