What is the full form of NIFTY?

NIFTY stands for "National Stock Exchange Fifty"

NIFTY represents National stock trade FIFTY. It is otherwise called CNX Nifty, Nifty 50, or straightforward Nifty. It is the main record for enormous organizations on the National Stock Exchange in India. It contains 50 stock trades representing 23 areas of the economy.

Use of NIFTY:

NIFTYis utilized for an assortment of purposes. Some are:

• Benchmarking reserve portfolios
• Record based subordinates
• Record reserves and so forth
• Clever is possessed and overseen by India Index Services and Products Ltd. (IISL) which is a joint endeavor among NSE and CRISIL.

Top organizations remembered for NIFTY:

• ACC Limited
• Ambuja Cements Ltd.
• Asian Paints Ltd.
• Hub Bank Ltd.
• Bajaj Auto Ltd.
• Bank of Baroda
• Bharat Heavy Electricals Limited
• Bharat Petroleum Corporation
• Bharti Airtel Ltd.
• Cairn India Ltd.
• Cipla Ltd.
• Coal India Ltd.
• Dr. Reddy's Laboratories Ltd.
• GAIL (India) Ltd.
• Grasim Industries Ltd.
• HCL Technologies Ltd.
• HDFC Bank Ltd.
• Legend MotoCorp Ltd.
• Hindalco Industries Ltd.
• Hindustan Unilever Ltd.
• Lodging Development Finance Corporation Ltd.
• ICICI Bank Ltd.
• Thought Cellular Ltd.
• IDFC Ltd.
• IndusInd Bank Ltd.
• Infosys Ltd.
• ITC Limited
• Kotak Mahindra Bank Ltd.
• Larsen and Toubro Ltd.
• Lupin Limited
• Mahindra and Mahindra Ltd.
• Maruti Suzuki India Ltd.
• NMDC Limited
• NTPC Limited
• Oil and Natural Gas Corporation Ltd.
• PowerGrid Corporation of India Ltd.
• Punjab National Bank
• Dependence Industries Ltd.
• Sesa Sterlite Limited
• State Bank of India
• Sun Pharmaceutical Industries Ltd.
• Tech Mahindra Ltd.
• UltraTech Cement Ltd.
• Wipro
• Indeed Bank Ltd.
• Zee Entertainment Enterprises Ltd.