Nifty 101: Everything You Need to Know About India's Leading Stock Index
The world of investing is vast and diverse, with many benchmarks and indices that help investors gauge the market's health and direction. One of the most prominent stock market indices in India is the Nifty 50, often referred to simply as " Nifty ." It serves as a barometer for the Indian stock market and plays a crucial role for both domestic and international investors. In this article, we will dive deep into the fundamentals of Nifty, what it represents, how it works, and why it matters. What is Nifty? Nifty, short for the National Stock Exchange Fifty, is an equity benchmark index that tracks the performance of the top 50 companies listed on the National Stock Exchange (NSE) of India. These 50 companies are chosen from a range of sectors, providing a comprehensive snapshot of the Indian economy's health and market performance. Launched in April 1996, the Nifty 50 is managed by NSE Indices Limited, a subsidiary of the NSE. It serves as a performance indicator of th...