Moneycontrol PRO
you are here: HomeNewsNifty

Nifty

Nifty is a market index that was introduced by the National Stock Exchange in April 1996. It’s a blend of two words-National Stock Exchange (NSE) and Fifty. It is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.It is one of the two main stock indices used in India, the other being the BSE SENSEX. The base value of the index has been set at 1000 and the base capital of Rs 2.06 trillion. It was initially calculated on a full market capitalization methodology but in 2009 the computation was changed to a free float methodology. The base period for the NIFTY 50 index is November 3 1995, which marked the completion of one year of operations of the National Stock Exchange Equity Market Segment. Nifty 50 index has shaped up to be the largest consisting of exchange-traded funds (onshore and offshore) and exchange-traded options at NSE. It is the world’s most actively traded contract. As of April 2021, the index covers 13 sectors of the Indian Economy and offers investment managers exposure to the Indian market in one portfolio. It also has sectoral indices like NIFTY Bank, NIFTY IT, NIFTY Auto, NIFTY Pharma etc. More

Jump to
  • Technical View | Nifty forms Doji pattern, needs to sustain above 18,600 for upward direction June 06, 2023 05:27 PM IST

    Technical View | Nifty forms Doji pattern, needs to sustain above 18,600 for upward direction

    On the four-hourly charts, the index has formed bullish candlestick pattern, which somewhat resembles Bullish Engulfing kind of pattern formation, which is a positive sign.

  • Taking Stock: Market ends flat amid volatility; RBI begins 3-day meeting June 06, 2023 04:05 PM IST

    Taking Stock: Market ends flat amid volatility; RBI begins 3-day meeting

    Among sectors, auto and realty gained 1 percent, while information technology index shed 1.5 percent.

  • Sensex Falls 200 Points, Nifty Below 18,600| IT Stocks & BSE In Focus | Closing Bell June 06, 2023 03:32 PM IST

    Sensex Falls 200 Points, Nifty Below 18,600| IT Stocks & BSE In Focus | Closing Bell

    Sensex and Nifty fell marginally on Tuesday as a slide in information technology stocks overshadowed the gains in auto and realty amid hopes of a rate hike pause by the U.S. Federal Reserve and Reserve Bank of India heading into their policy meetings. Four of the 13 sectoral indexes advanced, with auto rising 0.7%. The auto index hit a new record for the third session in a row following robust May sales data. The gains were offset by the slide in high-weightage information technology (IT) stocks, which lost over 1%. Tech Mahindra Ltd, Infosys Ltd, HCLTech Ltd, Wipro Ltd and Tata Consultancy Services Ltd, were among the top Nifty 50 losers. Nandita Khemka & Yatin Mota discusses the newsmakers on their radar including IT stocksonly on closing bell.

  • NSE Shifts Nifty bank futures & options expiry day to Friday; decoding the impact | NSE Vs BSE June 06, 2023 01:01 PM IST

    NSE Shifts Nifty bank futures & options expiry day to Friday; decoding the impact | NSE Vs BSE

    The NSE has changed the expiry for Bank Nifty Futures and Options (F&O) to Friday instead of Thursday. This will come into effect from 7th July. So now, there is the Nifty Financial expiry on Tuesday, Nifty Midcap Select on Wednesday, Nifty 50 on Thursday and Bank Nifty on Friday. The NSE’s latest move will be a blow to BSE’s recently launched weekly options contracts in the Sensex and Bankex contracts, which have a Friday expiry. Will NSE's move hurt BSE's F&O gameplan?

  • Nifty near day's low; IT stocks worst hit; autos race ahead, cement abuzz | Mid-day Mood Check June 06, 2023 12:35 PM IST

    Nifty near day's low; IT stocks worst hit; autos race ahead, cement abuzz | Mid-day Mood Check

    Nifty below the 18,600 mark. Mid & smallcaps fall in tandem. Ultratech, Axis Bank, Maruti, Tata Motors, Kotak Bank among the Nifty top gainers and Tech Mah, Infosys, TCS, HCL Tech & Wipro among the Nifty losers. Catch this mid-day market mood check between Nandita Khemka & Yatin Mota to know more about all the buzzing stocks in today’s session!

