Share market


This query is : Resolved 

17 September 2013 what is nifti

@VaibhavJ (Expert)
17 September 2013 Hi

NIFTY was coined fro the two words ‘National’ and ‘FIFTY’. The word fifty is used because; the index consists of 50 actively traded stocks from various sectors.

Nifty is a stock market index and benchmark index for Indian equity market.

Nifty is owned and managed by India Index Services and Products Ltd.

Thanks

17 September 2013 Coined by bringing the words “National” and “fifty” (50 stocks it comprises of)
The CNX Nifty or the Nifty 50 is a stock market index. This is the benchmark index for the National Stock Exchange. It’s a weighted average of 50 major companies that are listed on the national stock exchange.

17 September 2013 Agree with Experts,

The Nifty is an indicator of all the major companies of the NSE.

Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details