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 the base date of 3 November 1995.[1][5][6]
Foundation | 22 April 1996 |
---|---|
Operator | NSE Indices |
Exchanges | National Stock Exchange of India |
Trading symbol | ^NSEI |
Constituents | 50 |
Type | Large cap |
Weighting method | Free-float capitalization-weighted |
Related indices | NIFTY Next 50 NIFTY 500 |
Website | www |
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]
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.[12][6]
Methodology
editThe NIFTY 50 index is a free float market capitalisation-weighted index.
Stocks are added to the index based on the following criteria:[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.
- 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.[13] 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][14]
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
editThe Nifty 50 has the following constituents, as of 30 September 2024.
Company name | Symbol | Sector[15] | Date added[16] |
---|---|---|---|
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
editChanges in index constituents since Nifty 50 adopted free float criteria in 2009:
Statistics
editRecord values
editCategory | All-time highs[47] | |
---|---|---|
Value | Date | |
Closing | 26,216.05 | Thursday, 26th September 2024 |
Intraday | 26,277.35 | Friday, 27th September 2024 |
High Value Record
Record Value | First Touch |
---|---|
1000 | 2nd December 1999 |
2000 | 2nd December 2004 |
3000 | 30th January 2006 |
4000 | 1st December 2006 |
5000 | 27th September 2007 |
10000 | 25th July 2017 |
15000 | 5th February 2021 |
20000 | 11th September 2023 |
25000 | 1st August 2024 |
26000 | 24th September 2024 |
Major single day falls
editFollowing 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.[48][49] |
28 October 1997 | 88.20 points (7.87%) | Asian financial crisis.[50] |
4 April 2000 | 106.65 points (6.90%) | Dot-com bubble burst.[51] |
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.[52] |
21 January 2008 | 496.50 points (8.70%) | US subprime mortgage crisis.[53] |
22 January 2008 | 309.50 points (5.94%) | US subprime mortgage crisis. |
24 October 2008 | 386 points (13.11%) | Global financial crisis.[54] |
24 August 2015 | 490.95 points (5.92%) | Chinese stock market crash.[55] |
9 March 2020 | 538.00 points (4.90%) | COVID-19 pandemic.[56] |
12 March 2020 | 868.25 points (8.30%) | COVID-19 pandemic; WHO declares it a pandemic.[57] |
16 March 2020 | 757.80 points (7.61%) | COVID-19 pandemic.[58] |
23 March 2020 | 1135.20 points (12.98%) | COVID-19 pandemic.[59] |
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.[60] |
Major single day gains
editFollowing 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.[61] |
20 September 2019 | 655.45 points (6.12%) | Announcement of corporate tax rate cuts.[62] |
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.[63] |
7 April 2020 | 708.40 points (8.76%) | Indications that COVID-19 cases were easing around the world.[64] |
1 February 2021 | 646.60 points (4.74%) | Union budget day by Nirmala Sitharaman.[65] |
Annual returns
editThe following table shows the annual development of the NIFTY 50 since 2000.[66][67] The historical daily returns data can be accessed from the NSE website.[68]
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
editTrading in futures and options on the NIFTY 50 is offered by the NSE and NSE International Exchange (NSEIX).[69][70] NSE offers weekly as well as monthly expiry options. It is the second most traded index option in the world after Nifty Bank.[71]
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.[72][8][73] 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.[73][72]
NIFTY Next 50
editNIFTY 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.[74]
See also
editNotes
edit- ^ also 18 September 1996 to 28 October 2002
- ^ also 22 April 1996 to 14 March 2008
- ^ also 24 December 1997 to 7 October 1998
- ^ also 8 September 1999 to 10 December 2004
- ^ also 22 April 1996 to 14 May 1997 and 26 May 1999 to 10 September 2008
- ^ also 22 April 1996 to 8 April 2010 and 25 March 2011 to 26 May 2017
- ^ also 22 April 1996 to 18 September 1996
- ^ also 22 April 1996 to 24 May 2004
- ^ also 18 September 1996 to 4 August 2003
- ^ also 22 April 1996 to 1 September 2006
- ^ also 17 January 2002 to 1 April 2013
References
edit- ^ a b c d e f "NSE Indices" (PDF). National Stock Exchange of India. Archived (PDF) from the original on 12 April 2024. Retrieved 13 April 2024.
