NIFTY 50
The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. It is one of the two main stock indices used in India, the other being the BSE SENSEX.
Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. NSE Indices had a marketing and licensing agreement with Standard & Poor's for co-branding equity indices until 2013. The Nifty 50 index was launched on 22 April 1996, and is one of the many stock indices of Nifty.
The NIFTY 50 index has shaped up to be the largest single financial product in India, with an ecosystem consisting of exchange-traded funds, exchange-traded options at NSE, and futures and options abroad at the SGX. NIFTY 50 is the world's most actively traded contract. WFE, IOMA and FIA surveys endorse NSE's leadership position.
The NIFTY 50 index covers 14 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. Between 2008 & 2012, the NIFTY 50 index's share of NSE's market capitalisation fell from 65% to 29% due to the rise of sectoral indices like NIFTY Bank, NIFTY IT, NIFTY Pharma, NIFTY SERV SECTOR, NIFTY Next 50, etc. The NIFTY 50 Index gives a weightage of 39.47% to financial services, 15.31% to Energy, 13.01% to IT, 12.38% to consumer goods, 6.11% to Automobiles and 0% to the agricultural sector.
The NIFTY 50 index is a free float market capitalisation weighted index. The index was initially calculated on a full market capitalisation methodology. On 26 June 2009, the computation was changed to a free-float methodology. The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the National Stock Exchange Equity Market Segment. The base value of the index has been set at 1000 and a base capital of ₹ 2.06 trillion. In February 2019, Britannia Industries entered the Nifty 50 by replacing Hindustan Petroleum Corporation Ltd. HPCL was moved into Nifty Next 50. From 27 September 2019, Nestle India was included in the Nifty 50 index and the Nifty 50 Equal Weight index, it replaced Indiabulls Housing Finance Ltd. From 31 july HDFC LIFE was included in the Nifty 50 index, it replaced vedanta resouce ltd.
Components
List of 50 companies that form part of NIFTY 50 Index as on 20 Jun 2020:02
| Company Name | Symbol | Sector |
| Adani Ports | ADANIPORTS.NS | Infrastructure |
| Asian Paints | ASIANPAINT.NS | Consumer Goods |
| Axis Bank | AXISBANK.NS | Banking |
| Bajaj Auto | BAJAJ-AUTO.NS | Automobile |
| Bajaj Finance | BAJFINANCE.NS | Financial Services |
| Bajaj Finserv | BAJAJFINSV.NS | Financial Services |
| Bharti Airtel | BHARTIARTL.NS | Telecommunication |
| Bharti Infratel | INFRATEL.NS | Telecommunication |
| Bharat Petroleum | BPCL.NS | Energy - Oil & Gas |
| Britannia Industries | BRITANNIA.NS | Consumer Goods |
| Cipla | CIPLA.NS | Pharmaceuticals |
| Coal India | COALINDIA.NS | Energy & Mining |
| Dr. Reddy's Laboratories | DRREDDY.NS | Pharmaceuticals |
| Eicher Motors | EICHERMOT.NS | Automobile |
| GAIL | GAIL.NS | Energy - Oil & Gas |
| Grasim Industries | GRASIM.NS | Cement |
| HCL Technologies | HCLTECH.NS | Information Technology |
| HDFC | HDFC.NS | Financial Services |
| HDFC Bank | HDFCBANK.NS | Banking |
| HDFC Life | HDFCLIFE.NS | Insurance |
| Hero MotoCorp | HEROMOTOCO.NS | Automobile |
| Hindalco Industries | HINDALCO.NS | Metals |
| Hindustan Unilever | HINDUNILVR.NS | Consumer Goods |
| ICICI Bank | ICICIBANK.NS | Banking |
| IndusInd Bank | INDUSINDBK.NS | Banking |
| Infosys | INFY.NS | Information Technology |
| Indian Oil Corporation | IOC.NS | Energy - Oil & Gas |
| ITC Limited | ITC.NS | Consumer Goods |
| JSW Steel | JSWSTEEL.NS | Metals |
| Kotak Mahindra Bank | KOTAKBANK.NS | Banking |
