Nifty Share Price

11,844.10

187.05 (1.6%)

24-May-19 17:41

Open

11,748.00

Prev. Close

11,657.05

High

11,859.00

Low

11,658.10

Mkt Cap.

8,648,983.78

Div Yield

1.11

PE

29.44

Performance

One Week (%)

3.83

One Month (%)

1.01

One Year (%)

12.65

YTD (%)

1.50

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,384.50 1,400.45 1,376.15 980,933
Britannia Industries Ltd 2,851.05 2,867.00 2,808.20 227,827
Cipla Ltd 570.60 572.50 559.45 1,796,355
Eicher Motors Ltd 20,850.65 21,047.50 20,350.00 109,494
Grasim Industries Ltd 910.05 914.55 878.00 2,194,830
Housing Development Finance Corporation Ltd 2,123.40 2,151.90 2,095.00 3,307,188
Hero MotoCorp Ltd 2,828.45 2,845.00 2,750.00 756,746
Hindalco Industries Ltd 195.80 196.45 190.00 6,326,402
Hindustan Unilever Ltd 1,749.60 1,759.80 1,727.10 1,603,085
ITC Ltd 290.45 291.65 287.30 10,879,657
Larsen & Toubro Ltd 1,544.15 1,549.20 1,490.35 5,626,500
Mahindra & Mahindra Ltd 665.45 667.50 637.85 3,165,620
Reliance Industries Ltd 1,336.85 1,353.80 1,316.50 10,180,759
Vedanta Ltd 163.90 164.60 155.55 10,456,712
Tata Motors Ltd 182.30 183.50 175.35 22,494,409
Tata Steel Ltd 484.15 486.30 458.40 10,882,481
Wipro Ltd 282.90 284.20 280.00 4,927,649
Dr Reddys Laboratories Ltd 2,663.90 2,673.95 2,626.20 471,150
Titan Company Ltd 1,219.90 1,229.95 1,194.45 2,423,569
State Bank of India 355.35 357.00 343.50 35,703,403
Bharat Petroleum Corporation Ltd 395.45 398.90 386.80 9,903,134
Kotak Mahindra Bank Ltd 1,511.70 1,524.00 1,490.00 2,873,390
UPL Ltd 1,020.85 1,024.40 1,012.45 1,140,646
Infosys Ltd 709.20 711.75 700.45 7,016,424
Zee Entertainment Enterprises Ltd 376.85 380.40 355.75 19,472,832
Bajaj Finance Ltd 3,467.90 3,475.00 3,391.30 1,568,523
Sun Pharmaceuticals Industries Ltd 415.75 418.00 411.65 3,010,407
JSW Steel Ltd 288.00 291.50 273.55 9,795,647
HDFC Bank Ltd 2,373.35 2,386.15 2,340.15 3,423,200
Tata Consultancy Services Ltd 2,048.00 2,070.00 2,032.25 2,274,208
ICICI Bank Ltd 431.75 433.55 412.65 37,708,344
Power Grid Corporation of India Ltd 185.65 186.55 184.25 4,072,937
Maruti Suzuki India Ltd 7,093.15 7,120.00 6,886.75 1,002,742
IndusInd Bank Ltd 1,648.90 1,658.00 1,594.00 6,065,381
Axis Bank Ltd 793.20 795.90 778.50 9,323,114
HCL Technologies Ltd 1,065.95 1,074.00 1,054.10 2,170,234
Oil & Natural Gas Corpn Ltd 174.40 175.90 168.80 9,263,195
NTPC Ltd 129.15 131.00 128.55 9,371,443
Indian Oil Corporation Ltd 156.80 159.85 154.30 16,976,732
Coal India Ltd 244.90 245.95 241.40 2,407,824
GAIL (India) Ltd 341.65 342.60 335.15 2,542,001
Bharti Airtel Ltd 353.20 356.00 340.00 9,576,934
Tech Mahindra Ltd 735.85 749.90 732.05 3,591,853
Adani Ports & Special Economic Zone Ltd 410.25 414.85 399.50 9,272,570
UltraTech Cement Ltd 4,800.10 4,817.80 4,660.20 782,474
Yes Bank Ltd 141.20 142.90 139.50 45,274,708
Bajaj Auto Ltd 3,077.90 3,098.90 3,005.00 529,984
Bajaj Finserv Ltd 8,151.70 8,185.00 7,998.30 224,594
Indiabulls Housing Finance Ltd 794.10 798.90 774.20 7,020,498
Bharti Infratel Ltd 277.55 280.35 269.80 2,466,673

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.