The Nifty 50, also known as the Nifty, is a stock market index that represents the performance of the National Stock Exchange of India (NSE), one of the largest stock exchanges in India. The Nifty is calculated based on the market capitalization of 50 large and actively traded stocks listed on the NSE. The stocks included in the Nifty are selected based on their liquidity, trading volume, and industry representation.
The Nifty is considered a benchmark for the Indian stock market and is widely followed by investors, analysts, and the media. It is updated in real-time during trading hours and is often used as a gauge of the overall health of the Indian economy.
The Nifty was introduced in 1996 and has since become a widely recognized and influential index in India. It is often used as a benchmark for index funds and mutual funds that track the performance of the Indian stock market.
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