Mumbai: India’s NIFTY 500 index (INDEXNSE: NIFTY_500), a broad-based benchmark representing the top 500 companies listed on the National Stock Exchange (NSE) by market capitalization, is navigating a volatile trading session today, April 17th.
As of 10:43 AM Indian Standard Time (IST), the NIFTY 500 was trading at 21,418.55. This marks a modest gain of +14.20 points, or 0.066%, compared to the previous close.
The intraday chart reveals significant fluctuations. The index opened at 21,379.35 and subsequently dipped to a low of 21,296.35 early in the session. However, it staged a strong recovery, surging to a high of 21,422.25 before settling near its current level. This “W-shaped” pattern highlights the day’s choppy trading dynamics.
Despite the volatility, the index is currently trading slightly above its previous closing value of 21,404.35.
The NIFTY 500 is a significant indicator for international investors tracking the overall health and direction of the Indian stock market, covering approximately 96% of the free-float market capitalization on the NSE. Today’s slight positive movement amidst volatility reflects the mixed sentiment currently prevailing in the broader Indian market.
