The Nifty 50 stock list tracks the performance of the top 50 blue-chip companies on the National Stock Exchange (NSE) based on market capitalization. It serves as a benchmark index for the Indian stock market, representing the weighted average of the top 50 NSE-listed companies. The Nifty 50 Index is crucial for various financial purposes, including benchmarking fund portfolios, index funds, ETFs, and structured products. It is computed in four currencies: Indian Rupee (INR), US Dollar (USD), Australian Dollar (AUD), and Canadian Dollar (CAD).
Nifty 50 Sector Weightage:
The NIFTY 50 Index assigns sector weightage as follows:
- Financial Services: 37.00%
- Information Technology: 13.66%
- Energy: 11.35%
- Consumer Goods: 9.30%
- Automobiles: 6.05%
- Healthcare: 4.09%
The sector weightage in the Nifty 50 index can change based on the performance of constituent stocks.
Top Nifty 50 Companies in 2024:
Here are the top 10 companies in the Nifty 50 Index as of August 31, 2023, along with their respective sectors and weightage percentages:
- HDFC Bank Ltd. (HDFCBANK) – Financial Services (13.77%)
- Reliance Industries Ltd. (RELIANCE) – Oil Gas & Consumable Fuels (9.56%)
- ICICI Bank Ltd. (ICICIBANK) – Financial Services (7.87%)
- Infosys Ltd. (INFY) – Information Technology (6.01%)
- ITC Ltd. (ITC) – Fast Moving Consumer Goods (4.55%)
- Tata Consultancy Services Ltd. (TCS) – Information Technology (4.04%)
- Larsen & Toubro Ltd. (LT) – Construction (3.54%)
- Axis Bank Ltd. (AXISBANK) – Financial Services (3.13%)
- Kotak Mahindra Bank Ltd. (KOTAKBANK) – Financial Services (3.04%)
- Hindustan Unilever Ltd. (HINDUNILVR) – Fast Moving Consumer Goods (2.63%)
S.No Symbol Industry Live Market Price Weightage (%)
1 HDFCBANK Financial Services 1,461.60 13.77%
2 RELIANCE Oil Gas & Consumable Fuels 2,839.00 9.56%
3 ICICIBANK Financial Services 1,120.60 7.87%
4 INFY Information Technology 1,425.45 6.01%
5 ITC Fast Moving Consumer Goods 429.60 4.55%
6 TCS Information Technology 3,902.00 4.04%
7 LT Construction 3,375.00 3.54%
8 AXISBANK Financial Services 1,123.05 3.13%
9 KOTAKBANK Financial Services 1,646.00 3.04%
10 HINDUNILVR Fast Moving Consumer Goods 2,351.00 2.63%
11 SBIN Financial Services 817.90 2.53%
12 BHARTIARTL Telecommunication 1,287.05 2.52%
13 BAJFINANCE Financial Services 6,682.00 2.24%
14 ASIANPAINT Consumer Durables 2,866.70 1.72%
15 M&M Automobile and Auto Components 2,271.80 1.62%
16 MARUTI Automobile and Auto Components 12,799.35 1.56%
17 TITAN Consumer Durables 3,290.10 1.52%
18 HCLTECH Information Technology 1,319.25 1.46%
19 SUNPHARMA Healthcare 1,545.80 1.41%
20 TATAMOTORS Automobile and Auto Components 964.75 1.24%
21 NTPC Power 355.20 1.23%
22 TATASTEEL Metals & Mining 164.85 1.16%
23 ULTRACEMCO Construction Materials 9,660.00 1.12%
24 INDUSINDBK Financial Services 1,420.95 1.05%
25 POWERGRID Power 309.35 0.98%
26 BAJAJFINSV Financial Services 1,579.50 0.95%
27 NESTLEIND Fast Moving Consumer Goods 2,494.00 0.92%
28 TECHM Information Technology 1,275.00 0.88%
29 ADANIENT Metals & Mining 3,035.00 0.87%
30 JSWSTEEL Metals & Mining 881.00 0.87%
31 HDFCLIFE Financial Services 560.85 0.81%
32 ONGC Oil Gas & Consumable Fuels 274.50 0.80%
33 DRREDDY Healthcare 5,873.00 0.80%
34 HINDALCO Metals & Mining 646.15 0.79%
35 GRASIM Construction Materials 2,382.20 0.78%
36 ADANIPORTS Services 1,332.35 0.78%
37 CIPLA Healthcare 1,358.20 0.77%
38 WIPRO Information Technology 457.00 0.71%
39 SBILIFE Financial Services 1,436.50 0.68%
40 BRITANNIA Fast Moving Consumer Goods 5,134.05 0.62%
41 COALINDIA Oil Gas & Consumable Fuels 448.50 0.62%
42 BAJAJ-AUTO Automobile and Auto Components 9,068.10 0.61%
43 TATACONSUM Fast Moving Consumer Goods 1,086.00 0.58%
44 APOLLOHOSP Healthcare 5,868.80 0.57%
45 LTIM Information Technology 4,636.70 0.56%
46 DIVISLAB Healthcare 3,895.00 0.54%
47 EICHERMOT Automobile and Auto Components 4,730.65 0.54%
48 HEROMOTOCO Automobile and Auto Components 5,050.00 0.44%
49 BPCL Oil Gas & Consumable Fuels 607.70 0.38%
50 UPL Chemicals 510.95 0.35%
S.No | Symbol | Industry | Live Market Price | Weightage (%) |
---|---|---|---|---|
1 | HDFCBANK | Financial Services | 1,461.60 | 13.77% |
2 | RELIANCE | Oil Gas & Consumable Fuels | 2,839.00 | 9.56% |
3 | ICICIBANK | Financial Services | 1,120.60 | 7.87% |
