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{{Short description|Indian stock market index}}
The '''CNX Nifty''', also called the '''Nifty 50''' or simply the '''Nifty''', is a [[stock market index]] and benchmark index for Indian equity market.
{{For-multi|the informal 1960s US stock market designation|Nifty Fifty}}
Nifty is owned and managed by [[India Index Services and Products|India Index Services and Products Ltd.]] ([[India Index Services and Products|IISL]]), which is a joint venture between [[National Stock Exchange of India|NSE]] and [[CRISIL]] (Credit Rating and Information Services of India Ltd). [[India Index Services and Products|IISL]] is India's first specialized company focused upon the index as a core product. [[India Index Services and Products|IISL]] has a marketing and licensing agreement with [[Standard & Poor's]] for co-branding equity indices. 'CNX' in its name stands for 'CRISIL NSE Index'.
{{Use Indian English|date=September 2020}}
{{Use dmy dates|date=September 2020}}
{{Infobox financial index
| name = NIFTY 50
| logo =[[File:Nifty 50 Logo.svg|220px]]
| image = NIFTY 50 Returns Graph.png
| caption = Performance of the NIFTY 50 index between 1990 and 2024
| foundation = {{start date and age|df=yes|p=y|22 April 1996}}
| operator = [[NSE Indices]]
| exchanges = [[National Stock Exchange of India]]
| symbol = ^NSEI
| constituents = 50
| cap_level = [[Large cap]]
| mcap =
| weighting = [[Capitalization-weighted index|Free-float capitalization-weighted]]
| related = [[NIFTY Next 50]]{{br}}[[NIFTY 500]]
| homepage = {{URL|https://www.niftyindices.com/indices/equity/broad-based-indices/NIFTY--50}}
| bloomberg =
}}


The ''' NIFTY 50''' is an Indian [[stock market index]] that represents the [[Capitalization-weighted index#Free-float weighting|float-weighted]] average of 50 of the largest Indian companies listed on the [[National Stock Exchange of India|National Stock Exchange]].<ref name=":4">{{cite web |title=NSE Indices |url=https://archives.nseindia.com/content/indices/ind_nifty50.pdf |url-status=live |archive-url=https://web.archive.org/web/20240412191903/https://archives.nseindia.com/content/indices/ind_nifty50.pdf |archive-date=2024-04-12 |access-date=2024-04-13 |website=[[National Stock Exchange of India]]}}</ref><ref name="nse">{{cite web |title=Broadmarket indices – NIFTY 50 Index |url=https://nseindia.com/products/content/equities/indices/nifty_50.htm |url-status=live |archive-url=https://web.archive.org/web/20190421182544/https://www.nseindia.com/products/content/equities/indices/nifty_50.htm |archive-date=21 April 2019 |access-date=2023-03-04 |website=[[National Stock Exchange of India]] |publisher=}}</ref> Nifty 50 is owned and managed by [[NSE Indices]], which is a wholly owned subsidiary of the [[National Stock Exchange of India]].<ref>{{cite web |title=Corporate structure |url=https://www.nseindia.com/structure-key-personnel/corporate-structure |url-status=live |archive-url=https://web.archive.org/web/20200725150256/https://www.nseindia.com/structure-key-personnel/corporate-structure |archive-date=2020-07-25 |access-date=2020-06-25 |website=[[National Stock Exchange of India]]}}</ref><ref name=":0">{{cite web |title=About NSE Indices |url=https://www.nseindia.com/nse-indices |url-status=live |archive-url=https://web.archive.org/web/20200113084405/https://www.nseindia.com/nse-indices |archive-date=2020-01-13 |access-date=2024-07-08 |website=[[National Stock Exchange of India]]}}</ref> The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1000 as its base value.<ref name=":4" /><ref>{{Cite web |date=2017-07-25 |title=Nifty's journey from 1,000 to 10,000: Brief history and major milestones |url=https://www.financialexpress.com/market/nifty-10000-today-update-sensex-market-history-milestones-25-july-2017-778089/ |access-date=2024-11-09 |website=Financialexpress |language=en}}</ref><ref name=":5">{{Cite web |title=Nifty Indices |url=https://www.niftyindices.com/indices/equity/broad-based-indices/NIFTY--50}}</ref>
CNX Nifty has shaped up as a largest single financial product in India, with an ecosystem comprising: exchange traded funds (onshore and offshore), exchange-traded futures and options (at [[National Stock Exchange of India|NSE]] in [[India]] and at [[SGX]] and [[CME]] abroad), other index funds and OTC derivatives (mostly offshore).


The NIFTY 50 index ecosystem consists of [[index funds]] (both onshore and offshore [[mutual funds]] and [[exchange-traded fund|ETF]]s), and [[Derivative (finance)|futures and options]] at [[National Stock Exchange of India|NSE]] and NSE International Exchange (through [[GIFT Nifty]]).<ref>{{cite web |title=NSE Equity Derivatives Contract Specifications |url=https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |url-status=live |archive-url=https://web.archive.org/web/20190816215703/https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |archive-date=2019-08-16 |access-date=2019-08-16 |website=[[National Stock Exchange of India]]}}</ref><ref name=":1">{{Cite web |last=Taparia |first=Vidhi |date=2023-07-10 |title=What is 'GIFT Nifty' — the new avatar of the India-Singapore joint stock exchange, now in Gujarat |url=https://theprint.in/theprint-essential/what-is-gift-nifty-the-new-avatar-of-the-india-singapore-joint-stock-exchange-now-in-gujarat/1660722/ |url-status=live |archive-url=https://web.archive.org/web/20230904153909/https://theprint.in/theprint-essential/what-is-gift-nifty-the-new-avatar-of-the-india-singapore-joint-stock-exchange-now-in-gujarat/1660722/ |archive-date=2023-09-04 |access-date=2024-04-12 |website=[[ThePrint]] |language=en-US}}</ref> In 2016, NIFTY 50 was reported by the [[World Federation of Exchanges|WFE]] and [[Futures Industry Association|FIA]] as the world's most actively traded index [[Option (finance)|options contract]], but it was later overtaken by Nifty Bank.<ref>{{cite journal |author1=Sudhin |first=Serah |date=September 2017 |title=The Journey of Nifty-Fifty |url=http://www.academicjournal.in/download/691/2-5-63-604.pdf |url-status=dead |journal=International Journal of Academic Research and Development |volume=2 |issue=5 |page=4 |issn=2455-4197 |archive-url=https://web.archive.org/web/20210107231956/http://www.academicjournal.in/download/691/2-5-63-604.pdf |archive-date=2021-01-07 |access-date=2021-01-06}}</ref><ref>{{cite news |title=Nifty Options most actively traded globally for index options in 2015 |url=https://www.businesstoday.in/markets/stocks/story/nifty-options-most-traded-globally-for-index-options-in-2015-62697-2016-05-13 |access-date=13 August 2024 |work=Business Today |date=13 May 2016 |language=en}}</ref><ref>{{cite news |last1=Raj |first1=Shubham |title=NSE largest derivatives exchange for 3rd year, Nifty Bank most traded index option |url=https://economictimes.indiatimes.com/markets/stocks/news/nse-largest-derivatives-exchange-for-3rd-year-nifty-bank-most-traded-index-option/articleshow/88994125.cms |access-date=13 August 2024 |work=The Economic Times |date=19 January 2022}}</ref> But after NIFTY Bank weekly expiries were removed,<ref name=":6">{{Cite news |date=2024-11-14 |title=NSE discontinues weekly expiries for Bank Nifty |url=https://economictimes.indiatimes.com/markets/options/nse-discontinues-weekly-expiries-for-bank-nifty/articleshow/115273902.cms?from=mdr |access-date=2024-12-10 |work=The Economic Times |issn=0013-0389}}</ref> NIFTY 50 became the world's most actively traded [[Option contract|options contract.]]<ref>{{Cite news |title=NSE volumes |url=https://www.moneycontrol.com/news/business/markets/new-f-o-rules-option-trading-volumes-plunge-across-indices-stocks-12886482.html}}</ref>
The CNX Nifty covers 22 sectors of the [[Indian economy]] and offers investment managers exposure to the Indian market in one portfolio. During 2008-12, CNX Nifty 50 Index share of NSE market capitalisation fell from 65% to 29%<ref>[http://www.sebi.gov.in/cms/sebi_data/attachdocs/1378192045802.pdf CNX Nifty loses importance to sectoral indices]</ref> due to the rise of sectoral indices like CNX Bank, CNX IT, CNX Mid Cap, etc. The CNX Nifty 50 Index gives 29.70% weightage to financial services, 0.73% weightage to industrial manufacturing and nil weightage to agricultural sector.<ref>[http://www.nseindia.com/content/indices/ind_cnx_nifty.pdf Sectoral weightage of CNX Nifty 50 Index]</ref>


The NIFTY 50 index covers 13 sectors of the [[Indian economy]] and offers investment managers exposure to the Indian market in one portfolio. As of July 2024, NIFTY 50 gives a weightage of 32.76% to [[NBFC and MFI in India|financial services]] including [[Banking in India|banking]], 13.76% to [[Information technology in India|information technology]], 12.12% to [[Oil and gas industry in India|oil and gas]], 8.46% to [[FMCG in India|consumer goods]], and 8.22% to [[Automotive industry in India|automotive]].<ref name=":4" />
The CNX Nifty index is a free float market capitalisation weighted index. The index was initially calculated on full market capitalisation methodology. From June 26, 2009, the computation was changed to free float methodology.
The base period for the CNX Nifty index is November 3, 1995, which marked the completion of one year of operations of [[National Stock Exchital Market Segment]]. The base value of the index has been set at 1000, and a base capital of Rs 2.06 trillion.<ref>[http://www.nseindia.com/content/indices/nifty_freefloat_method.pdf CNX Nifty Index Methodology]</ref>
The CNX Nifty Index was developed by Ajay Shah and Susan Thomas.
The CNX Nifty currently consists of the following 50 major Indian companies:<ref name="MPR">[http://www.nseindia.com/content/indices/ind_niftylist.csv ''CNX Nifty'']. CNX Nifty. Retrieved February 14, 2012.</ref>


Total assets under management of passive funds (ETFs and index funds) in India tracking Nifty indices reached Rs 7.8 lakh crores, accounting for 73% of equity and debt passive funds’ AUM of Rs 10.7 lakh crores in India as of September 30, 2024. There are 343 passive products tracking Nifty index in India as of September 30, 2024. There are 30 ETFs and index funds and 2 ETNs tracking Nifty indices in international markets with a total AUM of ~US $5 billion as of September 30, 2024.<ref>{{Cite web |title= |url=https://nsearchives.nseindia.com/web/sites/default/files/inline-files/Transcript_Nov_5_V5.pdf}}</ref><ref name=":5" />
Here is the list of 50 companies that form part of CNX Nifty Index as on 1 April 2013:


==Methodology==
{| class="wikitable sortable"
The NIFTY 50 index is a [[Capitalization-weighted index|free float market capitalisation-weighted index]].

