NIFTY 500 (NIFTY 500) live share price today at NSE

What is the Nifty 500 Index?

The Nifty 500 index is a broad market index that tracks the performance of the top 500 NSE-listed companies and provides a holistic view of the stock market’s performance. It includes the top 500 stocks according to their full market capitalisation value distributed over the large, mid, and small-cap segments. 

The Nifty 500 index covers approximately 92.1 % of the full market capitalisation of all the listed companies on the National Stock Exchange. It is a vital market index that measures the performance of the top 100 large-cap stocks, followed by 150 mid-cap and 250 small-cap stocks.  

• The Nifty 500 index represents the top 500 companies listed on the National Stock Exchange. 

• The index constituents cover the large, mid, and small-cap segments of the market. 

Nifty 500 Index - Formula & Calculation

The Nifty 500 index is computed using the free-float market capitalisation method. The index levels represent the free-float market cap of the equities included in it relative to a base period. 

Nifty 500 Index Formula = Free float market capitalisation/(base index value*base market capitalisation)

The Nifty 500 was launched with a base date of 1st January 1995 and a base value of 1000. The index is also subjected to a semi-annual review, and the cutoff dates are 31st January and 31st July of each year. Like all the other NSE indices, the Nifty 500 index is owned and managed by the NSE Indices Limited, a wholly owned subsidiary of the National Stock Exchange of India Limited. This organisation manages and operates the market indices under the brand name Nifty through its team of professionals. 

• The Nifty 500 index is owned and managed by NSE Indices Limited. 
• It is constituted based on the free float market capitalisation method. 

• The base date and index value of the Nifty 500 index are 1st January 1995 and 1000, respectively. 

Nifty 500 Index - Eligibility Criteria

• A company should have a trading frequency of at least 90% during the previous six months. 
• The average impact cost should be less than 1% during the previous six months.
• A company must be domiciled in India and listed on the National Stock Exchange. 
• The company's listing history should be at least 1 month. 
• The company must rank in the top 800 based on the six-month average market full market capitalisation and average daily turnover. 

Key takeaways on Nifty 500 Index

• The Nifty 500 index is a broad market index that tracks the performance of the top 500 NSE companies. 
• The constituents of the index are distributed among the large, mid, and small-cap segments; thus, the value of the index provides a holistic view of the stock market performance. 
• This index is owned and operated by NSE Indices Limited, a wholly owned subsidiary of the National Stock Exchange. 
• The stocks included in the index are based on their full market capitalisation and average daily turnover. 
• The index value is calculated using the full market capitalisation method.