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Open₹33,283.45
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Close₹33,442.55
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Day Range₹33,283.45- ₹33,659.45
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Year Range₹38,559.85- ₹27,388.80
Top Indices & Stocks
Nifty 50
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+0.75%
167.95
Nifty Bank
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+0.63%
305.95
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+0.66%
486.50
HDFC BANK LT
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-0.95
ADANI POWER
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-0.70%
-4.15
TATA MOTORS
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+0.97%
9.60
ADANI GREEN
₹1,812.65
+0.24%
4.35
RAIL VIKAS N
₹287.15
+1.02%
2.90
MRF LTD
₹129,700.00
+0.91%
1,175.55
RELIANCE IND
₹2,919.95
+0.68%
19.60
INDIAN RAILW
₹150.25
+0.84%
1.25
YES BANK LIM
₹25.95
+1.96%
0.50
INDIAN OIL C
₹170.20
+0.86%
1.45
INDIAN RENEW
₹167.25
+0.39%
0.65
ADANI PORT &
₹1,330.55
+0.76%
10.05
TATA POWER C
₹431.45
+0.74%
3.15
ADANI ENTERP
₹3,115.25
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71.70
RELIANCE POW
₹27.50
-0.36%
-0.10
SUZLON ENERG
₹42.15
+0.84%
0.35
ZOMATO LIMIT
₹184.70
+0.16%
0.30
STATE BANK O
₹812.70
+5.12%
39.60
TATA STEEL L
₹167.70
+1.30%
2.15
NHPC LTD
₹91.05
+0.89%
0.80
JAIPRAKASH P
₹18.05
0.00%
0.00
ITC LTD
₹437.55
+2.02%
8.65
VODAFONE IDE
₹13.90
+6.11%
0.80
JIO FIN SERV
₹382.30
+0.12%
0.45
Nifty It Share Price
Nifty IT
₹ 33,554.45
+111.90 (+0.33%)
Financial Performance
Nifty It Companies List
Name
Last Price
Change
Open Price
Close Price
MPHASIS LIMITED
₹0
₹0
0
0
₹0
₹0
PERSISTENT SYSTEMS LTD
₹0
₹0
0
0
₹0
₹0
TECH MAHINDRA LIMITED
₹0
₹0
0
0
₹0
₹0
HCL TECHNOLOGIES LTD
₹0
₹0
0
0
₹0
₹0
INFOSYS LIMITED
₹0
₹0
0
0
₹0
₹0
LTIMINDTREE LIMITED
₹0
₹0
0
0
₹0
₹0
COFORGE LIMITED
₹0
₹0
0
0
₹0
₹0
L&T TECHNOLOGY SER. LTD.
₹0
₹0
0
0
₹0
₹0
TATA CONSULTANCY SERV LT
₹0
₹0
0
0
₹0
₹0
WIPRO LTD
₹0
₹0
0
0
₹0
₹0
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Key Indices in NSE
Frequently Asked Questions
What are the indices in Nifty It ?
In the world of investments, risk and performance are interdependent. Hence, to know the desirability of a stock, we need to understand and study the risk involved. The Nifty It Indices provide us with the benefit of studying the market stocks over a period of time to analyse the performance and risk associated with it. Stock market indices capture the behaviour of the overall Equity market.
All stock prices move for two sole reasons - news about company (closure of factory, product launch and such) or national news (weather, nuclear bombs, budget announcement and more). The indices capture the movements as per these two parameters through averaging. Indices are a source of information through which we can see how the market is faring. Nowadays, indices are all used for index funds and index derivatives. Index funds are those funds passively invest in the index while index derivatives allow altering risk exposure to an index (hedging) and implement forecasts and index movement (speculation). Lastly, indices are a benchmark for performance by fund managers. All equity funds beget returns like the overall index and a 50:50 debt:equity fund begets returns on 50% investment & 50% fixed income.
The Nifty It indices are benchmark indices that list Nifty It of the biggest companies listed in the NSE out of the total number - 1600 companies that are registered.
All stock prices move for two sole reasons - news about company (closure of factory, product launch and such) or national news (weather, nuclear bombs, budget announcement and more). The indices capture the movements as per these two parameters through averaging. Indices are a source of information through which we can see how the market is faring. Nowadays, indices are all used for index funds and index derivatives. Index funds are those funds passively invest in the index while index derivatives allow altering risk exposure to an index (hedging) and implement forecasts and index movement (speculation). Lastly, indices are a benchmark for performance by fund managers. All equity funds beget returns like the overall index and a 50:50 debt:equity fund begets returns on 50% investment & 50% fixed income.
The Nifty It indices are benchmark indices that list Nifty It of the biggest companies listed in the NSE out of the total number - 1600 companies that are registered.
Is Nifty It a good investment?
