NIFTY stands for National stock exchange FIFTY. It is a term related to Business » Stock Market, Useful Terms and Definitions which we use in daily life but we do not know their full name, Here’s a list of important abbreviations that you should know.
|NIFTY||National stock exchange FIFTY|
|Category||Business » Stock Market|
What is full form of NIFTY?
The full form of NIFTY is the National stock exchange FIFTY.
The NIFTY 50 is a benchmark Indian stock index representing 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 is the BSE SENSEX.
Here you learn the full name and complete information of National stock exchange FIFTY, if you have questions and answers related to NIFTY, then tell us your thoughts in the comment, know the complete meaning of NIFTY in this article.
Sensex and Nifty are broad market indices and benchmarks of the stock market. They represent the entire stock market and therefore any change in these two indices affects the entire market. The only difference between the two is that Sensex comprises 30 shares, while Nifty has 50.
NIFTY is one of the two national indices, the other is SENSEX, a product of the Bombay Stock Exchange. It is owned by India Index Services and Products (IISL), which is a wholly owned subsidiary of National Stock Exchange Strategic Investment Corporation Limited.
Sensex, which stands for “Stock Market Sensitive Index”, is the stock index of the Bombay Stock Exchange. Calculate the movement in BSE. Nifty means ‘National Stock Exchange Fifty’ and is the index of the National Stock Exchange.
Nifty 50 is an index that consists of 50 shares and cannot be bought. To purchase the Index, you will need to purchase all 50 constituent shares at the same weight as they are in the Index.