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The S&P CNX Nifty <ref> [http://www.nseindia.com/products/content/equities/indices/s_n_p_cnx_nifty.htm\ S&P CNX Nifty] </ref> nicknamed Nifty 50 or simply Nifty is the leading index for large companies on the [[National_Stock_Exchange_of_India |National Stock Exchange of India Limited]]. The S&P CNX Nifty is a well diversified 50 stock index accounting for 22 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds. 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|CRISIL]]. ([[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|Standard & Poor's]] for co-branding equity indices.
{{about|the Indian stock market index|the set of 50 American large cap stocks|Nifty Fifty}}


⚫
The '''[[Standard & Poor's]] [[CRISIL]] [[National Stockmarket index|Index]] 50''' or '''S&P CNX Nifty''' nicknamed ''Nifty 50'' or simply ''Nifty'' (NSE: ^NSEI), is the leading [[stock market index|index]] for large companies on the [[National Stock Exchange of India]]. The Nifty is a well diversified 50 stock index accounting for 23 sectors of the [[economy]]. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and [[index fund]]s. Nifty is owned and managed by [[India Index Services and Products|India Index Services and Products Ltd]]. (IISL), which is a joint venture between NSE and CRISIL. IISL is India's first specialized company focused upon the index as a core product. IISL has a marketing and licensing agreement with Standard & Poor's.


Nifty has shaped up as the largest single financial product in India, with an ecosystem comprising: exchange traded funds (onshore and offshore), exchange-traded futures and options (at NSE in India and at SGX and CME abroad), other index funds and OTC derivatives (mostly offshore).
S&P CNX Nifty has shaped up as the 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|India]] and at SGX and CME abroad), other index funds and OTC derivatives (mostly offshore).


⚫
The S&P CNX Nifty covers 23 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio.The S&P CNX Nifty stocks represent about 60% of the total market capitalization of the National Stock Exchange (NSE).
[[Image:S&P CNX Nifty.svg|thumb|400px|right|alt=Graph of S&P CNX Nifty from January 1997 to March 2011|Graph of S&P CNX Nifty from January 1997 to March 2011]]
The index is a free float market capitalisation weighted index. From inception, the index used full market capitalisation as weight assigned to different constituents. From June 26, 2009, the index is computed based on free float methodology. As of November 2010, top four scrips in the index (Reliance Industries, Infosys Technologies, ICICI Bank and Larsen & Toubro) account for about one third of the weight in the index whereas the top eight scrips account for about half the weightage in the index.


⚫
The S&P CNX Nifty covers 22 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The S&P CNX Nifty stocks represents about 67% of the free float market capitalization of the stocks listed at National Stock Exchange (NSE) as on December 30,2011.
⚫
The base period for the S&P CNX Nifty index is November 3, 1995, which marked the completion of one year of operations of NSE's Capital Market Segment. The base value of the index has been set at 1000, and a base capital of Rs 2.06 trillion<ref>[http://www2.standardandpoors.com/spf/pdf/index/CNX_Nifty_Methodology.pdf]{{dead link|date=February 2012}}</ref>.


The S&P 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 S&P CNX Nifty index is November 3, 1995, which marked the completion of one year of operations of [[National_Stock_Exchange_of_India|NSE]]'s Capital 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| S&P CNX Nifty Index Methodology]</ref>.
The S&P CNX Nifty Index was developed by Ajay Shah and Susan Thomas.


Here is the list of 50 companies that form part of S&P CNX Nifty Index:


