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Welcome to Shyam Advisory FIN Nifty Index, a financial advisory service dedicated to helping clients make informed investment decisions related to the Nifty Finance Index.
At Shyam Advisory, we are committed to providing expert insights and analysis on the market trends and performance of Nifty Finance companies, as well as customized investment recommendations to help clients achieve their financial goals. Our team of experienced advisors is dedicated to helping clients navigate the stock market and make a successful investment. We offer a variety of services, including daily or weekly market updates, analysis of specific companies or sectors, and access to educational resources such as market research reports and more.
Financial services in India include banks, insurance companies, non-banking financial companies (NBFCs), and housing finance companies, among others. The FINNIFTY index tracks the performance of these types of companies over time. It includes a maximum of 20 stocks, and the weight of each stock is based on its free float capitalization value in the market, which is calculated by multiplying the number of shares outstanding by the price of the stock and the investible weight factors.
A higher investible weight factor (IWF) indicates that a company has more shares under public shareholding. FINNIFTY aims to provide a single index that reflects the behavior of the various subsectors within the financial services sector in India, which are important for the success and growth of the economy.