Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -6.93 % |
3 Month Return | -5.2 % |
1 Year Return | + 24.14 % |
Market Stats | |
Previous Close | 13,201.95 |
Open | 13,205.80 |
Portfolio Breakup
Sector
The Nifty 200 Index is a stock market index that represents the performance of the top 200 companies listed on the National Stock Exchange (NSE) of India. Launched by NSE Indices Limited, the index is designed to provide a comprehensive reflection of the broader Indian equity market. By including both large-cap and mid-cap companies, the Nifty 200 Index offers a balanced mix of stability and growth potential, making it a valuable benchmark for investors seeking broad market exposure.
The Nifty 200 Index was introduced to address the need for a more extensive benchmark that goes beyond the narrower focus of the Nifty 50 or Nifty 100 indices. By encompassing a wider range of companies, the Nifty 200 captures a significant portion of the market, thus offering a more accurate representation of the overall economic landscape in India. This broad-based index is beneficial for fund managers, institutional investors, and individual investors looking for a diversified investment portfolio.
The selection of companies in the Nifty 200 Index is based on stringent criteria to ensure that only the most relevant and liquid stocks are included. The eligibility criteria are as follows:
1. Listing on NSE: The company must be listed on the National Stock Exchange (NSE).
2. Inclusion in Nifty 100 and Nifty Midcap 100: The company must be part of either the Nifty 100 or the Nifty Midcap 100 indices.
3. Changes in Composition: The Nifty 200 will undergo changes whenever there are changes in the composition of the Nifty 100 and Nifty Midcap 100 indices, including the inclusion or exclusion of stocks.
The Nifty 200 Index is calculated using the free-float market capitalization method. This method considers only the shares available for trading in the open market, providing a more accurate reflection of market movements. Here’s a brief overview of the calculation process:
1. Free-Float Market Capitalization: Calculate the free-float market capitalization for each company by multiplying the number of freely tradable shares by the stock price. Free float refers to shares that are readily available to the public for trading and are not held by promoters.
2. Index Value Calculation: The total free-float market capitalization of all 200 companies is divided by a base market capitalization (set during the base year) and then multiplied by a base index value (typically 1000 or 100).
3. Index Maintenance: The index is periodically reviewed and rebalanced to ensure it continues to accurately represent the market. This includes adding new companies that meet the criteria and removing those that no longer qualify.
The Nifty 200 Index includes the top 200 companies listed on the NSE by market capitalization, spanning various sectors.
The Nifty 200 includes an additional 150 companies beyond the Nifty 50, offering broader market coverage and sector diversity.
Investing in the Nifty 200 provides diversification, exposure to both large-cap and mid-cap companies, and a comprehensive view of the Indian stock market.
You can invest in the Nifty 200 through index funds and ETFs that track the index's performance.
The Nifty 200 offers broader market representation, greater diversification, and the potential for higher growth by including both large-cap and mid-cap companies.