Answer to Question #50294 in Other Management for Subramanian
Question #50294
Choose any two companies in the same industry which is listed in NIFTY. Compare the performance through Liquidity, Solvency, and Profitability with the help of five Years consecutive proforma statements.
Expert's answer
The CNX Nifty, also called the Nifty 50or simply the Nifty,is National Stock Exchange of India's benchmark stock market
index for Indian equity market. Nifty is owned and managed by India
Index Services and Products (IISL), which is a wholly owned subsidiary of
the NSE Strategic Investment Corporation Limited.
The CNX Nifty covers 22 sectors of the Indian economy and offers
investment managers exposure to the Indian market in one portfolio. During
2008-12, CNX Nifty 50 Index share of NSE market capitalisation fell from 65% to
29% due to the rise of sectoral indices like CNX Bank, CNX IT, CNX Mid Cap,
etc. The CNX Nifty 50 Index gives 29.70% weightage to financial services, 0.73%
weightage to industrial manufacturing and nil weightage to agricultural sector.
index for Indian equity market. Nifty is owned and managed by India
Index Services and Products (IISL), which is a wholly owned subsidiary of
the NSE Strategic Investment Corporation Limited.
The CNX Nifty covers 22 sectors of the Indian economy and offers
investment managers exposure to the Indian market in one portfolio. During
2008-12, CNX Nifty 50 Index share of NSE market capitalisation fell from 65% to
29% due to the rise of sectoral indices like CNX Bank, CNX IT, CNX Mid Cap,
etc. The CNX Nifty 50 Index gives 29.70% weightage to financial services, 0.73%
weightage to industrial manufacturing and nil weightage to agricultural sector.
Need a fast expert's response?
Submit orderand get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!
Ask Your question
Comments
Leave a comment