- ^ "Broadmarket indices – NIFTY 50 Index". National Stock Exchange of India. Archived from the original on 21 April 2019. Retrieved 4 March 2023.
- ^ "Corporate structure". National Stock Exchange of India. Archived from the original on 25 July 2020. Retrieved 25 June 2020.
- ^ "About NSE Indices". National Stock Exchange of India. Archived from the original on 13 January 2020. Retrieved 8 July 2024.
- ^ "Nifty's journey from 1,000 to 10,000: Brief history and major milestones". Financialexpress. 25 July 2017. Retrieved 9 November 2024.
- ^ a b "Nifty Indices".
- ^ "NSE Equity Derivatives Contract Specifications". National Stock Exchange of India. Archived from the original on 16 August 2019. Retrieved 16 August 2019.
- ^ a b Taparia, Vidhi (10 July 2023). "What is 'GIFT Nifty' — the new avatar of the India-Singapore joint stock exchange, now in Gujarat". ThePrint. Archived from the original on 4 September 2023. Retrieved 12 April 2024.
- ^ Sudhin, Serah (September 2017). "The Journey of Nifty-Fifty" (PDF). International Journal of Academic Research and Development. 2 (5): 4. ISSN 2455-4197. Archived from the original (PDF) on 7 January 2021. Retrieved 6 January 2021.
- ^ "Nifty Options most actively traded globally for index options in 2015". Business Today. 13 May 2016. Retrieved 13 August 2024.
- ^ Raj, Shubham (19 January 2022). "NSE largest derivatives exchange for 3rd year, Nifty Bank most traded index option". The Economic Times. Retrieved 13 August 2024.
- ^ https://nsearchives.nseindia.com/web/sites/default/files/inline-files/Transcript_Nov_5_V5.pdf.
{{cite web}}
: Missing or empty|title=
(help) - ^ "Free float m-cap to decide Nifty value". The Economic Times. 25 March 2009. ISSN 0013-0389. Archived from the original on 12 April 2024. Retrieved 12 April 2024.
- ^ "NSE – National Stock Exchange of India Ltd". Nseindia.com. Archived from the original on 1 July 2022. Retrieved 18 May 2016.
- ^ "Index Constituent - Nifty 50". NSE Indices. Archived from the original on 24 May 2024. Retrieved 1 July 2024.
- ^ "Index Inclusion Exclusion". NSE Indices. Archived from the original on 9 June 2024. Retrieved 15 February 2024.
- ^ Bhayani, Rajesh (21 January 2013). "Nifty, Sensex a long way from truly representing the economy". Business Standard. Archived from the original on 24 February 2024. Retrieved 13 February 2024.
- ^ "Nifty-50 to include Sesa Goa, Bajaj Auto, Dr Reddy's from Oct 1". Business Standard. 30 September 2010. Archived from the original on 21 December 2021. Retrieved 21 December 2021.
- ^ "Grasim replaces Suzlon in Nifty". Business Line. 10 February 2011. Archived from the original on 21 December 2021. Retrieved 22 December 2021.
- ^ "Coal India to replace Reliance Capital stock in Nifty 50 from Oct 10". The Economic Times. 25 August 2011. Archived from the original on 21 December 2021. Retrieved 21 December 2021.
- ^ "RCom, RPower to go out of Nifty-50 from April 27". Business Line. 14 November 2017. Archived from the original on 9 June 2024. Retrieved 21 December 2021.
- ^ "SAIL, Sterlite make way for UltraTech, Lupin on Nifty". Hindustan Times. 27 September 2012. Archived from the original on 21 December 2021. Retrieved 21 December 2021.
- ^ Shah, Ami (14 February 2013). "Wipro, Siemens to be excluded from Nifty from 1 April". Mint. Archived from the original on 24 February 2024. Retrieved 27 January 2024.
- ^ "Wipro to enter Nifty from September 27; Reliance Infrastructure to exit". The Economic Times. 27 August 2013. Archived from the original on 21 December 2021. Retrieved 21 December 2021.
- ^ "Ranbaxy, JP Associates to exit Nifty from Mar 28". Business Standard. 27 February 2014. Archived from the original on 21 December 2021. Retrieved 21 December 2021.
