NIFTY 50 Journey has been amazing, Starting from 1000, surging to 15000 with no looking back is unbelievable. This reflects how the stock market of India has evolved.
NIFTY50 or “National Stock Exchange Fifty “is the benchmark index of the Indian stock market that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.
Why is it called NIFTY 50?
The term Nifty is derived from the combination National and Fifty as Nifty consists of 50 actively traded stocks.
From which sectors are these top 50 stocks traded on NIFTY taken?
Sectoral Indices of NIFTY 50 are listed as below:
- NIFTY Auto
- NIFTY Bank
- NIFTY Financial Services/ Nifty Financial Services 25/50 Index
- NIFTY FMCG
- NIFTY IT
- NIFTY Media
- NIFTY Metal
- NIFTY Pharma
- NIFTY Private Bank
- NIFTY PSU Bank
- NIFTY Realty
- NIFTY CONSUMER DURABLES
- NIFTY OIL & GAS
- Nifty Healthcare Index
How has NIFTY 50 evolved during the years?
NIFTY, when it started, was at 1107, and in 2021 it had crossed 15000, up by 14 times. Return on NIFTY has surpassed return on gold in these 25 years, thus considered an attractive investment asset.
Nifty is expected to reach beyond 16000 by the end of 2021. However, the world is curious to see the rise in NIFTY 50 despite economic growth suppression due to increasing covid cases in India. The stock market is booming with new IPOs and not to mention the share prices are soaring, touching new Highs every day
To read more click — https://www.finmargin.com/nifty-crash/”
Let us know your thought on NIFTY and Stock Market?
This post first appeared on Finmargin Website at “https://www.finmargin.com/nifty-crash/”
