Difference between Nifty and Sensex
May 14, 2024 ⚊ 1 Min read ⚊ Views 35 ⚊ BLOGNifty and Sensex stand out as the most prominent benchmarks. Nifty, short for National Stock Exchange Fifty, comprises the top 50 companies listed on the National Stock Exchange (NSE). It reflects the market performance of these select companies and is calculated using the free-float market capitalization weighted method.
While both indices serve similar purposes, they differ in terms of market representation, composition, and calculation methodology. Nifty includes a broader spectrum of 50 companies compared to Sensex’s 30, and the criteria for selecting constituent stocks may vary slightly between the two indices. Additionally, while both indices use market capitalization as a basis for calculation, their methodo
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