Open
22444.7
Previous Close
22402.7
Day Low
22324.6
Day High
22492.3
52 W Low
19080.5
52 W High
24573.4
Period | Return | High | Low |
---|---|---|---|
1 Day | 0.12% | 22492 | 22325 |
1 Week | -2.88% | 22855 | 22280 |
1 Month | -0.55% | 23418 | 22280 |
3 Months | -8.03% | 24573 | 21693 |
6 Months | 0.63% | 24573 | 21693 |
1 Year | 17.14% | 24573 | 19081 |
Nifty 500 is a lot more than another index; it is ome of the foundations of India's stock market. Launched and managed by the National Stock Exchange (NSE), it represents the concept of diversification by including 500 chosen stocks from a pool of about 1300+ NSE-listed companies. This is not some sort of random selection; these stocks are chosen based on their market capitalisation and average daily turnover, which reflect the market's heartbeat.
As you look into the Nifty 500, you'll notice a wide range of companies representing all sectors of the economy. These stocks, which range from financial services to information technology, oil, gas, fast-moving consumer goods, and automobile components, give an up-close view of India's strong economy. They make up a significant portion of the Nifty 500's composition, serving as the index's backbone.
These 500 equities provide a comprehensive picture of India's economic landscape, spanning 21 industries. Financial Services leads with more than 29% of the market, followed by IT, Oil, Petrol & Consumable Fuels, FMCG, and Automobile and Auto Components. These sectors combine for a remarkable 67% weightage in the index, highlighting the index's broad-based strategy.
The index was launched on January 1, 1995, with a modest starting value of 1000. Since then, it has skyrocketed, surpassing the 13000 level with a price-to-earnings ratio of 20.05. The Nifty 500, managed by NSE Indices Limited (previously India Index Services & Products Limited), is more than a number; it represents India's economic journey.
Understanding the mathematics behind the Nifty 500 calculation is vital for any investor wishing to navigate the intricate world of the stock market. The process is comprehensive and transparent, with the goal of ensuring the index's accuracy and reliability.
The formula for calculating the index value is given below:
Index value = Current market capitalisation / (Base market capitalisation * Base Index Value)
Semi-annual assessments play an important role in ensuring the Nifty 500's integrity. These reviews, which take place in January and July of each year, evaluate the index's performance in the previous six months. To guarantee that the index accurately reflects the market, any necessary adjustments, such as adding or deleting stocks from it, are made in accordance with strict guidelines.
During these evaluations, a maximum of 25 changes can be made, with the adjustments taking effect on the final trading day of March and September. This quarterly monitoring procedure guarantees that the Nifty 500 is relevant and responsive to market changes.
Investing in the Nifty 500 allows you to diversify and increase your wealth. Here are some fundamental strategies to consider:
Spot Investing: This strategy entails directly acquiring individual stocks from the Nifty 500 stocks list. With a trading account, you can browse the index members and choose equities that match your investing objectives and risk tolerance. To make informed decisions, monitor the Nifty 500 share price and remain up to date on Nifty 500 live data.
Derivatives Trading: For individuals aiming to increase their investment potential, derivatives trading provides an alternate option. You can trade Nifty 500 futures and options, taking advantage of market moves. However, before heading in, use caution and make sure you understand the complex nature of derivatives trading.
Exchange-Traded Funds and Index Mutual Funds (ETFs and MFs): If you prefer a hands-off strategy, ETFs and mutual funds tracking the Nifty 500 index are a convenient option. These funds passively track the index's performance while providing exposure to a diverse range of stocks. Monitor the Nifty 500 today to assess the performance of these funds and make smart choices when investing.
The Nifty 500 index surpasses market capitalisation limits, including an array of large-cap, mid-cap, and small-cap companies. This blend ensures balanced exposure, reducing risks associated with any specific segment. Large-cap corporations often provide stability and lesser volatility, but mid-cap and small-cap companies may have better growth potential but higher risk. Thus, the Nifty 500 provides a well-rounded portfolio that caters to a variety of risk appetites.
Diversification: The Nifty 500 index includes 500 different equities, which spreads risk across sectors.
Competitive Returns: Historically, the Nifty 500 has provided competitive returns, boosting wealth creation.
Cost-Effective: ETFs and index mutual funds following the Nifty 500 often have lower fee ratios.
Transparency: The index's transparent approach ensures clarity on its composition and performance.
Liquidity: Nifty 500 stocks are liquid, making buying and selling easier and more accessible to investors.
Investing in the Nifty 500 over the long run might be a profitable approach. Its diverse portfolio of stocks, which includes large-cap, mid-cap, and small-cap companies, provides both stability and growth potential over time. While there may be short-term swings, historical data shows that the index has consistently generated positive returns over time.
To be included in the Nifty 500 index, companies must meet certain requirements established by the NSE. These criteria include:
Companies must be listed on the NSE.
Companies should rank within the top 800 based on turnover and market cap.
The market cap should be 1.50 times the last constituent.
The average impact cost should be ≤1% in the last six months.
Furthermore, there are rules governing the eligibility of other forms of assets, such as preferred stocks and convertible bonds.
Yes, Nifty 500 equities are generally liquid, which means they can be purchased and traded easily. These equities' liquidity ensures that investors can enter and exit holdings without significantly affecting the price. With Nifty 500 members accounting for a sizable share of total traded value on the NSE, liquidity is rarely an issue for index investors.
Nifty 500 multicap refers to the index's makeup, which comprises companies from a variety of market capitalisation groups. This multi-cap strategy ensures that the index covers a wide range of the stock market, from large-cap organisations to smaller, high-growth businesses. By including companies of various sizes, the Nifty 500 offers investors a wide range of investment options and risk profiles.
Indices Name | Price | Price Change(% change) |
---|---|---|
Nifty Alpha 50 | 56401.4492 | 0.0262 |
Nifty 100 Liq 15 | 6199.8501 | 0.5196 |
Nifty 10 B-G Sec | 2440.3101 | 0.0025 |
Nifty 8-13 G-Sec | 2760.3201 | -0.0076 |
Nifty10 BG-Sec-C | 888.58 | -0.0349 |
Nifty GS 4 8Yr | 2981.51 | 0.0262 |
Nifty GS 11 15Yr | 3053.23 | -0.0857 |
Nifty GS 15YrPlu | 3364.8301 | 0.0122 |
Nifty100 ESG | 4709.6499 | 0.2032 |
Nifty200 Qual 30 | 20758.8496 | -0.0931 |
Nifty Alpha LV30 | 27407.9492 | 0.1696 |
Nifty200 Momen30 | 33489.1484 | 0.9150 |
BSE SENSEX 50 | 24965.15 | 0.0562 |
BSE Sensex Nxt50 | 82046.32 | 0.5256 |
BSE 100 ESG Indx | 394.69 | 0.0203 |
BSE Low Volat. | 1754.3 | -0.2734 |
BSE Momentum | 2228.51 | 0.5446 |
BSE Quality | 1793.12 | 0.1530 |
BSE SENSEX Nxt30 | 36838.08 | 0.6320 |