Stocks are added to the index based on the following criteria:<ref name=":4" />

# Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
# The company should have a listing history of 6 months.
# Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index.
# The company should have a minimum listing history of 1 month as on the cutoff date

The index was initially calculated on a full market capitalization methodology. On 26 June 2009, the computation was changed to a free-float methodology.<ref>{{Cite news |date=2009-03-25 |title=Free float m-cap to decide Nifty value |url=https://economictimes.indiatimes.com/free-float-m-cap-to-decide-nifty-value/articleshow/4311871.cms |url-status=live |archive-url=https://web.archive.org/web/20240412192946/https://economictimes.indiatimes.com/free-float-m-cap-to-decide-nifty-value/articleshow/4311871.cms |archive-date=2024-04-12 |access-date=2024-04-12 |work=[[The Economic Times]] |issn=0013-0389}}</ref> The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the equity market segment on NSE. The base value of the index has been set at 1000 and a base capital of ₹ 2.06&nbsp;trillion.<ref name=":4" /><ref>{{cite web|url=https://www.nseindia.com/products/content/equities/indices/indices.htm|title=NSE – National Stock Exchange of India Ltd.|website=Nseindia.com|access-date=18 May 2016|archive-date=1 July 2022|archive-url=https://web.archive.org/web/20220701145358/https://www1.nseindia.com/products/content/equities/indices/indices.htm|url-status=live}}</ref>

The index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 every year and average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.<ref name=":4" />

==Constituents==
The Nifty 50 has the following constituents, as of 30 September 2024 (largest ten by weight in bold).
{| class="wikitable sortable" id="constituents"
! Company name
! Symbol
! Sector<ref>{{Cite web |title=Index Constituent - Nifty 50 |url=https://www.niftyindices.com/IndexConstituent/ind_nifty50list.csv |url-status=live |archive-url=https://web.archive.org/web/20240524073805/https://www.niftyindices.com/IndexConstituent/ind_nifty50list.csv |archive-date=2024-05-24 |access-date=2024-07-01 |website=[[NSE Indices]]}}</ref>
!Date added<ref>{{cite web |title=Index Inclusion Exclusion |url=https://www.niftyindices.com/Monthly_Report/IndexInclExcl.xls |url-status=live |archive-url=https://web.archive.org/web/20240609183107/https://www.niftyindices.com/Monthly_Report/IndexInclExcl.xls |archive-date=2024-06-09 |access-date=2024-02-15 |website=[[NSE Indices]]}}</ref>
|-
|-
| [[Adani Enterprises]]
! S.No. !! Company Name
| ADANIENT
| Metals & Mining
| 30 September 2022
|-
|-
| [[Adani Ports & SEZ]]
| 01 || Acc Ltd
| ADANIPORTS
| Services
| 28 September 2015
|-
|-
| [[Apollo Hospitals]]
| 02 || Ambuja Cements Ltd.
| APOLLOHOSP
| Healthcare
| 31 March 2022
|-
|-
| 03 || Asian Paints Ltd.
| [[Asian Paints]]
| ASIANPAINT
| Consumer Durables
| 27 April 2012{{efn|also 18 September 1996 to 28 October 2002}}
|-
|-
| 04 || Axis Bank Ltd.
| '''[[Axis Bank]]'''
| AXISBANK
| Financial Services
| 27 March 2009
|-
|-
| 05 || Bajaj Auto Ltd.
| [[Bajaj Auto]]
| BAJAJ-AUTO
| Automobile and Auto Components
| 1 October 2010{{efn|also 22 April 1996 to 14 March 2008}}
|-
|-
| [[Bajaj Finance]]
| 06 || Bank of Baroda
| BAJFINANCE
| Financial Services
| 29 September 2017
|-
|-
| [[Bajaj Finserv]]
| 07 || Bharat Heavy Electricals Ltd.
| BAJAJFINSV
| Financial Services
| 2 April 2018
|-
|-
| 08 || Bharat Petroleum Corporation Ltd.
| [[Bharat Electronics]]
| BEL
| Capital Goods
| 30 September 2024
|-
|-
| [[Bharat Petroleum]]
| 09 || Bharti Airtel Ltd.
| BPCL
| Oil, Gas & Consumable Fuels
| 28 October 2002{{efn|also 24 December 1997 to 7 October 1998}}
|-
|-
| [[Bharti Airtel]]
| 10 || Cairn India Ltd.
| BHARTIARTL
| Telecommunication
| 1 March 2004
|-
|-
| [[Britannia Industries]]
| 11 || Cipla Ltd.
| BRITANNIA
| Fast Moving Consumer Goods
| 29 March 2019{{efn|also 8 September 1999 to 10 December 2004}}
|-
|-
| [[Cipla]]
| 12 || Coal India Ltd.
| CIPLA
| Healthcare
| 7 October 1998
|-
|-
| [[Coal India]]
| 13 || DLF Ltd.
| COALINDIA
| Oil, Gas & Consumable Fuels
| 10 October 2011
|-
|-
| 14 || Dr. Reddy's Laboratories Ltd.
| [[Dr. Reddy's Laboratories]]
| DRREDDY
| Healthcare
| 1 October 2010{{efn|also 22 April 1996 to 14 May 1997 and 26 May 1999 to 10 September 2008}}
|-
|-
| [[Eicher Motors]]
| 15 || GAIL (India) Ltd.
| EICHERMOT
| Automobile and Auto Components
| 1 April 2016
|-
|-
| 16 || Grasim Industries Ltd.
| [[Grasim Industries]]
| GRASIM
| Construction Materials
| 2 April 2018{{efn|also 22 April 1996 to 8 April 2010 and 25 March 2011 to 26 May 2017}}
|-
|-
| [[HCLTech]]
| 17 || HCL Technologies Ltd.
| HCLTECH
| Information Technology
| 28 October 2002
|-
|-
| 18 || HDFC Bank Ltd.
| '''[[HDFC Bank]]'''
| HDFCBANK
| Financial Services
| 22 April 1996
|-
|-
| [[HDFC Life]]
| 19 || Hero MotoCorp Ltd.
| HDFCLIFE
| Financial Services
| 31 July 2020
|-
|-
| [[Hero MotoCorp]]
| 20 || Hindalco Industries Ltd.
| HEROMOTOCO
| Automobile and Auto Components
| 7 October 1998{{efn|also 22 April 1996 to 18 September 1996}}
|-
|-
| [[Hindalco Industries]]
| 21 || Hindustan Unilever Ltd.
| HINDALCO
| Metals & Mining
| 22 April 1996
|-
|-
| '''[[Hindustan Unilever]]'''
| 22 || Housing Development Finance Corporation Ltd.
| HINDUNILVR
| Fast Moving Consumer Goods
| 22 April 1996
|-
|-
| '''[[ICICI Bank]]'''
| 23 || I T C Ltd.
| ICICIBANK
| Financial Services
| 25 January 2002
|-
|-
| 24 || ICICI Bank Ltd.
| [[IndusInd Bank]]
| INDUSINDBK
| Financial Services
| 1 April 2013
|-
|-
| 25 || Infosys Ltd.
| '''[[Infosys]]'''
| INFY
| Information Technology
| 7 October 1998
|-
|-
| '''[[ITC Limited|ITC]]'''
| 26 || Infrastructure Development Finance Co. Ltd.
| ITC
| Fast Moving Consumer Goods
| 22 April 1996
|-
|-
| [[JSW Steel]]
| 27 || Jaiprakash Associates Ltd.
| JSWSTEEL
| Metals & Mining
| 28 September 2018
|-
|-
| '''[[Kotak Mahindra Bank]]'''
| 28 || Jindal Steel & Power Ltd.
| KOTAKBANK
| Financial Services
| 8 April 2010
|-
|-
| '''[[Larsen & Toubro]]'''
| 29 || Kotak Mahindra Bank Ltd.
| LT
| Construction
| 10 December 2004{{efn|also 22 April 1996 to 24 May 2004}}
|-
|-
| [[Mahindra & Mahindra]]
| 30 || Larsen & Toubro Ltd.
| M&M
| Automobile and Auto Components
| 18 September 1996
|-
|-
| [[Maruti Suzuki]]
| 31 || Lupin Ltd.
| MARUTI
| Automobile and Auto Components
| 1 March 2004
|-
|-
| [[Nestlé India]]
| 32 || Mahindra & Mahindra Ltd.
| NESTLEIND
| Fast Moving Consumer Goods
| 27 September 2019{{efn|also 18 September 1996 to 4 August 2003}}
|-
|-
| [[NTPC Limited|NTPC]]
| 33 || Maruti Suzuki India Ltd.
| NTPC
| Power
| 24 September 2007
|-
|-
| [[Oil and Natural Gas Corporation]]
| 34 || NTPC Ltd.
| ONGC
| Oil, Gas & Consumable Fuels
| 12 April 2004
|-
|-
| [[PowerGrid Corporation of India|Power Grid]]
| 35 || Oil & Natural Gas Corporation Ltd.
| POWERGRID
| Power
| 14 March 2008
|-
|-
| '''[[Reliance Industries]]'''
| 36 || Power Grid Corporation of India Ltd.
| RELIANCE
| Oil, Gas & Consumable Fuels
| 22 April 1996
|-
|-
| [[SBI Life Insurance Company]]
| 37 || Punjab National Bank
| SBILIFE
| Financial Services
| 25 September 2020
|-
|-
| [[Shriram Finance]]
| 38 || Ranbaxy Laboratories Ltd.
| SHRIRAMFIN
| Financial Services
| 28 March 2024
|-
|-
| [[State Bank of India]]
| 39 || Reliance Industries Ltd.
| SBIN
| Financial Services
| 22 April 1996
|-
|-
| [[Sun Pharma]]
| 40 || Reliance Infrastructure Ltd.
| SUNPHARMA
| Healthcare
| 17 January 2002
|-
|-
| '''[[Tata Consultancy Services]]'''
| 41 || Sesa Goa Ltd.
| TCS
| Information Technology
| 25 February 2005
|-
|-
| [[Tata Consumer Products]]
| 42 || NMDC
| TATACONSUM
| Fast Moving Consumer Goods
| 31 March 2021{{efn|also 22 April 1996 to 1 September 2006}}
|-
|-
| [[Tata Motors]]
| 43 || State Bank of India
|TATAMOTORS
| Automobile and Auto Components
| 22 April 1996
|-
|-
| [[Tata Steel]]
| 44 || Sun Pharmaceutical Industries Ltd.
|TATASTEEL
| Metals & Mining
| 22 April 1996
|-
|-
| [[Tech Mahindra]]
| 45 || Tata Consultancy Services Ltd.
| TECHM
| Information Technology
| 28 March 2014
|-
|-
| [[Titan Company]]
| 46 || Tata Motors Ltd.
| TITAN
| Consumer Durables
| 2 April 2018
|-
|-
| [[Trent Limited|Trent]]
| 47 || Tata Power Co. Ltd.
| TRENT
| Consumer Services
| 30 September 2024
|-
|-
| [[UltraTech Cement]]
| 48 || Tata Steel Ltd.
| ULTRACEMCO
| Construction Materials
| 28 September 2012
|-
|-
| [[Wipro]]
| 49 || UltraTech Cement Ltd.
| WIPRO
| Information Technology
| 27 September 2013{{efn|also 17 January 2002 to 1 April 2013}}
|-
|-
| 50 || Indusind Bank
|}
|}


