Nifty 50
What is Nifty 50 ? M ost people who are new to share market or watch news have wondered what is Nifty 50 ? , what does it represent? and what is the basis of its calculation?. Nifty is the name derived from N (National Stock Exchange) and ifty (Fifty stocks in the index). An Index is a list of stocks grouped to form a particular Index like Nifty 50 (group of 50 stocks)which represents the performance of the Share market which in turn represents the strength of the Economy of a country. In most cases it serves as a benchmark for investment , Economic growth, stability and ease of business in a country. The NIFTY 50 is owned and managed by NSE Indices Limited (formerly known as India Index Services & Products Limited-IISL), India’s first specialized company focused on an index as a core product. Now coming to Nifty 50 it has a group of 50 stocks whose price is calculated using the free-float market capitalization weighted method wherein the level of t...