Nifty 50 is the list of top 50 companies across the sectors that are listed in National stock exchange(NSE-Kolkata). The stock weightage is based on some pre - calculated formula. To know what are all the nifty 50 companies are ,
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Nifty Formula:
Nifty = (Current Market Value / Base Market Capital) x Nifty Base Index Value
NiftyBees:
It is an ETF(Exchange Traded Fund) Based on the nifty50. When you buy an niftyBees, then you are having at least some fractional shares of all the top 50 companies, In which it reduces the risk by diversifying your fund across the top 50 companies. The famous NiftyBees is maintained by reliance mutual fund.
Sensex:
Sensex means sensitive index. It is based on the top 30 companies listed in Bombay Stock Exchange(BSE).
Sensex Formula:
Sensex = (Free float market capitalization of 30 companies / Base market capitalization) x Base value of the index)
Nifty Next 50:
These are the upcoming Shares, That have a potential to come in to the list of Nifty50. Technically these are the 51-100 ranked companies listed in NSE.
The list can be found here
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