| Larsen & Toubro | LT.NS | Construction |
| Mahindra & Mahindra | M&M.NS | Automobile |
| Maruti Suzuki | MARUTI.NS | Automobile |
| Nestle India | NESTLEIND.NS | Consumer Goods |
| NTPC | NTPC.NS | Energy - Power |
| Oil and Natural Gas Corporation | ONGC.NS | Energy - Oil & Gas |
| Power Grid Corporation of India | POWERGRID.NS | Energy - Power |
| Reliance Industries | RELIANCE.NS | Energy - Oil & Gas |
| State Bank of India | SBIN.NS | Banking |
| Shree Cements | SHREECEM.NS | Cement |
| Sun Pharmaceutical | SUNPHARMA.NS | Pharmaceuticals |
| Tata Motors | TATAMOTORS.NS | Automobile |
| Tata Steel | TATASTEEL.NS | Metals |
| Tata Consultancy Services | TCS.NS | Information Technology |
| Tech Mahindra | TECHM.NS | Information Technology |
| Titan Company | TITAN.NS | Consumer Goods |
| UltraTech Cement | ULTRACEMCO.NS | Cement |
| United Phosphorus Limited | UPL.NS | Chemicals |
| Wipro | WIPRO.NS | Information Technology |
| Zee Entertainment Enterprises | ZEEL.NS | Media & Entertainment |
Major single day falls
Following are some of the notable single-day falls of the NIFTY 50 Index -| Sl. No. | Date | Fall | Reason | - |
| 1 | 28 October 1997 | 8.01% | Investors deserted emerging Asian shares during the Asian Financial Crisis. Crashes also occurred in Thailand, Indonesia, South Korea, Philippines, | - |
| 2 | 21 January 2008 | 10% | Due to the US Subprime Mortgage Crisis. | - |
| 3 | 16 August 2013 | 4.08% | Due to depreciation of the Indian Rupee. | - |
| 4 | 24 August 2015 | 5.92% | Driven by the meltdown in the Chinese Stock market. | - |
| 5 | 24 June 2016 | 181.5 Points | Driven by the Brexit Referendum. | - |
| 6 | 11 November 2016 | 229.45 Points | Driven by the Demonetization move by the Indian Government and the 2016 US Election Results. | - |
| 7 | 2 February 2018 | 256.30 Points | Driven by the 2018 Union budget of India and Global breakdown. | - |
| 8 | 24 September 2018 | 175.55 Points | Panic Fall, wherein in the last trading session there were rumors of Fraud by Housing Loan companies | - |
| 9 | 4 October 2018 | 303.20 Points | Panic Fall, due to Oil price Increase and rupee fall against US Dollar. | - |
| 10 | 5 October 2018 | 282.80 Points | Panic Fall, due to Oil price Increase and rupee fall against US Dollar. | - |
| 11 | 5 July 2019 | 132.80 Points | Due to Union Budget FY 2019 and Global Equity sell-off. | - |
| 12 | 8 July 2019 | 252.55 Points | Due to Union Budget FY 2019. | - |
| 13 | 22 Aug 2019 | 177.35 Points | Due to concerns about slowing Indian economy. | - |
| 14 | 03 Sep 2019 | 246.75 points | Due to Multiple PSU Bank Merger Announcements | - |
| 15 | 17 Sep 2019 | 177.70 points | - | |
| 16 | 1 February 2020 | 373.95 points | Driven by the Union Budget FY 2020 and coronavirus pandemic which saw global breakdown a day before Budget. | |
| 17 | 9 March 2020 | 538.00 points | Driven by the impact of Coronavirus disease 2019 | - |
| 18 | 12 March 2020 | 868.25 points | Driven by the impact of Coronavirus disease 2019 after WHO declared it a Pandemic | - |
| 19 | 16 March 2020 | 757.80 points | Driven by the impact of Coronavirus disease 2019 | - |
| 20 | 23 March 2020 | 1135.20 points | Driven by the impact of Coronavirus disease 2019 | - |
| 21 | 11 June 2020 | 214.15 points | Driven by the weak economic outlook as predicted by the United States Federal Reserve | - |
Major single day gains
Following are some of the notable single-day gains of the NIFTY 50 Index -| Sl. No. | Date | High | Probable Reason |
| 1 | 20 May 2019 | 3.69 % | Exit Polls of 2019 General elections predict clear majority for BJP government. |
