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What is the full form of NIFTY


NIFTY: National Stack Exchange Fifty

NIFTY stands for National stock exchange FIFTY. It is also known as CNX Nifty, Nifty 50 or simple Nifty. It is a leading index for large companies on the National Stock Exchange in India. It contains 50 stock exchanges accounting for 23 sectors of the economy.

NIFTY full form

Usage

NIFTY is used as for a variety of purposes. Some are:

  • Benchmarking fund portfolios
  • Index based derivatives
  • Index funds etc.

Nifty is owned and managed by India Index Services and Products Ltd. (IISL) that is a joint venture between NSE and CRISIL.

Top companies included in NIFTY

  • ACC Limited
  • Ambuja Cements Ltd.
  • Asian Paints Ltd.
  • Axis Bank Ltd.
  • Bajaj Auto Ltd.
  • Bank of Baroda
  • Bharat Heavy Electricals Limited
  • Bharat Petroleum Corporation
  • Bharti Airtel Ltd.
  • Cairn India Ltd.
  • Cipla Ltd.
  • Coal India Ltd.
  • Dr. Reddy's Laboratories Ltd.
  • GAIL (India) Ltd.
  • Grasim Industries Ltd.
  • HCL Technologies Ltd.
  • HDFC Bank Ltd.
  • Hero MotoCorp Ltd.
  • Hindalco Industries Ltd.
  • Hindustan Unilever Ltd.
  • Housing Development Finance Corporation Ltd.
  • ICICI Bank Ltd.
  • Idea Cellular Ltd.
  • IDFC Ltd.
  • IndusInd Bank Ltd.
  • Infosys Ltd.
  • ITC Limited
  • Kotak Mahindra Bank Ltd.
  • Larsen & Toubro Ltd.
  • Lupin Limited
  • Mahindra & Mahindra Ltd.
  • Maruti Suzuki India Ltd.
  • NMDC Limited
  • NTPC Limited
  • Oil & Natural Gas Corporation Ltd.
  • PowerGrid Corporation of India Ltd.
  • Punjab National Bank
  • Reliance Industries Ltd.
  • Sesa Sterlite Limited
  • State Bank of India
  • Sun Pharmaceutical Industries Ltd.
  • Tata Consultancy Services Ltd.
  • Tata Motors Ltd.
  • Tata Power Co. Ltd.
  • Tata Steel Ltd.
  • Tech Mahindra Ltd.
  • UltraTech Cement Ltd.
  • Wipro
  • Yes Bank Ltd.
  • Zee Entertainment Enterprises Ltd.
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