Author: Sachinkumar Sonagara

Nifty 50 is a stock market index in India that represents the performance of the 50 largest and most actively traded companies listed on the National Stock Exchange (NSE). It is one of the leading benchmark indices for the Indian equity market. The Nifty 50 index is owned and managed by India Index Services and Products Ltd. (IISL), which is a subsidiary of the NSE. It was launched on April 22, 1996, and is calculated using the free float market capitalization weighted methodology, which means that the index reflects the total market value of the constituent stocks taking into account…