NIFTY

Definition : National + Fifty
Category : Business » Stock Market
Country/Region : India India
Popularity :
Type :
Portmanteau

What does NIFTY mean?

NIFTY means National stock exchange fifty. NIFTY 50, is a stock market index of well-established and financially sound companies listed on the National Stock Exchange (NSE). The term NIFTY is derived from the combination of two words - National and Fifty. NIFTY 50, consists of 50 actively traded stocks accounting for 12 sectors of the economy and act as a measure of India's economy.