Last updated on March 4, 2023
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. The Nifty 50 is an Indian benchmark index. It represents the weighted average of the top 50 NSE-listed companies. Nifty 50 Index is formed by combining two terms: Nifty, which refers to the National Stock Exchange, and 50, a collection of the National Stock Exchange’s 50 best-performing stocks.
- Nifty 50 Sector Weightage
- Nifty 50 Companies Weightage: 2023
- Nifty 50 Stock List 2023: Nifty Stock Weightage 2023
- Top Nifty 50 Companies: How to Invest in Them?
- Top Nifty 50 Companies list 2023: Selection Criteria
- Nifty 50 Stocks: Float-Adjusted Market Capitalization
- Nifty 50 Index Frequently Asked Questions
Essentially, it serves as a barometer for the overall movement of the stock market. NIFTY 50 can be used for a variety of purposes such as benchmarking fund portfolios, launching index funds, ETFs and structured products. NIFTY 50 is computed in four currencies namely Indian Rupee (INR), US Dollar (USD), Australian Dollar (AUD) and Canadian Dollar (CAD).
Nifty 50 Sector Weightage
The NIFTY 50 Index gives a weightage of 37.40% to Financial Services, 14.72% to IT, 12.27% to Energy, 9.35% to Consumer Goods, 5.60% to Automobiles and 3.74% to Healthcare. The NIFTY 50 index is a free-float market capitalization index. It is important to highlight that Nifty 50 weightage of sectors keep changing according to the performance of constituent stocks.
Read Also: Nifty PE Ratio – Most Important Points You Need to Know
Nifty 50 Companies Weightage: 2023
The Nifty 50 share list top 10 stocks consisted of the following
Nifty 50 Stock List 2023: Nifty Stock Weightage 2023
|NO.||COMPANY NAME||STOCK SYMBOL||SECTOR||WEIGHTAGE (%)|
|1||Reliance Industries Ltd.||RELIANCE||Oil Gas & Consumable Fuels||10.5|
|2||HDFC Bank Ltd.||HDFCBANK||Financial Services||9.23|
|3||ICICI Bank Ltd.||ICICIBANK||Financial Services||7.81|
|4||Infosys Ltd.||INFY||Information Technology||7.13|
|5||Housing Development Finance Corporation Ltd.||HDFC||Financial Services||6.16|
|6||Tata Consultancy Services Ltd.||TCS||Information Technology||4.45|
|7||ITC Ltd.||ITC||Fast Moving Consumer Goods||4.35|
|8||Kotak Mahindra Bank Ltd.||KOTAKBANK||Financial Services||3.38|
|9||Larsen & Toubro Ltd.||LT||Construction||3.34|
|10||Axis Bank Ltd.||AXISBANK||Financial Services||2.99|
|11||Hindustan Unilever Ltd.||HINDUNILVR||Fast Moving Consumer Goods||2.88|
|12||State Bank of India||SBIN||Financial Services||2.63|
|13||Bharti Airtel Ltd.||BHARTIARTL||Telecommunication||2.43|
|14||Bajaj Finance Ltd.||BAJFINANCE||Financial Services||2.13|
|15||Asian Paints Ltd.||ASIANPAINT||Consumer Durables||1.67|
|16||Mahindra & Mahindra Ltd.||M&M||Automobile and Auto Components||1.59|
|17||Maruti Suzuki India Ltd.||MARUTI||Automobile and Auto Components||1.5|
|18||HCL Technologies Ltd.||HCLTECH||Information Technology||1.49|
|19||Sun Pharmaceutical Industries Ltd.||SUNPHARMA||Healthcare||1.35|
|20||Titan Company Ltd.||TITAN||Consumer Durables||1.3|
|21||Tata Steel Ltd.||TATASTEEL||Metals & Mining||1.1|
|22||UltraTech Cement Ltd.||ULTRACEMCO||Construction Materials||1.1|
|24||Tata Motors Ltd.||TATAMOTORS||Automobile and Auto Components||0.99|
|25||Power Grid Corporation of India Ltd.||POWERGRID||Power||0.99|
|26||Bajaj Finserv Ltd.||BAJAJFINSV||Financial Services||0.95|
|27||IndusInd Bank Ltd.||INDUSINDBK||Financial Services||0.92|
|28||Tech Mahindra Ltd.||TECHM||Information Technology||0.9|
|29||Nestle India Ltd.||NESTLEIND||Fast Moving Consumer Goods||0.87|
|30||JSW Steel Ltd.||JSWSTEEL||Metals & Mining||0.82|
|31||Grasim Industries Ltd.||GRASIM||Construction Materials||0.78|
|32||Oil & Natural Gas Corporation Ltd.||ONGC||Oil Gas & Consumable Fuels||0.78|
|33||Hindalco Industries Ltd.||HINDALCO||Metals & Mining||0.76|
|34||Wipro Ltd.||WIPRO||Information Technology||0.75|
|35||Dr. Reddy’s Laboratories Ltd.||DRREDDY||Healthcare||0.69|
|36||Britannia Industries Ltd.||BRITANNIA||Fast Moving Consumer Goods||0.69|
|37||SBI Life Insurance Company Ltd.||SBILIFE||Financial Services||0.66|
|39||HDFC Life Insurance Company Ltd.||HDFCLIFE||Financial Services||0.63|
|40||Coal India Ltd.||COALINDIA||Oil Gas & Consumable Fuels||0.59|
|41||Adani Ports and Special Economic Zone Ltd.||ADANIPORTS||Services||0.59|
|42||Apollo Hospitals Enterprise Ltd.||APOLLOHOSP||Healthcare||0.59|
|43||Eicher Motors Ltd.||EICHERMOT||Automobile and Auto Components||0.57|
|44||Tata Consumer Products Ltd.||TATACONSUM||Fast Moving Consumer Goods||0.57|
|45||Bajaj Auto Ltd.||BAJAJ-AUTO||Automobile and Auto Components||0.54|
|46||Adani Enterprises Ltd.||ADANIENT||Metals & Mining||0.49|
|48||Divi’s Laboratories Ltd.||DIVISLAB||Healthcare||0.47|
|49||Hero MotoCorp Ltd.||HEROMOTOCO||Automobile and Auto Components||0.41|
|50||Bharat Petroleum Corporation Ltd.||BPCL||Oil Gas & Consumable Fuels||0.41|
Top Nifty 50 Companies: How to Invest in Them?
