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WHAT IS NIFTY INDEX IN STOCK MARKET?
The NIFTY 50 Index is a measurement of the top 50 companies in terms of liquidity. NIFTY 50 Index is used in India as a measure of the stock’s performance. Investors and trading masters use the NIFTY 50 Index to determine the potential stocks and take trading decisions.
The top 50 stocks belong to 12 different sectors including IT, FMCG, finance, and others. However, there is no specific position of particular Nifty stocks. It depends on the stocks that have a strong balance sheet, global reach, and consistency. Such stocks will emerge as Nifty 50.
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