Here is the list of 50 companies<ref>[http://www.capitalvia.com/blog/index.php/nifty/50-companies-listed-in-nse-nifty-50/ CapitalVia Global Research Limited Blog<!-- Bot generated title -->]</ref> which are listed in S&P CNX Nifty :
{| class="wikitable sortable"
{| class="wikitable sortable"
|-
|-
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| 01 || ACC Ltd.
| 01 || ACC Ltd.
|-
|-
| 02 || Bajaj Auto
| 02 || Ambuja Cements Ltd.
|-
|-
| 03 || Bharat Heavy Electricals Ltd.
| 03 || Axis Bank Ltd.
|-
|-
| 04 || Bharat Petroleum Corporation Ltd.
| 04 || Bajaj Auto Ltd.
|-
|-
| 05 || Bharti Airtel Ltd.
| 05 || Bharat Heavy Electricals Ltd.
|-
|-
| 06 || Cipla Ltd.
| 06 || Bharat Petroleum Corporation Ltd.
|-
|-
| 07 || Dabur
| 07 || Bharti Airtel Ltd.
|-
|-
| 08 || Dr. Reddy's Laboratories
| 08 || Cairn India Ltd.
|-
|-
| 09 || GAIL (India) Ltd.
| 09 || Cipla Ltd.
|-
|-
| 10 || GlaxoSmithKline
| 10 || Coal India Ltd.
|-
|-
| 11 || Grasim Industries
| 11 || DLF Ltd.
|-
|-
| 12 || Gujarat Ambuja Cements
| 12 || Dr. Reddy's Laboratories Ltd.
|-
|-
| 13 || HCL Technologies Ltd.
| 13 || GAIL (India) Ltd.
|-
|-
| 14 || Housing Development Finance Corporation Ltd.
| 14 || Grasim Industries Ltd.
|-
|-
| 15 || HDFC Bank Ltd.
| 15 || HCL Technologies Ltd.
|-
|-
| 16 || Hero MotoCorp Ltd.
| 16 || HDFC Bank Ltd.
|-
|-
| 17 || Hindalco Industries Ltd.
| 17 || Hero MotoCorp Ltd.
|-
|-
| 18 || Hindustan Unilever Ltd.
| 18 || Hindalco Industries Ltd.
|-
|-
| 19 || Hindustan Petroleum
| 19 || Hindustan Unilever Ltd.
|-
|-
| 20 || ICICI Bank Ltd.
| 20 || Housing Development Finance Corporation Ltd.
|-
|-
| 21 || Indian Petrochemicals
| 21 || I T C Ltd.
|-
|-
| 22 || Infosys Technologies Ltd.
| 22 || ICICI Bank Ltd.
|-
|-
| 23 || ITC Ltd.
| 23 || Infosys Ltd.
|-
|-
| 24 || Infrastructure Development Finance Co. Ltd.
| 24 || JET Airways
|-
|-
| 25 || Larsen & Toubro Ltd.
| 25 || Jaiprakash Associates Ltd.
|-
|-
| 26 || MTNL
| 26 || Jindal Steel & Power Ltd.
|-
|-
| 27 || Mahindra & Mahindra Ltd.
| 27 || Kotak Mahindra Bank Ltd.
|-
|-
| 28 || Mahindra Satyam
| 28 || Larsen & Toubro Ltd.
|-
|-
| 29 || Maruti Udyog
| 29 || Mahindra & Mahindra Ltd.
|-
|-
| 30 || National Aluminium Company
| 30 || Maruti Suzuki India Ltd.
|-
|-
| 31 || NIIT
| 31 || NTPC Ltd.
|-
|-
| 32 || Oil & Natural Gas Corporation Ltd.
| 32 || Oil & Natural Gas Corporation Ltd.
|-
|-
| 33 || Oriental Bank of Commerce
| 33 || Power Grid Corporation of India Ltd.
|-
|-
| 34 || Punjab National Bank
| 34 || Punjab National Bank
Line 88: Line 91:
| 36 || Reliance Communications Ltd.
| 36 || Reliance Communications Ltd.
|-
|-
| 37 || Reliance Energy
| 37 || Reliance Industries Ltd.
|-
|-
| 38 || Reliance Industries
| 38 || Reliance Infrastructure Ltd.
|-
|-
| 39 || Siemens Ltd.
| 39 || Reliance Power Ltd.
|-
|-
| 40 || State Bank of India
| 40 || Sesa Goa Ltd.
|-
|-
| 41 || Steel Authority of India Ltd.
| 41 || Siemens Ltd.
|-
|-
| 42 || Sun Pharmaceutical Industries Ltd.
| 42 || State Bank of India
|-
|-
| 43 || Suzlon Energy Ltd.
| 43 || Steel Authority of India Ltd.
|-
|-
| 44 || Tata Consultancy Services Ltd.
| 44 || Sterlite Industries (India) Ltd.
|-
|-
| 45 || Tata Motors Ltd.
| 45 || Sun Pharmaceutical Industries Ltd.
|-
|-
| 46 || Tata Power Co. Ltd.
| 46 || Tata Consultancy Services Ltd.
|-
|-
| 47 || Tata Steel Ltd.
| 47 || Tata Motors Ltd.
|-
|-
| 48 || VSNL
| 48 || Tata Power Co. Ltd.
|-
|-
| 49 || Wipro Ltd.
| 49 || Tata Steel Ltd.
|-
|-
| 50 || Zee
| 50 || Wipro Ltd.
|}
|}


==See also==
==See also==
⚫
* [[CRISIL]]
* [[India Index Services and Products|India Index Services and Products Ltd]]
* [[India Index Services and Products|India Index Services and Products Ltd]]
⚫
* [[CRISIL]]
* [[National Stock Exchange of India|NSE]]
* [[National Stock Exchange of India|NSE]]
* [[Standard & Poor's]]
* [[Standard & Poor's]]

* [[Index Fund]]


