NIFTY 50: Difference between revisions
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| constituents = 50 | | constituents = 50 | ||
| cap_level = [[Large cap]] | | cap_level = [[Large cap]] | ||
| mcap = | | mcap = {{INRConvert|209|lc|link=yes}} (December 2025) | ||
| weighting = [[Capitalization-weighted index|Free-float capitalization-weighted]] | | weighting = [[Capitalization-weighted index|Free-float capitalization-weighted]] | ||
| related = [[NIFTY Next 50]]{{br}}[[NIFTY 500]] | | related = [[NIFTY Next 50]]{{br}}[[NIFTY 500]] | ||
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}} | }} | ||
The ''' NIFTY 50''' is an Indian [[stock market index]] that represents the [[Capitalization-weighted index#Free-float weighting|float-weighted]] average of 50 of the largest Indian companies listed on the [[National Stock Exchange of India|National Stock Exchange]].<ref name=":4">{{cite web |title=NSE Indices |url=https://archives.nseindia.com/content/indices/ind_nifty50.pdf |url-status=live |archive-url=https://web.archive.org/web/20240412191903/https://archives.nseindia.com/content/indices/ind_nifty50.pdf |archive-date=2024-04-12 |access-date=2024-04-13 |website=[[National Stock Exchange of India]]}}</ref><ref name="nse">{{cite web |title=Broadmarket indices – NIFTY 50 Index |url=https://nseindia.com/products/content/equities/indices/nifty_50.htm |url-status=live |archive-url=https://web.archive.org/web/20190421182544/https://www.nseindia.com/products/content/equities/indices/nifty_50.htm |archive-date=21 April 2019 |access-date=2023-03-04 |website=[[National Stock Exchange of India]] |publisher=}}</ref> Nifty 50 is owned and managed by [[NSE Indices]], which is a wholly owned subsidiary of the | The ''' NIFTY 50''' is an Indian [[stock market index]] that represents the [[Capitalization-weighted index#Free-float weighting|float-weighted]] average of 50 of the largest Indian companies listed on the [[National Stock Exchange of India|National Stock Exchange]] (NSE).<ref name=":4">{{cite web |title=NSE Indices |url=https://archives.nseindia.com/content/indices/ind_nifty50.pdf |url-status=live |archive-url=https://web.archive.org/web/20240412191903/https://archives.nseindia.com/content/indices/ind_nifty50.pdf |archive-date=2024-04-12 |access-date=2024-04-13 |website=[[National Stock Exchange of India]]}}</ref><ref name="nse">{{cite web |title=Broadmarket indices – NIFTY 50 Index |url=https://nseindia.com/products/content/equities/indices/nifty_50.htm |url-status=live |archive-url=https://web.archive.org/web/20190421182544/https://www.nseindia.com/products/content/equities/indices/nifty_50.htm |archive-date=21 April 2019 |access-date=2023-03-04 |website=[[National Stock Exchange of India]] |publisher=}}</ref> Nifty 50 is owned and managed by [[NSE Indices]], which is a wholly owned subsidiary of the NSE.<ref>{{cite web |title=Corporate structure |url=https://www.nseindia.com/structure-key-personnel/corporate-structure |url-status=live |archive-url=https://web.archive.org/web/20200725150256/https://www.nseindia.com/structure-key-personnel/corporate-structure |archive-date=2020-07-25 |access-date=2020-06-25 |website=[[National Stock Exchange of India]]}}</ref><ref name=":0">{{cite web |title=About NSE Indices |url=https://www.nseindia.com/nse-indices |url-status=live |archive-url=https://web.archive.org/web/20200113084405/https://www.nseindia.com/nse-indices |archive-date=2020-01-13 |access-date=2024-07-08 |website=[[National Stock Exchange of India]]}}</ref> The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1,000 as its base value.<ref name=":4" /><ref>{{Cite web |date=2017-07-25 |title=Nifty's journey from 1,000 to 10,000: Brief history and major milestones |url=https://www.financialexpress.com/market/nifty-10000-today-update-sensex-market-history-milestones-25-july-2017-778089/ |access-date=2024-11-09 |website=Financialexpress |language=en}}</ref><ref name=":5">{{Cite web |title=Nifty Indices |url=https://www.niftyindices.com/indices/equity/broad-based-indices/NIFTY--50}}</ref> | ||
