Nifty 50 at 23,869.60; 19 Constituents Advance and 31 Decline
Key Takeaways
- •The Nifty 50 was recorded at 23,869.60 with 31 of its 50 constituents closing lower, indicating broad selling pressure within the index during the session.
- •The index posted negative returns across all near-term windows from one day through one year, while three-year and five-year returns remained positive at 20.89% and 50.54% respectively.
- •Technical analysis reflected a mixed near-term outlook, with an equal count of six bullish and six bearish moving averages on the index.
- •The Nifty 50 traded at a price-to-earnings ratio of 20.52 and a price-to-book ratio of 6.87, with a dividend yield of 1.47%.
- •Related market headlines highlighted geopolitical themes including rising crude oil prices and West Asia conflict as factors being monitored by market participants.
The Economic Times listed the Nifty 50 at 23,869.60 on its live index page, with 19 constituents advancing and 31 declining. The page is available at https://economictimes.indiatimes.com/markets/indices/nifty-50.
The Nifty 50 is a key benchmark index in India. It comprises 50 actively traded companies from a range of sectors, including banking and information technology. Market participants use the index to track broad market performance and compare portfolio or fund returns against a widely followed benchmark. With 31 of 50 constituents closing lower, the advance-decline pattern indicated broader selling pressure within the index during this session.
Key Nifty 50 Metrics
The index opened at 23,904.8. Its intraday high was 23,990.75, while the intraday low was 23,807.2. The previous close was 23,996.25.
The market capitalization shown for the index was ₹1,93,89,625.99 crore. The page listed the Nifty 50 price-to-earnings ratio at 20.52, meaning the index was trading at roughly 20 times its aggregate earnings per share. The price-to-book ratio was listed at 6.87 and the dividend yield at 1.47.
The page also included time-frame options for viewing performance over 1D, 1W, 1M, 3M, 6M, 1Y, 3Y and 5Y periods, along with sections for the one-day range, 52-week range, returns, technical analysis, constituents and frequently asked questions.
Returns Listed for Nifty 50
The Economic Times listed the following returns for the Nifty 50: one-day return of -0.53, one-week return of -0.84, one-month return of 0.19, three-month return of -1.26, six-month return of -4.71, one-year return of -5.35, three-year return of 20.89 and five-year return of 50.54. While the near-term windows through one year were negative, the three-year and five-year returns remained positive, reflecting a longer-term recovery trajectory from the index's November 1995 base value of 1,000.
The technical analysis section referenced moving averages, including SMA and EMA, and showed Bullish Moving Averages (6) and Bearish Moving Averages (6). The equal split between bullish and bearish moving averages suggested a technically mixed near-term outlook for the index. It also included sections for pivot levels and a technical chart.
Related Nifty 50 News Headlines
The page listed several related market headlines: “F&O Talk: Nifty IT gaining strong momentum, says Sudeep Shah; outlines HDFC Bank, ICICI Bank strategy after Q1”; “Nifty weekly outlook: 24,500 holds the key to next leg of gains; focus on stock-specific bets”; “Benchmark indices fall amid rising crude oil prices and West Asia conflict”; and “Sensex falls 238 points, Nifty closes below 24,200 despite Iran-US mediation efforts.” The crude oil and West Asia themes appearing among these headlines reflected the geopolitical factors market participants were monitoring alongside index-level movements.
Other headlines included: “Market wrap: Adani Enterprises, IndiGo, Bajaj Auto among top gainers and losers on Nifty and Sensex on Thursday”; “Pharma stocks slide as Trump's 100% generic drug tariff plan spooks investors”; “NSE receives approval to launch derivatives on the Nifty India FPI 150 Index”; “Nifty ready for 24,500-24,750 levels after breakout rally: Analysts”; “NIfty IT logs best weekly gains since Oct 2025”; and “Market wrap: Top gainers and losers on Nifty and Sensex today.”
Other Index Readings
The page also displayed readings for other indices, including 24,932.5 with 35 advances and 65 declines; 22,982.4 with 106 advances and 394 declines; 76,391.39 with 11 advances and 19 declines; 64,181.49 with 2 advances and 12 declines; 13,805.85 with 56 advances and 144 declines; 56,592 with 2 advances and 12 declines; and 71,840.45 with 16 advances and 34 declines.
About the Nifty 50
The Nifty is the flagship benchmark of the National Stock Exchange of India, or NSE. It is a diversified index comprising the top 50 companies by free-float market capitalization that are traded on the exchange.
Officially called the Nifty 50, the index is calculated using the free-float market capitalization method. That approach uses the shares considered to be in active circulation in the market at a given point in time.
Like the BSE benchmark Sensex, the Nifty is used for benchmarking portfolios and mutual fund scheme returns, as well as for launching index funds. The Nifty index was launched on April 22, 1996, with a base value of 1,000 counted from November 3, 1995. Live Nifty quotes are available on nseIndia.com, ETMarkets.com and numerous other web platforms and television channels.
The Nifty 50 is owned and managed by NSE Indices Limited, formerly known as India Index Services & Products Limited, or IISL. NSE Indices Limited is a specialized company focused on indices as its core product.
The Nifty 50 is reviewed semi-annually using data for the six-month periods ending in January and July. Any replacement of stocks in the index is implemented from the last trading day of March and September. If a stock is to be replaced, market participants receive four weeks' prior notice.
Additional index reconstitution may take place if an index constituent undergoes a merger, demerger, delisting or specific types of capital restructuring. It may also occur if a constituent is moved to the BZ series, if trading permission for a constituent is withdrawn from the F&O segment, if a security is suspended from trading in the capital market for any reason, or if adverse regulatory findings or orders against a constituent require removal from the index.
In the case of capital restructuring or voluntary delisting, approval by equity shareholders is treated as the trigger to start the replacement process through additional index reconstitution. In other cases, replacements are initiated based on notifications issued by the exchange.
Additional index reconstitution may also be undertaken to assess the continued eligibility of a constituent that has undergone a corporate action involving a demerger, in line with guidelines under the separate section on “Corporate actions involving demerger/ spin-off.”
The index has defined eligibility criteria for selecting constituent stocks. Liquidity is measured by market impact cost, which refers to the cost involved in transacting in a stock. To qualify for inclusion in the Nifty 50, a stock must have traded at an average impact cost of 0.50% or less for six months and for 90% of observation cases. Constituents must also have derivative contracts available on the NSE.
