What do u meant by Nifty? and how it is calculated?
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Answer / harrie007
Barometer is to temperature and Nifty is to stock market
fluctuation.
Nifty is basically a stock index containing 50 companies.
and points of Nifty is calculated by doing average of share
prices of the 50 co.s.
| Is This Answer Correct ? | 26 Yes | 9 No |
Nifty is an index campute from the performence of top stock from different sectors listed in NSE. It contains 50
companies from 24 sectors.Nifty means National stock exchange's Fifty .The copanies which form index which very from time to time on the basis of performence of different sectors.It is same as index of bse
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / ch.bhanuchander
nifty is a index of NSE and sensex is a index of BSE.Nifty is basically a stock index containing 50 companies.NIFTY value is calculate on the basis of avg share price of the 50 companies.
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