| 2 | 23 May 2019 | 2.49 % | Results of the 2019 General Elections in which BJP led NDA alliance wins. |
| 3 | 08 Aug 2019 | 1.63% | FPI surcharge |
| 4 | 26 Aug 2019 | 2.16% | Relief measures, likely US-China trade talks begin. |
| 5 | 20 Sep 2019 | 6.12% | Indian FM announced a cut in the corporate tax rate for domestic companies and new domestic manufacturing |
| 6 | 23 Sep 2019 | 3.73% | Following a corporate tax cut in India |
| 7 | 7 April 2020 | 8.76% | Positive news that infection numbers were peaking in some of the worst affected areas around the world |
Annual Returns
The following table shows the annual development of the NIFTY 50 since 2000.| Year | Closing level | Change in Index in Points | Change in Index in % |
| 2000 | 1,263.55 | ||
| 2001 | 1,059.05 | −204.50 | −13.94 |
| 2002 | 1,093.50 | 34.45 | 3.25 |
| 2003 | 1,879.75 | 786.25 | 71.90 |
| 2004 | 2,080.50 | 200.75 | 10.68 |
| 2005 | 2,836.55 | 756.05 | 36.34 |
| 2006 | 3,966.40 | 1,129.85 | 39.83 |
| 2007 | 6,138.60 | 2,172.20 | 54.77 |
| 2008 | 2,959.15 | −3,179.45 | −51.79 |
| 2009 | 5,201.05 | 2,241.90 | 75.76 |
| 2010 | 6,134.50 | 933.45 | 17.95 |
| 2011 | 4,624.30 | −1,510.20 | −24.62 |
| 2012 | 5,905.10 | 1,280.80 | 27.70 |
| 2013 | 6,304.00 | 398.90 | 6.76 |
| 2014 | 8,282.70 | 1,978.70 | 31.39 |
| 2015 | 7,964.35 | −318.35 | −3.84 |
| 2016 | 8,185.80 | 239.45 | 3.01 |
| 2017 | 10,530.70 | 2,344.90 | 28.65 |
| 2018 | 10,862.55 | 331.85 | 3.15 |
| 2019 | 12,168.45 | 1,305.90 | 12.02 |
Derivatives
Trading in call and put options on the Nifty 50 are offered by the NSE.NIFTY Next 50
NIFTY Next 50, also called NIFTY Junior, is an index of 50 companies whose free float market capitalization comes after that of the companies in NIFTY 50. NIFTY Next 50 constituents are thus potential candidates for future inclusion in NIFTY 50.Nifty Next 50 components as of 27 Jul 2020:
;Components
| Company Name | Symbol | Sector |
| Abbott India | ABBOTINDIA | Pharmaceuticals |
| ACC | ACC | Cement |
| Adani Transmission | ADANITRANS | Energy - Power |
| Ambuja Cements | AMBUJACEM | Cement |
| Aurobindo Pharma | AUROPHARMA | Pharmaceuticals |
| Avenue Supermarts | DMART | Consumer Goods |
| Bajaj Holdings | BAJAJHLDNG | Financial Services |
| Bandhan Bank | BANDHANBNK | Banking |
| Bank of Baroda | BANKBARODA | Banking |
| Berger Paints | BERGEPAINT | Consumer Goods |
| Biocon | BIOCON | Pharmaceuticals |
| Bosch | BOSCHLTD | Automobile |
| Cadila Healthcare | CADILAHC | Pharmaceuticals |
| Colgate-Palmolive | COLPAL | Consumer Goods |
| Container Corporation of India | CONCOR | Services - Transport & Logistics |
| Dabur | DABUR | Consumer Goods |
| Divi's Laboratories | DIVISLAB | Pharmaceuticals |
| DLF | DLF | Construction |
| General Insurance Corporation of India | GICRE | Financial Services |
| Godrej Consumer Products Limited | GODREJCP | Consumer Goods |
| Havells | HAVELLS | Consumer Goods |
| HDFC AMC | HDFCAMC | Financial Services |
| HDFC Standard Life Insurance | HDFCLIFE | Financial Services |
| Hindustan Petroleum | HINDPETRO | Energy - Oil & Gas |
| Hindustan Zinc | HINDZINC | Metals |
| ICICI Lombard General Insurance | ICICIGI | Financial Services |
| ICICI Prudential Life Insurance | ICICIPRULI | Financial Services |
| Indraprastha Gas | IGL | Energy - Oil & Gas |
| Info Edge | NAUKRI | Internet |
| Interglobe Aviation | INDIGO | Services - Transport & Logistics |
| Lupin | LUPIN | Pharmaceuticals |
| Marico | MARICO | Consumer Goods |
| Motherson Sumi Systems | MOTHERSUMI | Automobile |
