Explained – Nifty Indices (Nifty50, Nifty Next 50, Nifty 500 & 12 Others)
There are many popular indices in Indian stock markets. You already know Nifty50 and Sensex and you regularly lookup for Nifty live or Sensex live data. And you might be regularly looking at differences in Nifty Vs Sensex . But these aren’t the only indices as many of you already know. There are several others as well – like Nifty100, Nifty Midcap 50, Nifty 500, etc. In fact, the NSE maintains around 15 broad market indices. These are: Nifty 50 Nifty Next 50 Nifty 100 Nifty 200 Nifty 500 Nifty Midcap 50 Nifty Midcap 100 Nifty Midcap 150 Nifty Smallcap 50 Nifty Smallcap 100 Nifty Smallcap 250 Nifty LargeMidcap 250 Nifty MidSmallcap 400 Nifty Microcap 250 (launched in 2021) Nifty500 Multicap 50:25:25 Wow! It can be confusing. And there are many more indices like the strategic ones. But let’s try to see how all the above-mentioned 15 indices are related to each other and fit into the broader index Nifty 500. Below is shown the index hierarchy published by NSEas shown below: L