NIFTY index values

Hi,

appreciate any input

I believe NIFTY 50 is a reflection of the 50 stocks performance at any time and each of the stocks in this 50 has a % contribution.

However, I see that when NIFTY 50 is going up or down , many other stocks go up and down together in a similar fashion

Does 50 stocks effect NIFTY50 or NIFTY50 effects many of the 50 stocks.

any expert opinion on this?

regards,
lokesh

It is the movement in the 50 stocks which moves Nifty 50.

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it is the stocks that moves the index, not other way aroundā€¦

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