The NIFTY 50 index ecosystem consists of [[index | The NIFTY 50 index ecosystem consists of [[index fund]]s (both onshore and offshore [[mutual funds]] and [[exchange-traded fund|ETF]]s), and [[Derivative (finance)|futures and options]] at [[National Stock Exchange of India|NSE]] and NSE International Exchange (through [[GIFT Nifty]]).<ref>{{cite web |title=NSE Equity Derivatives Contract Specifications |url=https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |url-status=live |archive-url=https://web.archive.org/web/20190816215703/https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |archive-date=2019-08-16 |access-date=2019-08-16 |website=[[National Stock Exchange of India]]}}</ref><ref name=":1">{{Cite web |last=Taparia |first=Vidhi |date=2023-07-10 |title=What is 'GIFT Nifty' — the new avatar of the India-Singapore joint stock exchange, now in Gujarat |url=https://theprint.in/theprint-essential/what-is-gift-nifty-the-new-avatar-of-the-india-singapore-joint-stock-exchange-now-in-gujarat/1660722/ |url-status=live |archive-url=https://web.archive.org/web/20230904153909/https://theprint.in/theprint-essential/what-is-gift-nifty-the-new-avatar-of-the-india-singapore-joint-stock-exchange-now-in-gujarat/1660722/ |archive-date=2023-09-04 |access-date=2024-04-12 |website=[[ThePrint]] |language=en-US}}</ref> In 2016, NIFTY 50 was reported by the [[World Federation of Exchanges|WFE]] and [[Futures Industry Association|FIA]] as the world's most actively traded index [[Option (finance)|options contract]], but it was later overtaken by Nifty Bank.<ref>{{cite journal |author1=Sudhin |first=Serah |date=September 2017 |title=The Journey of Nifty-Fifty |url=http://www.academicjournal.in/download/691/2-5-63-604.pdf |url-status=dead |journal=International Journal of Academic Research and Development |volume=2 |issue=5 |page=4 |issn=2455-4197 |archive-url=https://web.archive.org/web/20210107231956/http://www.academicjournal.in/download/691/2-5-63-604.pdf |archive-date=2021-01-07 |access-date=2021-01-06}}</ref><ref>{{cite news |title=Nifty Options most actively traded globally for index options in 2015 |url=https://www.businesstoday.in/markets/stocks/story/nifty-options-most-traded-globally-for-index-options-in-2015-62697-2016-05-13 |access-date=13 August 2024 |work=Business Today |date=13 May 2016 |language=en}}</ref><ref>{{cite news |last1=Raj |first1=Shubham |title=NSE largest derivatives exchange for 3rd year, Nifty Bank most traded index option |url=https://economictimes.indiatimes.com/markets/stocks/news/nse-largest-derivatives-exchange-for-3rd-year-nifty-bank-most-traded-index-option/articleshow/88994125.cms |access-date=13 August 2024 |work=The Economic Times |date=19 January 2022}}</ref> In 2024, NIFTY 50 overtook Nifty Bank after the latter's [[Option time value|weekly expiry]] contracts were discontinued.<ref>{{Cite news |title=NSE volumes |url=https://www.moneycontrol.com/news/business/markets/new-f-o-rules-option-trading-volumes-plunge-across-indices-stocks-12886482.html}}</ref> | ||
The NIFTY 50 index covers 13 sectors of the [[Indian economy]] and offers investment managers exposure to the Indian market in one portfolio. As of | The NIFTY 50 index covers 13 sectors of the [[Indian economy]] and offers investment managers exposure to the Indian market in one portfolio. As of November 2025, NIFTY 50 gives a weightage of 36.84% to [[NBFC and MFI in India|financial services]] including [[Banking in India|banking]], 10.39% to [[Oil and gas industry in India|oil and gas]], 10.23% to [[Information technology in India|information technology]], 6.81% to [[Automotive industry in India|automotive]], and 6.49% to [[FMCG in India|consumer goods]].<ref name=":4" /> | ||
==Methodology== | ==Methodology== | ||
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# The company should have a minimum listing history of 1 month as on the cutoff date | # The company should have a minimum listing history of 1 month as on the cutoff date | ||
The index was initially calculated on a full market capitalization methodology. On 26 June 2009, the computation was changed to a free-float methodology.<ref>{{Cite news |date=2009-03-25 |title=Free float m-cap to decide Nifty value |url=https://economictimes.indiatimes.com/free-float-m-cap-to-decide-nifty-value/articleshow/4311871.cms |url-status=live |archive-url=https://web.archive.org/web/20240412192946/https://economictimes.indiatimes.com/free-float-m-cap-to-decide-nifty-value/articleshow/4311871.cms |archive-date=2024-04-12 |access-date=2024-04-12 |work=[[The Economic Times]] |issn=0013-0389}}</ref> The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the equity market segment on NSE. The base value of the index has been set at | The index was initially calculated on a full market capitalization methodology. On 26 June 2009, the computation was changed to a free-float methodology.<ref>{{Cite news |date=2009-03-25 |title=Free float m-cap to decide Nifty value |url=https://economictimes.indiatimes.com/free-float-m-cap-to-decide-nifty-value/articleshow/4311871.cms |url-status=live |archive-url=https://web.archive.org/web/20240412192946/https://economictimes.indiatimes.com/free-float-m-cap-to-decide-nifty-value/articleshow/4311871.cms |archive-date=2024-04-12 |access-date=2024-04-12 |work=[[The Economic Times]] |issn=0013-0389}}</ref> The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the equity market segment on NSE. The base value of the index has been set at 1,000 and a base capital of ₹2.06 trillion.<ref name=":4" /><ref>{{cite web|url=https://www.nseindia.com/products/content/equities/indices/indices.htm|title=NSE – National Stock Exchange of India Ltd.|website=Nseindia.com|access-date=18 May 2016|archive-date=1 July 2022|archive-url=https://web.archive.org/web/20220701145358/https://www1.nseindia.com/products/content/equities/indices/indices.htm|url-status=live}}</ref> | ||
