An analysis of Nifty 50 Companies to learn Nifty Constituent Stocks by Weightage: Nifty 50 is the benchmark index of the National stock exchange (NSE) in India. Basically, an index is the stock exchange creating a portfolio of the top securities held by it based on market capitalization in the respective category (entire market or sector-wise).
Indexes play an important role as they also stand in representation of a country’s market and economy. Today, we observe NSE’s benchmark index namely Nifty 50. We take a look at the companies they have included along with the weights assigned to each.
Nifty 50 – NSE Benchmark Index
The Nifty 50 index tracks the behavior of the top 50 blue-chip companies as per market capitalization that are traded on the National Stock Exchange. Although the index includes only 50 of the 1600 companies that trade on the NSE it captures 66% of its float-adjusted market capitalization. Therefore, it is considered a true reflection of the Indian stock market.
Here are a few top features of the Nifty 50 Index:
- The base year is taken as 1995 and the base value is set to 1000.
- Nifty is calculated using 50 large stocks that are actively traded on the NSE.
- The 50 companies are selected on the basis of the free-float market capitalization.
- Here, the 50 top stocks are selected from different sectors.
- Nifty is owned and managed by India Index Services and Products (IISL)
Nifty 50 Companies – Constituents of Nifty 50 by Weights – 2020
| Name | Industry | Weight (%) | |
| 1. | Reliance Industries Ltd. | Energy – Oil & Gas | 14.00 |
| 2. | HDFC Bank Ltd | Banking | 9.56 |
| 3. | Infosys Ltd | Information Technology | 7.56 |
| 4. | Housing Development Finance Corporation Ltd | Financial Services | 6.59 |
| 5. | Tata Consultancy Services Ltd | Information Technology | 5.12 |
| 6. | ICICI Bank Ltd. | Banking | 4.80 |
| 7. | Kotak Mahindra Bank Ltd. | Banking | 4.27 |
| 8. | Hindustan Unilever Ltd. | Consumer Goods | 4.22 |
| 9. | ITC Ltd. | Consumer Goods | 3.62 |
| 10. | Bharti Airtel Ltd | Telecommunication | 2.85 |
| 11. | Larsen & Toubro Ltd | Construction | 2.38 |
| 12. | AXIS Bank Ltd | Banking | 2.08 |
| 13. | Bajaj Finance Ltd | Financial Services | 1.84 |
| 14. | Maruti Suzuki India Ltd. | Automobile | 1.78 |
| 15. | Asian Paints Ltd | Consumer Goods | 1.65 |
| 16. | HCL Technologies Ltd. | Information Technology | 1.64 |
| 17. | State Bank of India | Banking | 1.57 |
| 18. | Nestle India Ltd. | Consumer Goods | 1.26 |
| 19. | Mahindra & Mahindra Ltd | Automobile | 1.24 |
| 20. | Sun Pharmaceutical Industries Ltd. | Pharmaceuticals | 1.23 |
| 21. | Dr. Reddy’s Laboratories Ltd. | Pharmaceuticals | 1.17 |
| 22. | UltraTech Cement Ltd | Cement | 1.02 |
| 23. | Power Grid Corporation of India Ltd | Energy – Power | 0.98 |
| 24. | HDFC Life | Insurance | 0.97 |
| 25. | Britannia Industries Ltd. | Consumer Goods | 0.96 |
| 26. | Titan Company Ltd | Consumer Goods | 0.93 |
| 27. | Tech Mahindra Ltd. | Information Technology | 0.90 |
| 28. | NTPC Ltd | Energy – Power | 0.90 |
| 29. | Wipro Ltd. | Information Technology | 0.89 |
| 30. | Bajaj Auto Ltd. | Automobile | 0.84 |
| 31. | Bajaj Finserv Ltd. | Financial Services | 0.80 |
| 32. | Cipla Ltd. | Pharmaceuticals | 0.78 |
| 33. | Hero MotoCorp Ltd. | Automobile | 0.74 |
| 34. | Bharat Petroleum Corp. Ltd. | Energy – Oil & Gas | 0.71 |
| 35. | IndusInd Bank Ltd | Banking | 0.68 |
| 36. | Shree Cement Ltd. | Cement | 0.62 |
| 37. | Eicher Motors Ltd | Automobile | 0.61 |
| 38. | Oil & Natural Gas Corporation Ltd. | Energy – Oil & Gas | 0.61 |
| 39. | Coal India Ltd | Energy & Mining | 0.58 |
| 40. | Tata Steel Ltd | Metals | 0.58 |
| 41. | UPL Ltd. | Chemicals | 0.56 |
| 42. | Grasim Industries Ltd | Cement | 0.53 |
| 43. | Hindalco Industries Ltd | Metals | 0.51 |
| 44. | Adani Port and Special Economic Zone | Infrastructure | 0.51 |
| 45. | JSW Steel Ltd | Metals | 0.48 |
| 46. | Indian Oil Corporation Ltd. | Energy – Oil & Gas | 0.48 |
| 47. | Tata Motors Ltd | Automobile | 0.40 |
| 48. | GAIL (India) Ltd. | Energy – Oil & Gas | 0.38 |
| 49. | Bharti Infratel Ltd. | Telecommunication | 0.35 |
| 50. | Zee Entertainment Enterprises Ltd. | Media & Entertainment | 0.27 |
