Nifty Share Price

10,704.80

-135.85 (-1.25%)

19-Sep-19 18:14

Open

10,845.20

Prev. Close

10,840.65

High

10,845.20

Low

10,670.25

Mkt Cap.

7,942,187.25

Div Yield

1.42

PE

26.66

Performance

One Week (%)

-1.77

One Month (%)

-1.93

One Year (%)

-3.89

YTD (%)

-7.10

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,553.90 1,563.50 1,545.00 879,908
Britannia Industries Ltd 2,621.80 2,653.20 2,590.00 499,689
Cipla Ltd 452.05 461.95 449.90 1,027,073
Eicher Motors Ltd 15,752.50 16,180.00 15,630.00 156,027
Grasim Industries Ltd 699.90 710.60 695.25 1,055,946
Housing Development Finance Corporation Ltd 1,974.60 2,002.30 1,964.10 4,138,284
Hero MotoCorp Ltd 2,532.25 2,595.00 2,513.45 706,524
Hindalco Industries Ltd 195.95 198.90 193.15 4,158,836
Hindustan Unilever Ltd 1,812.75 1,843.60 1,808.25 644,684
ITC Ltd 236.70 239.95 236.10 8,483,309
Larsen & Toubro Ltd 1,300.70 1,320.20 1,298.00 1,808,736
Mahindra & Mahindra Ltd 519.30 529.45 513.00 2,336,366
Reliance Industries Ltd 1,179.05 1,209.70 1,172.65 6,293,454
Vedanta Ltd 146.15 150.10 142.00 8,905,979
Tata Motors Ltd 124.20 125.35 121.20 51,011,848
Tata Steel Ltd 344.65 356.00 340.05 13,656,495
Wipro Ltd 241.50 245.85 240.25 2,568,837
Dr Reddys Laboratories Ltd 2,732.55 2,748.20 2,708.65 463,919
Titan Company Ltd 1,153.20 1,167.65 1,148.45 1,255,713
State Bank of India 274.05 279.95 273.05 23,387,797
Bharat Petroleum Corporation Ltd 379.85 386.50 375.65 12,880,373
Kotak Mahindra Bank Ltd 1,452.60 1,464.80 1,445.00 1,449,873
UPL Ltd 562.05 566.40 549.20 1,832,868
Infosys Ltd 820.70 827.00 815.20 6,601,607
Zee Entertainment Enterprises Ltd 308.85 335.00 306.10 14,628,929
Bajaj Finance Ltd 3,362.05 3,426.40 3,340.30 1,237,692
Sun Pharmaceuticals Industries Ltd 411.15 418.90 408.20 4,238,714
JSW Steel Ltd 219.55 221.60 215.25 9,020,768
HDFC Bank Ltd 1,101.05 1,107.05 1,084.00 5,311,655
Tata Consultancy Services Ltd 2,101.95 2,135.80 2,091.00 1,652,691
ICICI Bank Ltd 386.60 395.70 384.35 22,647,508
Power Grid Corporation of India Ltd 201.15 202.75 199.10 3,547,547
Maruti Suzuki India Ltd 5,971.75 6,175.00 5,942.40 1,721,431
IndusInd Bank Ltd 1,282.25 1,333.30 1,278.15 4,668,596
Axis Bank Ltd 638.20 650.00 632.60 9,554,331
HCL Technologies Ltd 1,049.55 1,058.00 1,032.25 1,881,136
Oil & Natural Gas Corpn Ltd 124.30 127.25 123.65 8,680,319
NTPC Ltd 121.70 122.95 120.10 6,031,946
Indian Oil Corporation Ltd 126.20 128.75 125.40 7,291,236
Coal India Ltd 193.45 194.50 189.50 7,916,117
GAIL (India) Ltd 133.05 135.70 130.80 12,843,947
Bharti Airtel Ltd 337.60 342.55 334.70 11,672,389
Tech Mahindra Ltd 703.35 715.70 700.00 1,570,183
Adani Ports & Special Economic Zone Ltd 361.90 366.50 357.85 1,317,155
UltraTech Cement Ltd 3,866.30 3,928.40 3,838.00 277,903
Yes Bank Ltd 54.10 64.80 53.00 321,270,950
Bajaj Auto Ltd 2,738.85 2,776.00 2,721.45 228,796
Bajaj Finserv Ltd 7,188.65 7,249.00 7,135.55 222,370
Indiabulls Housing Finance Ltd 394.75 422.60 379.15 22,849,313
Bharti Infratel Ltd 249.40 253.70 247.05 4,111,416

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.