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- What is the Nifty 50 index?
- What is the symbol for the Nifty 50 index?
What is the Nifty 50 index?
The NSEI index, or Nifty 50, tracks 50 major companies listed on the National Stock Exchange of India. It is calculated by adding up the market values of these companies and adjusting for their size. Investors use the Nifty 50 to see how large Indian companies are performing. It helps them understand the overall health of the Indian stock market and make investment decisions based on the performance of these top companies.
What is the symbol for the Nifty 50 index?
The ticker symbol for the Nifty 50 index is NSEI