NIFTY 50

Methodology

The NIFTY 50 index is a free float market capitalisation-weighted index.

Stocks are added to the index based on the following criteria:

1. Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 million.
2. The company should have a listing history of 6 months.
3. Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index.
4. The company should have a minimum listing history of 1 month as on the cutoff date

The index was initially calculated on a full market capitalization methodology. On 26 June 2009, the computation was changed to a free-float methodology. The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the equity market segment on NSE. The base value of the index has been set at 1,000 and a base capital of ₹2.06 trillion.

The index is re-balanced on semi-annual basis. The cut-off date is 31 January and 31 July every year; further, average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.

Constituents

The Nifty 50 has the following constituents, as of 8 December 2025.

Index changes

Changes in index constituents since Nifty 50 since 2005:

Statistics

Record values

Milestones

Major single day falls

The following table lists some of the notable single-day falls of the NIFTY 50 index.

Major single day gains

The following table lists some of the notable single-day gains of the NIFTY 50 index.

Annual returns

The following table shows the annual development of the NIFTY 50 since 2000. The historical daily returns data can be accessed from the NSE website.

Derivatives

Trading in futures and options on the NIFTY 50 is offered by the NSE and NSE International Exchange (NSEIX). NSE offers weekly as well as monthly expiry options.

NSE allows international traders to trade on the NIFTY 50 by GIFT NIFTY. The same index had previously operated under the name SGX Nifty, and was traded on the Singapore Exchange. It was rebranded to GIFT Nifty on 3 July 2023; trading was then moved to the NSE International Exchange (NSEIX), situated in GIFT City, Gandhinagar. The CEO of NSEIX called it a watershed moment since it was the first time India got back an international contract which had previously been exported.

NIFTY Next 50

Main article: NIFTY Next 50

NIFTY Next 50, also called NIFTY Junior, is an index of 50 companies whose free float market capitalisation comes after that of the companies in NIFTY 50. NIFTY Next 50 constituents are thus potential candidates for future inclusion in NIFTY 50.

