India, Feb. 20 -- justify;">Nifty 50 and Nifty Bank are two indices that are seen in market updates every day. They often move in the same direction, but they do not mean the same thing. One shows how large, listed companies across many areas are performing, while the other looks only at banking shares.
This article explains what each index is, how they differ, and how that can help readers decide which level to watch more closely.
The Nifty 50 is a stock market index of 50 large companies listed on the National Stock Exchange. It covers several business areas, such as finance, IT, energy, consumer products, etc. Because it brings many sectors together in one frame, it is often used as a broad guide to how large listed shares are moving...
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