Nifty 50 Companies Weightage – Detailed Information

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Nifty 50 Companies Weightage – Detailed Information

What is Nifty 50 Companies Weightage – The separate weightage of the top 50 shares is called nifty 50 weightage. Nifty 50 is a benchmark stock market index in India that includes the top 50 companies listed on the NSE.

Friends, the weightage of each company in the Nifty 50 index is determined based on its market value, which is calculated based on the total shares of the company and its current market value.

All the shares listed in Nifty 50 are given some weightage and the Nifty 50 index also moves up or down depending on the move of each share. Shares with higher weightage in nifty have more impact on the share market than shares with lesser weightage.

This is the reason why investors and traders keep a close watch on all the shares listed in the index along with the index separately before making a trade.

What is the importance of nifty?

Nifty 50 index is a very important tool, let’s know about it

By going above or below the nifty 50 index you can roughly guess the future of your shares (if your share is among the index shares). You can use the nifty index as a report card, which tells you what kind of movement is going to happen in the share market or your area in the coming days.

It becomes easy for you to understand the share market through the nifty index because it lets you know which sector is doing well and which is going into recession. However, the index going up or down keeps changing every day and only your experience comes in handy during the rising time.

 

Security Name Industry Weightage (%)
HDFC Bank Ltd Financial Services 11.02
Reliance Industries Ltd Oil, Gas & Consumable Fuels 9.13
ICICI Bank Ltd Financial Services 7.73
Infosys Ltd Information Technology 6.27
ITC Ltd. Fast Moving Consumer Goods 4.14
Tata Consultancy Services Ltd. Information Technology 4.12
Larsen & Toubro Ltd. Construction 3.87
Bharti Airtel Ltd. Telecommunication 3.8
Axis Bank Ltd Financial Services 2.99
State Bank of India Financial Services 2.8
Mahindra & Mahindra Ltd. Automobile and Auto Components 2.62
Kotak Mahindra Bank Ltd Financial Services 2.5
Hindustan Unilever Ltd. Fast Moving Consumer Goods 2.08
Bajaj Finance Ltd. Financial Services 1.87
NTPC Ltd. Power 1.69
Tata Motors Ltd. Automobile and Auto Components 1.64
Sun Pharmaceutical Industries Ltd. Healthcare 1.55
Maruti Suzuki India Ltd Automobile and Auto Components 1.5
HCL Technologies Ltd. Information Technology 1.46
Power Grid Corporation of India Ltd. Power 1.42
Tata Steel Ltd. Metals & Mining 1.35
Titan Company Ltd. Consumer Durables 1.34
UltraTech Cement Ltd. Construction Materials 1.27
Asian Paints Ltd. Consumer Durables 1.24
Adani Ports and Special Economic Zone Ltd. Services 1.02
Coal India Ltd. Oil, Gas & Consumable Fuels 1.02
Oil & Natural Gas Corporation Ltd. Oil, Gas & Consumable Fuels 1.01
Bajaj Auto Ltd. Automobile and Auto Components 1
Hindalco Industries Ltd. Metals & Mining 0.95
Grasim Industries Ltd. Construction Materials 0.93
IndusInd Bank Ltd. Financial Services 0.91
Nestle India Ltd. Fast Moving Consumer Goods 0.86
Tech Mahindra Ltd. Information Technology 0.86
JSW Steel Ltd. Metals & Mining 0.84
Bajaj Finserv Ltd. Financial Services 0.81
Adani Enterprises Ltd. Metals & Mining 0.78
Shriram Finance Ltd. Financial Services 0.76
Cipla Ltd. Healthcare 0.73
Dr. Reddy’s Laboratories Ltd. Healthcare 0.73
Hero MotoCorp Ltd. Automobile and Auto Components 0.68
Wipro Ltd. Information Technology 0.68
Tata Consumer Products Ltd. Fast Moving Consumer Goods 0.65
SBI Life Insurance Company Ltd. Financial Services 0.63
Britannia Industries Ltd. Fast Moving Consumer Goods 0.61
Eicher Motors Ltd. Automobile and Auto Components 0.6
Apollo Hospitals Enterprise Ltd. Healthcare 0.59
HDFC Life Insurance Company Ltd. Financial Services 0.59
Bharat Petroleum Corporation Ltd. Oil, Gas & Consumable Fuels 0.56
Divi’s Laboratories Ltd. Healthcare 0.55
LTIMindtree Ltd. Information Technology 0.47

 

Top 10 Nifty 50 Stocks Weightage: An Overview

Reliance Industries Ltd

RIL means Reliance Industries Limited, it is India’s largest company, and whether it is due to market capital or revenue, no one is as big as this company.

This Mumbai-based company has spread its feet everywhere, be it in any sector like energy, textiles, petrochemicals, retail, telecommunications, renewable energy, financial services, and media. The market value of this company under the leadership of Mukesh Ambani was around 17 lakh crore till December 2023, which would have increased even further.

HDFC Bank Ltd

After acquiring its parent company in April 2022, HDFC Bank has become India’s largest commercial bank. HDFC Bank is recognized as a domestic systemically important bank (D-SIB) by the Reserve Bank of India (RBI). The market value of this bank is currently around 12.50 lakh crore rupees as of 21 December 2023.

