NIFTY 50: What it means and the companies covered under this index

Owned and managed by NSE, NIFTY 50 is the representative index on NSE (National Stock Exchange of India). NSE was formerly known as India Index Services & Products Limited (IISL), and it is the first-ever firm founded in the country to focus exclusively on index as the main product.

NIFTY 50 indexes was launched in April 1996. This index comprises 50 enterprises from among the 1600 companies that are listed on the NSE. By capturing about 65% of the market capitalization (float-adjusted), NIFTY 50 is the characteristic reflection of the country’s stock market.

In fact, renowned investors like Warren Buffett recommend index funds as the most advocated medium for investments for retail investors.

The position of NIFTY 50 members in the Indian stock market domain

In the world of investments, NIFTY 50 is no more the most popular large capital companies of the bygone days. This name today stands for the stock index on the National Stock Exchange of India (NSE).

Today, the NIFTY 50 index is diversified across 13 sectors of the nation’s Indian economy including automobiles, cement and cement products, construction, consumer goods, fertilizers and pesticides, financial services, information technology, media and entertainment, metals, oil and gas, pharmaceuticals, power, and telecommunications.

NIFTY 50 comprises 50 large capital stocks that are traded with the highest valuations in the Indian stock market domain.

List of Nifty 50 companies

Here is the full list of Nifty 50 companies as per the latest data.