Nifty-50 | stock market | Blue chip companies | top companies |
Nify-50 The NIFTY 50 index is National Stock Exchange of India's benchmark broad based stock market index for the Indian equity market. NIFTY 50 stands for National Index Fifty, and represents the weighted average of 50 Indian company stocks in 17 sectors. It is one of the two main stock indices used in India, the other being the BSE Sensex. Nifty is owned and managed by India Index Services and Products (IISL), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. IISL had a marketing and licensing agreement with Standard & Poor's for co-branding equity indices until 2013. The Nifty 50 was launched 1 April 1996, and is one of the many stock indices of Nifty. NIFTY 50 Index has shaped up as a largest single financial product in India, with an ecosystem comprising: exchange-traded funds (onshore and offshore), exchange-traded options at the NSE in India, and futures and options abroad at the SGX. NIFTY 50 is the world's most ...