Nifty 50 stocks have seen a decline of 854 points. It has appeared below 24000 for the first time since June 26.
Today's decline in Nifty was a bigger intraday decline than the previous decline of June 4. BSE Sensex fell by 2686 points to 78295.
All investors are pulling back. Nifty 50 stocks have fallen the most by 5.2% and Nifty Metal and Nifty PSU Bank have seen a decline of 5% and 4.9% respectively.
The US market started selling in the month of June on Friday. The sharpest decline in activity has been seen since December 2023.
And the growth of jobs has decreased significantly and with this the unemployment rate has reached 4.3%, which is the highest level since October 2011.
These figures have raised concerns about recession due to which
The Federal Reserve was criticized for maintaining interest rates. Economists argue that in view of the weakening market in this recession, the Fed should have reduced the rate last week to strengthen the economy.
These are the top companies in Indian Nifty 50 stocks
- Tata Consultancy Services: Also known as TCS, is a leading global IT services company and provides consulting and business services. Solutions organization.
- Infosys: Renowned for its innovative approach to providing IT solutions.
- HDFC Bank: One of India's leading banking institutions.
- ICICI Bank: A leading private sector bank that offers a wide range of financial services.
- Reliance Industries: A conglomerate with interests in petrochemicals, refining, oil, telecommunications, and retail.
- ONGC: A major player in India's oil and natural gas sector.
- Hindustan Unilever: Dominates the FMCG sector with a range of household and personal care products.
- ITC: Known for its diversified business in FMCG, hotels, paperboards, and packaging.
- Maruti Suzuki: India's largest car manufacturer.
- TATA Motors: A major player in the automotive sector, known for its range of vehicles ranging from passenger cars to commercial trucks.
Many mutual funds, ETFs and other investment products use the Nifty 50 as a benchmark. It serves as a standard against which the performance of these funds is measured.
The performance of Nifty 50 stocks is often considered as a barometer of the health of the Indian economy. It also provides information about the growth and stability of various sectors.
Nifty 50 stocks have shown strong growth over the years. It is calculated using the free float market capitalization method, which considers only the shares available for trading in the open market. This method provides a more accurate reflection of market sentiment and investor behavior.
Indian Market Fall
Indian Market Fall As of August 5, 2024, the Nifty 50 stocks are at 19,317.30, showing a marginal decline of 32.55 points or 0.17%. These minor fluctuations are part of the general market volatility influenced by various macroeconomic factors, corporate earnings and global market trends
Investing in Nifty 50 Stocks
Nifty 50 chart and live
The Nifty 50 stocks is a stock market index consisting of 50 leading companies listed on the National Stock Exchange of India. The index is weighted based on free-float market capitalization, which means it reflects the market value of the included companies relative to the base period of November 3, 1995.
Nifty 50 Compare
To provide a Nifty 50 stocks comparison, we can compare the Nifty 50 index with other indices like the S&P 500 or the BSE Sensex. Nifty can be compared on the basis of performance.
1. Select the indices to compare: Common choices include Nifty 50, BSE Sensex and S&P 500.
2. Collect historical data of the indices you want to compare: Collect historical price data for the selected indices over the same time period.
3. Plot the data: Create a visual comparison using a line chart.
Create a chart and then compare
How to buy nifty 50
To buy the Nifty 50 stocks index, you can invest in an ETF or an index fund that tracks the Nifty 50.
1. Open a demat and trading account:
If you want to invest in Nifty 50 or buy Nifty, you must have a demat account and a trading account with a registered brokerage firm. Popular brokers in India include Zerodha, HDFC Securities, ICICI Direct, and others.
2. Choose a Nifty 50 ETF
- Research and select Nifty 50 ETFs. Some of the popular Nifty 50 ETFs include:
- Nippon India ETF Nifty BeES
- SBI ETF Nifty 50
- DFC Nifty 50 ETF
- Place a buy order
Do this after logging in to your trading platform.
Search for the chosen Nifty 50 ETF using its ticker symbol.
Place a buy order for the number of units you wish to buy.
Monitor your investment:
Keep track of your ETF investment through your brokerage account. There may be profit or loss. Invest only after checking and researching.
Some of the popular Nifty 50 stocks index funds include:
- UTI Nifty Index Fund
- HDFC Index Fund
- Nifty 50 Plan
- ICICI Prudential Nifty Index Fund
Open an account with a mutual fund distributor
You can either invest directly with the mutual fund company or with some of the investing brokerages in India like CAMS, Karvy or open an account through online platforms like Groww, Paytm Money and Zerodha Coin.
Make sure your KYC details are updated. You will need and may need to submit documents like PAN card, Aadhaar card and a photograph.
In this, you get many options, decide in which you want to invest the money or want to set up a Systematic Investment Plan (SIP).
What is nifty next 50
The Nifty Next 50 index is a stock market index on the National Stock Exchange of India, representing 50 companies ranked 51st to 100th in terms of market capitalization, just below the companies included in the Nifty 50 stocks index. It includes mid- to large-cap companies that are not part of the Nifty 50, but are significant players in their respective industries and have the potential to move up in the Nifty 50 index.
All these are part of the Nifty 50
- **Godrej Consumer Products**
- **Bandhan Bank**
- **Page Industries**
- **Pidilite Industries**
- **Bosch**
- **ICICI Lombard General Insurance**
- **DLF**