The index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 every year; further, average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.<ref name=":4" /> | The index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 every year; further, average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.<ref name=":4" /> | ||
==Constituents== | ==Constituents== | ||
The Nifty 50 has the following constituents, as of | The Nifty 50 has the following constituents, as of 8 December 2025. | ||
{| class="wikitable sortable" id="constituents" | {| class="wikitable sortable" id="constituents" | ||
! Company name | ! Company name | ||
| Line 143: | Line 143: | ||
| Financial Services | | Financial Services | ||
| 31 July 2020 | | 31 July 2020 | ||
|- | |- | ||
| [[Hindalco Industries]] | | [[Hindalco Industries]] | ||
| Line 164: | Line 159: | ||
| 25 January 2002 | | 25 January 2002 | ||
|- | |- | ||
| [[ | | [[IndiGo]] | ||
| | | INDIGO | ||
| | | Services | ||
| | | 30 September 2025 | ||
|- | |- | ||
| [[Infosys]] | | [[Infosys]] | ||
| Line 208: | Line 203: | ||
| Automobile and Auto Components | | Automobile and Auto Components | ||
| 1 March 2004 | | 1 March 2004 | ||
|- | |||
| [[Max Healthcare]] | |||
| MAXHEALTH | |||
| Healthcare | |||
| 30 September 2025 | |||
|- | |- | ||
| [[Nestlé India]] | | [[Nestlé India]] | ||
| Line 264: | Line 264: | ||
| 31 March 2021{{efn|Tata Consumer Products was also a constituent of Nifty 50 from 22 April 1996 to 1 September 2006}} | | 31 March 2021{{efn|Tata Consumer Products was also a constituent of Nifty 50 from 22 April 1996 to 1 September 2006}} | ||
|- | |- | ||
| [[Tata Motors]] | | [[Tata Motors Passenger Vehicles]] | ||
| | | TMPV | ||
| Automobile and Auto Components | | Automobile and Auto Components | ||
| 22 April 1996 | | 22 April 1996 | ||
| Line 302: | Line 302: | ||
==Index changes== | ==Index changes== | ||
Changes in index constituents since Nifty 50 since | Changes in index constituents since Nifty 50 since 2005: | ||
{| class="wikitable mw-collapsible mw-collapsed" id="constituents" style="font-size:95%" | {| class="wikitable mw-collapsible mw-collapsed" id="constituents" style="font-size:95%" | ||
! colspan="5" | List of replacements since | ! colspan="5" | List of replacements since 2005 | ||
|- | |- | ||
! colspan="5" | | ! colspan="5" | | ||
| Line 311: | Line 311: | ||
!Date of replacement !!Reason for exclusion | !Date of replacement !!Reason for exclusion | ||
!Ref | !Ref | ||
|- | |||
|[[Indian Hotels Company]] | |||
|[[Tata Consultancy Services]] | |||
|25 February 2005 | |||
| rowspan="8" |Inadequate market capitalization | |||
|<ref>{{cite web |title=Change in indices w.e.f. Feb. 25, 2005 |url=https://www.niftyindices.com/Press_Release/ind_prs12012005.pdf |publisher=Nifty Indices |access-date=7 December 2025}}</ref> | |||
|- | |||
|[[Colgate-Palmolive|Colgate-Palmolive India]] | |||
|[[Jet Airways]] | |||
|26 September 2005 | |||
|<ref name="inclexcl"/> | |||
|- | |- | ||
|[[Shipping Corporation of India]] | |[[Shipping Corporation of India]] | ||
|[[Siemens|Siemens India]] | |[[Siemens|Siemens India]] | ||
| rowspan="2" |27 June 2006 | | rowspan="2" |27 June 2006 | ||
| rowspan="3" | <ref>{{cite news |title=Reliance Comm to replace Tata Tea on Nifty |url=https://www.rediff.com/money/report/nifty/20060720.htm |access-date=16 May 2025 |work=Rediff |language=en}}</ref> | | rowspan="3" | <ref>{{cite news |title=Reliance Comm to replace Tata Tea on Nifty |url=https://www.rediff.com/money/report/nifty/20060720.htm |access-date=16 May 2025 |work=Rediff |language=en}}</ref> | ||
|- | |- | ||
| Line 504: | Line 514: | ||
|- | |- | ||
|[[Bharat Heavy Electricals Limited|BHEL]] | |[[Bharat Heavy Electricals Limited|BHEL]] | ||
|[[Indiabulls Housing Finance]] | |[[Indiabulls|Indiabulls Housing Finance]] | ||
| rowspan="2" |31 March 2017 | | rowspan="2" |31 March 2017 | ||
| rowspan="2" | Inadequate market capitalization | | rowspan="2" | Inadequate market capitalization | ||
