The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE). Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE. The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1,000 as its base value.
The NIFTY 50 is widely regarded as the benchmark index of the Indian equity market and is commonly used to measure the overall performance of large-cap Indian stocks. Because its constituents represent companies from 13 sectors of the Indian economy, the index serves as a reference for investors, fund managers, and financial analysts when evaluating market trends and portfolio performance.
The NIFTY 50 index ecosystem consists of index funds (both onshore and offshore mutual funds and ETFs), and futures and options at NSE and NSE International Exchange (through GIFT Nifty). In 2016, NIFTY 50 was reported by the WFE and FIA as the world's most actively traded index options contract, but it was later overtaken by Nifty Bank. In 2024, NIFTY 50 overtook Nifty Bank after the latter's weekly expiry contracts were discontinued.
As of August 2026, NIFTY 50 gives a weightage of 36.47% to financial services including banking, 9.52% to oil and gas, 8.48% to information technology, 7.06% to automotive, and 5.41% to fast moving consumer goods.
Methodology The NIFTY 50 index is a free float market capitalisation-weighted index.
Stocks are added to the index based on the following criteria:
Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 million. The company should have a listing history of 6 months. Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index. The company should have a minimum listing history of 1 month as on the cutoff date
The index was initially calculated on a full market capitalization methodology. On 26 June 2009, the computation was changed to a free-float methodology. The base period for the NIFTY 50 index is 3 November 1995, which marked the completion of one year of operations of the equity market segment on NSE. The base value of the index has been set at 1,000 and a base capital of ₹2.06 trillion.
The index is re-balanced on semi-annual basis. The cut-off date is 31 January and 31 July every year; further, average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.
Constituents The Nifty 50 has the following constituents, as of 8 December 2025. Company name Symbol SectorDate added Adani Enterprises ADANIENT Metals & Mining 30 September 2022 Adani Ports & SEZ ADANIPORTS Services 28 September 2015 Apollo Hospitals APOLLOHOSP Healthcare 31 March 2022 Asian Paints ASIANPAINT Consumer Durables 27 April 2012 Axis Bank AXISBANK Financial Services 27 March 2009 Bajaj Auto BAJAJ-AUTO Automobile and Auto Components 1 October 2010 Bajaj Finance BAJFINANCE Financial Services 29 September 2017 Bajaj Finserv BAJAJFINSV Financial Services 2 April 2018 Bharat Electronics BEL Capital Goods 30 September 2024 Bharti Airtel BHARTIARTL Telecommunication 1 March 2004 Cipla CIPLA Healthcare 7 October 1998 Coal India COALINDIA Oil, Gas & Consumable Fuels 10 October 2011 Dr. Reddy's Laboratories DRREDDY Healthcare 1 October 2010 Eicher Motors EICHERMOT Automobile and Auto Components 1 April 2016 Eternal ETERNAL Consumer Services 28 March 2025 Grasim Industries GRASIM Construction Materials 2 April 2018 HCLTech HCLTECH Information Technology 28 October 2002 HDFC Bank HDFCBANK Financial Services 22 April 1996 HDFC Life HDFCLIFE Financial Services 31 July 2020 Hindalco Industries HINDALCO Metals & Mining 22 April 1996 Hindustan Unilever HINDUNILVR Fast Moving Consumer Goods 22 April 1996 ICICI Bank ICICIBANK Financial Services 25 January 2002 IndiGo INDIGO Services 30 September 2025 Infosys INFY Information Technology 7 October 1998 ITC ITC Fast Moving Consumer