==Major falls==
==Index changes==
Changes in index constituents since Nifty 50 adopted [[free float]] criteria in 2009:
On the following dates, the CNX NIFTY index suffered major single-day falls (of 150 or more points)
{| class="wikitable sortable" id="constituents" style="font-size:90%"
# 16 Aug 2013 --- 234.45 Points(because of rupee depreciation) <ref>http://ibnlive.in.com/news/sensex-crashes-769-points-nifty-234-points-down/414676-7.html</ref>
|-
# 27 Aug 2013 --- 189.05 Points <ref> http://www.thehindubusinessline.com/markets/sensex-crashes-590-points-on-heavy-fii-selling/article5064005.ece </ref>
! Constituent excluded !!Constituent included
# 03 Sep Aug 2013 --- 209.30 Points
!Date of replacement !!Reason for exclusion
!Ref
|-
|[[Grasim Industries]]
|[[Kotak Mahindra Bank]]
|8 April 2010
| Demerger
|<ref>{{cite news |last=Bhayani |first=Rajesh |date=2013-01-21 |title=Nifty, Sensex a long way from truly representing the economy |url=https://www.business-standard.com/article/markets/nifty-sensex-a-long-way-from-truly-representing-the-economy-110041400036_1.html |url-status=live |archive-url=https://web.archive.org/web/20240224134057/https://www.business-standard.com/article/markets/nifty-sensex-a-long-way-from-truly-representing-the-economy-110041400036_1.html |archive-date=2024-02-24 |access-date=2024-02-13 |work=[[Business Standard]]}}</ref>
|-
|[[ABB|ABB India]]
|[[Bajaj Auto]]
| rowspan="3" |1 October 2010
| rowspan="10" | Inadequate market capitalization
| rowspan="3" |<ref>{{cite news |date=2010-09-30 |title=Nifty-50 to include Sesa Goa, Bajaj Auto, Dr Reddy's from Oct 1 |url=https://www.business-standard.com/article/economy-policy/nifty-50-to-include-sesa-goa-bajaj-auto-dr-reddy-s-from-oct-1-110093000206_1.html |url-status=live |archive-url=https://web.archive.org/web/20211221102618/https://www.business-standard.com/article/economy-policy/nifty-50-to-include-sesa-goa-bajaj-auto-dr-reddy-s-from-oct-1-110093000206_1.html |archive-date=2021-12-21 |access-date=2021-12-21 |work=[[Business Standard]]}}</ref>
|-
|[[Idea Cellular]]
|[[Dr. Reddy's Laboratories]]
|-
|[[Unitech Group|Unitech]]
|[[Sesa Goa]]
|-
|[[Suzlon]]
|[[Grasim Industries]]
|25 March 2011
|<ref>{{cite news |date=2011-02-10 |title=Grasim replaces Suzlon in Nifty |url=https://www.thehindubusinessline.com/markets/stock-markets/Grasim-replaces-Suzlon-in-Nifty/article20093044.ece |url-status=live |archive-url=https://web.archive.org/web/20211221102617/https://www.thehindubusinessline.com/markets/stock-markets/Grasim-replaces-Suzlon-in-Nifty/article20093044.ece |archive-date=2021-12-21 |access-date=2021-12-22 |work=[[Business Line]] |language=en}}</ref>
|-
|[[Reliance Capital]]
|[[Coal India]]
|10 October 2011
|<ref>{{cite news |date=2011-08-25 |title=Coal India to replace Reliance Capital stock in Nifty 50 from Oct 10 |url=https://economictimes.indiatimes.com/markets/stocks/news/coal-india-to-replace-reliance-capital-stock-in-nifty-50-from-oct-10/articleshow/9737210.cms |url-status=live |archive-url=https://web.archive.org/web/20211221060557/https://economictimes.indiatimes.com/markets/stocks/news/coal-india-to-replace-reliance-capital-stock-in-nifty-50-from-oct-10/articleshow/9737210.cms |archive-date=2021-12-21 |access-date=2021-12-21 |work=[[The Economic Times]]}}</ref>
|-
|[[Reliance Communications]]
|[[Asian Paints]]
| rowspan="2" |27 April 2012
| rowspan="2" |<ref>{{cite news |date=2017-11-14 |title=RCom, RPower to go out of Nifty-50 from April 27 |url=https://www.thehindubusinessline.com/markets/stock-markets/RCom-RPower-to-go-out-of-Nifty-50-from-April-27/article20408576.ece |url-status=live |archive-url=https://web.archive.org/web/20240609183101/https://www.thehindubusinessline.com/markets/stock-markets/RCom-RPower-to-go-out-of-Nifty-50-from-April-27/article20408576.ece |archive-date=2024-06-09 |access-date=2021-12-21 |work=[[Business Line]] |language=en}}</ref>
|-
|[[Reliance Power]]
|[[Bank of Baroda]]
|-
|[[Steel Authority of India]]
|[[Lupin Limited|Lupin]]
| rowspan="2" |28 September 2012
| rowspan="2" |<ref>{{cite news |date=2012-09-27 |title=SAIL, Sterlite make way for UltraTech, Lupin on Nifty |url=https://www.hindustantimes.com/business/sail-sterlite-make-way-for-ultratech-lupin-on-nifty/story-4D5OeIPcwEZiOqdaqFGWfP.html |url-status=live |archive-url=https://web.archive.org/web/20211221055230/https://www.hindustantimes.com/business/sail-sterlite-make-way-for-ultratech-lupin-on-nifty/story-4D5OeIPcwEZiOqdaqFGWfP.html |archive-date=2021-12-21 |access-date=2021-12-21 |work=[[Hindustan Times]] |language=en}}</ref>
|-
|[[Sterlite Copper|Sterlite Industries]]
|[[UltraTech Cement]]
|-
|[[Siemens]]
|[[IndusInd Bank]]
| rowspan="2" |1 April 2013
| rowspan="2" |<ref>{{cite news |last1=Shah |first1=Ami |date=2013-02-14 |title=Wipro, Siemens to be excluded from Nifty from 1 April |url=https://www.livemint.com/Money/ZDerOoTnc1lSYIVcoHMsDN/Wipro-Siemens-shares-fall-after-removal-from-NSE-index.html |url-status=live |archive-url=https://web.archive.org/web/20240224134057/https://www.livemint.com/Money/ZDerOoTnc1lSYIVcoHMsDN/Wipro-Siemens-shares-fall-after-removal-from-NSE-index.html |archive-date=2024-02-24 |access-date=2024-01-27 |work=[[Mint (newspaper)|Mint]] |language=en}}</ref>
|-
|[[Wipro]]
|[[National Mineral Development Corporation|NMDC]]
|Demerger
|-
|[[Reliance Infrastructure]]
|[[Wipro]]
|27 September 2013
| rowspan="3" | Inadequate market capitalization
|<ref>{{cite news |date=2013-08-27 |title=Wipro to enter Nifty from September 27; Reliance Infrastructure to exit |url=https://economictimes.indiatimes.com/markets/stocks/news/wipro-to-enter-nifty-from-september-27-reliance-infrastructure-to-exit/articleshow/22100423.cms |url-status=live |archive-url=https://web.archive.org/web/20211221054006/https://economictimes.indiatimes.com/markets/stocks/news/wipro-to-enter-nifty-from-september-27-reliance-infrastructure-to-exit/articleshow/22100423.cms |archive-date=2021-12-21 |access-date=2021-12-21 |work=[[The Economic Times]]}}</ref>
|-
|[[Jaypee Group|JP Associates]]
|[[Tech Mahindra]]
| rowspan="2" |28 March 2014
| rowspan="2" |<ref>{{cite news |date=2014-02-27 |title=Ranbaxy, JP Associates to exit Nifty from Mar 28 |url=https://www.business-standard.com/article/pti-stories/ranbaxy-jp-associates-to-exit-nifty-from-mar-28-114022700872_1.html |url-status=live |archive-url=https://web.archive.org/web/20211221071918/https://www.business-standard.com/article/pti-stories/ranbaxy-jp-associates-to-exit-nifty-from-mar-28-114022700872_1.html |archive-date=2021-12-21 |access-date=2021-12-21 |work=[[Business Standard]]}}</ref>
|-
|[[Ranbaxy Laboratories]]
|[[United Spirits]]
|-
|[[United Spirits]]
|[[Zee Entertainment Enterprises]]
|19 September 2014
| Exclusion from F&O segment
|<ref name="autogenerated1">{{cite news |date=2014-08-20 |title=Zee Entertainment to Replace United Spirits in Nifty From September 19 |url=https://www.ndtv.com/business/zee-entertainment-to-replace-united-spirits-in-nifty-from-september-19-651117 |url-status=live |archive-url=https://web.archive.org/web/20211220144030/https://www.ndtv.com/business/zee-entertainment-to-replace-united-spirits-in-nifty-from-september-19-651117 |archive-date=2021-12-20 |access-date=2021-12-20 |work=[[NDTV]]}}</ref>
|-
|[[DLF (company)|DLF]]
|[[Idea Cellular]]
| rowspan="2" |27 March 2015
| rowspan="2" | Inadequate market capitalization
| rowspan="2" |<ref name="indiatimes1">{{cite news |date=2015-02-23 |title=DLF, JSPL shares fall on exit from Nifty from March 27 |url=https://economictimes.indiatimes.com/markets/stocks/news/dlf-jspl-shares-fall-on-exit-from-nifty-from-march-27/articleshow/46344723.cms |url-status=live |archive-url=https://web.archive.org/web/20211220144859/https://economictimes.indiatimes.com/markets/stocks/news/dlf-jspl-shares-fall-on-exit-from-nifty-from-march-27/articleshow/46344723.cms |archive-date=2021-12-20 |access-date=2021-12-20 |work=[[The Economic Times]]}}</ref>
|-
|[[Jindal Steel & Power]]
|[[Yes Bank]]
|-
|[[Infrastructure Development Finance Company|IDFC]]
|[[Robert Bosch GmbH|Bosch India]]
|29 May 2015
| Demerger
|<ref>{{cite news |date=2014-04-29 |title=IDFC to exit Nifty index; Bosch new replacement |url=https://economictimes.indiatimes.com/markets/stocks/news/idfc-to-exit-nifty-index-bosch-new-replacement/articleshow/47100058.cms |url-status=live |archive-url=https://web.archive.org/web/20240224134057/https://economictimes.indiatimes.com/markets/stocks/news/idfc-to-exit-nifty-index-bosch-new-replacement/articleshow/47100058.cms |archive-date=2024-02-24 |access-date=2024-01-27 |work=[[The Economic Times]]}}</ref>
|-
|[[National Mineral Development Corporation|NMDC]]
|[[Adani Ports & SEZ]]
|28 September 2015
| Inadequate market capitalization
|<ref>{{cite news |date=2015-08-12 |title=Adani Ports to replace NMDC on Nifty from September 28 |url=https://economictimes.indiatimes.com/markets/stocks/news/adani-ports-to-replace-nmdc-on-nifty-from-september-28/articleshow/48455761.cms |url-status=live |archive-url=https://web.archive.org/web/20211220142546/https://economictimes.indiatimes.com/markets/stocks/news/adani-ports-to-replace-nmdc-on-nifty-from-september-28/articleshow/48455761.cms |archive-date=2021-12-20 |access-date=2021-12-20 |work=[[The Economic Times]]}}</ref>
|-
|[[Cairn India]]
|[[Aurobindo Pharma]]
| rowspan="3" |1 April 2016
| Merger
| rowspan="3" |<ref>{{cite news |date=2016-02-23 |title=NSE exchange to add 4 companies, drop Cairn India, Vedanta, PNB from index |url=https://economictimes.indiatimes.com/markets/stocks/news/nse-exchange-to-add-4-companies-drop-cairn-india-vedanta-pnb-from-index/articleshow/51094595.cms |url-status=live |archive-url=https://web.archive.org/web/20211220142541/https://economictimes.indiatimes.com/markets/stocks/news/nse-exchange-to-add-4-companies-drop-cairn-india-vedanta-pnb-from-index/articleshow/51094595.cms |archive-date=2021-12-20 |access-date=2021-12-20 |work=[[The Economic Times]]}}</ref>
|-
|[[Punjab National Bank]]
|[[Bharti Infratel]]
| Inadequate market capitalization
|-
|[[Vedanta Limited|Vedanta]]
|[[Eicher Motors]]
| Merger
|-
|[[Bharat Heavy Electricals Limited|BHEL]]
|[[Indiabulls Housing Finance]]
| rowspan="2" |31 March 2017
| rowspan="2" | Inadequate market capitalization