| Line 551: | Line 561: | ||
|<ref>{{cite web |date=2019-02-25 |title=Britannia to replace Hindustan Petroleum in Nifty 50 from 29 March |url=https://www.livemint.com/market/stock-market-news/britannia-to-replace-hindustan-petroleum-in-nifty-50-from-29-march-1551116705011.html |url-status=live |archive-url=https://web.archive.org/web/20190927073624/https://www.livemint.com/market/stock-market-news/britannia-to-replace-hindustan-petroleum-in-nifty-50-from-29-march-1551116705011.html |archive-date=2019-09-27 |access-date=2019-09-27 |website=[[Mint (newspaper)|Mint]]}}</ref> | |<ref>{{cite web |date=2019-02-25 |title=Britannia to replace Hindustan Petroleum in Nifty 50 from 29 March |url=https://www.livemint.com/market/stock-market-news/britannia-to-replace-hindustan-petroleum-in-nifty-50-from-29-march-1551116705011.html |url-status=live |archive-url=https://web.archive.org/web/20190927073624/https://www.livemint.com/market/stock-market-news/britannia-to-replace-hindustan-petroleum-in-nifty-50-from-29-march-1551116705011.html |archive-date=2019-09-27 |access-date=2019-09-27 |website=[[Mint (newspaper)|Mint]]}}</ref> | ||
|- | |- | ||
|[[Indiabulls Housing Finance]] | |[[Indiabulls|Indiabulls Housing Finance]] | ||
|[[Nestlé India]] | |[[Nestlé India]] | ||
|27 September 2019 | |27 September 2019 | ||
| Line 603: | Line 613: | ||
|[[Shriram Finance]] | |[[Shriram Finance]] | ||
|28 March 2024 | |28 March 2024 | ||
| rowspan=" | | rowspan="7" | Inadequate market capitalization | ||
|<ref>{{cite news |date=2024-02-29 |title=Shriram Finance to replace UPL in Nifty from March 28 |url=https://economictimes.indiatimes.com/markets/stocks/news/shriram-finance-to-replace-upl-in-nifty-from-march-28/articleshow/108086752.cms |url-status=live |archive-url=https://web.archive.org/web/20240609183056/https://economictimes.indiatimes.com/markets/stocks/news/shriram-finance-to-replace-upl-in-nifty-from-march-28/articleshow/108086752.cms |archive-date=2024-06-09 |access-date=2024-03-27 |work=[[The Economic Times]]}}</ref> | |<ref>{{cite news |date=2024-02-29 |title=Shriram Finance to replace UPL in Nifty from March 28 |url=https://economictimes.indiatimes.com/markets/stocks/news/shriram-finance-to-replace-upl-in-nifty-from-march-28/articleshow/108086752.cms |url-status=live |archive-url=https://web.archive.org/web/20240609183056/https://economictimes.indiatimes.com/markets/stocks/news/shriram-finance-to-replace-upl-in-nifty-from-march-28/articleshow/108086752.cms |archive-date=2024-06-09 |access-date=2024-03-27 |work=[[The Economic Times]]}}</ref> | ||
|- | |- | ||
| Line 620: | Line 630: | ||
|- | |- | ||
|[[Britannia Industries]] | |[[Britannia Industries]] | ||
|[[Eternal Limited|Eternal]] | |[[Eternal Limited|Eternal]] | ||
|- | |||
|[[Hero MotoCorp]] | |||
|[[IndiGo]] | |||
| rowspan="2" |30 September 2025 | |||
| rowspan="2" |<ref>{{cite news |last1=Kochuveedan |first1=Benn |title=Nifty rejig: Indigo, Max Health in; Indusind, Hero out |url=https://www.newindianexpress.com/business/2025/Aug/23/nifty-rejig-indigo-max-health-in-indusind-hero-out |access-date=29 September 2025 |work=The New Indian Express |date=23 August 2025 |language=en}}</ref> | |||
|- | |||
|[[IndusInd Bank]] | |||
|[[Max Healthcare]] | |||
|} | |} | ||
| Line 638: | Line 656: | ||
|- | |- | ||
! [[Intraday]] | ! [[Intraday]] | ||
| 26, | | 26,310.45 | ||
| Friday, 27 | | Friday, 27 November 2025 | ||
|- | |- | ||
|} | |} | ||
''' | '''Milestones''' | ||
{| class="wikitable" | {| class="wikitable" | ||
|+ | |+ | ||
! | !Milestone value | ||
!First | !First touch | ||
|- | |- | ||
| | |1,000 | ||
|2 December 1999 | |2 December 1999 | ||
|- | |- | ||
| | |2,000 | ||
|2 December 2004 | |2 December 2004 | ||
|- | |- | ||
| | |3,000 | ||
|30 January 2006 | |30 January 2006 | ||
|- | |- | ||
| | |4,000 | ||
|1 December 2006 | |1 December 2006 | ||
|- | |- | ||
| | |5,000 | ||
|27 September 2007 | |27 September 2007 | ||
|- | |- | ||
| | |10,000 | ||
|25 July 2017 | |25 July 2017 | ||
|- | |- | ||
| | |15,000 | ||
|5 February 2021 | |5 February 2021 | ||
|- | |- | ||
| | |20,000 | ||
|11 September 2023 | |11 September 2023 | ||
|- | |- | ||
| | |25,000 | ||
|1 August 2024 | |1 August 2024 | ||
|- | |- | ||
| | |26,000 | ||
|24 September 2024 | |24 September 2024 | ||
|} | |} | ||
| Line 683: | Line 701: | ||
{| class="wikitable" | {| class="wikitable" | ||
|+ | |+ | ||
! width=" | ! width="15%" |Date | ||
! width=" | ! width="25%" |Fall | ||
! width="60%" |Probable reason | ! width="60%" |Probable reason | ||
|- | |- | ||
| Line 749: | Line 767: | ||
|4 June 2024 | |4 June 2024 | ||
