What is NIFTY?

National Stock Exchange launched an equity benchmark index in India on 21st April 1996 called Nifty share price. In the same year, multiple benchmark indexes were launched. Nifty has risen to its 13x from 835 to 10,800. The index calculates the performance of the bluechip companies, the largest and most liquid companies. It has selected 50 companies out of 1600 companies listed on NSE. It is owned and managed by India Index Services and Products Ltd. (IISL).

Must read on SEBI: Functions, structure and regulation

Indices by Nifty share price

It is the first index to be established and the nifty midcap 250 is the latest. Some other indices are as follows

  • The nifty junior
  • Top 100
  • Top  500
  • Midcap (Nifty) 100
  • Smallcap (Nifty) 100
  • Nifty free float smallcap 100.

Read on What is the process of investing in mutual funds

Stocks by Nifty share price

Some of the stocks include:

  • Bajaj
  • Asian Paints
  • Axis Bank
  • HDFC Bank
  • ITC Limited
  • Eicher motors
  • Tech Mahindra
  • Wipro
  • Dr. Reddy’s Laboratories, etc.

Also read on State bank of India mutual funds (SBIMF): complete guide

Sectoral nifty indices

Some sectoral Nifty share price indices include

  • Nifty auto
  • Bank Nifty
  • Nifty Fin services
  • Nifty IT, etc.

Comparison of performance of the sector to the performance of indices to gauge overall growth.

Keep reading on SEBI Regulations on Mutual Fund Expense

How does nifty calculate its share price?

To calculate the free float capitalization of the company, the nifty multiply the shares of a company available for trading by its current price.

Nifty share price

StockPriceChange (%)OpenHighLow
Adani Ports365.85-3.95(-1.07%)369.90370.70362.60
Asian Paints1388.052.35(0.17%)1384.951393.651375.10
Axis Bank738.753.25(0.44%)733.90740.50731.30
Bajaj Auto2970.0012.25(0.41%)2950.002979.202932.30
Bajaj Finance2979.8558.55 (2.00%)29002991.802885.00
Bajaj Finserve7466.70120.95 (1.65%)7305.007475.007278.00
Bharti Airtel324.650.15 (0.05%)321.25326.20321.25
Bharti Infra.262.55-4.15 (-1.56%)266.95267.00261.90
Britannia Inds.2681.7532.25 (1.22%)2637.002686.752637.00
Cipla550.05-7.95 (-1.42%)559.90559.90548.70
Coal India246.55-2.55 (-1.02%)249.10250.65246.25
Dr. Reddy’s Lab2857.70-42.80 (-1.48%)2882.252895.002851.00
Eicher motors20341.855.30 (0.03%)20315.0020444.9020227.60
GAIL (India)337.00-0.50 (-0.15%)337.10338.50333.05
Grasim Industries861.95-9.00 (-1.03%)864.00867.00857.05
HDFC1925.05-5.70 (-0.30%)1926.001931.601916.35
HCL Technologies1111.00-21.60 (-1.91%)1124.501129.551110.10
HDFC Bank2288.45-18.80 (-0.81%)2300.002300.002283.50
Hero Motocorp2524.0024.30 (0.97%)2499.002532.252490.60
Hindustan Unilever1685.20-3.50 (-0.21%)1680.101687.951677.00
Hindalco Inds197.35-2.65 (-1.33%)201.70201.90196.80
IOCL151.80-0.40 (-0.26%)152.20152.95150.40
ICICI Bank382.450.22 (0.07%)380.95382.70377.55
Indiabulls Housing680.557.55 (1.12%)671.90688.25668.60
IndusInd Bank1480.50-8.25 (-0.55%)1486.001489.001468.85
Infosys729.6010.25 (1.42%)719.15730.30715.80
ITC299.05-1.60 (-0.53%)299.40300.35298.20
JSW Steels287.50-1.75 (-0.61%)288.00290.50286.30
Kotak Mah. Bank1400.90-1.30 (-0.09%)1394.201407.901392.25
Larsen & Toubro1362.702.35 (0.17%)1357.001368.801355.35
M&M617.85-3.80 (-0.61%)620.90624.00616.10
Maruti Suzuki6649.95-0.20 (0.00%)6637.006664.006625.00
NTPC128.50-2.40 (-1.83%)130.75130.80127.40
ONGC169.500.60 (0.36%)167.40170.10167.40
Power Grid Corpn.187.05-2.95 (-1.55%)189.90190.05186.35
Reliance Industries1270.75-28.70 (-2.21%)1288.801288.801258.35
SBI299.551.30 (0.44%)297.60300.75296.60
Sun Pharma Industry437.50-1.65 (-0.38%)436.00439.25434.15
Tata Motors183.15-1.95 (-1.05%)184.30185.90182.55
Tata Steel522.700.05 (0.01%)522.55526.40519.00
TCS2170.8017.95 (0.83%)2145.002173.002136.10
Tech Mahindra807.855.55 (0.69%)801.00810.99799.20
Titan Company1095.707.00 (0.64%)1100.001110.001088.70
UltraTech Cem.4488.80-18.85 (-0.42%)4494.004515.004455.30
UPL950.65-11.00 (-1.14%)961.60961.60942.80
Vedanta158.70-0.70 (-0.44%)159.00160.65157.50
Wipro292.151.30 (0.45%)291.80293.10291.40
Yes Bank165.254.50 (2.80%)158.00167.50156.50
Zee entertainment351.8520.25 (6.11%)340.00354.40335.80

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