It is a blended word National Stock Exchange and nifty coined by NSE on 21st April 19. NIFTY 50 is a benchmark index and also the flagship of the National stock exchange, which includes or showcases the top 50 equity stocks traded in the stock exchange out of more than 1500 stocks. NIFTY is one of the two national indices, the other indices are SENSEX, which is a product of the BSE (Bombay Stock Exchange). NIFTY is a market index introduced by the NSE (National Stock Exchange). NIFTY 50 follows the trends and patterns of blue-chip companies, These stocks are across Twelve sectors of our economy which include banking & financial services, metals, telecommunications, information technology, consumer goods, entertainment and media, financial services, pharmaceuticals, automobiles, pesticides, and fertilizers, energy, cement, and its products, and other services.
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