NIFTY 500

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NIFTY 500/S&P CNX 500
TypeStock market index
LocationMumbai, India
OwnerNational Stock Exchange of India

NIFTY 500 is India’s first broad-based stock market index of the Indian stock market.[1] The NIFTY 500 index represents about 96% of total market capitalization and about 93% of the total turnover on the NSE.[2]

NIFTY 500 companies are disaggregated into 72 industry indices. Industry weights in the index reflect industry weights in the market. For example, if the banking sector has a 5% weight in the universe of stocks traded on the NSE, banking stocks in the index would also have an approximate representation of 5% in the index.

References[]

  1. ^ India, NSE. "NSE NIFTY 500".{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Current Status S&P CNX 500". Indiamart.

See also[]

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