|1,379.40 points (5.93%) | |1,379.40 points (5.93%) | ||
|The [[Second Modi ministry|incumbent government]] secured fewer seats in the [[2024 Indian general elections]] than was predicted by the [[2024 Indian general election#Exit polls|exit polls]].<ref>{{Cite news |last=Deva |first=Pranati |date=2024-06-04 |title=Immediate support for Nifty at 21,200? Experts outline key levels to watch out for after today's market crash |url=https://www.livemint.com/market/stock-market-news/immediate-support-for-nifty-at-22-000-experts-outline-key-levels-to-watch-post-market-crash-11717496540094.html |url-status=live |archive-url=https://web.archive.org/web/20240604120403/https://www.livemint.com/market/stock-market-news/immediate-support-for-nifty-at-22-000-experts-outline-key-levels-to-watch-post-market-crash-11717496540094.html |archive-date=2024-06-04 |access-date=2024-06-04 |work=[[Mint (newspaper)|Mint]] | |The [[Second Modi ministry|incumbent government]] secured fewer seats in the [[2024 Indian general elections]] than was predicted by the [[2024 Indian general election#Exit polls|exit polls]].<ref>{{Cite news |last=Deva |first=Pranati |date=2024-06-04 |title=Immediate support for Nifty at 21,200? Experts outline key levels to watch out for after today's market crash |url=https://www.livemint.com/market/stock-market-news/immediate-support-for-nifty-at-22-000-experts-outline-key-levels-to-watch-post-market-crash-11717496540094.html |url-status=live |archive-url=https://web.archive.org/web/20240604120403/https://www.livemint.com/market/stock-market-news/immediate-support-for-nifty-at-22-000-experts-outline-key-levels-to-watch-post-market-crash-11717496540094.html |archive-date=2024-06-04 |access-date=2024-06-04 |work=[[Mint (newspaper)|Mint]]}}</ref> | ||
|} | |} | ||
| Line 906: | Line 920: | ||
|2023 | |2023 | ||
|21,731.40 | |21,731.40 | ||
| | |3,621.10 | ||
|20.03 | |20.03 | ||
|- | |- | ||
|2024 | |2024 | ||
|23,644.80 | |23,644.80 | ||
| | |1,913.40 | ||
|8.80 | |8.80 | ||
|} | |} | ||
==Derivatives== | ==Derivatives== | ||
Trading in futures and options on the NIFTY 50 is offered by the [[National Stock Exchange of India|NSE]] and NSE International Exchange (NSEIX).<ref>{{cite web |date=1 April 2013 |title=National Stock Exchange of India Ltd. |url=https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |url-status=live |archive-url=https://web.archive.org/web/20190816215703/https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |archive-date=16 August 2019 |access-date=28 June 2020 |website=[[National Stock Exchange of India]]}}</ref><ref name="SGX-Derivatives">{{cite web |title=SGX Derivatives Products Nifty Indices Futures and Options Product Information |url=https://www2.sgx.com/derivatives/products/nifty?cc=IN#Product%20Information |url-status=live |archive-url=https://web.archive.org/web/20200805031352/https://www.sgx.com/derivatives/products/nifty?cc=IN#Product%20Information |archive-date=5 August 2020 |access-date=16 August 2019 |website=Singapore Exchange Ltd.}}</ref> NSE offers weekly as well as monthly expiry options | Trading in futures and options on the NIFTY 50 is offered by the [[National Stock Exchange of India|NSE]] and NSE International Exchange (NSEIX).<ref>{{cite web |date=1 April 2013 |title=National Stock Exchange of India Ltd. |url=https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |url-status=live |archive-url=https://web.archive.org/web/20190816215703/https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |archive-date=16 August 2019 |access-date=28 June 2020 |website=[[National Stock Exchange of India]]}}</ref><ref name="SGX-Derivatives">{{cite web |title=SGX Derivatives Products Nifty Indices Futures and Options Product Information |url=https://www2.sgx.com/derivatives/products/nifty?cc=IN#Product%20Information |url-status=live |archive-url=https://web.archive.org/web/20200805031352/https://www.sgx.com/derivatives/products/nifty?cc=IN#Product%20Information |archive-date=5 August 2020 |access-date=16 August 2019 |website=Singapore Exchange Ltd.}}</ref> NSE offers weekly as well as monthly expiry options.<ref>{{Cite web |date=April 2022 |title=WFE Derivatives Report 2021 |url=https://www.world-exchanges.org/storage/app/media/2021%20Annual%20Derivatives%20Report.pdf |url-status=unfit |archive-url=https://web.archive.org/web/20231004115815/https://www.world-exchanges.org/storage/app/media/2021%20Annual%20Derivatives%20Report.pdf |archive-date=2023-10-04 |website=[[World Federation of Exchanges]]}}</ref> | ||