ICICI Bank Ltd

ICICI was established in the year 1955 and in 1994 it was changed into ICICI Bank Limited. This group, known as ICICI Banking Corporation Limited, holds a 75% stake in ICICI Bank. In 1995, its name was changed from ICICI to ICICI Bank Limited.

Today, ICICI Bank is India’s 2nd largest commercial bank which deals in savings accounts, current accounts, law life insurance, car insurance as well as several types of credit cards. Apart from these services, ICICI Bank also provides several types of financial services.

Infosys Ltd

Founded by Narayana Murthy and Sudha Murthy, this IT tech giant is known as Infosys. If we talk in terms of revenue, it ranks 2nd in Indian IT. Their IT services include many types of IT services such as outsourcing, consulting, IT service, and digital marketing.

This company which started with just 10,000 rupees has more than 3.50 lakh employees today. Infosys provides its IT services in more than 56 countries.

ITC Ltd

ITC whose full name is Imperial Tobacco Company of India Limited was a British-owned company on 24 August 2010. In 1970, the name of this company was changed to Indian Tobacco Company Ltd. And then again in 1974, its name was changed to ITC Limited.

Their main business is tobacco, FMCG, packaging, hotels, IT as well as agri-business and other activities. As of today, this is the first such company in India whose business is spread across multiple industries.

Tata Consultancy Services Ltd (TCS)

TCS full name is Tata Consultancy Services. Tata Consultancy Services, which provides IT services and consulting services and has its headquarters in Mumbai. It ranks 2nd in India in terms of market value and is one of the top global IT services brands. It also handles the TCS manufacturing facility in Mapua, located in Goa.

Larsen & Toubro Ltd (L&T)

L&T is a company with more than 70 years of experience. This company has expertise in construction and engineering. LT has also established itself in the Finance, IT, and power industry and this company is providing different types of services in many countries across the world.

Axis Bank Ltd

Axis Bank is one of the major private banks in India and its head office is in Mumbai. This bank provides banking and financial services in many other countries besides India.

People knew this bank as UTI Bank from 1997 to 2007. Later its name was changed to Axis Bank, Axis Bank provides its services in retail banking and corporate banking.

Apart from providing all types of loans and credit cards, this bank also provides many other financial services to people.

Kotak Mahindra Bank Ltd

Kotak Mahindra Bank Limited is one of the major banks in India which operates in both retail and corporate banking. It operates in all types of finance-related fields, be it savings account or current account or any type of home loan, car loan personal, etc., or any type of national or international credit, you will find Kotak Bank in every field.

It got the banking license from the Reserve Bank of India in February 2003, making it the 1st non-banking financial company. In 2015, they merged it with ING Vysya Bank and today it provides this type of finance and investment service to people and companies.

Hindustan Unilever Ltd

Just having Hindustan in the name does not make you Hindustani, similar is the story of Hindustan Unilever Ltd which was started by a company named Sunlight Soap Bars of England.

Today its head office is in Mumbai and in 2023, the market value of this company reached 6 lakh crore rupees. It is a very big name in India in FMCG i.e. Fast Moving Consumer Goods, generally, FMCG products bought from the market are theirs.

Nifty 50 Sector wise Weightage – Detailed Information

Sector Weight (%)
Financial Services 32.6
Information Technology 14.17
Oil, Gas & Consumable Fuels 11.97
Fast Moving Consumer Goods 8.47
Automobile and Auto Components 8.31
Healthcare 4.5
Construction 3.87
Telecommunication 3.8
Metals & Mining 3.55
Power 3.14
Consumer Durables 2.59
Construction Materials 2.06
Services 0.97

 

Nifty 50 Companies Weightage – FAQ

 

What is Nifty?

Nifty means National Stock Exchange, it refers to the index of the Indian stock market. The name of Nifty is taken from nifty50, it shows the indications of the top 50 shares listed in it.

How to buy nifty50?

If you want to invest in Nifty 50 then for that you will have to buy its ETF or index fund. For buying these you can get your account opened from local brokers or can talk to your bank regarding this, nowadays a lot of online companies have come up using apps you can now easily open an account.

How is Nifty 50 different from the BSE Sensex?

While both Nifty50 and Sensex are indexed in India, both are completely different from each other because while Nifty50 includes the top 50 companies in its index, Sensex lists the top 30 shares on the Bombay Stock Exchange. The process and criteria for selecting companies for both these indexes are completely different.

Which are the heaviest-weight shares of Nifty 50?

The heaviest-weight shares of Nifty 50 are those whose market capital is very large because their market capitalization also causes fluctuations in the market.

How does Nifty 50 select a company?

If nifty 50 has to choose a company then it looks at its liquidity, its market capitalization, which sector it represents, its financial stability, and the history of the company and its board members. After looking at all this, a company is selected by nifty 50.

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Nifty 50 Companies Weightage - Detailed Information
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Nifty 50 Companies Weightage - Detailed Information
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In this post you will get Nifty 50 Companies Weightage Detailed Information so that you can know more about the indian stock market.
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