| Muthoot Finance | MUTHOOTFIN | Financial Services |
| NHPC Limited | NHPC | Energy - Power |
| NMDC | NMDC | Metals |
| Oracle Financial Services Software | OFSS | Information Technology |
| Page Industries | PAGEIND | Textiles |
| Petronet LNG | PETRONET | Energy - Oil & Gas |
| Pidilite Industries | PIDILITIND | Chemicals |
| Piramal Enterprises | PEL | Pharmaceuticals |
| Power Finance Corporation | PFC | Financial Services |
| Procter & Gamble | PGHH | Consumer Goods |
| Punjab National Bank | PNB | Banking |
| SBI Life Insurance Company | SBILIFE | Financial Services |
| Shriram Transport Finance | SRTRANSFIN | Financial Services |
| Siemens | SIEMENS | Industrial Manufacturing |
| Torrent Pharmaceuticals | TORNTPHARM | Pharmaceuticals |
| United Breweries | UBL | Consumer Goods |
| United Spirits | MCDOWELL-N | Consumer Goods |
NIFTY sectoral indices
| Index | Components |
| NIFTY Auto | Amara Raja Batteries, Ashok Leyland, Bajaj Auto, Balkrishna Industries, Bharat Forge, Bosch, Eicher Motors, Exide, Hero Motocorp, Mahindra & Mahindra, Maruti Suzuki, Motherson Sumi Systems, MRF, Tata Motors, TVS Motors |
| NIFTY Bank | Axis Bank, Bandhan Bank, Bank of Baroda, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank, IndusInd Bank, Kotak Mahindra Bank, Punjab National Bank, RBL Bank, State Bank of India |
| NIFTY Consumer Durables | Bata, Blue Star, Crompton Greaves, Dixon Technologies, Havells, Orient Electric, Rajesh Exports, Relaxo, Symphony, Titan Company, TTK Prestige, V-Guard, VIP Industries, Voltas, Whirlpool |
| NIFTY Financial Services | Axis Bank, Bajaj Finance, Bajaj Finserv, Bajaj Holdings, Cholamandalam, HDFC AMC, HDFC, HDFC Bank, HDFC Life, ICICI Bank, ICICI Lombard, ICICI Prudential, Kotak Mahindra Bank, M&M Finance, Piramal Enterprises, Power Finance Corporation, REC, SBI Life Insurance Company, Shriram Transport Finance, State Bank of India |
| NIFTY FMCG | Britannia, Colgate-Palmolive, Dabur, Emami, Godrej Consumer Products, Hindustan Unilever, ITC Limited, Jubilant FoodWorks, Marico, Nestle, Procter & Gamble, Tata Consumer Products, United Breweries, United Spirits, Varun Beverages |
| NIFTY IT | HCL Technologies, Info Edge, Infosys, L&T Infotech, Mindtree, Mphasis, NIIT Technologies, Tata Consultancy Services, Tech Mahindra, Wipro |
| NIFTY Media | DB Corp, Dish TV, Hathway, INOX Leisure, Jagran Prakashan, PVR Cinemas, Sun TV Network, TV Today Network, TV18, Zee Entertainment Enterprises |
| NIFTY Metal | APL Apollo Tubes, Coal India, Hindalco, Hindustan Copper, Hindustan Zinc, Jindal Steel, JSW Steel, MOIL, National Aluminium Company, NMDC, Ratnamani Metals & Tubes, Steel Authority of India, Tata Steel, Vedanta, Welspun Corp |
| NIFTY Oil & Gas | Adani Gas, Aegis Logistics, BPCL, Castrol, GAIL, Gujarat Gas, Gujarat State Petronet, HPCL, Indraprastha Gas, IOC, Mahanagar Gas, Oil India, ONGC, Petronet LNG, Reliance Industries |
| NIFTY Pharma | Alkem Laboratories, Aurobindo Pharma, Biocon, Cadila Healthcare, Cipla, Divis Laboratories, Dr. Reddy's Laboratories, Lupin, Sun Pharmaceutical, Torrent Pharmaceuticals |
| NIFTY Private Bank | Axis Bank, Bandhan Bank, City Union Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank |
| NIFTY PSU Bank | Bank of Baroda, Bank of Maharashtra, Bank of India, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, J&K Bank, Punjab National Bank, State Bank of India, UCO Bank, Union Bank of India |
| NIFTY Realty | Brigade Enterprises, DLF, Godrej Properties, Indiabulls Real Estate, Oberoi Realty, Omaxe, Phoenix Mills, Prestige Group, Sobha Developers, Sunteck |