NSE allows international traders to trade on the NIFTY 50 by [[GIFT Nifty|GIFT NIFTY]]. The same index had previously operated under the name SGX Nifty, and was traded on the [[Singapore Exchange]]. It was rebranded to GIFT Nifty on 3 July 2023 | NSE allows international traders to trade on the NIFTY 50 by [[GIFT Nifty|GIFT NIFTY]]. The same index had previously operated under the name SGX Nifty, and was traded on the [[Singapore Exchange]]. It was rebranded to GIFT Nifty on 3 July 2023; trading was then moved to the NSE International Exchange (NSEIX), situated in [[GIFT City]], Gandhinagar.<ref name=":2">{{Cite web |last=Bhadoria |first=Sharmila |date=2023-07-02 |title=Explained: SGX Nifty to become GIFT Nifty from tomorrow; what it means for India |url=https://www.livemint.com/market/stock-market-news/explained-sgx-nifty-to-become-gift-nifty-from-tomorrow-what-does-it-mean-india-gift-city-gandhinagar-gujarat-nse-ix-11688272033035.html |url-status=live |archive-url=https://web.archive.org/web/20230702054802/http://www.livemint.com/market/stock-market-news/explained-sgx-nifty-to-become-gift-nifty-from-tomorrow-what-does-it-mean-india-gift-city-gandhinagar-gujarat-nse-ix-11688272033035.html |archive-date=2023-07-02 |access-date=2024-04-12 |website=[[Mint (newspaper)|The Mint]] |language=en}}</ref><ref name=":1" /><ref name=":3">{{Cite news |last=Sharma |first=Ajaya |date=2023-05-17 |title=Shift of SGX Nifty to NSE-IFSC exchange to be a watershed moment in history of India: V Balasubramaniam |url=https://economictimes.indiatimes.com/markets/expert-view/shift-of-sgx-nifty-to-nse-ifsc-exchange-to-be-a-watershed-moment-in-history-of-india-v-balasubramaniam/articleshow/100300165.cms |url-status=live |archive-url=https://web.archive.org/web/20230721235140/https://economictimes.indiatimes.com/markets/expert-view/shift-of-sgx-nifty-to-nse-ifsc-exchange-to-be-a-watershed-moment-in-history-of-india-v-balasubramaniam/articleshow/100300165.cms |archive-date=2023-07-21 |access-date=2024-04-12 |work=The Economic Times |issn=0013-0389}}</ref> The CEO of NSEIX called it a watershed moment since it was the first time India got back an international contract which had previously been exported.<ref name=":3" /><ref name=":2" /> | ||
==NIFTY Next 50== | ==NIFTY Next 50== | ||
| Line 925: | Line 939: | ||
==See also== | ==See also== | ||
* [[GIFT Nifty]] | |||
* [[NSE Indices]] | * [[NSE Indices]] | ||
* [[BSE SENSEX]] | * [[BSE SENSEX]] | ||
* [[List of companies listed on the National Stock Exchange of India]] | * [[List of companies listed on the National Stock Exchange of India]] | ||
Latest revision as of 22:47, 7 December 2025
Template:Short description Template:For-multi Template:Use Indian English Template:Use dmy dates Script error: No such module "Infobox".Template:Template other
The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE).[1][2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE.[3][4] The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1,000 as its base value.[1][5][6]
The NIFTY 50 index ecosystem consists of index funds (both onshore and offshore mutual funds and ETFs), and futures and options at NSE and NSE International Exchange (through GIFT Nifty).[7][8] In 2016, NIFTY 50 was reported by the WFE and FIA as the world's most actively traded index options contract, but it was later overtaken by Nifty Bank.[9][10][11] In 2024, NIFTY 50 overtook Nifty Bank after the latter's weekly expiry contracts were discontinued.[12]
The NIFTY 50 index covers 13 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. As of November 2025, NIFTY 50 gives a weightage of 36.84% to financial services including banking, 10.39% to oil and gas, 10.23% to information technology, 6.81% to automotive, and 6.49% to consumer goods.[1]
Methodology
The NIFTY 50 index is a free float market capitalisation-weighted index.
Stocks are added to the index based on the following criteria:[1]
- Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 million.
- The company should have a listing history of 6 months.
- Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index.
- The company should have a minimum listing history of 1 month as on the cutoff date
The index was initially calculated on a full market capitalization methodology. On 26 June 2009, the computation was changed to a free-float methodology.[13] The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the equity market segment on NSE. The base value of the index has been set at 1,000 and a base capital of ₹2.06 trillion.[1][14]
The index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 every year; further, average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.[1]
Constituents
The Nifty 50 has the following constituents, as of 8 December 2025.
