Question

NIFTY is a price index of which of the following stock market?

• A. C.S.E
• B. N.S.E
• C. D.S.E
• D. None of these

Answer 1

Answer:

B. N.S.E

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:

1. Market - capitalization weighted index

2. Comprises 50 stocks from 13 sectors

3. Reviews and rebalances semi - annually

• NIFTY serves as a benchmark for investors, fund managers, and researchers to track the Indian equity market's performance.