Summary:
- NIFTY 50 closed at 8561.30 as on January 31, 2017, an increase of 375.50 points (4.59%) as against 8185.80 as on December 30, 2016.
- The free float market capitalization of NIFTY 50 index was USD 464.83 Bn. as on January 31, 2017 as against USD 443.51 Bn. as on December 30, 2016. The free float market capitalization of NIFTY Next 50 index was USD 94.11 Bn. as on January 31, 2017 as against USD 86.29 Bn. as on December 30, 2016.
- Most indices across all categories gained during the one month period ending January 31, 2017. NIFTY Aditya Birla Group Index gained the most (16.92%) amongst all the indices during the month whereas the NIFTY IT index (-5.30%) was the biggest loser during the month.
- During the 3 month period ending January 31, 2017, the biggest gainer overall was NIFTY Metal Index (14.59%) and biggest gainers in various categories are NIFTY PSE (7.46%) in thematic index category, NIFTY Dividend Opportunities 50 (1.66%) in strategy index category and NIFTY Metal Index (14.59%) in sectoral index category. All indices among broad market category declined during this period.
- The biggest overall gainer during the 1 year period ending December 30, 2016 is NIFTY Metal (85.24%) and biggest gainers in their respective index categories are NIFTY Next 50 (26.52%) in broad market index category, NIFTY Commodities (43.51%) in thematic index category,NIFTY High Beta 50 (24.59%) in strategy index category and NIFTY Metal (85.24%) in sectoral index category. NIFTY Pharma index (-12.93%) is the biggest loser during the 1 year period.
- During January 2017, Reliance Nippon Life Asset Management Ltd. received an overwhelming response to its Further Fund Offer (FFO) of CPSE ETF linked to NIFTY CPSE index and raised Rs. 6,000 crores. The NIFTY CPSE Index is constructed by IISL in order to facilitate Government of India¿s initiative to dis-invest some of its stake in selected CPSEs.
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