What is nifty 50, Banknifty, Sensex?

Recently updated on April 14th, 2023 at 05:02 pm

The Nifty 50, Bank Nifty, and Sensex are all stock market indices in India.

  • Nifty 50: The Nifty 50 is an index of the 50 largest publicly traded companies in India, as measured by market capitalization. It is considered to be a barometer of the Indian stock market and is widely used as a benchmark for the performance of Indian equities.
  • Bank Nifty: The Bank Nifty is an index of the 12 most liquid and large capitalized banking stocks listed on the National Stock Exchange (NSE) of India. It is designed to measure the performance of the banking sector in the Indian stock market.
  • Sensex: The Sensex, also known as the BSE 30, is an index of the 30 largest publicly traded companies listed on the Bombay Stock Exchange (BSE) in India. It is considered to be the oldest stock market index in India and is widely used as a benchmark for the performance of Indian equities.

These indices are calculated based on the market capitalization of the companies that are included in them. The market capitalization is calculated by multiplying the number of shares outstanding by the current market price of each share. The value of these indices changes on a daily basis as the prices of the stocks included in them change.

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