I'm not a Nikon shooter, but, yes, the 50mm f/1.8 lens gives you a large maximum aperture that will let in a lot of light when you're in low-light conditions such as indoors. The optics are great for how inexpensive the lens sells for.
Plus, the 50mm focal length is a nice one for portraits.
Hope this helps, and I'm sure the Nikon shooters will have more (helpful) things to say.
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