| rowspan="2" |<ref>{{cite news |date=2017-02-16 |title=IOC, IBHFL to replace Idea, BHEL in NSE Nifty50 from March 31 |url=https://www.business-standard.com/article/markets/ioc-ibhfl-to-replace-idea-bhel-in-nse-nifty50-from-march-31-117021600934_1.html |url-status=live |archive-url=https://web.archive.org/web/20211220144255/https://www.business-standard.com/article/markets/ioc-ibhfl-to-replace-idea-bhel-in-nse-nifty50-from-march-31-117021600934_1.html |archive-date=2021-12-20 |access-date=2021-12-20 |work=[[Business Standard]]}}</ref>
|-
|[[Idea Cellular]]
|[[Indian Oil Corporation]]
|-
|[[Grasim Industries]]
|[[Vedanta Limited|Vedanta]]
|26 May 2017
|Demerger
|<ref>{{cite news |date=2018-01-12 |title=Grasim out, Vedanta in Nifty 50 index |url=https://www.thehindubusinessline.com/markets/stock-markets/grasim-out-vedanta-in-nifty-50-index/article9712683.ece |url-status=live |archive-url=https://web.archive.org/web/20211221054007/https://www.thehindubusinessline.com/markets/stock-markets/grasim-out-vedanta-in-nifty-50-index/article9712683.ece |archive-date=2021-12-21 |access-date=2021-12-21 |work=[[Business Line]] |language=en}}</ref>
|-
|[[ACC (company)|ACC]]
|[[Bajaj Finance]]
| rowspan="3" |29 September 2017
| rowspan="9" | Inadequate market capitalization
| rowspan="3" |<ref name="bloombergquint1">{{cite news |date=2020-08-20 |title=Divi's Labs And SBI Life Enter Nifty 50, Zee And Bharti Infratel Out |url=https://www.bloombergquint.com/markets/divis-labs-and-sbi-life-enter-nifty-50-zee-and-bharti-infratel-out |url-status=live |archive-url=https://web.archive.org/web/20200925160944/https://www.bloombergquint.com/markets/divis-labs-and-sbi-life-enter-nifty-50-zee-and-bharti-infratel-out |archive-date=2020-09-25 |access-date=2020-09-15 |work=[[BloombergQuint]] |language=en}}</ref>
|-
|[[Bank of Baroda]]
|[[Hindustan Petroleum]]
|-
|[[Tata Power]]
|[[UPL (company)|UPL]]
|-
|[[Ambuja Cements]]
|[[Bajaj Finserv]]
| rowspan="3" |2 April 2018
| rowspan="3" |<ref>{{cite news |date=2018-02-22 |title=Nifty Rejig: Ambuja, Aurobindo & Bosch Out; Grasim, Titan & Bajaj Finserv Included |url=https://www.moneycontrol.com/news/business/markets/nifty-rejig-ambuja-aurobindo-grasim-titan-bajaj-finserv-included-2513249.html |url-status=live |archive-url=https://web.archive.org/web/20211220142541/https://www.moneycontrol.com/news/business/markets/nifty-rejig-ambuja-aurobindo-grasim-titan-bajaj-finserv-included-2513249.html |archive-date=2021-12-20 |access-date=2021-12-20 |work=[[Moneycontrol]] |language=en}}</ref>
|-
|[[Aurobindo Pharma]]
|[[Grasim Industries]]
|-
|[[Robert Bosch GmbH|Bosch India]]
|[[Titan Company]]
|-
|[[Lupin Limited|Lupin]]
|[[JSW Steel]]
|28 September 2018
|<ref>{{cite news |last1=Burugula |first1=Pavan |date=2018-08-29 |title=JSW Steel to replace pharma firm Lupin in Nifty 50 from September 28 |url=https://www.business-standard.com/article/markets/jsw-steel-to-replace-pharma-firm-lupin-in-nifty-50-from-september-28-118082900021_1.html |url-status=live |archive-url=https://web.archive.org/web/20211220135535/https://www.business-standard.com/article/markets/jsw-steel-to-replace-pharma-firm-lupin-in-nifty-50-from-september-28-118082900021_1.html |archive-date=2021-12-20 |access-date=2021-12-20 |work=[[Business Standard]]}}</ref>
|-
|[[Hindustan Petroleum]]
|[[Britannia Industries]]
|29 March 2019
|<ref>{{cite web |date=2019-02-25 |title=Britannia to replace Hindustan Petroleum in Nifty 50 from 29 March |url=https://www.livemint.com/market/stock-market-news/britannia-to-replace-hindustan-petroleum-in-nifty-50-from-29-march-1551116705011.html |url-status=live |archive-url=https://web.archive.org/web/20190927073624/https://www.livemint.com/market/stock-market-news/britannia-to-replace-hindustan-petroleum-in-nifty-50-from-29-march-1551116705011.html |archive-date=2019-09-27 |access-date=2019-09-27 |website=[[Mint (newspaper)|Mint]]}}</ref>
|-
|[[Indiabulls Housing Finance]]
|[[Nestlé India]]
|27 September 2019
|<ref>{{cite web |author=Staff Writer |date=2019-08-28 |title=Nestle India to be included in NSE Nifty 50 Index |url=https://www.livemint.com/market/stock-market-news/nestle-india-to-be-included-in-nse-nifty-50-index-1566995646655.html |url-status=live |archive-url=https://web.archive.org/web/20190927073626/https://www.livemint.com/market/stock-market-news/nestle-india-to-be-included-in-nse-nifty-50-index-1566995646655.html |archive-date=2019-09-27 |access-date=2019-09-27 |website=[[Mint (newspaper)|Mint]]}}</ref>
|-
|[[Yes Bank]]
|[[Shree Cement]]
|19 March 2020
| Reconstruction scheme
|<ref>{{cite news |date=16 March 2020 |title=Yes Bank to be excluded from Nifty 50, Nifty bank from Thursday |url=https://www.livemint.com/market/stock-market-news/yes-bank-to-be-excluded-from-nifty-50-nifty-bank-from-thursday-11584336228738.html |url-status=live |archive-url=https://web.archive.org/web/20211220140917/https://www.livemint.com/market/stock-market-news/yes-bank-to-be-excluded-from-nifty-50-nifty-bank-from-thursday-11584336228738.html |archive-date=20 December 2021 |access-date=20 December 2021 |website=[[Mint (newspaper)|Mint]] |language=en}}</ref>
|-
|[[Vedanta Limited|Vedanta]]
|[[HDFC Life]]
|31 July 2020
| Proposed delisting
|<ref>{{Cite news |title=HDFC Life replaces Vedanta in Nifty; SBI Card enters 5 indices |url=https://economictimes.indiatimes.com/markets/stocks/news/hdfc-life-replaces-vedanta-in-nifty-sbi-cards-enters-5-indices/articleshow/76752708.cms |url-status=live |archive-url=https://web.archive.org/web/20211024231327/https://economictimes.indiatimes.com/markets/stocks/news/hdfc-life-replaces-vedanta-in-nifty-sbi-cards-enters-5-indices/articleshow/76752708.cms |archive-date=2021-10-24 |access-date=2022-03-02 |newspaper=[[The Economic Times]]}}</ref>
|-
|[[Zee Entertainment Enterprises]]
|[[SBI Life Insurance Company]]
| rowspan="2" |25 September 2020
| Inadequate market capitalization
| rowspan="2" |<ref name="bloombergquint1"/>
|-
|[[Bharti Infratel]]
|[[Divi's Laboratories]]
|Merger
|-
|[[GAIL]]
|[[Tata Consumer Products]]
|31 March 2021
| rowspan="3" | Inadequate market capitalization
|<ref>{{cite web |title=Tata Consumer Products To Replace GAIL In Nifty 50 From March 31 |url=https://www.bloombergquint.com/markets/tata-consumer-to-replace-gail-in-nifty-50-from-march-31 |url-status=live |archive-url=https://web.archive.org/web/20210624200219/https://www.bloombergquint.com/markets/tata-consumer-to-replace-gail-in-nifty-50-from-march-31 |archive-date=2021-06-24 |access-date=2021-06-18 |website=[[BloombergQuint]] |language=en}}</ref>
|-
|[[Indian Oil Corporation]]
|[[Apollo Hospitals]]
|31 March 2022
|<ref>{{cite web |title=Apollo Hospitals To Replace Indian Oil In Nifty 50 From March 31 |url=https://www.bloombergquint.com/markets/apollo-hospitals-to-replace-indian-oil-in-nifty-50-from-march-31 |url-status=live |archive-url=https://web.archive.org/web/20220320003036/https://www.bloombergquint.com/markets/apollo-hospitals-to-replace-indian-oil-in-nifty-50-from-march-31 |archive-date=2022-03-20 |access-date=2022-03-17 |website=[[BloombergQuint]] |language=en}}</ref>
|-
|[[Shree Cement]]
|[[Adani Enterprises]]
|30 September 2022
|<ref>{{cite news |date=1 September 2022 |title=Adani Enterprises to be included in Nifty 50, replaces Shree Cement |url=https://www.businesstoday.in/markets/company-stock/story/adani-enterprises-to-be-included-in-nifty-50-replaces-shree-cement-346175-2022-09-01 |url-status=live |archive-url=https://web.archive.org/web/20221028141650/https://www.businesstoday.in/markets/company-stock/story/adani-enterprises-to-be-included-in-nifty-50-replaces-shree-cement-346175-2022-09-01 |archive-date=2022-10-28 |access-date=2022-10-28 |work=[[Business Today (India)|Business Today]] |language=en}}</ref>
|-
|[[Housing Development Finance Corporation|HDFC]]
|[[LTIMindtree]]
|13 July 2023
| Merger
|<ref>{{cite news |date=2023-07-04 |title=NSE to replace HDFC with LTIMindtree in Nifty 50 index |url=https://timesofindia.indiatimes.com/business/india-business/nse-to-replace-hdfc-with-ltimindtree-in-nifty-50-index/articleshow/101492566.cms |url-status=live |archive-url=https://web.archive.org/web/20230712120224/https://timesofindia.indiatimes.com/business/india-business/nse-to-replace-hdfc-with-ltimindtree-in-nifty-50-index/articleshow/101492566.cms |archive-date=2023-07-12 |access-date=2023-09-16 |work=[[The Times of India]]}}</ref>
|-
|[[UPL (company)|UPL]]
|[[Shriram Finance]]
|28 March 2024
| rowspan="3" | Inadequate market capitalization
|<ref>{{cite news |date=2024-02-29 |title=Shriram Finance to replace UPL in Nifty from March 28 |url=https://economictimes.indiatimes.com/markets/stocks/news/shriram-finance-to-replace-upl-in-nifty-from-march-28/articleshow/108086752.cms |url-status=live |archive-url=https://web.archive.org/web/20240609183056/https://economictimes.indiatimes.com/markets/stocks/news/shriram-finance-to-replace-upl-in-nifty-from-march-28/articleshow/108086752.cms |archive-date=2024-06-09 |access-date=2024-03-27 |work=[[The Economic Times]]}}</ref>
|-
|[[Divi's Laboratories]]
|[[Bharat Electronics]]
| rowspan="2" |30 September 2024
| rowspan="2" |<ref>{{Cite news |last=Kumar |first=Shivendra |date=2024-08-23 |title=Nifty50 rejig: Trent, Bharat Electronics enter, LTIMindtree, Divi's Labs make exit |url=https://economictimes.indiatimes.com/markets/stocks/news/nifty50-rejig-trent-bharat-electronics-added-ltimindtree-divis-exit-index/articleshow/112742982.cms |url-status=live |archive-url=https://web.archive.org/web/20240824015738/https://economictimes.indiatimes.com/markets/stocks/news/nifty50-rejig-trent-bharat-electronics-added-ltimindtree-divis-exit-index/articleshow/112742982.cms |archive-date=2024-08-24 |access-date=2024-08-25 |work=[[The Economic Times]] |issn=0013-0389}}</ref><ref>{{Cite web |date=2024-08-23 |title=Replacements in indices and revision in criteria |url=https://www.niftyindices.com/Press_Release/ind_prs23082024.pdf |url-status=live |archive-url=https://web.archive.org/web/20240825130404/https://www.niftyindices.com/Press_Release/ind_prs23082024.pdf |archive-date=2024-08-25 |access-date=2024-08-25 |website=[[NSE Indices]] |publication-place=Mumbai}}</ref>
|-
|[[LTIMindtree]]
|[[Trent Limited|Trent]]
|}