1- Investing directly in individual stocks
One can directly buy stocks in the Nifty 50 index if capital availability is there. To purchase one share from each of the Nifty 50 constituents, an investor needs to invest approximately INR 1.9 lakhs and not all retail investors have this much money to invest. Furthermore, managing 50 stocks can be extremely difficult.
Read Also: Difference Between FDI and FII Explained in 10 Points
2- Invest through Mutual Fund
A better decision is to pick mutual funds that invest the pool money in NIFTY 50 stocks only. One can start investing in a mutual fund tracking NIFTY 50 companies with a minimum SIP of INR 500. Investment can also be made in lumpsum mode.
3- Nifty F&O trading (Futures and Options)
Investors with limited capital can invest in Nifty Futures and Options, but because of the high leverage in the F&O sector, investors may incur significant losses.
Top Nifty 50 Companies list 2023: Selection Criteria
To determine which stocks or companies will be included in the Nifty 50 stocks, a set of guidelines and criteria need to be followed. The following are the criteria for deciding on Nifty 50 companies:
Read Also: Investing in US Stocks Through NSE IFSC
Nifty 50 Stocks: Liquidity
The Nifty 50 stocks must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations for a portfolio of INR 10 crores. In simple terms, impact cost is the cost that an investor must incur in order to execute his buy or sell order against the ideal cost of that stock. Companies with lower impact costs are more likely to have high liquidity than companies with higher impact costs.
Liquidity in the context of stock markets means a market where large orders can be executed without incurring a high transaction cost. The transaction cost referred to here is the cost attributable to a lack of market liquidity rather than the fixed costs typically incurred such as brokerage, transaction charges, depository charges, and so on. Liquidity is generated by market buyers and sellers who are constantly looking for buying and selling opportunities. Buyers and sellers pay a high price when there is a lack of liquidity.
Read Also: Nifty Auto Index – Full list of constituents and their weightages
Nifty 50 Stocks: Float-Adjusted Market Capitalization
The NSE 50 list of companies is determined by their free-float market capitalization. Nifty 50 stocks’ free-float market cap is calculated by multiplying its stock price by the total number of shares available in the market. For example, if a company has 20,000 shares in free float and the price of each is INR 100, the company’s free-float market cap is INR 20 lakh (20,000 * 100). Companies will be eligible for inclusion in the NIFTY 50 stocks index provided the average free-float market capitalization is at least 1.5 times the average free-float market capitalization of the smallest constituent in the index.
Nifty 50 Stocks: Trading Frequency
The company’s trading frequency should be 100% in the last six months.
Nifty 50 Stocks: Futures & Options segment
Only companies that are permitted to trade in the F&O segment are eligible to be included in the Nifty 50 stock list.
Nifty 50 Stocks: Newly-listed Stock
The Nifty 50 company list stocks should have a listing history of 6 months. If a company files for an IPO, it will be eligible for inclusion in the index if it meets the normal eligibility criteria for the index for a 3-month period rather than a 6-month period. This relaxation is only for IPO listing and the listing history remains 6 months for other listing options such as demergers and takeovers.
Nifty 50 Index Frequently Asked Questions
How many stocks are in Nifty 50 Index?
Nifty 50 index comprises of 50 stocks selected on the basis of their free float market capitalization.
Which sector has the maximum weightage in Nifty 50?
With a weightage of 37.40%, Financial Services is the leading sector in Nifty 50 index.
How often is Nifty 50 rebalanced?
Nifty 50 index is re-balanced on semi-annual basis i.e. every six months. The cut-off dates for rebalance purpose are 31 January and 31 July of each year.
How soon an IPO stock can enter the Nifty 50?
Although the index requires minimum listing history of 6 months, this criterion can be relaxed to 3 months for recently listed stocks through IPO, provided all other requirements are met.
thank you for the information
Nifty 50 Weightage
SHREECEMENT is not in NIFTY 50 index as per NIFTY 50’s latest update. But in Nifty 50 Weightage in ipocentral.in SHREECEMENT (Sl Nr 21) is given 1.15%.
Currently SHREECEM is there in Nifty Next 50 Index.
Please review and update accordingly
Thanks for writing. This article was due for an update after the index rebalancing. We have updated it with new and relevant information now.