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NIFTY 500: Difference between revisions
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{{Infobox exchange | {{Infobox exchange | ||
|name = NIFTY 500 | |name = NIFTY 500/S&P CNX 500 | ||
|type = [[Stock market index]] | |type = [[Stock market index]] | ||
|city = [[Mumbai]] | |city = [[Mumbai]] | ||
Revision as of 11:02, 29 September 2021
| Type | Stock market index |
|---|---|
| Location | Mumbai, India |
| Owner | National 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
- ↑ India, NSE. "NSE NIFTY 500".
{{cite web}}: CS1 maint: url-status (link) - ↑ "Current Status S&P CNX 500". Indiamart.
See also
 _-_Obverse.jpg){kind=small} | This article related or pertaining to the economy of India is a stub. You can help Wikipedia by expanding it. |