NSE major indices
Major Indices of the National Stock Exchange (NSE)
NSE and BSE are the two major stock exchanges in India. If you are new to the stock market and want to start investing. You should explore the market conditions. The best way to kick-start is to follow the different indices of the Stock Market. Study their movement pattern, returns in 1 Yr., 3 Yr., and 5 Yr. terms.
Giving the list below of major indices of the National Stock Exchange(NSE) with a short explanation. We have grouped them so that the reader can better understand them.
Broad Market Indices
1). Nifty 50
Tracks the Top 50 large companies across all sectors of the NSE. The most widely followed benchmark index of India.
2) Nifty Next 50
Tracks the next 50 companies after the Nifty 50. They are future potential leaders.
3) Nifty 100
Combination of Nifty 50 + Next 50.
4) Nifty 200
it includes large and mid-cap companies.
5) Nifty 500
Covers approx. 90% of the total market capitalization.
6) Nifty Midcap 100
Tracks the top 100 mid-sized companies.
7) Nifty Smallcap 100
Tracks 100 small-cap companies.
Sectoral Indices
1). Nifty Bank – Tracks Major banking stocks
2) Nifty IT – Tracks IT companies
3) Nifty Pharma – Tracks all Pharma sector companies
4) Nifty FMCG – Tracks all Consumer goods
5) Nifty Auto – Tracks all Auto companies
6) Nifty Metal – Tracks all Metals & mining companies
7) Nifty Realty – Tracks Real estate firms
8) Nifty Media – Tracks Media companies
Thematic Indices
1) Nifty Consumption – Follows Consumer-driven companies
2) Nifty Infrastructure – Follows the Infra sector
3) Nifty Energy – Follows Energy companies
4) Nifty PSU Bank – Follows PSU banks
5) Nifty Private Bank – Follows Private banks
Strategy Indices
1) Nifty Alpha 50 – Tracks high-return potential stocks
2) Nifty Low Volatility 50 – Tracks the most Stable stocks
3) Nifty Quality 30 – Tracks Strong fundamentals
4) Nifty Dividend Opportunities 50 – Tracks the High dividend yield stocks
International / Global Indices
1) Nifty India Digital – Digital economy companies
2) Nifty MNC – MNCs in India
Fixed Income & Other Indices
1) Nifty Bond Indices – Government & corporate bonds
2) Nifty G-Sec Indices – Government securities
3) Nifty Corporate Bond Indices – Corporate debt
Conclusion: You can use the indices to track the market mood. You can use these indices while investing as per your requirement
- Broad Market → For the overall economy
- Sectoral → For Industry-specific
- Thematic → For Investment themes
- Strategy → Based on factors (alpha, low volatility, etc.)
- Debt Indices → Bonds & fixed income
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