1 in every 5 stocks in Nifty 500 doubled your money in a year (2024)
India’s stock market concluded the financial year 2023-24 on a buoyant note, with the Nifty jumping nearly 28.6%, making it one of the top-performing markets in the world.
Agencies
The index’s performance is also its second-best in the previous 10 years. Mid- and small-cap stocks were the top performers in the April-March period, while the financial year witnessed the resurgence of investment themes such as power, capital goods, and PSUs, which were mostly out of favour since 2008.
The broad-based rally cemented Tata Group’s position as the country’s most valuable business house with market capitalisation topping `30.20 lakh crore.
The Nifty 500 tends to fall a bit more when markets crash, but it also gains more in up-trending years. "Nifty 500 is a passive multi-cap fund, giving exposure to the Indian economy and is a good starting point for first-time investors," said Nirav Karkera, head of research at Fisdom.
The Nifty500 Value 50 index consists of 50 companies from its parent Nifty 500 index, selected based on their 'value' scores. The value score for each company is determined based on Earnings to Price ratio (E/P), Book Value to Price ratio (B/P), Sales to Price ratio (S/P) and Dividend Yield.
The Nifty is calculated using the base value of 1,000. The market value is divided by the base market capital multiplied by the base value of 1,000 to determine the index value of Nifty daily. Index Value = Current Market Value / (1000 * Base Market Capital).
Since the NIFTY 50 index contains large-cap companies listed on the NSE, it covers some of the most stable stocks across various sectors. This means there is significantly less risk no matter when you invest.
With all these factors taken into consideration, the best time of day to trade is 9:30 to 10:30 am. The stock market opens for trading at 9:15 AM and in the first 15 minutes, the market is still responding to the previous day's news with experienced traders waiting to make their move.
Are Nifty 500 stocks liquid? Yes, Nifty 500 equities are generally liquid, which means they can be purchased and traded easily. These equities' liquidity ensures that investors can enter and exit holdings without significantly affecting the price.
Top blue chip stocks under 500 Rs include ITC Ltd, Oil and Natural Gas Corporation Ltd, NTPC Ltd, Coal India Ltd, and Wipro Ltd. These companies are renowned for their stability, strong market presence, and consistent performance, making them attractive options for investors seeking reliability in their portfolios.
The National Stock Exchange Fifty (NIFTY 50) is responsible for tracking the performance of the 50 Blue-Chip companies across various sectors in the Indian economy like finance, technology, consumer goods, and pharmaceuticals.
You can diversify your stock portfolio significantly by investing in the NSE 500 Index as it includes large, mid, and small-cap stocks. The NIFTY 500 stock list is rebalanced semi-annually with cut-off dates of 31st January and 31st July each year.
The S&P 500's value is calculated by multiplying the market capitalization of each constituent company by the total number of shares outstanding. Market cap equals each company's share price multiplied by the total number of its shares outstanding. Shares outstanding are the stock that is held by shareholders.
Securities will be included if full market capitalisation is 1.50 times of the last constituent in Nifty 500 v. Securities will be excluded if rank based on full market capitalisation falls below 800 vi.
The factors determining the value of an option include the current stock price, the intrinsic value, the time to expiration or time value, volatility, interest rates, and cash dividends paid.
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Agencies