Nifty Share Price

14,238.90

-133.00 (-0.93%)

25-Jan-21 17:42

Open

14,477.80

Prev. Close

14,371.90

High

14,491.10

Low

14,218.60

Mkt Cap.

11,178,042.86

Div Yield

1.10

PE

38.86

Performance

One Week (%)

-0.43

One Month (%)

6.72

One Year (%)

18.71

YTD (%)

74.12

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 2,513.95 2,631.50 2,501.00 3,520,087
Britannia Industries Ltd 3,613.55 3,639.85 3,576.25 467,367
Cipla Ltd 836.80 857.00 808.25 10,704,200
Eicher Motors Ltd 2,869.55 3,029.95 2,851.25 2,024,082
Nestle India Ltd 17,415.25 17,700.00 17,229.85 116,436
Grasim Industries Ltd 1,069.75 1,114.65 1,017.00 15,344,078
Housing Development Finance Corporation Ltd 2,551.40 2,670.00 2,543.00 7,761,405
Hero MotoCorp Ltd 3,474.95 3,520.15 3,357.05 2,266,967
Hindalco Industries Ltd 240.30 243.90 233.60 8,297,942
Hindustan Unilever Ltd 2,399.60 2,432.35 2,385.00 2,124,424
ITC Ltd 207.80 212.50 206.85 24,967,899
Larsen & Toubro Ltd 1,361.30 1,396.40 1,342.00 4,847,989
Mahindra & Mahindra Ltd 794.55 812.95 784.25 3,353,172
Reliance Industries Ltd 1,941.00 2,034.95 1,932.00 25,016,570
Shree Cement Ltd 23,225.00 24,050.00 23,160.80 55,464
Tata Motors Ltd 279.15 299.50 277.35 164,346,913
Tata Steel Ltd 651.95 661.85 631.00 16,348,473
Wipro Ltd 437.25 451.00 435.15 7,380,169
Dr Reddys Laboratories Ltd 5,082.40 5,128.40 4,960.00 717,779
Titan Company Ltd 1,499.85 1,512.80 1,478.75 1,604,484
State Bank of India 280.95 288.00 277.05 34,034,630
Bharat Petroleum Corporation Ltd 387.30 402.85 384.70 6,030,213
Kotak Mahindra Bank Ltd 1,794.40 1,867.40 1,775.00 6,610,138
UPL Ltd 588.15 593.00 567.00 13,563,025
Infosys Ltd 1,325.10 1,347.90 1,313.00 6,542,611
Bajaj Finance Ltd 4,908.70 5,163.00 4,890.00 3,673,060
Sun Pharmaceuticals Industries Ltd 586.40 594.00 567.00 8,149,590
JSW Steel Ltd 382.45 394.95 371.45 17,874,949
HDFC Bank Ltd 1,462.85 1,481.00 1,455.15 10,172,359
Tata Consultancy Services Ltd 3,291.30 3,339.80 3,278.65 2,272,887
ICICI Bank Ltd 538.05 542.30 531.20 23,415,249
Power Grid Corporation of India Ltd 190.20 196.80 189.60 5,283,901
Maruti Suzuki India Ltd 7,981.50 8,164.70 7,950.10 753,043
IndusInd Bank Ltd 849.15 912.35 839.20 11,829,328
Axis Bank Ltd 658.40 668.00 639.35 21,325,345
HCL Technologies Ltd 947.50 997.00 941.00 7,731,883
Oil & Natural Gas Corpn Ltd 91.35 93.75 90.00 28,522,112
NTPC Ltd 93.20 95.30 92.70 18,599,824
Indian Oil Corporation Ltd 93.45 97.50 93.15 22,533,235
Coal India Ltd 131.85 135.50 130.85 10,157,077
GAIL (India) Ltd 132.95 136.95 132.25 24,070,762
Bharti Airtel Ltd 580.75 587.85 569.55 12,273,498
Tech Mahindra Ltd 972.05 997.90 962.20 2,751,784
Divis Laboratories Ltd 3,569.05 3,589.40 3,481.70 926,197
Adani Ports & Special Economic Zone Ltd 523.65 547.45 522.00 5,816,153
HDFC Life Insurance Company Ltd 680.40 699.50 665.65 3,532,317
SBI Life Insurance Company Ltd 862.85 882.75 853.00 2,534,590
UltraTech Cement Ltd 5,368.40 5,831.80 5,326.65 3,236,487
Bajaj Auto Ltd 4,168.95 4,210.00 4,060.00 2,368,224
Bajaj Finserv Ltd 9,198.90 9,344.90 9,080.00 781,122

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.