The Nifty It stocks are some of the top companies in the country, and by buying this, your portfolio looks well rounded as well as you become part owner of fantastic companies! Having said that, the index is just a measurement of the history and current performance of the stock market. While these are top companies, and the chances of their share price rising are good, the risk needs to be studied through the Nifty It indices. In the past, the Nifty has seen losses and well as gains, both big. Blindly putting investments on it is never a good idea.
There are many ways to invest in Nifty It that include Nifty stocks, futures, options & ETFs. They are known for good returns and being long term investments. Some fund managers like to make a well rounded portfolio and invest in the entire index fund, which means that all the returns earned by the index will be the same as the returns percentage you receive. In an entire index return, the good and bad get cancelled out, making overall gain chances better. For example, there is a fall in the share of one company, but a rise in another, these two will cancel each other out. There exist many index mutual fund investment strategies as well. You cannot buy the entire index directly, but buy each share on the index separately in equal quantities. This promises lower expense ratio and better market returns.
There are many ways to invest in Nifty It that include Nifty stocks, futures, options & ETFs. They are known for good returns and being long term investments. Some fund managers like to make a well rounded portfolio and invest in the entire index fund, which means that all the returns earned by the index will be the same as the returns percentage you receive. In an entire index return, the good and bad get cancelled out, making overall gain chances better. For example, there is a fall in the share of one company, but a rise in another, these two will cancel each other out. There exist many index mutual fund investment strategies as well. You cannot buy the entire index directly, but buy each share on the index separately in equal quantities. This promises lower expense ratio and better market returns.
Can I invest in Nifty It?
Yes, you can invest in Nifty It. As we know now, Nifty It is a benchmark of the Indian stock market index. If Nifty It is going upwards, the Indian economy is doing well and going upwards too.
You can invest in the Nifty It index and earn returns from all stocks. You can do this through the Upstox website or app through:
You can invest in the Nifty It index and earn returns from all stocks. You can do this through the Upstox website or app through:
- 1. Spot Trading: This is the most simplest way to invest in Nifty It. Through this you can select some Nifty It stocks or choose to buy some of them individually and reap benefits individually on each.
- 2. Derivative Trading: Derivatives are financial contracts that obtain their value from an underlying asset. These assets could be indices, stocks, currency or commodities. The involved parties decide on a future date to settle the contract. Speculation is made on the value that the underlying asset will achieve in the future, which is how a profit is attained. In Nifty It index, two kinds of derivatives are available:
- a. Nifty It Futures: With Nifty It futures, the buyer and seller both agree to buy & sell at a predetermined future date. This becomes the basis for the contract, during the period of which the stock can be sold and a profit attained if the price rises. If the price drops, you can wait for the date of settlement.
- b. Nifty It Options: With Nifty It options, the buyer and seller both agree to buy & sell at a predetermined future date at a price they decide upon in the present. The buyer pays a premium amount and obtains the legal right to buy and sell the stock in the future. This is a right, not a compulsion.
- 3. Index Funds: Index fund is a type of mutual fund designed to provide you with market exposure. In the case of Nifty It, a portfolio consisting of all the stocks available in equal quantities. This way, the portfolio earns returns as per the Nifty It Index.
Can I check Nifty It Share Price Historical data?
Yes, you can check the Nifty It’s historical price movements on Upstox. All you have to do is head to the historical data page and fill out Nifty It, NSE & if you want daily, monthly, yearly or a particular date. Click enter, and you will see the Nifty It Historical Data.
How are indices calculated?
The Nifty It indices are calculated as per the float-adjusted and market capitalization method. The aggregate market value of the stocks present in the index for a specific period are demonstrated in the level index. 3rd November 1995 is the base duration for the Nifty It index. The best value for the stocks is Rs. 1,000, while the base capital is Rs. 2.06 Trillion.
Formula for Index Value:
Market Capitalisation = Price x Equity Capital
Free Float Market Capitalisation = Price x Equity Capital x Investable Weight Factor
Index Value = Current Market Value / (1,000 x Base Market Capital)
IWF (Investable Weight Factor) is a factor that is used to calculate the number of shares that are available for trading. The value of stock changes on a daily basis which is why the index calculation is made on a real-time basis. This formula determines the value as well as the changes in the corporate procedures like right issues, stock splits, etc.
Formula for Index Value:
Market Capitalisation = Price x Equity Capital
Free Float Market Capitalisation = Price x Equity Capital x Investable Weight Factor
Index Value = Current Market Value / (1,000 x Base Market Capital)
IWF (Investable Weight Factor) is a factor that is used to calculate the number of shares that are available for trading. The value of stock changes on a daily basis which is why the index calculation is made on a real-time basis. This formula determines the value as well as the changes in the corporate procedures like right issues, stock splits, etc.
How many indices are in NSE?
NSE Indices Limited (Formerly India Index Services and Products Limited (IISL)) is a subsidiary of the NSE of India. It provides various different types of Indices. There are mainly three types of stock market indices - Benchmark Indices, Sectoral Indices, Market Cap Based Indices and a few other Indices. In totality, NSE has over 100 Equity Indices.
