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What Is the Nifty 50?

When mentioned in the investment world, the Nifty 50 usually refers to a group of the 50 most popular large-cap stocks on the New York Stock Exchange (NYSE) in the 1960s and 1970s. Due to their marked stability, the Nifty 50 stocks were viewed as “one-decision” picks because investors were told to buy and hold them forever.

The growth stock companies in the Nifty 50 were characterized by consistent earnings growth and high price-to-earnings (P/E) ratios. They were also credited with propelling the bull market of the early 1970s. The Nifty 50 terminology came to an end in the early 70s amongst the high oil prices, rising interest rates, and political scandals, which led the U.S. economy into a bear market and saw the stock prices of many Nifty 50 companies fall dramatically.

After 1996, Nifty 50 gained an additional meaning in the financial industry, referring to a stock index on India’s stock exchange, which exists to this day.

Companies in the Nifty 50

The Other Nifty 50

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