nifty 50

The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE). Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE. The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1,000 as its base value.

The NIFTY 50 index ecosystem consists of index funds (both onshore and offshore mutual funds and ETFs), and futures and options at NSE and NSE International Exchange (through GIFT Nifty). In 2016, NIFTY 50 was reported by the WFE and FIA as the world's most actively traded index options contract, but it was later overtaken by Nifty Bank. In 2024, NIFTY 50 overtook Nifty Bank after the latter's weekly expiry contracts were discontinued.