Nifty Share Price

11,357.20

11.00 (0.1%)

23-Jul-19 12:39

Open

11,372.25

Prev. Close

11,346.20

High

11,373.30

Low

11,315.95

Mkt Cap.

8,279,710.47

Div Yield

1.31

PE

27.81

Performance

One Week (%)

-2.09

One Month (%)

-3.02

One Year (%)

2.36

YTD (%)

-2.77

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,433.40 1,433.40 1,401.85 848,837
Britannia Industries Ltd 2,733.95 2,741.90 2,701.00 127,573
Cipla Ltd 525.30 535.20 521.00 1,316,486
Eicher Motors Ltd 17,250.30 17,381.35 17,150.00 60,195
Grasim Industries Ltd 884.20 898.45 882.55 434,630
Housing Development Finance Corporation Ltd 2,134.15 2,189.75 2,126.05 2,506,104
Hero MotoCorp Ltd 2,429.90 2,451.95 2,401.70 342,248
Hindalco Industries Ltd 202.90 203.90 200.40 2,342,840
Hindustan Unilever Ltd 1,693.00 1,701.55 1,667.30 857,397
ITC Ltd 269.60 269.65 265.00 7,737,311
Larsen & Toubro Ltd 1,407.00 1,414.80 1,386.20 2,374,770
Mahindra & Mahindra Ltd 562.50 567.00 555.85 3,092,097
Reliance Industries Ltd 1,286.95 1,293.90 1,277.05 4,403,995
Vedanta Ltd 165.25 168.20 165.25 4,319,287
Tata Motors Ltd 156.50 159.00 154.80 7,962,025
Tata Steel Ltd 458.40 467.90 456.75 3,164,115
Wipro Ltd 265.35 270.00 264.50 2,504,669
Dr Reddys Laboratories Ltd 2,604.80 2,644.65 2,591.90 270,958
Titan Company Ltd 1,106.90 1,109.90 1,086.40 1,436,256
State Bank of India 345.10 353.00 344.55 14,264,686
Bharat Petroleum Corporation Ltd 355.10 356.85 351.60 1,477,547
Kotak Mahindra Bank Ltd 1,479.20 1,486.95 1,455.25 3,967,361
UPL Ltd 649.15 654.80 641.00 1,467,159
Infosys Ltd 797.00 804.00 785.55 5,027,981
Zee Entertainment Enterprises Ltd 360.60 364.00 354.50 4,224,973
Bajaj Finance Ltd 3,249.45 3,297.35 3,208.15 1,272,830
Sun Pharmaceuticals Industries Ltd 430.95 435.50 427.10 3,755,123
JSW Steel Ltd 260.85 266.00 259.80 1,934,921
HDFC Bank Ltd 2,260.45 2,294.50 2,242.05 4,170,176
Tata Consultancy Services Ltd 2,125.65 2,130.00 2,110.00 1,875,821
ICICI Bank Ltd 415.25 416.00 409.75 8,791,114
Power Grid Corporation of India Ltd 208.75 209.35 204.20 3,129,475
Maruti Suzuki India Ltd 5,924.15 5,972.40 5,820.20 494,010
IndusInd Bank Ltd 1,414.20 1,432.80 1,404.40 1,664,504
Axis Bank Ltd 734.05 739.30 728.15 4,002,249
HCL Technologies Ltd 1,022.50 1,025.95 1,012.20 521,811
Oil & Natural Gas Corpn Ltd 146.50 147.75 145.75 2,957,317
NTPC Ltd 133.05 133.45 130.50 4,998,663
Indian Oil Corporation Ltd 148.00 148.50 145.10 25,054,100
Coal India Ltd 220.60 222.90 219.45 2,636,415
GAIL (India) Ltd 140.60 140.65 137.75 2,697,241
Bharti Airtel Ltd 342.40 348.50 337.40 2,473,286
Tech Mahindra Ltd 668.10 675.55 665.75 733,280
Adani Ports & Special Economic Zone Ltd 400.40 409.00 398.75 1,364,427
UltraTech Cement Ltd 4,597.05 4,619.90 4,565.00 208,317
Yes Bank Ltd 92.10 93.90 87.10 112,646,636
Bajaj Auto Ltd 2,524.30 2,570.00 2,515.20 275,652
Bajaj Finserv Ltd 7,217.70 7,254.95 7,144.90 176,788
Indiabulls Housing Finance Ltd 644.70 658.60 634.60 5,437,888
Bharti Infratel Ltd 261.70 264.05 258.05 1,163,019

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.