| Company name | Symbol | Sector[15] | Date added[16] |
|---|---|---|---|
| Adani Enterprises | ADANIENT | Metals & Mining | 30 September 2022 |
| Adani Ports & SEZ | ADANIPORTS | Services | 28 September 2015 |
| Apollo Hospitals | APOLLOHOSP | Healthcare | 31 March 2022 |
| Asian Paints | ASIANPAINT | Consumer Durables | 27 April 2012Template:Efn |
| Axis Bank | AXISBANK | Financial Services | 27 March 2009 |
| Bajaj Auto | BAJAJ-AUTO | Automobile and Auto Components | 1 October 2010Template:Efn |
| Bajaj Finance | BAJFINANCE | Financial Services | 29 September 2017 |
| Bajaj Finserv | BAJAJFINSV | Financial Services | 2 April 2018 |
| Bharat Electronics | BEL | Capital Goods | 30 September 2024 |
| Bharti Airtel | BHARTIARTL | Telecommunication | 1 March 2004 |
| Cipla | CIPLA | Healthcare | 7 October 1998 |
| Coal India | COALINDIA | Oil, Gas & Consumable Fuels | 10 October 2011 |
| Dr. Reddy's Laboratories | DRREDDY | Healthcare | 1 October 2010Template:Efn |
| Eicher Motors | EICHERMOT | Automobile and Auto Components | 1 April 2016 |
| Eternal | ETERNAL | Consumer Services | 28 March 2025 |
| Grasim Industries | GRASIM | Construction Materials | 2 April 2018Template:Efn |
| HCLTech | HCLTECH | Information Technology | 28 October 2002 |
| HDFC Bank | HDFCBANK | Financial Services | 22 April 1996 |
| HDFC Life | HDFCLIFE | Financial Services | 31 July 2020 |
| Hindalco Industries | HINDALCO | Metals & Mining | 22 April 1996 |
| Hindustan Unilever | HINDUNILVR | Fast Moving Consumer Goods | 22 April 1996 |
| ICICI Bank | ICICIBANK | Financial Services | 25 January 2002 |
| IndiGo | INDIGO | Services | 30 September 2025 |
| Infosys | INFY | Information Technology | 7 October 1998 |
| ITC | ITC | Fast Moving Consumer Goods | 22 April 1996 |
| Jio Financial Services | JIOFIN | Financial Services | 28 March 2025 |
| JSW Steel | JSWSTEEL | Metals & Mining | 28 September 2018 |
| Kotak Mahindra Bank | KOTAKBANK | Financial Services | 8 April 2010 |
| Larsen & Toubro | LT | Construction | 10 December 2004Template:Efn |
| Mahindra & Mahindra | M&M | Automobile and Auto Components | 18 September 1996 |
| Maruti Suzuki | MARUTI | Automobile and Auto Components | 1 March 2004 |
| Max Healthcare | MAXHEALTH | Healthcare | 30 September 2025 |
| Nestlé India | NESTLEIND | Fast Moving Consumer Goods | 27 September 2019Template:Efn |
| NTPC | NTPC | Power | 24 September 2007 |
| Oil and Natural Gas Corporation | ONGC | Oil, Gas & Consumable Fuels | 12 April 2004 |
| Power Grid | POWERGRID | Power | 14 March 2008 |
| Reliance Industries | RELIANCE | Oil, Gas & Consumable Fuels | 22 April 1996 |
| SBI Life Insurance Company | SBILIFE | Financial Services | 25 September 2020 |
| Shriram Finance | SHRIRAMFIN | Financial Services | 28 March 2024 |
| State Bank of India | SBIN | Financial Services | 22 April 1996 |
| Sun Pharma | SUNPHARMA | Healthcare | 17 January 2002 |
| Tata Consultancy Services | TCS | Information Technology | 25 February 2005 |
| Tata Consumer Products | TATACONSUM | Fast Moving Consumer Goods | 31 March 2021Template:Efn |
| Tata Motors Passenger Vehicles | TMPV | Automobile and Auto Components | 22 April 1996 |
| Tata Steel | TATASTEEL | Metals & Mining | 22 April 1996 |
| Tech Mahindra | TECHM | Information Technology | 28 March 2014 |
| Titan Company | TITAN | Consumer Durables | 2 April 2018 |
| Trent | TRENT | Consumer Services | 30 September 2024 |
| UltraTech Cement | ULTRACEMCO | Construction Materials | 28 September 2012 |
| Wipro | WIPRO | Information Technology | 27 September 2013Template:Efn |
Index changes
Changes in index constituents since Nifty 50 since 2005:
Statistics
Record values
| Category | All-time highs[59] | |
|---|---|---|
| Value | Date | |
| Closing | 26,216.05 | Thursday, 26 September 2024 |
| Intraday | 26,310.45 | Friday, 27 November 2025 |
Milestones
| Milestone value | First touch |
|---|---|
| 1,000 | 2 December 1999 |
| 2,000 | 2 December 2004 |
| 3,000 | 30 January 2006 |
| 4,000 | 1 December 2006 |
| 5,000 | 27 September 2007 |
| 10,000 | 25 July 2017 |
| 15,000 | 5 February 2021 |
| 20,000 | 11 September 2023 |
| 25,000 | 1 August 2024 |
| 26,000 | 24 September 2024 |
Major single day falls
The following table lists some of the notable single-day falls of the NIFTY 50 index.
