NFTY Stock Summary and Trading Ideas (First Trust India Nifty 50 Equal Weight ETF | NASDAQ:NFTY)

The First Trust India NIFTY 50 Equal Weight ETF (the "Fund"), formerly First Trust Taiwan AlphaDEX Fund, seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the NIFTY 50 Equal Weight Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The NIFTY 50 Equal Weight Index is an equally weighted index that consists of the same companies as the NIFTY 50 Index, an index that tracks the performance of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India. The NIFTY 50 Equal Weight Index gives equal exposure to all 50 constituents. The same weight, or importance, is given to each stock in the index, allowing for the performance of smaller companies to contribute as much as the larger companies within the index.

First Trust India Nifty 50 Equal Weight ETF trades on the NASDAQ stock market under the symbol NFTY.

As of January 15, 2026, NFTY stock price declined to $57.81 with 11,549 million shares trading.

NFTY has a market cap of $167.65 million. This is considered a Micro Cap stock.

In the last 3 years, NFTY traded as high as $65.90 and as low as $40.74.

NFTY has underperformed the market in the last year with a price return of +6.1% while the SPY ETF gained +18.0%. NFTY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -0.4% and -0.9%, respectively, while the SPY returned +4.4% and +1.5%, respectively.

NFTY support price is $57.41 and resistance is $58.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NFTY shares will trade within this expected range on the day.