One app for all your study abroad needs
The Stock Market is a huge player in the era of business. The value of the stock market mirrors the performance of any firm or organization. In India, the NIFTY stands as a prominent benchmark index on the NSE (National Stock Exchange). NIFTY 50 is the symbol of the nation’s economic pulse. The NIFTY full form is National Stock Exchange FIFTY. It is also referred to as NIFTY 50, NIFTY CNX, or NIFTY simple. Continue reading to learn more about NIFTY full form!
Also Read: Career in Stock Market
Formula to Calculate NIFTY
NIFTY is the broad-based stock index that routes the performance of the 50 most liquid as well as actively traded stocks. Those highly traded stocks are listed on the National Stock Exchange (NSE) of India. These stocks represent a diverse range of industries, including financials, consumer goods, IT, and energy providing a brief scenario of the economic condition of India.
Here is the formula to Calculate NIFTY:
NIFTY = Current Market Value / Base Market Capital * 1000
Also Read: What is the Full Form of NASDAQ?
List of Top Firms in NIFTY
Mentioned below is the list of Top firms included in NIFTY:
- Reliance Industries Ltd.
- HDFC Ltd.
- Infosys Ltd.
- HDFC Bank Ltd.
- ICICI Bank Ltd.
- Larsen & Toubro Ltd.
- Axis Bank Ltd.
- Kotak Mahindra Bank Ltd.
- ACC Limited
- Ambuja Cements Ltd.
Also Read: SBI Education Loan
Popular Full Forms
We hope this blog has helped you understand the NIFTY full form and everything related to it. If you want to know more, find the 300+ full forms list on our blog. In the world of short forms, you can rely on the Leverage edu page to know about more full forms like this! Connect with our study abroad experts to achieve your international dream today!