| Date | Fall | Probable reason |
|---|---|---|
| 31 March 1997 | 89.50 points (8.46%) | Congress withdraws support to the United Front coalition government.[60][61] |
| 28 October 1997 | 88.20 points (7.87%) | Asian financial crisis.[62] |
| 17 April 1999 | 77.50 points (7.42%) | Vajpayee loses a no-confidence motion by one vote after AIADMK withdraws support to the NDA coalition government.[63] |
| 4 April 2000 | 106.65 points (6.90%) | Dot-com bubble burst.[64] |
| 14 May 2004 | 135.10 points (7.87%) | 2004 Indian general election results. |
| 17 May 2004 | 196.90 points (12.24%) | 2004 Indian general election results.[65] |
| 21 January 2008 | 496.50 points (8.70%) | US subprime mortgage crisis.[66] |
| 22 January 2008 | 309.50 points (5.94%) | US subprime mortgage crisis. |
| 24 October 2008 | 386 points (13.11%) | Global financial crisis.[67] |
| 7 January 2009 | 192.40 points (6.18%) | Satyam scandal.[68] |
| 6 July 2009 | 258.55 points (5.84%) | Union budget announcement.[69] |
| 24 August 2015 | 490.95 points (5.92%) | Chinese stock market crash.[70] |
| 12 March 2020 | 868.25 points (8.30%) | COVID-19 pandemic; WHO declares it a pandemic.[71] |
| 16 March 2020 | 757.80 points (7.61%) | COVID-19 pandemic.[72] |
| 23 March 2020 | 1,135.20 points (12.98%) | COVID-19 pandemic.[73] |
| 4 June 2024 | 1,379.40 points (5.93%) | The incumbent government secured fewer seats in the 2024 Indian general elections than was predicted by the exit polls.[74] |
Major single day gains
The following table lists some of the notable single-day gains of the NIFTY 50 index.
| Date | Gain | Probable reason |
|---|---|---|
| 18 May 2009 | 651.50 points (17.74%) | 2009 Indian general election results caused multiple trading curbs.[75] |
| 20 September 2019 | 655.45 points (6.12%) | Announcement of corporate tax rate cuts.[76] |
| 25 March 2020 | 516.80 points (6.62%) | US Senate passes a $2.2 trillion economic stimulus bill in response to the COVID-19 pandemic.[77] |
| 7 April 2020 | 708.40 points (8.76%) | Indications that COVID-19 cases were easing around the world.[78] |
| 1 February 2021 | 646.60 points (4.74%) | Union budget announcement.[79] |
Annual returns
The following table shows the annual development of the NIFTY 50 since 2000.[80][81] The historical daily returns data can be accessed from the NSE website.[82]
| Year | Closing level | Change in Index in Points |
Change in Index in % |
|---|---|---|---|
| 2000 | 1,263.55 | −216.90 | −14.65 |
| 2001 | 1,059.05 | −204.50 | −13.94 |
| 2002 | 1,093.50 | 34.45 | 3.25 |
| 2003 | 1,879.75 | 786.25 | 71.90 |
| 2004 | 2,080.50 | 200.75 | 10.68 |
| 2005 | 2,836.55 | 756.05 | 36.34 |
| 2006 | 3,966.40 | 1,129.85 | 39.83 |
| 2007 | 6,138.60 | 2,172.20 | 54.77 |
| 2008 | 2,959.15 | −3,179.45 | −51.79 |
| 2009 | 5,201.05 | 2,241.90 | 75.76 |
| 2010 | 6,134.50 | 933.45 | 17.95 |
| 2011 | 4,624.30 | −1,510.20 | −24.62 |
| 2012 | 5,905.10 | 1,280.80 | 27.70 |
| 2013 | 6,304.00 | 398.90 | 6.76 |
| 2014 | 8,282.70 | 1,978.70 | 31.39 |
| 2015 | 7,964.35 | −336.35 | −4.06 |
| 2016 | 8,185.80 | 239.45 | 3.01 |
| 2017 | 10,530.70 | 2,344.90 | 28.65 |
| 2018 | 10,862.55 | 331.85 | 3.15 |
| 2019 | 12,168.45 | 1,305.90 | 12.02 |
| 2020 | 13,981.75 | 1,813.30 | 14.90 |
| 2021 | 17,354.05 | 3,372.30 | 24.12 |
| 2022 | 18,105.30 | 751.25 | 4.33 |
| 2023 | 21,731.40 | 3,621.10 | 20.03 |
| 2024 | 23,644.80 | 1,913.40 | 8.80 |
Derivatives
Trading in futures and options on the NIFTY 50 is offered by the NSE and NSE International Exchange (NSEIX).[83][84] NSE offers weekly as well as monthly expiry options.[85]
NSE allows international traders to trade on the NIFTY 50 by GIFT NIFTY. The same index had previously operated under the name SGX Nifty, and was traded on the Singapore Exchange. It was rebranded to GIFT Nifty on 3 July 2023; trading was then moved to the NSE International Exchange (NSEIX), situated in GIFT City, Gandhinagar.[86][8][87] The CEO of NSEIX called it a watershed moment since it was the first time India got back an international contract which had previously been exported.[87][86]
NIFTY Next 50
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See also
Notes
References
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External links
Template:Stock Market Indices Template:Nifty 200 companies Script error: No such module "Navbox".