==Statistics==

=== Record values ===
{| class="wikitable"
! rowspan=2 | Category
! colspan=2 | All-time highs<ref>{{Cite web |date=2024-09-20 |title=Share Market Highlights 20th September 2024: Sexsex rises by 1.63%, Nifty gains and closes at 25,790.95 |url=https://www.thehindubusinessline.com/markets/share-market-nifty-sensex-highlights-20-september-2024/article68660098.ecehttps://www.thehindubusinessline.com/markets/share-market-nifty-sensex-highlights-20-september-2024/article68660098.ece |url-status=live |archive-url=https://web.archive.org/web/20240921081151/https://www.thehindubusinessline.com/markets/share-market-nifty-sensex-highlights-20-september-2024/article68660098.ece |archive-date=2024-09-21 |access-date=2024-09-22 |website=[[Business Line]] |language=en-IN}}</ref>
|-
! Value
! Date
|-
! Closing
| 26,216.05
| Thursday, 26 September 2024
|-
! [[Intraday]]
| 26,277.35
| Friday, 27 September 2024
|-
|}
'''High Value Record'''
{| class="wikitable"
|+
!Record Value
!First Touch
|-
|1000
|2 December 1999
|-
|2000
|2 December 2004
|-
|3000
|30 January 2006
|-
|4000
|1 December 2006
|-
|5000
|27 September 2007
|-
|10000
|25 July 2017
|-
|15000
|5 February 2021
|-
|20000
|11 September 2023
|-
|25000
|1 August 2024
|-
|26000
|24 September 2024
|}