  • F&O Manual: Amid consolidation in Nifty, IT stocks get beaten up, cement firms up June 06, 2023 12:05 PM IST

    F&O Manual: Amid consolidation in Nifty, IT stocks get beaten up, cement firms up

    Weekly option data for Nifty shows accumulation of calls at 18,600 – a signal that the level may emerge as a big hurdle for the index for this week.

  • Morgan Stanley sees Sensex at 68,500 by Dec on cool-off in commodities, rate hike pause June 06, 2023 11:56 AM IST

    Morgan Stanley sees Sensex at 68,500 by Dec on cool-off in commodities, rate hike pause

    Morgan Stanley expects Sensex to reach 68,500 by December, a potential increase of 10 percent from the current level and expects the index will trade at a trailing price to earnings multiple of 20.5 times compared to 25 year average of 20x

  • NSE changes Nifty Bank F&O expiry to Friday: What does it mean for BSE? June 06, 2023 05:26 PM IST

    NSE changes Nifty Bank F&O expiry to Friday: What does it mean for BSE?

    The first Friday expiry for Nifty Bank Futures and Options will be on July 14.

  • Indian equity markets to extend global rally; IKIO lighting IPO in focus | OPENING BELL June 06, 2023 09:08 AM IST

    Indian equity markets to extend global rally; IKIO lighting IPO in focus | OPENING BELL

    Indian equity markets poised for a gap up opening. Stocks that are expected to be in limelight include Oil Marketing Companies, Wipro, Zydus Life Sciences amongst others. Catch @OnlyNickey in conversation with Sudeep Shah, Deputy Vice President, Head of Technical & Derivatives Research (Equity & Currency) at SBI Securities.

  • Daily Voice | Limit exposure to metals, energy sectors given global uncertainties, says Gaurav Dua of Sharekhan June 06, 2023 08:29 AM IST

    Daily Voice | Limit exposure to metals, energy sectors given global uncertainties, says Gaurav Dua of Sharekhan

    Nifty has broken out of the 2,000 points range of 16,000-18,000 level and the market seems to be set to scale new peak in H2 of 2023.

  • Hot Stocks | NELCO, Nuvoco Vistas, Orient Cement may fetch double-digit returns in short term June 06, 2023 07:24 AM IST

    Hot Stocks | NELCO, Nuvoco Vistas, Orient Cement may fetch double-digit returns in short term

    Nuvoco Vistas Corporation has broken out on the daily chart from the downward sloping trendline, adjoining the highs of September 20, 2022 and February 8, 2023.

  • Closing Bell: Sensex, Nifty end flat amid volatility; IT index major drag June 06, 2023 04:24 PM IST

    Closing Bell: Sensex, Nifty end flat amid volatility; IT index major drag

    The BSE midcap index rose 0.3 percent and smallcap index added 0.5 percent.

  • Trade Spotlight | How should you trade in Rossari Biotech, NLC India, eClerx Services today June 06, 2023 07:13 AM IST

    Trade Spotlight | How should you trade in Rossari Biotech, NLC India, eClerx Services today

    eClerx Services has also formed strong bullish candlestick pattern on the daily charts with above average volumes as the stock jumped more than 6 percent to Rs 1,715, the highest closing level since January 20, 2022. The stock has seen a breakout of last four-day consolidation.

  • Trade setup for today: Top 15 things to know before the opening bell June 06, 2023 08:09 AM IST

    Trade setup for today: Top 15 things to know before the opening bell

    Based on the OI percentage, 53 stocks including Oracle Financial, India Cements, Indiabulls Housing Finance, Lupin and Deepak Nitrite saw long buildups.

  • Why this CIO believes that Nifty hitting 100,000 isn’t a joke June 05, 2023 10:40 PM IST

    Why this CIO believes that Nifty hitting 100,000 isn’t a joke

    Complete  Circle Wealth’s Gurmeet Chadha pointed out how the human mind fails to grasp exponential growth

  • F&O Manual: Expect consolidation in the next session as data gives mixed signals June 05, 2023 07:59 PM IST

    F&O Manual: Expect consolidation in the next session as data gives mixed signals

    The 18,700 level becomes an In-the-Money option signalling bullishness for the week, said analysts.

