If you are interested in the Indian Share market It's one of the most important metrics to follow in the stock markets. Nifty 50 is a diversified 50 stock index from the 13 sectors of the economy.
This index represents the free float market capitalization of the stocks listed on NSE (National Stock Exchange).
Company Name | Market Capitalization(in Cr.) |
Reliance Industries Limited | 18,01,649 Cr. |
TCS ( Tata Consultancy Services) | 11,78,269 Cr. |
HDFC Bank Ltd | 7,36,917 Cr. |
Infosys Ltd | 5,99,224 Cr. |
Hindustan Unilever Ltd (HUL) | 5,15,947 Cr. |
The Nifty 50 Index is dominated by the Financial service sector which weights to 39.47% followed by the IT sector which weighs around 15.36% and the IT sector is followed by the Energy sector with sector weight of 14.42%.
Nifty 50 Index is calculated by using a process known as the free float market capitalization-weighted method. Which reflects the total market value of all the stocks in the index relative to a base period value.
Investing is the simplest way to set aside money while you are busy with life and have that money work for you. To invest in Nifty 50 stocks you need to -