NIFTY 50


The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE. The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1,000 as its base value.
The NIFTY 50 index ecosystem consists of index funds, and futures and options at NSE and NSE International Exchange. In 2016, NIFTY 50 was reported by the WFE and FIA as the world's most actively traded index options contract, but it was later overtaken by Nifty Bank. In 2024, NIFTY 50 overtook Nifty Bank after the latter's weekly expiry contracts were discontinued.
The NIFTY 50 index covers 13 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. As of November 2025, NIFTY 50 gives a weightage of 36.84% to financial services including banking, 10.39% to oil and gas, 10.23% to information technology, 6.81% to automotive, and 6.49% to consumer goods.

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.
Company nameSymbolSectorDate added
Adani EnterprisesADANIENTMetals & Mining30 September 2022
Adani Ports & SEZADANIPORTSServices28 September 2015
Apollo HospitalsAPOLLOHOSPHealthcare31 March 2022
Asian PaintsASIANPAINTConsumer Durables27 April 2012
Axis BankAXISBANKFinancial Services27 March 2009
Bajaj AutoBAJAJ-AUTOAutomobile and Auto Components1 October 2010
Bajaj FinanceBAJFINANCEFinancial Services29 September 2017
Bajaj FinservBAJAJFINSVFinancial Services2 April 2018
Bharat ElectronicsBELCapital Goods30 September 2024
Bharti AirtelBHARTIARTLTelecommunication1 March 2004
CiplaCIPLAHealthcare7 October 1998
Coal IndiaCOALINDIAOil, Gas & Consumable Fuels10 October 2011
Dr. Reddy's LaboratoriesDRREDDYHealthcare1 October 2010
Eicher MotorsEICHERMOTAutomobile and Auto Components1 April 2016
EternalETERNALConsumer Services28 March 2025
Grasim IndustriesGRASIMConstruction Materials2 April 2018
HCLTechHCLTECHInformation Technology28 October 2002
HDFC BankHDFCBANKFinancial Services22 April 1996
HDFC LifeHDFCLIFEFinancial Services31 July 2020
Hindalco IndustriesHINDALCOMetals & Mining22 April 1996
Hindustan UnileverHINDUNILVRFast Moving Consumer Goods22 April 1996
ICICI BankICICIBANKFinancial Services25 January 2002
IndiGoINDIGOServices30 September 2025
InfosysINFYInformation Technology7 October 1998
ITCITCFast Moving Consumer Goods22 April 1996
Jio Financial ServicesJIOFINFinancial Services28 March 2025
JSW SteelJSWSTEELMetals & Mining28 September 2018
Kotak Mahindra BankKOTAKBANKFinancial Services8 April 2010
Larsen & ToubroLTConstruction10 December 2004
Mahindra & MahindraM&MAutomobile and Auto Components18 September 1996
Maruti SuzukiMARUTIAutomobile and Auto Components1 March 2004
Max HealthcareMAXHEALTHHealthcare30 September 2025
Nestlé IndiaNESTLEINDFast Moving Consumer Goods27 September 2019
NTPCNTPCPower24 September 2007
Oil and Natural Gas CorporationONGCOil, Gas & Consumable Fuels12 April 2004
Power GridPOWERGRIDPower14 March 2008
Reliance IndustriesRELIANCEOil, Gas & Consumable Fuels22 April 1996
SBI Life Insurance CompanySBILIFEFinancial Services25 September 2020
Shriram FinanceSHRIRAMFINFinancial Services28 March 2024
State Bank of IndiaSBINFinancial Services22 April 1996
Sun PharmaSUNPHARMAHealthcare17 January 2002
Tata Consultancy ServicesTCSInformation Technology25 February 2005
Tata Consumer ProductsTATACONSUMFast Moving Consumer Goods31 March 2021
Tata Motors Passenger VehiclesTMPVAutomobile and Auto Components22 April 1996
Tata SteelTATASTEELMetals & Mining22 April 1996
Tech MahindraTECHMInformation Technology28 March 2014
Titan CompanyTITANConsumer Durables2 April 2018
TrentTRENTConsumer Services30 September 2024
UltraTech CementULTRACEMCOConstruction Materials28 September 2012
WiproWIPROInformation Technology27 September 2013

Index changes

Changes in index constituents since Nifty 50 since 2005:

Statistics

Record values

Milestones
Milestone valueFirst touch
1,0002 December 1999
2,0002 December 2004
3,00030 January 2006
4,0001 December 2006
5,00027 September 2007
10,00025 July 2017
15,0005 February 2021
20,00011 September 2023
25,0001 August 2024
26,00024 September 2024

Major single day falls

The following table lists some of the notable single-day falls of the NIFTY 50 index.
DateFallProbable reason
31 March 199789.50 points Congress withdraws support to the United Front coalition government.
28 October 199788.20 points Asian financial crisis.
17 April 199977.50 points Vajpayee loses a no-confidence motion by one vote after AIADMK withdraws support to the NDA coalition government.
4 April 2000106.65 points Dot-com bubble burst.
14 May 2004135.10 points 2004 Indian general election results.
17 May 2004196.90 points 2004 Indian general election results.
21 January 2008496.50 points US subprime mortgage crisis.
22 January 2008309.50 points US subprime mortgage crisis.
24 October 2008386 points Global financial crisis.
7 January 2009192.40 points Satyam scandal.
6 July 2009258.55 points Union budget announcement.
24 August 2015490.95 points Chinese stock market crash.
12 March 2020868.25 points COVID-19 pandemic; WHO declares it a pandemic.
16 March 2020757.80 points COVID-19 pandemic.
23 March 20201,135.20 points COVID-19 pandemic.
4 June 20241,379.40 points The incumbent government secured fewer seats in the 2024 Indian general elections than was predicted by the exit polls.