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It represents the weighted average of 50 Indian company stocks in 12 sectors and is one of the two main stock indices used in India, the other being the BSE sensex. The Nifty 50 was launched 1st April , and is one of the many stock indices of Nifty. The index was initially calculated on full market capitalisation methodology. From June 26, , the computation was changed to free float methodology. The base value of the index has been set at and a base capital of Rs 2.
PowerGrid Corporation of India Ltd. Sun Pharmaceutical Industries Ltd. Tata Consultancy Services Ltd. Zee Entertainment Enterprises Ltd. Investors deserted emerging Asian shares during the Asian Financial Crisis.
Due to depreciation of the Indian Rupee . Driven by the meltdown in the Chinese Stock market . Driven by the Brexit Referendum . Driven by the Union budget of India and Global breakdown. Container Corporation of India. Godrej Consumer Products Limited. Oracle Financial Services Software.