A broad-based stock market index representing the weighted average performance of the top Indian companies listed on the National Stock Exchange.
The NIFTY is a benchmark stock market index in India that tracks the performance of the 50 largest and most liquid Indian companies listed on the National Stock Exchange of India (NSE). It is widely used as a barometer of the Indian equity market and serves as a basis for various investment products, including index funds and exchange-traded funds (ETFs).