Nifty Share Price

11,456.90

-64.15 (-0.56%)

22-Mar-19 17:38

Open

11,549.20

Prev. Close

11,521.05

High

11,572.80

Low

11,434.55

Mkt Cap.

8,274,023.64

Div Yield

1.18

PE

28.08

Performance

One Week (%)

1.58

One Month (%)

7.32

One Year (%)

13.80

YTD (%)

12.82

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 1,471.25 1,479.90 1,452.60 1,380,404
Cipla Ltd 526.80 539.00 523.60 1,579,084
Eicher Motors Ltd 21,446.85 21,674.60 21,275.00 216,882
Grasim Industries Ltd 820.10 829.00 814.60 1,683,565
Housing Development Finance Corporation Ltd 1,981.55 2,010.00 1,970.60 3,560,396
Hero MotoCorp Ltd 2,603.30 2,637.95 2,594.05 566,228
Hindalco Industries Ltd 209.10 211.55 206.05 11,359,037
Hindustan Unilever Ltd 1,678.05 1,703.85 1,673.70 1,636,228
ITC Ltd 298.20 300.00 296.55 8,067,384
Larsen & Toubro Ltd 1,394.70 1,415.00 1,376.20 3,788,604
Mahindra & Mahindra Ltd 678.80 684.50 670.00 2,770,303
Reliance Industries Ltd 1,341.75 1,380.90 1,336.70 11,465,112
Vedanta Ltd 173.90 176.60 173.05 6,311,803
Tata Motors Ltd 175.40 182.00 174.90 11,505,994
Tata Steel Ltd 518.40 524.00 515.60 5,233,446
Wipro Ltd 260.55 263.75 258.50 3,198,029
Dr Reddys Laboratories Ltd 2,751.30 2,779.00 2,738.50 685,401
Titan Company Ltd 1,102.55 1,124.40 1,093.70 2,486,418
State Bank of India 298.05 306.40 296.95 17,865,957
Bharat Petroleum Corporation Ltd 378.95 394.70 376.45 5,918,848
Hindustan Petroleum Corporation Ltd 268.35 278.20 266.55 7,628,610
Kotak Mahindra Bank Ltd 1,336.25 1,364.65 1,331.00 2,620,049
UPL Ltd 934.95 941.00 927.25 1,339,685
Infosys Ltd 743.10 746.35 732.30 8,883,260
Zee Entertainment Enterprises Ltd 434.85 448.85 431.50 9,029,272
Bajaj Finance Ltd 2,836.65 2,895.50 2,816.00 1,250,876
Sun Pharmaceuticals Industries Ltd 473.25 479.70 469.35 6,125,288
JSW Steel Ltd 285.75 289.55 283.00 7,325,504
HDFC Bank Ltd 2,276.15 2,307.00 2,270.80 7,600,970
Tata Consultancy Services Ltd 2,005.65 2,016.00 1,983.30 3,148,149
ICICI Bank Ltd 391.80 396.30 390.00 17,409,249
Power Grid Corporation of India Ltd 198.50 200.85 197.15 4,940,345
Maruti Suzuki India Ltd 6,552.70 6,716.30 6,532.35 1,715,983
IndusInd Bank Ltd 1,698.60 1,731.55 1,694.30 2,081,172
Axis Bank Ltd 757.05 765.90 735.55 10,355,078
HCL Technologies Ltd 1,024.85 1,048.00 1,018.00 2,618,545
Oil & Natural Gas Corpn Ltd 152.35 153.45 148.45 26,751,005
NTPC Ltd 134.65 136.20 129.70 53,779,933
Indian Oil Corporation Ltd 157.05 161.25 155.10 31,011,781
Coal India Ltd 231.95 233.80 230.00 14,139,706
GAIL (India) Ltd 348.95 359.35 347.30 2,588,946
Bharti Airtel Ltd 331.55 347.40 329.30 8,213,789
Tech Mahindra Ltd 788.75 798.00 783.20 2,815,749
Adani Ports & Special Economic Zone Ltd 359.85 362.00 355.30 3,229,387
UltraTech Cement Ltd 3,929.75 3,976.90 3,883.60 399,902
Yes Bank Ltd 252.60 257.50 250.35 34,018,752
Bajaj Auto Ltd 2,949.75 2,998.85 2,930.05 622,630
Bajaj Finserv Ltd 6,960.05 7,080.00 6,938.90 155,624
Indiabulls Housing Finance Ltd 727.00 754.60 724.10 9,736,906
Bharti Infratel Ltd 316.10 329.25 313.90 3,378,667

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.