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I am really sorry if sir have replied to this question before please guide me where to check. I want to know how if nifty 50 calculated? Is it a simple formula or an eloborate algorithm?
I want to make a small app on it so that we can compare nifty 50 with nifty 50 excluding a few stocks. I am thinking about how to know if nifty was without reliance than how much has it gained from the bottom of 23rd march. A thanks in advance to anyone who does help.