==References==
==References==
Line 128: Line 131:


==External links==
==External links==
* [http://www.nse-india.com/content/indices/ind_nifty.htm Official Homepage]
* [http://www.nseindia.com/products/content/equities/indices/s_n_p_cnx_nifty.htm Official Homepage]
* [http://www.nseindia.com/products/content/equities/indices/historical_index_data.htm Historical S&P CNX Nifty Index values]
* [http://www.nse-india.com/content/indices/ind_niftychanges.csv List of historical changes to constituent list] <!-- Wikipedia editors: use this list to get updated list of constituents and dates of changes -->

* [http://finance.yahoo.com/q?s=^NSEI&d=t Summary for S&P CNX Nifty] - Performance and statistics from [[Yahoo!]] Finance

* [http://sgxniftylive.co.in/ SGX Nifty Live ]
* [http://sgxniftylive.co.in/NiftyLive.php Nifty Live ]


{{Asian Stock market indexes}}
{{Asian Stock market indexes}}
{{S&P CNX Nifty companies}}


{{DEFAULTSORT:S&P Cnx Nifty}}
{{DEFAULTSORT:S&P Cnx Nifty}}

Revision as of 09:37, 23 February 2012

The S&P CNX Nifty [1] nicknamed Nifty 50 or simply Nifty is the leading index for large companies on the National Stock Exchange of India Limited. The S&P CNX Nifty is a well diversified 50 stock index accounting for 22 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds. Nifty is owned and managed by India Index Services and Products Ltd. (IISL), which is a joint venture between NSE and CRISIL. (IISL) is India's first specialized company focused upon the index as a core product. (IISL) has a marketing and licensing agreement with Standard & Poor's for co-branding equity indices.


S&P CNX Nifty has shaped up as the largest single financial product in India, with an ecosystem comprising: exchange traded funds (onshore and offshore), exchange-traded futures and options (at NSE in India and at SGX and CME abroad), other index funds and OTC derivatives (mostly offshore).


The S&P CNX Nifty covers 22 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The S&P CNX Nifty stocks represents about 67% of the free float market capitalization of the stocks listed at National Stock Exchange (NSE) as on December 30,2011.


The S&P 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 S&P CNX Nifty index is November 3, 1995, which marked the completion of one year of operations of NSE's Capital Market Segment. The base value of the index has been set at 1000, and a base capital of Rs 2.06 trillion [2]. The S&P CNX Nifty Index was developed by Ajay Shah and Susan Thomas.


Here is the list of 50 companies that form part of S&P CNX Nifty Index:

S.No. Listed Company
01 ACC Ltd.
02 Ambuja Cements Ltd.
03 Axis Bank Ltd.
04 Bajaj Auto Ltd.
05 Bharat Heavy Electricals Ltd.
06 Bharat Petroleum Corporation Ltd.
07 Bharti Airtel Ltd.
08 Cairn India Ltd.
09 Cipla Ltd.
10 Coal India Ltd.
11 DLF Ltd.
12 Dr. Reddy's Laboratories Ltd.
13 GAIL (India) Ltd.
14 Grasim Industries Ltd.
15 HCL Technologies Ltd.
16 HDFC Bank Ltd.
17 Hero MotoCorp Ltd.
18 Hindalco Industries Ltd.
19 Hindustan Unilever Ltd.
20 Housing Development Finance Corporation Ltd.
21 I T C Ltd.
22 ICICI Bank Ltd.
23 Infosys Ltd.
24 Infrastructure Development Finance Co. Ltd.
25 Jaiprakash Associates Ltd.
26 Jindal Steel & Power Ltd.
27 Kotak Mahindra Bank Ltd.
28 Larsen & Toubro Ltd.
29 Mahindra & Mahindra Ltd.
30 Maruti Suzuki India Ltd.
31 NTPC Ltd.
32 Oil & Natural Gas Corporation Ltd.
33 Power Grid Corporation of India Ltd.
34 Punjab National Bank
35 Ranbaxy Laboratories Ltd.
36 Reliance Communications Ltd.
37 Reliance Industries Ltd.
38 Reliance Infrastructure Ltd.
39 Reliance Power Ltd.
40 Sesa Goa Ltd.
41 Siemens Ltd.
42 State Bank of India
43 Steel Authority of India Ltd.
44 Sterlite Industries (India) Ltd.
45 Sun Pharmaceutical Industries Ltd.
46 Tata Consultancy Services Ltd.
47 Tata Motors Ltd.
48 Tata Power Co. Ltd.
49 Tata Steel Ltd.
50 Wipro Ltd.

See also


References

  1. ^ S&P CNX Nifty
  2. ^ S&P CNX Nifty Index Methodology


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