===Major single day falls===
Following are some of the notable single-day falls of the NIFTY 50 Index.
{| class="wikitable"
|+
! width="20%" |Date
! width="20%" |Fall
! width="60%" |Probable reason
|-
|31 March 1997
|89.50 points (8.46%)
|[[Indian National Congress|Congress]] withdraws support to the [[United Front (India, 1996)|United Front]] coalition government.<ref>{{cite news |title=Shares fall 11 % in worst intraday plunge, trading halted |url=https://economictimes.indiatimes.com/shares-fall-11-in-worst-intraday-plunge-trading-halted/articleshow/2720110.cms |access-date=14 April 2024 |work=The Economic Times |date=22 January 2008}}</ref><ref>{{cite news |title=Indian exchanges fall as world stocks tumble |url=https://www.rediff.com/business/oct/28crash.htm |access-date=14 April 2024 |work=Rediff}}</ref>
|-
|28 October 1997
|88.20 points (7.87%)
|[[1997 Asian financial crisis|Asian financial crisis]].<ref>{{Cite news |date=1997-10-29 |title=Nifty Sheds 88 Pts, 181 Scrips At 52-Week Lows |url=https://www.business-standard.com/article/specials/nifty-sheds-88-pts-181-scrips-at-52-week-lows-197102901036_1.html |url-status=live |archive-url=https://web.archive.org/web/20240604164152/https://www.business-standard.com/article/specials/nifty-sheds-88-pts-181-scrips-at-52-week-lows-197102901036_1.html |archive-date=2024-06-04 |access-date=2024-06-04 |work=[[Business Standard]]}}</ref>
|-
|4 April 2000
|106.65 points (6.90%)
|[[Dot-com bubble]] burst.<ref>{{cite news |title=Second-biggest fall in Sensex as panic grips bourses |url=https://www.rediff.com/business/2000/apr/04bourse.htm |access-date=14 September 2024 |work=Rediff |date=4 April 2000}}</ref>
|-
|14 May 2004
|135.10 points (7.87%)
|[[2004 Indian general election]] results.
|-
|17 May 2004
|196.90 points (12.24%)
|2004 Indian general election results.<ref>{{cite news |title=UBS barred for 1 year |url=https://www.business-standard.com/article/markets/ubs-barred-for-1-year-105051801013_1.html |access-date=14 September 2024 |work=Business Standard |date=18 May 2005}}</ref>
|-
|21 January 2008
|496.50 points (8.70%)
|US [[subprime mortgage crisis]].<ref>{{cite news |title=Investors lose $170 billion as Indian equities crash |url=https://www.indiatoday.in/latest-headlines/story/investors-lose-170-billion-as-indian-equities-crash-22392-2008-01-21 |access-date=14 September 2024 |work=India Today |date=21 January 2008 |language=en}}</ref>
|-
|22 January 2008
|309.50 points (5.94%)
|US subprime mortgage crisis.
|-
|24 October 2008
|386 points (13.11%)
|[[Global financial crisis in October 2008|Global financial crisis]].<ref>{{cite news |title=Hopes shattered; Nifty ends 13% down |url=https://economictimes.indiatimes.com/hopes-shattered-nifty-ends-13-down/articleshow/3639471.cms |access-date=14 September 2024 |work=The Economic Times |date=24 October 2008}}</ref>
|-
|24 August 2015
|490.95 points (5.92%)
|[[2015–16 Chinese stock market turbulence|Chinese stock market crash]].<ref>{{cite web|url=http://www.moneycontrol.com/news/business/markets/global-mayhem-sensex-crashes-1624-pts-nifty-breaches-7900-1487773.html|title=Global mayhem: Sensex crashes 1624 pts; Nifty breaches 7900|website=Moneycontrol|language=en-US|access-date=21 December 2017}}</ref>
|-
|9 March 2020
|538.00 points (4.90%)
|[[COVID-19 pandemic]].<ref>{{Cite news|date=2020-03-09|title=Market Wrap, March 9: Sensex dips 1942 pts, Nifty at 10,451|work=Business Standard India|url=https://www.business-standard.com/podcast/markets/market-wrap-march-9-sensex-dips-1942-pts-nifty-at-10-451-120030900898_1.html|access-date=2020-10-06|archive-date=27 August 2020|archive-url=https://web.archive.org/web/20200827201135/https://www.business-standard.com/podcast/markets/market-wrap-march-9-sensex-dips-1942-pts-nifty-at-10-451-120030900898_1.html|url-status=live}}</ref>
|-
|12 March 2020
|868.25 points (8.30%)
|COVID-19 pandemic; [[WHO]] declares it a [[pandemic]].<ref>{{cite web|title=Sensex, Nifty suffer biggest one-day fall amid global sell off|url=https://www.thehindubusinessline.com/markets/stock-markets/stock-market-updates-for-march-12-2020/article31046636.ece|access-date=2020-10-06|website=Thehindubusinessline.com|date=12 March 2020|language=en|archive-date=9 June 2024|archive-url=https://web.archive.org/web/20240609184602/https://www.thehindubusinessline.com/markets/stock-markets/stock-market-updates-for-march-12-2020/article31046636.ece|url-status=live}}</ref>
|-
|16 March 2020
|757.80 points (7.61%)
|COVID-19 pandemic.<ref>{{Cite news|date=2020-03-16|title=Market Wrap, March 16: Sensex tanks 2,713 pts, Nifty ends at 9,199|work=Business Standard India|url=https://www.business-standard.com/podcast/markets/market-wrap-march-16-sensex-tanks-2-713-pts-nifty-ends-at-9-199-120031600967_1.html|access-date=2020-10-06|archive-date=9 October 2020|archive-url=https://web.archive.org/web/20201009112113/https://www.business-standard.com/podcast/markets/market-wrap-march-16-sensex-tanks-2-713-pts-nifty-ends-at-9-199-120031600967_1.html|url-status=live}}</ref>
|-
|23 March 2020
|1135.20 points (12.98%)
|COVID-19 pandemic.<ref>{{cite web|last=Guha|first=Ishita|date=2020-03-23|title=Key indices suffer massive sell-off; Sensex ends down nearly 4,000 points|url=https://www.livemint.com/market/live-blog/live-blog-sensex-nifty-live-today-23-03-2020-nifty-nse-bse-news-updates-11584931654563.html|access-date=2020-10-06|website=Livemint.com|language=en|archive-date=26 November 2020|archive-url=https://web.archive.org/web/20201126095411/https://www.livemint.com/market/live-blog/live-blog-sensex-nifty-live-today-23-03-2020-nifty-nse-bse-news-updates-11584931654563.html|url-status=live}}</ref>
|-
|4 June 2024
|1379.40 points (5.93%)
|The [[Second Modi ministry|incumbent government]] secured fewer seats in the [[2024 Indian general elections]] than was predicted by the [[2024 Indian general election#Exit polls|exit polls]].<ref>{{Cite news |last=Deva |first=Pranati |date=2024-06-04 |title=Immediate support for Nifty at 21,200? Experts outline key levels to watch out for after today's market crash |url=https://www.livemint.com/market/stock-market-news/immediate-support-for-nifty-at-22-000-experts-outline-key-levels-to-watch-post-market-crash-11717496540094.html |url-status=live |archive-url=https://web.archive.org/web/20240604120403/https://www.livemint.com/market/stock-market-news/immediate-support-for-nifty-at-22-000-experts-outline-key-levels-to-watch-post-market-crash-11717496540094.html |archive-date=2024-06-04 |access-date=2024-06-04 |work=[[Mint (newspaper)|Mint]]}}</ref>
|}

===Major single day gains===
Following are some of the notable single-day gains of the NIFTY 50 Index.
{| class="wikitable"
|+
! width="20%" |Date
! width="20%" |Gain
! width="60%" |Probable reason
|-
|18 May 2009
|651.50 points (17.74%)
|[[2009 Indian general election]] results caused multiple [[trading curb]]s.<ref>{{cite news |title=Sensex creates history; two upper circuits in one day |url=https://economictimes.indiatimes.com/sensex-creates-history-two-upper-circuits-in-one-day/articleshow/4545975.cms |access-date=14 April 2024 |work=The Economic Times |date=18 May 2009}}</ref>
|-
|20 September 2019
|655.45 points (6.12%)
|Announcement of corporate tax rate cuts.<ref>{{cite news |title=Nirmala Sitharaman press conference highlights: Corporate tax relief to help stabilise economy, says Tech Mahindra's Gurnani |url=https://www.moneycontrol.com/news/india/nirmala-sitharaman-press-conference-live-updates-economic-slowdown-gst-council-meeting-gst-rate-cut-economic-boost-hotel-outdoor-catering-loan-rates-auto-sector-finance-minister-nirmala-sitharaman-lat-4456871.html |work=Moneycontrol |language=en}}</ref>
|-
|25 March 2020
|516.80 points (6.62%)
|[[US Senate]] passes a $2.2 trillion [[CARES Act|economic stimulus bill]] in response to the COVID-19 pandemic.<ref>{{cite news |last1=Matkar |first1=Sunil Shankar |title=Stimulus hope helps Sensex post 3rd biggest single-day gain, but experts are not convinced |url=https://www.moneycontrol.com/news/business/markets/stimulus-hope-helps-sensex-post-3rd-biggest-single-day-gain-but-experts-are-not-convinced-5072411.html |access-date=13 September 2024 |work=Moneycontrol |date=25 March 2020}}</ref>
|-
|7 April 2020
|708.40 points (8.76%)
|Indications that COVID-19 cases were easing around the world.<ref>{{Cite news|last=Shah|first=Ami|date=7 April 2020|title=Sensex, Nifty post biggest single-day gain; Rs 7.9 lakh crore added|newspaper=[[The Economic Times]]|url=https://economictimes.indiatimes.com/markets/stocks/news/sensex-nifty-post-biggest-single-day-gain-rs-7-9-lakh-crore-added/articleshow/75028221.cms|access-date=10 June 2020|archive-date=13 June 2020|archive-url=https://web.archive.org/web/20200613145739/https://economictimes.indiatimes.com/markets/stocks/news/sensex-nifty-post-biggest-single-day-gain-rs-7-9-lakh-crore-added/articleshow/75028221.cms|url-status=live}}</ref>
|-
|1 February 2021
|646.60 points (4.74%)
|Union budget day by Nirmala Sitharaman.<ref>{{Cite web |date=2 Feb 2021 |title=Budget 2021 Key Takeaways: Spending boost to lift pandemic-hit economy, new cess to finance agri infra |url=https://economictimes.indiatimes.com/news/newsblogs/union-budget-2021-live-news-updates-nirmala-sitharaman-announcements/liveblog/msid-80618644,curpg-2.cms?from=mdr |archive-url= |website=The Economic Times}}</ref>
|}

=== Annual returns ===
The following table shows the annual development of the NIFTY 50 since 2000.<ref>{{Cite web |title=India: annual nifty 50 returns 2023 |url=https://www.statista.com/statistics/1461792/india-annual-nifty-50-returns/ |access-date=2024-06-09 |website=Statista |language=en}}</ref><ref>{{Cite web |date=2020-09-09 |title=Nifty 50 returns - 20 years worth of powerful, downloadable data |url=https://primeinvestor.in/nifty-50-returns/ |access-date=2024-06-09 |language=en-US}}</ref> The historical daily returns data can be accessed from the [https://www1.nseindia.com/products/content/equities/indices/historical_index_data.htm NSE website].<ref>{{cite web |title=NSE - Historical Index Data |url=https://www1.nseindia.com/products/content/equities/indices/historical_index_data.htm |url-status=live |archive-url=https://web.archive.org/web/20210111231247/https://www1.nseindia.com/products/content/equities/indices/historical_index_data.htm |archive-date=2021-01-11 |access-date= |website=[[National Stock Exchange of India]]}}</ref>
{| class="wikitable sortable" style="text-align:right"
|-
!Year
!Closing level
!Change in Index<br />in Points
!Change in Index<br />in %
|-
|2000
|1,263.55
|−216.90||style="color:red"|−14.65
|-
|2001
|1,059.05
|−204.50||style="color:red"|−13.94
|-
|2002
|1,093.50
|34.45
|3.25
|-
|2003
|1,879.75
|786.25
|71.90
|-
|2004
|2,080.50
|200.75
|10.68
|-
|2005
|2,836.55
|756.05
|36.34
|-
|2006
|3,966.40
|1,129.85
|39.83
|-
|2007
|6,138.60
|2,172.20
|54.77
|-
|2008
|2,959.15
|−3,179.45||style="color:red"|−51.79
|-
|2009
|5,201.05
|2,241.90
|75.76
|-
|2010
|6,134.50
|933.45
|17.95
|-
|2011
|4,624.30
|−1,510.20||style="color:red"|−24.62
|-
|2012
|5,905.10
|1,280.80
|27.70
|-
|2013
|6,304.00
|398.90
|6.76
|-
|2014
|8,282.70
|1,978.70
|31.39
|-
|2015
|7,964.35
|−336.35|| style="color:red" |−4.06
|-
|2016
|8,185.80
|239.45
|3.01
|-
|2017
|10,530.70
|2,344.90
|28.65
|-
|2018
|10,862.55
|331.85
|3.15
|-
|2019
|12,168.45
|1,305.90
|12.02
|-
|2020
|13,981.75
|1,813.30
|14.90
|-
|2021
|17,354.05
|3,372.30
|24.12
|-
|2022
|18,105.30
|751.25
|4.32
|-
|2023
|21,731.40
|3621.1
|20.02
|}


