Hello Ayushi
With the category rank of 507 you can't expect NIFT Delhi, Mumbai, Gandhinagar, Bangalore.
Now you will ask me how am i so sure as the cutoff's are not released yet. Yes, i know but if you consider last or last to last year's cutoff's then it will be quite clear.
The rank closes at 500-550 (OBC) for above mentioned NIFT's. I am not sure about Hyderabad as it can change.
For more info: https://www.google.com/amp/s/design.careers360.com/articles/nift-cutoff/amp
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