NIFTY 500

2021-09-29T05:32:30Z

2409:4043:791:9E8E:6418:5664:63E7:66D4:

{{Use dmy dates|date=July 2019}}{{Use Indian English|date=July 2020}}

{{Infobox exchange
|name = NIFTY 500/S&P CNX 500
|type = [[Stock market index]]
|city = [[Mumbai]]
|country = [[India]]
|owner = [[National Stock Exchange of India]]
}}
'''NIFTY 500''' is [[India]]’s first broad-based [[stock market index]] of the Indian stock market.<ref>{{Cite web|last=India|first=NSE|date=|title=NSE NIFTY 500|url=https://www1.nseindia.com/products/content/equities/indices/nifty_500.htm|url-status=live|archive-url=|archive-date=|access-date=|website=}}</ref> The NIFTY 500 index represents about 96% of total market capitalization and about 93% of the total turnover on the [[National Stock Exchange of India|NSE]].<ref>{{cite web|url=http://finance.indiamart.com/markets/nse/sp_cnx_500.html |title= Current Status S&P CNX 500|publisher=Indiamart}}</ref>

NIFTY 500 companies are disaggregated into 72 [[Industry (economics)|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 [[National Stock Exchange of India|NSE]], banking stocks in the index would also have an approximate representation of 5% in the index.

==References==
{{Reflist}}

==See also==
* [[NIFTY 50]]
* [[BSE SENSEX]]

{{DEFAULTSORT:SandP Cnx 500}}
[[Category:S&P Dow Jones Indices]]
[[Category:Indian stock market indices]]
[[Category:Year of establishment missing]]

{{Stock Market Indices}}{{India-econ-stub}}

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NIFTY 500