==Derivatives==
Trading in futures and options on the NIFTY 50 is offered by the [[National Stock Exchange of India|NSE]] and NSE International Exchange (NSEIX).<ref>{{cite web |date=1 April 2013 |title=National Stock Exchange of India Ltd. |url=https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |url-status=live |archive-url=https://web.archive.org/web/20190816215703/https://www.nseindia.com/products/content/derivatives/equities/contract_specifitns.htm |archive-date=16 August 2019 |access-date=28 June 2020 |website=[[National Stock Exchange of India]]}}</ref><ref name="SGX-Derivatives">{{cite web |title=SGX Derivatives Products Nifty Indices Futures and Options Product Information |url=https://www2.sgx.com/derivatives/products/nifty?cc=IN#Product%20Information |url-status=live |archive-url=https://web.archive.org/web/20200805031352/https://www.sgx.com/derivatives/products/nifty?cc=IN#Product%20Information |archive-date=5 August 2020 |access-date=16 August 2019 |website=Singapore Exchange Ltd.}}</ref> NSE offers weekly as well as monthly expiry options. It is the most traded index option in the world.<ref>{{Cite web |date=April 2022 |title=WFE Derivatives Report 2021 |url=https://www.world-exchanges.org/storage/app/media/2021%20Annual%20Derivatives%20Report.pdf |url-status=unfit |archive-url=https://web.archive.org/web/20231004115815/https://www.world-exchanges.org/storage/app/media/2021%20Annual%20Derivatives%20Report.pdf |archive-date=2023-10-04 |website=[[World Federation of Exchanges]]}}</ref><ref name=":6" />

NSE allows international traders to trade on the NIFTY 50 by [[GIFT Nifty|GIFT NIFTY]]. The same index had previously operated under the name SGX Nifty, and was traded on the [[Singapore Exchange]]. It was rebranded to GIFT Nifty on 3 July 2023 and trading was moved to the NSE International Exchange (NSEIX) situated in [[GIFT City]], Gandhinagar.<ref name=":2">{{Cite web |last=Bhadoria |first=Sharmila |date=2023-07-02 |title=Explained: SGX Nifty to become GIFT Nifty from tomorrow; what it means for India |url=https://www.livemint.com/market/stock-market-news/explained-sgx-nifty-to-become-gift-nifty-from-tomorrow-what-does-it-mean-india-gift-city-gandhinagar-gujarat-nse-ix-11688272033035.html |url-status=live |archive-url=https://web.archive.org/web/20230702054802/http://www.livemint.com/market/stock-market-news/explained-sgx-nifty-to-become-gift-nifty-from-tomorrow-what-does-it-mean-india-gift-city-gandhinagar-gujarat-nse-ix-11688272033035.html |archive-date=2023-07-02 |access-date=2024-04-12 |website=[[Mint (newspaper)|The Mint]] |language=en}}</ref><ref name=":1" /><ref name=":3">{{Cite news |last=Sharma |first=Ajaya |date=2023-05-17 |title=Shift of SGX Nifty to NSE-IFSC exchange to be a watershed moment in history of India: V Balasubramaniam |url=https://economictimes.indiatimes.com/markets/expert-view/shift-of-sgx-nifty-to-nse-ifsc-exchange-to-be-a-watershed-moment-in-history-of-india-v-balasubramaniam/articleshow/100300165.cms |url-status=live |archive-url=https://web.archive.org/web/20230721235140/https://economictimes.indiatimes.com/markets/expert-view/shift-of-sgx-nifty-to-nse-ifsc-exchange-to-be-a-watershed-moment-in-history-of-india-v-balasubramaniam/articleshow/100300165.cms |archive-date=2023-07-21 |access-date=2024-04-12 |work=The Economic Times |issn=0013-0389}}</ref> The CEO of NSEIX called it a watershed moment since it was the first time India got back an international contract which had previously been exported.<ref name=":3" /><ref name=":2" />

==NIFTY Next 50==
{{main|NIFTY Next 50}}
NIFTY Next 50, also called NIFTY Junior, is an index of 50 companies whose free float market capitalisation comes after that of the companies in NIFTY 50. NIFTY Next 50 constituents are thus potential candidates for future inclusion in NIFTY 50.<ref>{{Cite web |date=2024-03-28 |title=Nifty Next 50 Factsheet - NSE Indices |url=https://www.niftyindices.com/Factsheet/ind_next50.pdf |url-status=live |archive-url=https://web.archive.org/web/20240412173338/https://www.niftyindices.com/Factsheet/ind_next50.pdf |archive-date=2024-04-12 |access-date=2024-04-13 |website=[[NSE Indices]]}}</ref>


==See also==
==See also==
* [[NSE Indices]]
* [[India Index Services and Products|India Index Services and Products Ltd]]
* [[CRISIL]]
* [[BSE SENSEX]]
* [[GIFT Nifty]]
* [[National Stock Exchange of India|NSE]]
* [[List of companies listed on the National Stock Exchange of India]]
* [[Standard & Poor's]]

== Notes ==
{{Notelist}}


==References==
==References==
Line 134: Line 829:


==External links==
==External links==
* [https://www.bloomberg.com/apps/quote?ticker=NIFTY:IND Bloomberg page for NIFTY:IND]
* [http://www.nseindia.com/products/content/equities/indices/s_n_p_cnx_nifty.htm Official Homepage]
* [http://www.nseindia.com/products/content/equities/indices/index_funds.htm Products linked to CNX Nifty Index]
*[https://www.nseindia.com/products/content/equities/indices/nifty_50.htm NSE official site]
* [http://www.nseindia.com/products/content/equities/indices/historical_index_data.htm Historical CNX Nifty Index values]


{{Asian Stock market indexes}}
{{Stock Market Indices}}
{{Nifty 200 companies}}
{{India topics}}


{{DEFAULTSORT:CNX Nifty}}
{{DEFAULTSORT:NIFTY 50}}
[[Category:Indian stock market indices]]
[[Category:Indian stock market indices]]
[[Category:National Stock Exchange of India]]
[[Category:1996 establishments in Maharashtra]]

Latest revision as of 14:37, 26 December 2024

For the informal 1960s US stock market designation, see Nifty Fifty.

NIFTY 50
Performance of the NIFTY 50 index between 1990 and 2024
Foundation22 April 1996 (28 years ago) (22 April 1996)
OperatorNSE Indices
ExchangesNational Stock Exchange of India
Trading symbol^NSEI
Constituents50
TypeLarge cap
Weighting methodFree-float capitalization-weighted
Related indicesNIFTY Next 50
NIFTY 500
Websitewww.niftyindices.com/indices/equity/broad-based-indices/NIFTY--50

The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.[1][2] Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the National Stock Exchange of India.[3][4] The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1000 as its base value.[1][5][6]

The NIFTY 50 index ecosystem consists of index funds (both onshore and offshore mutual funds and ETFs), and futures and options at NSE and NSE International Exchange (through GIFT Nifty).[7][8] In 2016, NIFTY 50 was reported by the WFE and FIA as the world's most actively traded index options contract, but it was later overtaken by Nifty Bank.[9][10][11] But after NIFTY Bank weekly expiries were removed,[12] NIFTY 50 became the world's most actively traded options contract.[13]

The NIFTY 50 index covers 13 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. As of July 2024, NIFTY 50 gives a weightage of 32.76% to financial services including banking, 13.76% to information technology, 12.12% to oil and gas, 8.46% to consumer goods, and 8.22% to automotive.[1]

Total assets under management of passive funds (ETFs and index funds) in India tracking Nifty indices reached Rs 7.8 lakh crores, accounting for 73% of equity and debt passive funds’ AUM of Rs 10.7 lakh crores in India as of September 30, 2024. There are 343 passive products tracking Nifty index in India as of September 30, 2024. There are 30 ETFs and index funds and 2 ETNs tracking Nifty indices in international markets with a total AUM of ~US $5 billion as of September 30, 2024.[14][6]

Methodology

[edit]

The NIFTY 50 index is a free float market capitalisation-weighted index.

Stocks are added to the index based on the following criteria:[1]

  1. Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
  2. The company should have a listing history of 6 months.
  3. Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index.
  4. The company should have a minimum listing history of 1 month as on the cutoff date

The index was initially calculated on a full market capitalization methodology. On 26 June 2009, the computation was changed to a free-float methodology.[15] The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the equity market segment on NSE. The base value of the index has been set at 1000 and a base capital of ₹ 2.06 trillion.[1][16]

The index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 every year and average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.[1]

Constituents

[edit]

The Nifty 50 has the following constituents, as of 30 September 2024 (largest ten by weight in bold).

Company name Symbol Sector[17] Date added[18]
Adani Enterprises ADANIENT Metals & Mining 30 September 2022
Adani Ports & SEZ ADANIPORTS Services 28 September 2015
Apollo Hospitals APOLLOHOSP Healthcare 31 March 2022
Asian Paints ASIANPAINT Consumer Durables 27 April 2012[a]
Axis Bank AXISBANK Financial Services 27 March 2009
Bajaj Auto BAJAJ-AUTO Automobile and Auto Components 1 October 2010[b]
Bajaj Finance BAJFINANCE Financial Services 29 September 2017
Bajaj Finserv BAJAJFINSV Financial Services 2 April 2018
Bharat Electronics BEL Capital Goods 30 September 2024
Bharat Petroleum BPCL Oil, Gas & Consumable Fuels 28 October 2002[c]
Bharti Airtel BHARTIARTL Telecommunication 1 March 2004
Britannia Industries BRITANNIA Fast Moving Consumer Goods 29 March 2019[d]
Cipla CIPLA Healthcare 7 October 1998
Coal India COALINDIA Oil, Gas & Consumable Fuels 10 October 2011
Dr. Reddy's Laboratories DRREDDY Healthcare 1 October 2010[e]
Eicher Motors EICHERMOT Automobile and Auto Components 1 April 2016
Grasim Industries GRASIM Construction Materials 2 April 2018[f]
HCLTech HCLTECH Information Technology 28 October 2002
HDFC Bank HDFCBANK Financial Services 22 April 1996
HDFC Life HDFCLIFE Financial Services 31 July 2020
Hero MotoCorp HEROMOTOCO Automobile and Auto Components 7 October 1998[g]
Hindalco Industries HINDALCO Metals & Mining 22 April 1996
Hindustan Unilever HINDUNILVR Fast Moving Consumer Goods 22 April 1996
ICICI Bank ICICIBANK Financial Services 25 January 2002
IndusInd Bank INDUSINDBK Financial Services 1 April 2013
Infosys INFY Information Technology 7 October 1998
ITC ITC Fast Moving Consumer Goods 22 April 1996
JSW Steel JSWSTEEL Metals & Mining 28 September 2018
Kotak Mahindra Bank KOTAKBANK Financial Services 8 April 2010
Larsen & Toubro LT Construction 10 December 2004[h]
Mahindra & Mahindra M&M Automobile and Auto Components 18 September 1996
Maruti Suzuki MARUTI Automobile and Auto Components 1 March 2004
Nestlé India NESTLEIND Fast Moving Consumer Goods 27 September 2019[i]
NTPC NTPC Power 24 September 2007
Oil and Natural Gas Corporation ONGC Oil, Gas & Consumable Fuels 12 April 2004
Power Grid POWERGRID Power 14 March 2008
Reliance Industries RELIANCE Oil, Gas & Consumable Fuels 22 April 1996
SBI Life Insurance Company SBILIFE Financial Services 25 September 2020
Shriram Finance SHRIRAMFIN Financial Services 28 March 2024
State Bank of India SBIN Financial Services 22 April 1996
Sun Pharma SUNPHARMA Healthcare 17 January 2002
Tata Consultancy Services TCS Information Technology 25 February 2005
Tata Consumer Products TATACONSUM Fast Moving Consumer Goods 31 March 2021[j]
Tata Motors TATAMOTORS Automobile and Auto Components 22 April 1996
Tata Steel TATASTEEL Metals & Mining 22 April 1996
Tech Mahindra TECHM Information Technology 28 March 2014
Titan Company TITAN Consumer Durables 2 April 2018
Trent TRENT Consumer Services 30 September 2024
UltraTech Cement ULTRACEMCO Construction Materials 28 September 2012
Wipro WIPRO Information Technology 27 September 2013[k]

