List of Nifty 50 Companies to learn Nifty Constituent Stocks by Weightage (Updated March 2021): 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).
These indexes are useful because they provide investors and companies with a reliable benchmark. They have also been used as an investment strategy. In these cases, Investment Managers just set up their fund portfolios to simply track the index. They use the same portfolio as the index in an attempt to gain similar market returns.
Indexes play an important role as they also stand in the 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 – 2021
|1.||Reliance Industries Ltd.||Energy - Oil & Gas||10.77%|
|2.||HDFC Bank Ltd.||Banking||10.66%|
|3.||Infosys Ltd.||Information Technology||7.42%|
|4.||Housing Development Finance Corporation Ltd.||Financial Services||7.29%|
|5.||ICICI Bank Ltd.||Banking||6.59%|
|6.||Tata Consultancy Services Ltd.||Information Technology||4.86%|
|7.||Kotak Mahindra Bank Ltd.||Banking||4.16%|
|8.||Hindustan Unilever Ltd.||Consumer Goods||3.04%|
|9.||AXIS Bank Ltd.||Banking||2.87%|
|10||ITC Ltd.||Consumer Goods||2.84%|
|11.||Larsen & Toubro Ltd.||Construction||2.78%|
|12.||State Bank of India||Banking||2.39%|
|13.||Bajaj Finance Ltd.||Financial Services||2.23%|
|14.||Bharti Airtel Ltd.||Telecommunication||2.13%|
|15.||Asian Paints Ltd.||Consumer Goods||1.64%|
|16.||HCL Technologies Ltd.||Information Technology||1.58%|
|17.||Maruti Suzuki India Ltd.||Automobile||1.46%|
|18.||Mahindra & Mahindra Ltd.||Automobile||1.23%|
|19.||UltraTech Cement Ltd.||Cement||1.13%|
|20.||Sun Pharmaceutical Industries Ltd.||Pharmaceuticals||1.03%|
|21.||Wipro Ltd.||Information Technology||0.97%|
|22.||IndusInd Bank Ltd.||Banking||0.96%|
|23.||Titan Company Ltd.||Consumer Goods||0.94%|
|24||Bajaj Finserv Ltd.||Financial Services||0.93%|
|25.||Nestle India Ltd.||Consumer Goods||0.92%|
|26.||Tata Motors Ltd.||Automobile||0.92%|
|27.||Tech Mahindra Ltd.||Information Technology||0.91%|
|28.||HDFC Life Insurance Co. Ltd.||Insurance||0.88%|
|29.||Power Grid Corporation of India Ltd.||Energy - Power||0.88%|
|30.||Dr. Reddy’s Laboratories Ltd.||Pharmaceuticals||0.86%|
|31.||Tata Steel Ltd.||Metals||0.86%|
|32.||NTPC Ltd.||Energy - Power||0.83%|
|33.||Bajaj Auto Ltd.||Automobile||0.79%|
|34.||Adani Port and Special Economic Zone||Infrastructure||0.79%|
|35.||Hindalco Industries Ltd.||Metals||0.79%|
|36.||Grasim Industries Ltd.||Cement||0.74%|
|37.||Divi’s Laboratories Ltd.||Pharmaceuticals||0.68%|
|38.||Hero MotoCorp Ltd.||Automobile||0.67%|
|39.||Oil & Natural Gas Corporation Ltd.||Energy - Oil & Gas||0.65%|
|41.||Britannia Industries Ltd.||Consumer Goods||0.63%|
|42.||JSW Steel Ltd.||Metals||0.61%|
|43.||Bharat Petroleum Corp. Ltd.||Energy - Oil & Gas||0.58%|
|44.||Eicher Motors Ltd.||Automobile||0.56%|
|45.||Shree Cement Ltd.||Cement||0.56%|
|46.||SBI Life Insurance Co.||Insurance||0.54%|
|47.||Coal India Ltd.||Energy & Mining||0.51%|
|49.||GAIL (India) Ltd.||Energy - Oil & Gas||0.42%|
|50.||Indian Oil Corporation Ltd.||Energy - Oil & