The Nifty500 is a pivotal benchmark index of the Indian stock market, comprising the top 500 companies listed on the National Stock Exchange. It provides a...
The Nifty500 is a diversified index representing the 500 largest companies by free-float market capitalization listed on the National Stock Exchange (NSE) of India.
Nifty50 tracks the top 50 large-cap companies, whereas Nifty500 is a broader index covering the top 500 companies, offering a wider representation of the Indian equity market.
It serves as a comprehensive benchmark for assessing the overall health and performance of the Indian stock market, aiding in portfolio diversification and investment decision-making.
The Nifty500 index is typically rebalanced semi-annually, with changes effective on the last trading day of March and September, to ensure it accurately reflects market dynamics.