Goods 22 April 1996 Jio Financial Services JIOFIN Financial Services 28 March 2025 JSW Steel JSWSTEEL Metals & Mining 28 September 2018 Kotak Mahindra Bank KOTAKBANK Financial Services 8 April 2010 Larsen & Toubro LT Construction 10 December 2004 Mahindra & Mahindra M&M Automobile and Auto Components 18 September 1996 Maruti Suzuki MARUTI Automobile and Auto Components 1 March 2004 Max Healthcare MAXHEALTH Healthcare 30 September 2025 Nestlé India NESTLEIND Fast Moving Consumer Goods 27 September 2019 NTPC NTPC Power 24 September 2007 Oil and Natural Gas Corporation ONGC Oil, Gas & Consumable Fuels 12 April 2004 Power Grid POWERGRID Power 14 March 2008 Reliance Industries RELIANCE Oil, Gas & Consumable Fuels 22 April 1996 SBI Life Insurance Company SBILIFE Financial Services 25 September 2020 Shriram Finance SHRIRAMFIN Financial Services 28 March 2024 State Bank of India SBIN Financial Services 22 April 1996 Sun Pharma SUNPHARMA Healthcare 17 January 2002 Tata Consultancy Services TCS Information Technology 25 February 2005 Tata Consumer Products TATACONSUM Fast Moving Consumer Goods 31 March 2021 Tata Motors Passenger Vehicles TMPV Automobile and Auto Components 22 April 1996 Tata SteelTATASTEEL Metals & Mining 22 April 1996 Tech Mahindra TECHM Information Technology 28 March 2014 Titan Company TITAN Consumer Durables 2 April 2018 Trent TRENT Consumer Services 30 September 2024 UltraTech Cement ULTRACEMCO Construction Materials 28 September 2012 Wipro WIPRO Information Technology 27 September 2013
Index changes Changes in index constituents since Nifty 50 since 2005: List of replacements since 2005 Constituent excluded Constituent included Date of replacement Reason for exclusionRefIndian Hotels CompanyTata Consultancy Services25 February 2005Inadequate market capitalizationColgate-Palmolive IndiaJet Airways26 September 2005Shipping Corporation of IndiaSiemens India27 June 2006 Tata ChemicalsSuzlonTata TeaReliance Communications1 September 2006Jet AirwaysReliance Petroleum4 April 2007Oriental Bank of CommerceSterlite IndustriesDaburNTPC24 September 2007IPCLUnitech5 October 2007MergerHindustan PetroleumCairn India12 December 2007Inadequate market capitalizationMTNLIdea CellularBajaj AutoDLF14 March 2008 Demerger GlaxoSmithKline PharmaceuticalsPower GridInadequate market capitalizationDr. Reddy's LaboratoriesReliance Power10 September 2008Satyam Computer ServicesReliance Capital12 January 2009Corporate scandalZee Entertainment EnterprisesAxis Bank27 March 2009Inadequate market capitalizationReliance PetroleumJindal Steel & Power17 June 2009MergerNALCOIDFC20 October 2009 Inadequate market capitalizationTata CommunicationsJaiprakash AssociatesGrasim IndustriesKotak Mahindra Bank8 April 2010 DemergerABB IndiaBajaj Auto1 October 2010 Inadequate market capitalizationIdea CellularDr. Reddy's LaboratoriesUnitechSesa GoaSuzlonGrasim Industries25 March 2011Reliance CapitalCoal India10 October 2011Reliance CommunicationsAsian Paints27 April 2012Reliance PowerBank of BarodaSteel Authority of IndiaLupin28 September 2012Sterlite IndustriesUltraTech CementSiemens IndiaIndusInd Bank1 April 2013WiproNMDCDemergerReliance InfrastructureWipro27 September 2013 Inadequate market capitalizationJP AssociatesTech Mahindra28 March 2014Ranbaxy LaboratoriesUnited SpiritsUnited SpiritsZee Entertainment Enterprises19 September 2014 Exclusion from F&O segmentDLFIdea Cellular27 March 2015 Inadequate market capitalizationJindal Steel & PowerYes BankIDFCBosch India29 May 2015 DemergerNMDCAdani Ports & SEZ28 September 2015 Inadequate market capitalizationCairn IndiaAurobindo Pharma1 April 2016 MergerPunjab National BankBharti Infratel Inadequate market capitalizationVedantaEicher