What is the S&P Nifty Index and How Does it Work?
The S&P Nifty Index (symbol ZIN) is a widely followed benchmark index in the Indian stock market. It tracks the performance of the top 50 companies listed on the National Stock Exchange of India (NSE). This index provides investors with a snapshot of the overall market performance and is often used as a gauge for the Indian economy. Understanding how the S&P Nifty Index works can be helpful for investors looking to make informed decisions in the Indian stock market.