FINANCIAL

MANAGEMENT

REPORT ON NIFTY50

Submitted by
Alen Augustine
FM-1952
Denin Joy
FM-1900
 Introduction

NIFTY 50
The NIFTY 50 is the flagship index on the National Stock Exchange
of India Ltd. The Index tracks the behaviour of a portfolio of blue
chip companies, the largest and most liquid Indian securities. It
includes 50 of the approximately 1600 companies traded on NSE,
captures approximately 65% of its float-adjusted market capitalization
and is a true reflection of the Indian stock market. The NIFTY 50
covers major sectors of the Indian economy and offers investment
managers exposure to the Indian market in one efficient portfolio. The
Index has been trading since April 1996 and is well suited for
benchmarking, index funds and index-based derivatives. The NIFTY
50 is owned and managed by NSE Indices Limited.
SOME MAJOR COMPANIES IN NIFTY50 ARE
1. Reliance Industries Ltd.
2. HDFC Bank Ltd.
3. Infosys Ltd.
4. Housing Development Finance Corporation Ltd.
5. ICICI Bank Ltd.
6. Tata Consultancy Services Ltd.
7. Kotak Mahindra Bank Ltd.
8. Hindustan Unilever Ltd.
9. AXIS Bank Ltd.
10. ITC Ltd
NIFTY performance from April-22-april 30 2021
April-22
Nifty50 and bank Nifty opened in the red Nifty50 opened at 14326.35 closed at
14341.35.Top gainers Where Dr Reddy lab, Hero MotoCorp, Cipla Top losers
where Bajaj finance,ICICI bank.
April-23
Nifty 50 closed at 14341 down 65points the bench-mark indices shed nearly 2
percent. Nifty PSU Bank, Nifty Reality was worst hit. Nifty 50 was opened at
14326.35.
April-26
Nifty50 opened at 14449.45 closed at 14485.After the week-end gap and
looses bench mark indices remained in the green Nifty gained 39points
Sectoral indices showed Nifty Reality and Nifty gained 3.4%,2% respectively.
Top gainers where Axis Bank, JSW steel and top losers where Cipla, HCL Tech.
April-27
Nifty50 opened at 14493.8 and closed at 14653.05. The market opened higher
and maintained their upward trajectory throughout the day and stocks closed
in green Top gainers where in the Nifty Metal sector which were Hindalco, Tata
steel and top losers where HDFC Life, SBI Life.
April-28
Nifty50 was opened at 14710.50 closed at 14864.55 points. Nifty gained a total
of 157.05 points.
April-29
Nifty50 was opened at 14979 and closed at 14894.90. The market showed a
consecutive fourth day rise. Major portion of the rise was played by Nifty
Metal sector which showed a gain of 4.5%.Top gainers of the day were JSW
steel, Tata Steel and top losers where the Nifty Auto Sector like Hero
MotoCorp, Eicher Motors.
April-30
Nifty50 was opened at 14747.35 and closed at 14631.1. After continuous gain
market felled. The loss was mainly due to selling pressure. Only sector which
was gained was Nifty Pharma other all sectors were losers. Industries like
ONGC, Coal India showed an upward trend While Top losers where HDFC,ICICI
Bank.

FINDINGS
Market was very fluctuating
2nd wave of covid is affecting the market
The gold price was decreasing which shows a good sign to market as people
are not investing more on gold and are investing on stocks
Dollar index continues has trended downwards even as Global covid cases
surge this will impact short term NIFTY performance.
An upward trend was shown for industries in NIFTY Metal sector this was
mainly due to increase in iron ore and steel price.

CONCLUSION
The main reason for a bear market is the covid situation. Vaccine shortage is
also affecting the market Fear and lockdown situation is also affecting the
market. But when comparing to market indices occurred on the first wave of
pandemic market is far better this shows a positive sign of recovery in the
market. There is also a investing behavior as the economy is expecting for a V-
shaped recovery.