Standard and Poor's CNX Nifty

Standard and Poor is a division of McGraw-Hill and is one of the major financial institutions in the world. They have created many financial indices that are designed to gauge the market. One of these indices is known as the CNX Nifty. Here are the basics of the CNX Nifty and how it could help you as an investor.

CNX Nifty

The CNX Nifty is a financial index that is based on the stock market in India. It is composed of what Standard & Poor's considers to be the top 50 stocks in the region. These stocks make up more than half of the entire stock market in India as far as volume is concerned. This index is also referred to as the "Nifty 50" by many investors.

Standard & Poor's manages this stock index with the help of The National Stock Exchange of India. Both of these entities play a vital role in managing the index.

Investment Considerations

As an investor, this index can be very valuable to you. Many investors will gauge a potential investment in the Indian market against the CNX Nifty as a way to determine strength. Before getting involved in any investments in India, it may be a good idea to check out this index.

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