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What is the abbreviation of the word NIFTY in the stock market?
Sachya13
It's not actually an abbreviation. Nifty is the S&P CRISIL NSE Index 50, which is the Indian equivalent of the Dow Jones Industrial Average. Because there are 50 stocks in it, people started calling it the "Nifty 50," and later just Nifty.
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∙ 12y ago
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