Q.Write a short note on: NIFTY

NIFTY (Nifty 50) is the key index of the National Stock Exchange (NSE), based on 50 large, well-established and actively traded companies across sectors; its rise or fall indicates the overall trend of the Indian stock market. ## NIFTY NIFTY, short for the National Stock Exchange Fifty (Nifty 50), is the flagship benchmark index of the National Stock Exchange of India. It is computed from the share prices of 50 of the largest companies listed on the NSE, selected from various sectors of the economy, using a free-float market-capitalisation method. When NIFTY goes up it shows that share prices in general are rising (a bullish market), and when it falls it shows a general decline (a bearish market). Along with the BSE Sensex, NIFTY is widely used to judge the mood and performance of the Indian capital market. …