Question

what is nifty ? in brief ​

Answer 1

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The National Stock Exchange Fifty (Nifty) is the stock market index of the National Stock Exchange (NSE). Also known as NIFTY 50 and CNX Nifty, it comprises 50 stocks that are actively traded on NSE, and is owned and managed by India Index Services and Products Ltd.The Nifty meaning is a derivation from the mix of two words, i.e. “National Stock Exchange” and “fifty”. It is an abbreviation of the National Stock Exchange Fifty. ... Hence, Nifty is also known as Nifty50 or CNX Nifty. Nifty is a popular stock index. The National Stock Exchange of India introduced it.

Answer 2

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✎ What is nifty?

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❥ Nifty is a market index introduced by the National Stock Exchange.

❥ It is a blended word – "National Stock Exchange'' and "Fifty" coined by NSE on 21st April, 1996.

❥ It is also known as Nifty50 or CNX Nifty.

❥ Nifty generally comprises of fifty actively traded stocks but currently there are fifty-one stocks.

❥ It is owned by India Index Services and Products Ltd (IISL), a fully-owned subsidiary of the National Stock Exchange Strategic Investment Corporation Limited.

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