Markets

NIFTY and SENSEX: India’s Benchmark Indices Explained

2026-06-15 · 4 min read

When the news says "the market rose today", it usually means a benchmark index rose. In India the two headline indices are the NIFTY 50 and the SENSEX.

What an index is

An index is a basket of stocks combined into a single number, weighted (in these cases) by free-float market cap — so larger companies move it more. Tracking the index is a quick way to gauge the overall direction of the market.

NIFTY 50 vs SENSEX

  • The NIFTY 50 (NSE) tracks 50 large-cap companies across sectors.
  • The SENSEX (BSE) tracks 30 large companies.

They overlap heavily and usually move together. Alongside them sit sectoral and size indices — BANK NIFTY, Nifty IT, Nifty Midcap 100, Nifty Smallcap 100, and more — which show how a particular slice of the market is doing.

Why watch indices

Indices give you context. A stock up 1% on a day the NIFTY is up 2% has actually underperformed the market. Index levels also frame "market breadth" — how broad a move is.

See live end-of-day levels for the major Indian and global indices, plus currencies and ADRs, on the Indices & FX page. Each one links out to its TradingView chart.

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