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We sometimes hear the term ‘Nifty fifty’ used in the US to denote a certain set of growth stocks. Is there any connection?

April 26, 2017certain denote growth hear stocks term Used

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We sometimes hear the term ‘Nifty fifty’ used in the US to denote a certain set of growth stocks. Is there any connection?

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No. It’s purely coincidental. It was research that led to the choice of 50 stocks as the optimal size of an index in the Indian equity market. One day, a clever leap was made from NSE-50 to ‘S&P CNX Nifty’.