What is Nifty?
Nifty is an index or an indicator of the performance of the companies listed in national stock exchange situated in delhi. Nifty constitutes of 50 companies and the change in the Nifty index ( Up or down ) indicate the trend in the majority of the stocks.
Nifty is a joint holding of National Stock Exchange ( NSE ) and India Index Services and Products Limited ( IISL ) and Nifty accounts for 70% of total market capitalization.
Other Major Indices
CNX Nifty Junior
S&P CNX 500
CNX Midcap 200
S&P CNX Defty
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I couldn’t understand some parts of this article, but it sounds interesting…
what is NIFTY and how it is defined or calculating in the stock exchange area??
Thats what is explained here in this post.
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Nifty is the main dominant part of stock market?
NSE is located in Mumbai