What is NIFTY?

NIFTY is an Index computed from performance of  top stocks from different sectors listed in NSE (National stock exchange). NIFTY consists of 50 companies from 24 different sectors. NIFTY stands for National Stock Exchange’s Fifty.   The companies which form index of  NIFTY may vary from time to time based on many factors considered by NSE.  NIFTY is for NSE as similar to SENSEX is for BSE

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