Nifty comprises of 50 companies that are traded on NSE. Nifty is derived from the termNational Stock Exchange andFifty a Sensex and NIFTY 50 are computed based on free-float methodology i.e. based on the number of shares in active circulation at any point in time. The NIFTY 50 Index rep...
If you wonder the emergence of the word Nifty, it is a composite of the words “National” and “Fifty”.An index of 50 companies, which are well established and financially sound, is piled up by NSE which then goes on, to derive the performance as a whole. This is the reason why,...