Share market

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soheb rathod

soheb rathod (Querist)
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17 September 2013 what is nifti

@VaibhavJ

@VaibhavJ (Expert)
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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.

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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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.

CA Pallav Singhania

CA Pallav Singhania (Expert)
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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.

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