What is the difference between index and indices?
Index & Indices are the same thing. Index is singular form and Indices is plural form. Indexes is also correct but over time, Indices is the scientific & systematic term used especially in mathematical values and stock exchange.
What are the types of NSE stock indices?
NSE Indices Limited provides various different types of Indices. There are mainly three types of stock market indices - Benchmark Indices, Sectoral Indices, Market Cap Based Indices and a few other Indices.
- 1. Benchmark Indices: Benchmark Indices use the best practice to regulate the companies they pick, making them the best point of reference for the working of the market as well as the Indian economy.
- a. Nifty It - A collection of the top performing companies of India.
- b. Sensex - A collection of the top 30 best performing stocks of NSE and BSE Exchange respectively.
- 2. Sectoral Indices: These indices have many good indicators that measure companies in specific sectors. But, both NSE and BSE do not have all sector indices. Some examples of Sectoral indices include NSE Pharma and Nifty PSU Bank.
- 3. Market Cap Based Indices: Indices that select companies based on their market capitalization come under these types of indices. Some examples include NSE small cap 50.
- 4. Other Indices: NSE 100, among others, are larger indices with more stocks listed on them.
Who owns Nifty It?
Nifty It is a popular stock index that was introduced in 1992, and implemented by 1994 by the National Stock Exchange of India. It is owned and managed by India Index Service & Products Limited (IISL) that is an Indian specialised company that focuses on indices like Index Funds, Index Options & Index Futures.
Can I buy Nifty It shares from Upstox?
Yes, you can buy Nifty It shares from Upstox by following these steps.
- Step 1: Head to the Upstox website or download the app.
- Step 2: Sign up.
- Step 3: Fill in your KYC/e-KYC and create your Demat account.
- Step 4: Decide how you wish to invest in Nifty It - through index funds, Nifty futures, Nifty options or spot trading.
- Step 5: Place your order.
About NIFTY IT
The NIFTY IT index is a stock market index in India that represents the performance of the Information Technology (IT) sector. It is part of the broader Nifty indices, which are managed and owned by the National Stock Exchange of India (NSE). The NIFTY IT index includes companies engaged in software development, IT services and other activities within the IT sector.
The NIFTY IT index is designed to track the performance of IT companies listed on the NSE and provides investors with a benchmark to assess the overall health and trends of the IT industry. It is a useful tool for investors and market analysts interested in the sector trends.
What is the NIFTY IT Index?
The NIFTY IT index is one of the most important indices as it includes some of the most prominent large-cap companies in the stock market such as Infosys, TCS and Wipro. This real-time index consists of 10 tradable, exchange-listed IT stocks actively involved in information technology.
NIFTY IT Index was founded in 1996 and it is owned and managed by NSE Indices Limited, formerly known as India Index Services and Products Limited. The index operates under a three-tier structure. This structure includes the Board of Directors of NSE Indices, the Index Advisory Committee and the Index Maintenance Sub-Committee.
Companies included in the NIFTY IT index are engaged in various IT services, including computer software and consulting, computer hardware and equipment, education, IT-enabled services and software products.
There is a variant of the NIFTY IT index called the NIFTY IT Total Returns Index. This index is used for launching index funds, ETFs, structured investment products and benchmarking fund portfolios.
History
The index was introduced with January 1, 1996, as the base date and an initial base value of 1,000. This base value was later adjusted to 100, starting from May 28, 2004, and a cap of 33% was implemented. The index undergoes rescheduling on a bi-annual basis. The rebalancing cut-off date is January 31 and July 31 of each year.
Constituent Companies
The NIFTY IT index comprises leading companies in the Indian Information Technology sector. These companies are Infosys, Tata Consultancy Services, Tech Mahindra, HCL Technologies, Wipro, MphasiS, MindTree, Larsen and Toubro Infotech, Coforge and L&T Technology Services. Collectively, Infosys and TCS contribute to over 50% of the index's total weight.
Criteria for Companies Constituent to Be Included in NIFTY IT:
- The company must be part of the NIFTY 500 during the review.
- It must belong to the IT sector.
- The company's trading frequency should be at least 90% in the last six months.
- The company should have a minimum listing history of 1 month as of the cutoff date.
- The final selection of 10 companies is based on free-float market capitalisation. Preference will be given to companies available for trading in NSE’s Futures and Options segment during the final selection.
- Each stock's weightage in the index is calculated based on its free-float market capitalisation.
- No single company's stock can exceed 33% and the cumulative weightage of the top 3 stocks cannot surpass 62% during rebalancing.
How are NIFTY IT Companies Ranked?
The constituent companies are arranged in descending order according to their average free-float market capitalisation. The final selection of 10 companies is based on the free-float market capitalisation with the criteria that a company's market capitalisation is at least 1.5 times that of the smallest constituent in the index.