NIFTY is a price index of which of the following stock market?
AC.S.E
BN.S.E
CD.S.E
DNone of these
Answer:
B. N.S.E
Read Explanation:
NIFTY ( NSE )
NIFTY is a price index of the : National Stock Exchange ( NSE )
NIFTY , also known as NIFTY 50 , is the flagship index. It represents the market performance of the top 50 liquid and diversified stocks across various sectors.
NIFTY is calculated and maintained by India Index Services and Products limited ( IISL ), a subsidiary of NSE.
Some key features of NIFTY include:
Market - capitalization weighted index
Comprises 50 stocks from 13 sectors
Reviews and rebalances semi - annually
NIFTY serves as a benchmark for investors, fund managers, and researchers to track the Indian equity market's performance.