Motors MergerBHELIndiabulls Housing Finance31 March 2017 Inadequate market capitalizationIdea CellularIndian Oil CorporationGrasim IndustriesVedanta26 May 2017DemergerACCBajaj Finance29 September 2017 Inadequate market capitalizationBank of BarodaHindustan PetroleumTata PowerUPLAmbuja CementsBajaj Finserv2 April 2018Aurobindo PharmaGrasim IndustriesBosch IndiaTitan CompanyLupinJSW Steel28 September 2018Hindustan PetroleumBritannia Industries29 March 2019Indiabulls Housing FinanceNestlé India27 September 2019Yes BankShree Cement19 March 2020 Reconstruction schemeVedantaHDFC Life31 July 2020 Proposed delistingZee Entertainment EnterprisesSBI Life Insurance Company25 September 2020 Inadequate market capitalizationBharti InfratelDivi's LaboratoriesMergerGAILTata Consumer Products31 March 2021 Inadequate market capitalizationIndian Oil CorporationApollo Hospitals31 March 2022Shree CementAdani Enterprises30 September 2022HDFCLTIMindtree13 July 2023 MergerUPLShriram Finance28 March 2024 Inadequate market capitalizationDivi's LaboratoriesBharat Electronics30 September 2024LTIMindtreeTrentBharat PetroleumJio Financial Services28 March 2025Britannia IndustriesEternalHero MotoCorpIndiGo30 September 2025IndusInd BankMax Healthcare
Statistics
Record values Category All-time highs Value Date Closing 26,328.55 Friday, 2 January 2026 Intraday 26,340.00 Friday, 2 January 2026 Milestones +Milestone valueFirst touch1,0002 December 19992,0002 December 20043,00030 January 20064,0001 December 20065,00027 September 200710,00025 July 201715,0005 February 202120,00011 September 202325,0001 August 202426,00024 September 2024
Major single day falls The following table lists some of the notable single-day falls of the NIFTY 50 index. +DateFallProbable reason31 March 199789.50 points (8.46%)Congress withdraws support to the United Front coalition government.28 October 199788.20 points (7.87%)Asian financial crisis.17 April 199977.50 points (7.42%)Vajpayee loses a no-confidence motion by one vote after AIADMK withdraws support to the NDA coalition government.4 April 2000106.65 points (6.90%)Dot-com bubble burst.14 May 2004135.10 points (7.87%)2004 Indian general election results.17 May 2004196.90 points (12.24%)2004 Indian general election results.21 January 2008496.50 points (8.70%)US subprime mortgage crisis.22 January 2008309.50 points (5.94%)US subprime mortgage crisis.24 October 2008386 points (13.11%)Global financial crisis.7 January 2009192.40 points (6.18%)Satyam scandal.6 July 2009258.55 points (5.84%) Union budget announcement.24 August 2015490.95 points (5.92%)Chinese stock market crash.12 March 2020868.25 points (8.30%)COVID-19 pandemic; WHO declares it a pandemic.16 March 2020757.80 points (7.61%)COVID-19 pandemic.23 March 20201,135.20 points (12.98%)COVID-19 pandemic.4 June 20241,379.40 points (5.93%)The incumbent government secured fewer seats in the 2024 Indian general elections than was predicted by the exit polls.
Major single day gains The following table lists some of the notable single-day gains of the NIFTY 50 index. +DateGainProbable reason18 May 2009651.50 points (17.74%)2009 Indian general election results caused multiple trading curbs.20 September 2019655.45 points (6.12%)Announcement of corporate tax rate cuts.25 March 2020516.80 points (6.62%)US Senate passes a $2.2 trillion economic stimulus bill in response to the COVID-19 pandemic.7 April 2020708.40 points (8.76%)Indications that COVID-19 cases were easing around the world.1 February 2021646.60 points (4.74%) Union budget announcement.
Annual returns The following table shows the annual development of the NIFTY 50 since 2000. The historical daily returns data can be accessed from the NSE website.