  • Technical View | Consolidation phase in Nifty may continue with hurdle at 18,700 on higher side June 05, 2023 05:28 PM IST

    Technical View | Consolidation phase in Nifty may continue with hurdle at 18,700 on higher side

    Auto was the star performer among key sectoral indices, rising moe than a percent. Buying was also seen in select banking and financial services, metal and pharma stocks

  • India Inc's operating margins improve after two weak quarters June 05, 2023 05:15 PM IST

    India Inc's operating margins improve after two weak quarters

    A Moneycontrol analysis of 148 companies of BSE200 Index that have reported their earnings for the March quarter shows aggregate net sales have increased by 12.3 percent YoY

  • Taking Stock: Nifty ends near 18,600; Sensex gains 241 points; auto, capital goods shine June 05, 2023 07:32 PM IST

    Taking Stock: Nifty ends near 18,600; Sensex gains 241 points; auto, capital goods shine

    The BSE midcap index gained 0.3 percent and smallcap index rose 0.5 percent.

  • LIVE: Sensex, Nifty trade higher amid gains in auto stocks; Tata Chemicals, Info Edge in focus | Closing Bell June 05, 2023 03:34 PM IST

    LIVE: Sensex, Nifty trade higher amid gains in auto stocks; Tata Chemicals, Info Edge in focus | Closing Bell

    Indian shares traded higher on Monday, powered by sustained gains in auto stocks and tracking the mood in the broader Asian market, as mixed U.S. jobs data bolstered bets that the Federal Reserve may skip an interest rate hike later this month. Both the indexes registered their second-straight weekly gain on Friday, lifted by stronger-than-expected economic growth data and fast-paced expansion of the country's factory output. Nandita Khemka discusses the newsmakers on their radar including Tata Chemicals, Info Edge, Wonderla only on closing bell.

  • F&O Manual: Traders see some choppiness but remain bullish on Nifty, Bank Nifty June 05, 2023 12:30 PM IST

    F&O Manual: Traders see some choppiness but remain bullish on Nifty, Bank Nifty

    Option data shows support for Nifty is available at 18600 with more put writings seen on the strike.

  • As bull run on D-Street continues, here are top 10 ideas for next 3-4 weeks June 05, 2023 10:14 AM IST

    As bull run on D-Street continues, here are top 10 ideas for next 3-4 weeks

    This week, 18,650-18,700 is expected to be a crucial hurdle and, if the index decisively surpasses this area, then 18,800-19,000 levels can't be ruled out

  • MC Interview | Market may take some more time to hit fresh record highs: Milan Vaishnav June 05, 2023 09:31 AM IST

    MC Interview | Market may take some more time to hit fresh record highs: Milan Vaishnav

    Milan Vaishnav of Gemstone Equity Research expects the Bank Nifty index to consolidate just below 44,000 levels and eventually break out higher.

  • Indian Equity Markets to extend global rally; OMCs to be in focus | OPENING BELL June 05, 2023 09:12 AM IST

    Indian Equity Markets to extend global rally; OMCs to be in focus | OPENING BELL

    Indian equity markets poised for a gap up opening. Stocks that are expected to be in limelight include Oil Marketing Companies, Wipro, Zydus Lifespciences amongst others. Catch @onlynickey in conversation with Prashant Sawant, Founder of Catalyst Wealth and Gaurang Shah Of Geojit Financial Services

  • Daily Voice | Banking sector profit growth to continue in Q1FY24, PSBs to surprise positively: Gautam Duggad June 05, 2023 12:31 PM IST

    Daily Voice | Banking sector profit growth to continue in Q1FY24, PSBs to surprise positively: Gautam Duggad

    IT companies reported a mixed performance overall in Q4FY23, with tier-1 firms delivering muted revenue growth and modest margins, while tier-2 companies outpaced the tier-1 pack with stronger revenue growth.