- ^ "Zee Entertainment to Replace United Spirits in Nifty From September 19". NDTV. 20 August 2014. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ "DLF, JSPL shares fall on exit from Nifty from March 27". The Economic Times. 23 February 2015. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ "IDFC to exit Nifty index; Bosch new replacement". The Economic Times. 29 April 2014. Archived from the original on 24 February 2024. Retrieved 27 January 2024.
- ^ "Adani Ports to replace NMDC on Nifty from September 28". The Economic Times. 12 August 2015. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ "NSE exchange to add 4 companies, drop Cairn India, Vedanta, PNB from index". The Economic Times. 23 February 2016. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ "IOC, IBHFL to replace Idea, BHEL in NSE Nifty50 from March 31". Business Standard. 16 February 2017. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ "Grasim out, Vedanta in Nifty 50 index". Business Line. 12 January 2018. Archived from the original on 21 December 2021. Retrieved 21 December 2021.
- ^ a b "Divi's Labs And SBI Life Enter Nifty 50, Zee And Bharti Infratel Out". BloombergQuint. 20 August 2020. Archived from the original on 25 September 2020. Retrieved 15 September 2020.
- ^ "Nifty Rejig: Ambuja, Aurobindo & Bosch Out; Grasim, Titan & Bajaj Finserv Included". Moneycontrol. 22 February 2018. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ Burugula, Pavan (29 August 2018). "JSW Steel to replace pharma firm Lupin in Nifty 50 from September 28". Business Standard. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ "Britannia to replace Hindustan Petroleum in Nifty 50 from 29 March". Mint. 25 February 2019. Archived from the original on 27 September 2019. Retrieved 27 September 2019.
- ^ Staff Writer (28 August 2019). "Nestle India to be included in NSE Nifty 50 Index". Mint. Archived from the original on 27 September 2019. Retrieved 27 September 2019.
- ^ "Yes Bank to be excluded from Nifty 50, Nifty bank from Thursday". Mint. 16 March 2020. Archived from the original on 20 December 2021. Retrieved 20 December 2021.
- ^ "HDFC Life replaces Vedanta in Nifty; SBI Card enters 5 indices". The Economic Times. Archived from the original on 24 October 2021. Retrieved 2 March 2022.
- ^ "Tata Consumer Products To Replace GAIL In Nifty 50 From March 31". BloombergQuint. Archived from the original on 24 June 2021. Retrieved 18 June 2021.
- ^ "Apollo Hospitals To Replace Indian Oil In Nifty 50 From March 31". BloombergQuint. Archived from the original on 20 March 2022. Retrieved 17 March 2022.
- ^ "Adani Enterprises to be included in Nifty 50, replaces Shree Cement". Business Today. 1 September 2022. Archived from the original on 28 October 2022. Retrieved 28 October 2022.
- ^ "NSE to replace HDFC with LTIMindtree in Nifty 50 index". The Times of India. 4 July 2023. Archived from the original on 12 July 2023. Retrieved 16 September 2023.
- ^ "Shriram Finance to replace UPL in Nifty from March 28". The Economic Times. 29 February 2024. Archived from the original on 9 June 2024. Retrieved 27 March 2024.
- ^ Kumar, Shivendra (23 August 2024). "Nifty50 rejig: Trent, Bharat Electronics enter, LTIMindtree, Divi's Labs make exit". The Economic Times. ISSN 0013-0389. Archived from the original on 24 August 2024. Retrieved 25 August 2024.
- ^ "Replacements in indices and revision in criteria" (PDF). NSE Indices. Mumbai. 23 August 2024. Archived (PDF) from the original on 25 August 2024. Retrieved 25 August 2024.
- ^ "Share Market Highlights 20th September 2024: Sexsex rises by 1.63%, Nifty gains and closes at 25,790.95". Business Line. 20 September 2024. Archived from the original on 21 September 2024. Retrieved 22 September 2024.
- ^ "Shares fall 11 % in worst intraday plunge, trading halted". The Economic Times. 22 January 2008. Retrieved 14 April 2024.
- ^ "Indian exchanges fall as world stocks tumble". Rediff. Retrieved 14 April 2024.
- ^ "Nifty Sheds 88 Pts, 181 Scrips At 52-Week Lows". Business Standard. 29 October 1997. Archived from the original on 4 June 2024. Retrieved 4 June 2024.
