NSE NIFTY

NSE NIFTY

What is Nifty?

Nifty is the prime index of National Stock Exchange contains fifty large stocks from listed companies.
"S&P CNX Nifty" is the main index of National Stock Exchange of India, it is located in Bombay. S&P CNX Nifty nicknamed "Nifty 50" or "Nifty" or "NSE Nifty", Live Nifty index reflects overall stock market Statistics.

Nifty Index Specifications and Statistics

Nifty Data	Definition - Explaination
Name of the Exchange	National Stock Exchange
Base Year	November 3, 1995
Base Index Value	1000
Base capital	Base capital of Rs 2.06 trillion
Method of calculation	calculated using market capitalization weighted method, wherein the level of the index reflects the total market value of all the index stocks in the index relative to a particular base period of Nifty.
Number of scrips	50
Index calculation frequency	Real Time, During trading hours.
Index calculation and Maintenance	Managed by India Index Services and Products Ltd. (IISL), a joint venture between NSE and CRISIL

S&P CNX Nifty Index

Nse Nifty : "S&P CNX Nifty" is a well diversified Fifty stock index accounting for 22 sectors of the Indian economy. S&P CNX Nifty is owned & managed by "India Index Services and Products Ltd". ("IISL"). Which is a joint venture between "National Stock Exchange" ("NSE") and "Credit Rating and Information Services of India Ltd" "CRISIL". IISL is India's First Company focused upon the index as a core product. IISL has a Marketing and licensing agreement with Standard & Poor's (S&P), who are world leaders in index services. The total traded value of all Nifty stocks is 50%(approximately) of the traded value of all stocks listed on the NSE.

NSE Nifty Calculation Methodology

Nifty Calculation : S&P CNX Nifty is computed using market capitalization weighted method. The level of the Nse Nifty index reflects the total market value of all the 50 stocks in the index relative to base period. The "NIFTY Calculation Methodology" takes into account relevant changes in the index and particularly corporate actions such as Bonus, Stock Splits, Rights issue, etc.