The Nifty 50 is India's most widely tracked equity benchmark, computed and maintained by NSE Indices Ltd (a subsidiary of NSE). Base date: November 3, 1995; base value: 1,000.
Construction
- Free-float: Only publicly tradeable shares (excludes promoter holdings) used for weights
- Market cap weighted: Higher market cap companies have higher index weight
- Rebalancing: Semi-annual review in June and December
- Eligibility: Top 50 stocks by average daily turnover AND free-float market cap over past 6 months
Nifty 50 Derivatives
Nifty 50 futures and options are the highest-volume derivative contracts in India — and among the largest equity derivative contracts globally. These are cash-settled and expire on the last Thursday of the contract month.