4 | INFY | Information Technology | 1,425.45 | 6.01% |
5 | ITC | Fast Moving Consumer Goods | 429.60 | 4.55% |
6 | TCS | Information Technology | 3,902.00 | 4.04% |
7 | LT | Construction | 3,375.00 | 3.54% |
8 | AXISBANK | Financial Services | 1,123.05 | 3.13% |
9 | KOTAKBANK | Financial Services | 1,646.00 | 3.04% |
10 | HINDUNILVR | Fast Moving Consumer Goods | 2,351.00 | 2.63% |
11 | SBIN | Financial Services | 817.90 | 2.53% |
12 | BHARTIARTL | Telecommunication | 1,287.05 | 2.52% |
13 | BAJFINANCE | Financial Services | 6,682.00 | 2.24% |
14 | ASIANPAINT | Consumer Durables | 2,866.70 | 1.72% |
15 | M&M | Automobile and Auto Components | 2,271.80 | 1.62% |
16 | MARUTI | Automobile and Auto Components | 12,799.35 | 1.56% |
17 | TITAN | Consumer Durables | 3,290.10 | 1.52% |
18 | HCLTECH | Information Technology | 1,319.25 | 1.46% |
19 | SUNPHARMA | Healthcare | 1,545.80 | 1.41% |
20 | TATAMOTORS | Automobile and Auto Components | 964.75 | 1.24% |
21 | NTPC | Power | 355.20 | 1.23% |
22 | TATASTEEL | Metals & Mining | 164.85 | 1.16% |
23 | ULTRACEMCO | Construction Materials | 9,660.00 | 1.12% |
24 | INDUSINDBK | Financial Services | 1,420.95 | 1.05% |
25 | POWERGRID | Power | 309.35 | 0.98% |
26 | BAJAJFINSV | Financial Services | 1,579.50 | 0.95% |
27 | NESTLEIND | Fast Moving Consumer Goods | 2,494.00 | 0.92% |
28 | TECHM | Information Technology | 1,275.00 | 0.88% |
29 | ADANIENT | Metals & Mining | 3,035.00 | 0.87% |
30 | JSWSTEEL | Metals & Mining | 881.00 | 0.87% |
31 | HDFCLIFE | Financial Services | 560.85 | 0.81% |
32 | ONGC | Oil Gas & Consumable Fuels | 274.50 | 0.80% |
33 | DRREDDY | Healthcare | 5,873.00 | 0.80% |
34 | HINDALCO | Metals & Mining | 646.15 | 0.79% |
35 | GRASIM | Construction Materials | 2,382.20 | 0.78% |
36 | ADANIPORTS | Services | 1,332.35 | 0.78% |
37 | CIPLA | Healthcare | 1,358.20 | 0.77% |
38 | WIPRO | Information Technology | 457.00 | 0.71% |
39 | SBILIFE | Financial Services | 1,436.50 | 0.68% |
40 | BRITANNIA | Fast Moving Consumer Goods | 5,134.05 | 0.62% |
41 | COALINDIA | Oil Gas & Consumable Fuels | 448.50 | 0.62% |
42 | BAJAJ-AUTO | Automobile and Auto Components | 9,068.10 | 0.61% |
43 | TATACONSUM | Fast Moving Consumer Goods | 1,086.00 | 0.58% |
44 | APOLLOHOSP | Healthcare | 5,868.80 | 0.57% |
45 | LTIM | Information Technology | 4,636.70 | 0.56% |
46 | DIVISLAB | Healthcare | 3,895.00 | 0.54% |
47 | EICHERMOT | Automobile and Auto Components | 4,730.65 | 0.54% |
48 | HEROMOTOCO | Automobile and Auto Components | 5,050.00 | 0.44% |
49 | BPCL | Oil Gas & Consumable Fuels | 607.70 | 0.38% |
50 | UPL | Chemicals | 510.95 | 0.35% |
Click Here to check the Detailed View of Nifty 50 Companies weightage in 2024:
Investing in Nifty 50 Companies:
There are several ways to invest in Nifty 50 companies:
- Directly purchasing individual stocks, although this can be capital-intensive and challenging to manage all 50 stocks.
- Investing through mutual funds that track Nifty 50 stocks, with options for SIP or lumpsum investments.
- Engaging in Nifty Futures and Options (F&O) trading, but this involves higher risk due to leverage.
Selection Criteria for Nifty 50 Companies:
To qualify for inclusion in the Nifty 50 Index, companies must meet certain criteria:
- Liquidity: Stocks must have traded with an average impact cost of 0.50% or less during the last six months for 90% of observations for a portfolio of INR 10 crores.
- FloatAdjusted Market Capitalization: Companies must have a free-float market capitalization at least 1.5 times the average free-float market capitalization of the smallest constituent in the index.
- Trading Frequency: Companies should have a trading frequency of 100% in the last six months.
- Futures & Options Eligibility: Only companies permitted to trade in the F&O segment are eligible.
- Listing History: Newly listed stocks need a listing history of 6 months, except for IPO listings, which can qualify with a 3-month history.
Conclusion:
The Nifty 50 Index plays a pivotal role in the Indian stock market, serving as a benchmark for investors and fund managers. Understanding its composition, sector weightage, and selection criteria can help investors make informed decisions when considering investments in Nifty 50 companies.