- ^ "Second-biggest fall in Sensex as panic grips bourses". Rediff. 4 April 2000. Retrieved 14 September 2024.
- ^ "UBS barred for 1 year". Business Standard. 18 May 2005. Retrieved 14 September 2024.
- ^ "Investors lose $170 billion as Indian equities crash". India Today. 21 January 2008. Retrieved 14 September 2024.
- ^ "Hopes shattered; Nifty ends 13% down". The Economic Times. 24 October 2008. Retrieved 14 September 2024.
- ^ "Global mayhem: Sensex crashes 1624 pts; Nifty breaches 7900". Moneycontrol. Retrieved 21 December 2017.
- ^ "Market Wrap, March 9: Sensex dips 1942 pts, Nifty at 10,451". Business Standard India. 9 March 2020. Archived from the original on 27 August 2020. Retrieved 6 October 2020.
- ^ "Sensex, Nifty suffer biggest one-day fall amid global sell off". Thehindubusinessline.com. 12 March 2020. Archived from the original on 9 June 2024. Retrieved 6 October 2020.
- ^ "Market Wrap, March 16: Sensex tanks 2,713 pts, Nifty ends at 9,199". Business Standard India. 16 March 2020. Archived from the original on 9 October 2020. Retrieved 6 October 2020.
- ^ Guha, Ishita (23 March 2020). "Key indices suffer massive sell-off; Sensex ends down nearly 4,000 points". Livemint.com. Archived from the original on 26 November 2020. Retrieved 6 October 2020.
- ^ Deva, Pranati (4 June 2024). "Immediate support for Nifty at 21,200? Experts outline key levels to watch out for after today's market crash". Mint. Archived from the original on 4 June 2024. Retrieved 4 June 2024.
- ^ "Sensex creates history; two upper circuits in one day". The Economic Times. 18 May 2009. Retrieved 14 April 2024.
- ^ "Nirmala Sitharaman press conference highlights: Corporate tax relief to help stabilise economy, says Tech Mahindra's Gurnani". Moneycontrol.
- ^ Matkar, Sunil Shankar (25 March 2020). "Stimulus hope helps Sensex post 3rd biggest single-day gain, but experts are not convinced". Moneycontrol. Retrieved 13 September 2024.
- ^ Shah, Ami (7 April 2020). "Sensex, Nifty post biggest single-day gain; Rs 7.9 lakh crore added". The Economic Times. Archived from the original on 13 June 2020. Retrieved 10 June 2020.
- ^ Times, The Economic (2 February 2021). "Budget 2021 Key Takeaways: Spending boost to lift pandemic-hit economy, new cess to finance agri infra". The Economic Times.
- ^ "India: annual nifty 50 returns 2023". Statista. Retrieved 9 June 2024.
- ^ "Nifty 50 returns - 20 years worth of powerful, downloadable data". 9 September 2020. Retrieved 9 June 2024.
- ^ "NSE - Historical Index Data". National Stock Exchange of India. Archived from the original on 11 January 2021.
- ^ "National Stock Exchange of India Ltd". National Stock Exchange of India. 1 April 2013. Archived from the original on 16 August 2019. Retrieved 28 June 2020.
- ^ "SGX Derivatives Products Nifty Indices Futures and Options Product Information". Singapore Exchange Ltd. Archived from the original on 5 August 2020. Retrieved 16 August 2019.
- ^ "WFE Derivatives Report 2021" (PDF). World Federation of Exchanges. April 2022. Archived from the original on 4 October 2023.
{{cite web}}
: CS1 maint: unfit URL (link) - ^ a b Bhadoria, Sharmila (2 July 2023). "Explained: SGX Nifty to become GIFT Nifty from tomorrow; what it means for India". The Mint. Archived from the original on 2 July 2023. Retrieved 12 April 2024.
- ^ a b Sharma, Ajaya (17 May 2023). "Shift of SGX Nifty to NSE-IFSC exchange to be a watershed moment in history of India: V Balasubramaniam". The Economic Times. ISSN 0013-0389. Archived from the original on 21 July 2023. Retrieved 12 April 2024.
- ^ "Nifty Next 50 Factsheet - NSE Indices" (PDF). NSE Indices. 28 March 2024. Archived (PDF) from the original on 12 April 2024. Retrieved 13 April 2024.