Notes

References

References

1. "NSE Indices".
2. "Broadmarket indices – NIFTY 50 Index".
3. "Corporate structure".
4. "About NSE Indices".
5. (25 July 2017). "Nifty's journey from 1,000 to 10,000: Brief history and major milestones".
6. "Nifty Indices".
7. "NSE Equity Derivatives Contract Specifications".
8. Taparia, Vidhi. (10 July 2023). "What is 'GIFT Nifty' — the new avatar of the India-Singapore joint stock exchange, now in Gujarat".
9. (September 2017). "The Journey of Nifty-Fifty". International Journal of Academic Research and Development.
10. (13 May 2016). "Nifty Options most actively traded globally for index options in 2015". Business Today.
11. (19 January 2022). "NSE largest derivatives exchange for 3rd year, Nifty Bank most traded index option". The Economic Times.
12. "NSE volumes".
13. (25 March 2009). "Free float m-cap to decide Nifty value". [[The Economic Times]].
14. "NSE – National Stock Exchange of India Ltd.".
15. "Index Constituent - Nifty 50".
16. "Index Inclusion Exclusion".
17. "Change in indices w.e.f. Feb. 25, 2005". Nifty Indices.
18. "Reliance Comm to replace Tata Tea on Nifty". Rediff.
19. "India Index Services & Products Limited". Nifty Indices.
20. (10 August 2007). "NTPC replaces Dabur India on Nifty, CNX 100 indices". The Economic Times.
21. "Unitech to replace IPCL on Nifty". The Indian Express.
22. "Cairn, Idea replace HPCL, MTNL in Nifty". The Economic Times.
23. (29 July 2008). "Reliance Power to replace Dr Reddy's in Nifty from Sept 10". The Economic Times.
24. "NSE removes Satyam from Nifty; replaced by Rel Capital". The Economic Times.
25. (10 February 2009). "Axis Bank to replace Zee Ent in Nifty index". Business Standard.
26. (19 May 2009). "NSE to exclude Reliance Petroleum from Nifty". The Economic Times.
27. (4 September 2009). "Jaiprakash Associates, IDFC to be included in CNX Nifty index". Mint.
28. Bhayani, Rajesh. (21 January 2013). "Nifty, Sensex a long way from truly representing the economy". [[Business Standard]].
29. (30 September 2010). "Nifty-50 to include Sesa Goa, Bajaj Auto, Dr Reddy's from Oct 1". [[Business Standard]].
30. (10 February 2011). "Grasim replaces Suzlon in Nifty". [[Business Line]].
31. (25 August 2011). "Coal India to replace Reliance Capital stock in Nifty 50 from Oct 10". [[The Economic Times]].
32. (14 November 2017). "RCom, RPower to go out of Nifty-50 from April 27". [[Business Line]].
33. (27 September 2012). "SAIL, Sterlite make way for UltraTech, Lupin on Nifty". [[Hindustan Times]].
34. (14 February 2013). "Wipro, Siemens to be excluded from Nifty from 1 April". [[Mint (newspaper).
35. (27 August 2013). "Wipro to enter Nifty from September 27; Reliance Infrastructure to exit". [[The Economic Times]].
36. (27 February 2014). "Ranbaxy, JP Associates to exit Nifty from Mar 28". [[Business Standard]].
37. (20 August 2014). "Zee Entertainment to Replace United Spirits in Nifty From September 19". [[NDTV]].
38. (23 February 2015). "DLF, JSPL shares fall on exit from Nifty from March 27". [[The Economic Times]].
39. (29 April 2014). "IDFC to exit Nifty index; Bosch new replacement". [[The Economic Times]].
40. (12 August 2015). "Adani Ports to replace NMDC on Nifty from September 28". [[The Economic Times]].
41. (23 February 2016). "NSE exchange to add 4 companies, drop Cairn India, Vedanta, PNB from index". [[The Economic Times]].
42. (16 February 2017). "IOC, IBHFL to replace Idea, BHEL in NSE Nifty50 from March 31". [[Business Standard]].
43. (12 January 2018). "Grasim out, Vedanta in Nifty 50 index". [[Business Line]].
44. (20 August 2020). "Divi's Labs And SBI Life Enter Nifty 50, Zee And Bharti Infratel Out". [[BloombergQuint]].
45. (22 February 2018). "Nifty Rejig: Ambuja, Aurobindo & Bosch Out; Grasim, Titan & Bajaj Finserv Included". [[Moneycontrol]].
46. (29 August 2018). "JSW Steel to replace pharma firm Lupin in Nifty 50 from September 28". [[Business Standard]].
47. (25 February 2019). "Britannia to replace Hindustan Petroleum in Nifty 50 from 29 March".
48. Staff Writer. (28 August 2019). "Nestle India to be included in NSE Nifty 50 Index".
49. (16 March 2020). "Yes Bank to be excluded from Nifty 50, Nifty bank from Thursday".
50. "HDFC Life replaces Vedanta in Nifty; SBI Card enters 5 indices". [[The Economic Times]].
51. "Tata Consumer Products To Replace GAIL In Nifty 50 From March 31".
52. "Apollo Hospitals To Replace Indian Oil In Nifty 50 From March 31".
53. (1 September 2022). "Adani Enterprises to be included in Nifty 50, replaces Shree Cement". [[Business Today (India).
54. (4 July 2023). "NSE to replace HDFC with LTIMindtree in Nifty 50 index". [[The Times of India]].
55. (29 February 2024). "Shriram Finance to replace UPL in Nifty from March 28". [[The Economic Times]].
56. Kumar, Shivendra. (23 August 2024). "Nifty50 rejig: Trent, Bharat Electronics enter, LTIMindtree, Divi's Labs make exit". [[The Economic Times]].
57. (21 February 2025). "Jio Financial, Zomato to enter Nifty from March 28". BusinessLine.
58. (23 August 2025). "Nifty rejig: Indigo, Max Health in; Indusind, Hero out". The New Indian Express.
59. (20 September 2024). "Share Market Highlights 20th September 2024: Sexsex rises by 1.63%, Nifty gains and closes at 25,790.95".
60. (22 January 2008). "Shares fall 11 % in worst intraday plunge, trading halted". The Economic Times.
61. "Indian exchanges fall as world stocks tumble". Rediff.
62. (29 October 1997). "Nifty Sheds 88 Pts, 181 Scrips At 52-Week Lows". [[Business Standard]].
63. (17 April 1999). "One trust vote savages Sensex by 246 points, crashes 6.8 pc to 3326.98". Rediff.
64. (4 April 2000). "Second-biggest fall in Sensex as panic grips bourses". Rediff.
65. (18 May 2005). "UBS barred for 1 year". Business Standard.
66. (21 January 2008). "Investors lose $170 billion as Indian equities crash". India Today.
67. (24 October 2008). "Hopes shattered; Nifty ends 13% down". The Economic Times.
68. (7 January 2009). "Satyam fraud cripples Sensex of winning streak". The Economic Times.
69. (6 July 2009). "Mkts crash on Budget day; Sensex tanks 869.65 pnts". Oneindia.
70. "Global mayhem: Sensex crashes 1624 pts; Nifty breaches 7900".
71. (12 March 2020). "Sensex, Nifty suffer biggest one-day fall amid global sell off".
72. (16 March 2020). "Market Wrap, March 16: Sensex tanks 2,713 pts, Nifty ends at 9,199". Business Standard India.
73. Guha, Ishita. (23 March 2020). "Key indices suffer massive sell-off; Sensex ends down nearly 4,000 points".
74. Deva, Pranati. (4 June 2024). "Immediate support for Nifty at 21,200? Experts outline key levels to watch out for after today's market crash". [[Mint (newspaper).
75. (18 May 2009). "Sensex creates history; two upper circuits in one day". The Economic Times.
76. "Nirmala Sitharaman press conference highlights: Corporate tax relief to help stabilise economy, says Tech Mahindra's Gurnani". Moneycontrol.
77. (25 March 2020). "Stimulus hope helps Sensex post 3rd biggest single-day gain, but experts are not convinced". Moneycontrol.
78. Shah, Ami. (7 April 2020). "Sensex, Nifty post biggest single-day gain; Rs 7.9 lakh crore added". [[The Economic Times]].
79. (1 February 2021). "Best Budget-day reaction by the stock market in 22 years as Sensex gains 5%". Moneycontrol.
80. "India: annual nifty 50 returns 2023".
81. (9 September 2020). "Nifty 50 returns - 20 years worth of powerful, downloadable data".
82. "NSE - Historical Index Data".
83. (1 April 2013). "National Stock Exchange of India Ltd.".
84. "SGX Derivatives Products Nifty Indices Futures and Options Product Information".
85. (April 2022). "WFE Derivatives Report 2021".
86. Bhadoria, Sharmila. (2 July 2023). "Explained: SGX Nifty to become GIFT Nifty from tomorrow; what it means for India".
87. Sharma, Ajaya. (17 May 2023). "Shift of SGX Nifty to NSE-IFSC exchange to be a watershed moment in history of India: V Balasubramaniam". The Economic Times.
88. (28 March 2024). "Nifty Next 50 Factsheet - NSE Indices".