Index changes

[edit]

Changes in index constituents since Nifty 50 adopted free float criteria in 2009:

Constituent excluded Constituent included Date of replacement Reason for exclusion Ref
Grasim Industries Kotak Mahindra Bank 8 April 2010 Demerger [19]
ABB India Bajaj Auto 1 October 2010 Inadequate market capitalization [20]
Idea Cellular Dr. Reddy's Laboratories
Unitech Sesa Goa
Suzlon Grasim Industries 25 March 2011 [21]
Reliance Capital Coal India 10 October 2011 [22]
Reliance Communications Asian Paints 27 April 2012 [23]
Reliance Power Bank of Baroda
Steel Authority of India Lupin 28 September 2012 [24]
Sterlite Industries UltraTech Cement
Siemens IndusInd Bank 1 April 2013 [25]
Wipro NMDC Demerger
Reliance Infrastructure Wipro 27 September 2013 Inadequate market capitalization [26]
JP Associates Tech Mahindra 28 March 2014 [27]
Ranbaxy Laboratories United Spirits
United Spirits Zee Entertainment Enterprises 19 September 2014 Exclusion from F&O segment [28]
DLF Idea Cellular 27 March 2015 Inadequate market capitalization [29]
Jindal Steel & Power Yes Bank
IDFC Bosch India 29 May 2015 Demerger [30]
NMDC Adani Ports & SEZ 28 September 2015 Inadequate market capitalization [31]
Cairn India Aurobindo Pharma 1 April 2016 Merger [32]
Punjab National Bank Bharti Infratel Inadequate market capitalization
Vedanta Eicher Motors Merger
BHEL Indiabulls Housing Finance 31 March 2017 Inadequate market capitalization [33]
Idea Cellular Indian Oil Corporation
Grasim Industries Vedanta 26 May 2017 Demerger [34]
ACC Bajaj Finance 29 September 2017 Inadequate market capitalization [35]
Bank of Baroda Hindustan Petroleum
Tata Power UPL
Ambuja Cements Bajaj Finserv 2 April 2018 [36]
Aurobindo Pharma Grasim Industries
Bosch India Titan Company
Lupin JSW Steel 28 September 2018 [37]
Hindustan Petroleum Britannia Industries 29 March 2019 [38]
Indiabulls Housing Finance Nestlé India 27 September 2019 [39]
Yes Bank Shree Cement 19 March 2020 Reconstruction scheme [40]
Vedanta HDFC Life 31 July 2020 Proposed delisting [41]
Zee Entertainment Enterprises SBI Life Insurance Company 25 September 2020 Inadequate market capitalization [35]
Bharti Infratel Divi's Laboratories Merger
GAIL Tata Consumer Products 31 March 2021 Inadequate market capitalization [42]
Indian Oil Corporation Apollo Hospitals 31 March 2022 [43]
Shree Cement Adani Enterprises 30 September 2022 [44]
HDFC LTIMindtree 13 July 2023 Merger [45]
UPL Shriram Finance 28 March 2024 Inadequate market capitalization [46]
Divi's Laboratories Bharat Electronics 30 September 2024 [47][48]
LTIMindtree Trent

Statistics

[edit]

Record values

[edit]
Category All-time highs[49]
Value Date
Closing 26,216.05 Thursday, 26 September 2024
Intraday 26,277.35 Friday, 27 September 2024

High Value Record

Record Value First Touch
1000 2 December 1999
2000 2 December 2004
3000 30 January 2006
4000 1 December 2006
5000 27 September 2007
10000 25 July 2017
15000 5 February 2021
20000 11 September 2023
25000 1 August 2024
26000 24 September 2024

Major single day falls

[edit]

Following are some of the notable single-day falls of the NIFTY 50 Index.

Date Fall Probable reason
31 March 1997 89.50 points (8.46%) Congress withdraws support to the United Front coalition government.[50][51]
28 October 1997 88.20 points (7.87%) Asian financial crisis.[52]
4 April 2000 106.65 points (6.90%) Dot-com bubble burst.[53]
14 May 2004 135.10 points (7.87%) 2004 Indian general election results.
17 May 2004 196.90 points (12.24%) 2004 Indian general election results.[54]
21 January 2008 496.50 points (8.70%) US subprime mortgage crisis.[55]
22 January 2008 309.50 points (5.94%) US subprime mortgage crisis.
24 October 2008 386 points (13.11%) Global financial crisis.[56]
24 August 2015 490.95 points (5.92%) Chinese stock market crash.[57]
9 March 2020 538.00 points (4.90%) COVID-19 pandemic.[58]
12 March 2020 868.25 points (8.30%) COVID-19 pandemic; WHO declares it a pandemic.[59]
16 March 2020 757.80 points (7.61%) COVID-19 pandemic.[60]
23 March 2020 1135.20 points (12.98%) COVID-19 pandemic.[61]
4 June 2024 1379.40 points (5.93%) The incumbent government secured fewer seats in the 2024 Indian general elections than was predicted by the exit polls.[62]

Major single day gains

[edit]

Following are some of the notable single-day gains of the NIFTY 50 Index.

Date Gain Probable reason
18 May 2009 651.50 points (17.74%) 2009 Indian general election results caused multiple trading curbs.[63]
20 September 2019 655.45 points (6.12%) Announcement of corporate tax rate cuts.[64]
25 March 2020 516.80 points (6.62%) US Senate passes a $2.2 trillion economic stimulus bill in response to the COVID-19 pandemic.[65]
7 April 2020 708.40 points (8.76%) Indications that COVID-19 cases were easing around the world.[66]
1 February 2021 646.60 points (4.74%) Union budget day by Nirmala Sitharaman.[67]

Annual returns

[edit]

The following table shows the annual development of the NIFTY 50 since 2000.[68][69] The historical daily returns data can be accessed from the NSE website.[70]

Year Closing level Change in Index
in Points 		Change in Index
in %
2000 1,263.55 −216.90 −14.65
2001 1,059.05 −204.50 −13.94
2002 1,093.50 34.45 3.25
2003 1,879.75 786.25 71.90
2004 2,080.50 200.75 10.68
2005 2,836.55 756.05 36.34
2006 3,966.40 1,129.85 39.83
2007 6,138.60 2,172.20 54.77
2008 2,959.15 −3,179.45 −51.79
2009 5,201.05 2,241.90 75.76
2010 6,134.50 933.45 17.95
2011 4,624.30 −1,510.20 −24.62
2012 5,905.10 1,280.80 27.70
2013 6,304.00 398.90 6.76
2014 8,282.70 1,978.70 31.39
2015 7,964.35 −336.35 −4.06
2016 8,185.80 239.45 3.01
2017 10,530.70 2,344.90 28.65
2018 10,862.55 331.85 3.15
2019 12,168.45 1,305.90 12.02
2020 13,981.75 1,813.30 14.90
2021 17,354.05 3,372.30 24.12
2022 18,105.30 751.25 4.32
2023 21,731.40 3621.1 20.02


Derivatives

[edit]

Trading in futures and options on the NIFTY 50 is offered by the NSE and NSE International Exchange (NSEIX).[71][72] NSE offers weekly as well as monthly expiry options. It is the most traded index option in the world.[73][12]

NSE allows international traders to trade on the NIFTY 50 by GIFT NIFTY. The same index had previously operated under the name SGX Nifty, and was traded on the Singapore Exchange. It was rebranded to GIFT Nifty on 3 July 2023 and trading was moved to the NSE International Exchange (NSEIX) situated in GIFT City, Gandhinagar.[74][8][75] The CEO of NSEIX called it a watershed moment since it was the first time India got back an international contract which had previously been exported.[75][74]

NIFTY Next 50

[edit]
Main article: NIFTY Next 50

NIFTY Next 50, also called NIFTY Junior, is an index of 50 companies whose free float market capitalisation comes after that of the companies in NIFTY 50. NIFTY Next 50 constituents are thus potential candidates for future inclusion in NIFTY 50.[76]

See also

[edit]

Notes

[edit]
  1. ^ also 18 September 1996 to 28 October 2002
  2. ^ also 22 April 1996 to 14 March 2008
  3. ^ also 24 December 1997 to 7 October 1998
  4. ^ also 8 September 1999 to 10 December 2004
  5. ^ also 22 April 1996 to 14 May 1997 and 26 May 1999 to 10 September 2008
  6. ^ also 22 April 1996 to 8 April 2010 and 25 March 2011 to 26 May 2017
  7. ^ also 22 April 1996 to 18 September 1996
  8. ^ also 22 April 1996 to 24 May 2004
  9. ^ also 18 September 1996 to 4 August 2003
  10. ^ also 22 April 1996 to 1 September 2006
  11. ^ also 17 January 2002 to 1 April 2013

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[edit]
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[edit]
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