CNX Nifty is used extensively by investors in India and around the world as a barometer of the India...........

Economic Affairs Others

CNX Nifty is used extensively by investors in India and around the world as a barometer of the Indian capital markets. It is prepared by

Reserve Bank of India (RBI)

Securities and Exchange Board of India (SEBI)

National Stock Exchange of India

Department of Financial Services, Union Government

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Explanation:

The NIFTY 50 covers 22 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The base period for the CNX Nifty index is 1995. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. NSE was set up by a group of leading Indian financial institutions at the behest of the government of India to bring transparency to the Indian capital market