Nifty Share Price

19,145.30

1,292.10 (7.24%)

25-Sep-21 15:34

Open

17,882.70

Prev. Close

17,853.20

High

19,796.35

Low

16,656.30

Mkt Cap.

14,183,954.26

Div Yield

1.11

PE

27.34

Performance

One Week (%)

1.52

One Month (%)

7.39

One Year (%)

65.22

YTD (%)

20.08

Nifty Listed Companies

Company Name CMP High Low Volume
Asian Paints Ltd 3,370.00 3,791.00 3,107.00 598,135
Britannia Industries Ltd 3,700.00 4,447.15 3,642.00 912,839
Cipla Ltd 890.00 1,063.00 871.00 1,004,088
Eicher Motors Ltd 2,640.00 3,222.00 2,640.00 959,230
Nestle India Ltd 21,840.00 21,840.00 19,807.75 58,714
Grasim Industries Ltd 1,468.00 1,791.00 1,468.00 1,837,307
Housing Development Finance Corporation Ltd 3,290.00 3,406.00 2,557.00 10,301,880
Hero MotoCorp Ltd 3,113.00 3,115.00 2,552.00 958,031
Hindalco Industries Ltd 520.00 526.00 431.00 3,417,614
Hindustan Unilever Ltd 3,018.00 3,019.00 2,474.00 1,409,089
ITC Ltd 249.00 262.25 215.00 5,376,115
Larsen & Toubro Ltd 1,792.45 1,866.85 1,780.00 1,612,780
Mahindra & Mahindra Ltd 857.00 857.00 757.35 609,931
Reliance Industries Ltd 3,227.00 3,227.00 2,350.00 25,211,689
Shree Cement Ltd 29,795.60 32,338.00 29,762.55 104,821
Tata Consumer Products Ltd 848.40 850.75 846.15 628,184
Tata Motors Ltd 322.55 349.60 317.95 8,649,380
Tata Steel Ltd 1,311.55 1,321.90 1,235.00 1,481,182
Wipro Ltd 713.75 743.00 676.50 3,228,962
Dr Reddys Laboratories Ltd 5,260.00 5,266.00 4,316.00 872,132
Titan Company Ltd 2,301.00 2,301.00 2,096.35 626,579
State Bank of India 611.00 612.00 440.00 10,979,210
Bharat Petroleum Corporation Ltd 415.00 455.00 412.00 1,073,806
Kotak Mahindra Bank Ltd 2,229.00 2,230.90 1,830.00 1,569,074
UPL Ltd 790.00 790.00 725.30 665,665
Infosys Ltd 1,779.00 1,938.00 1,589.00 3,134,942
Bajaj Finance Ltd 7,949.00 7,949.00 7,872.00 242,142
Sun Pharmaceuticals Industries Ltd 820.00 820.00 768.50 604,552
JSW Steel Ltd 724.00 724.00 645.00 1,029,287
HDFC Bank Ltd 1,601.55 1,921.00 1,442.00 12,446,863
Tata Consultancy Services Ltd 4,256.00 4,256.00 3,888.00 1,539,169
ICICI Bank Ltd 768.00 794.00 651.00 4,194,297
Power Grid Corporation of India Ltd 186.95 187.00 176.15 700,072
Maruti Suzuki India Ltd 6,875.65 6,883.75 6,854.90 141,374
IndusInd Bank Ltd 1,047.00 1,278.00 1,047.00 1,732,107
Axis Bank Ltd 718.25 877.00 718.25 3,412,489
HCL Technologies Ltd 1,300.00 1,492.00 1,223.00 1,408,691
Oil & Natural Gas Corpn Ltd 139.95 145.00 136.10 2,935,823
NTPC Ltd 126.65 126.70 124.25 1,608,271
Indian Oil Corporation Ltd 126.00 128.00 116.00 978,647
Coal India Ltd 168.00 182.00 166.30 3,201,387
Bharti Airtel Ltd 715.00 797.00 709.00 3,497,282
Tech Mahindra Ltd 1,547.30 1,547.30 1,528.00 1,566,296
Divis Laboratories Ltd 5,247.25 5,616.00 5,235.35 124,329
Adani Ports & Special Economic Zone Ltd 673.00 818.00 670.95 2,494,693
HDFC Life Insurance Company Ltd 655.00 798.00 653.80 834,896
SBI Life Insurance Company Ltd 1,343.00 1,343.00 1,214.50 616,676
UltraTech Cement Ltd 8,269.00 8,269.00 7,609.05 112,112
Bajaj Auto Ltd 3,432.00 4,188.00 3,432.00 908,047
Bajaj Finserv Ltd 18,557.60 18,589.95 18,436.60 243,384

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.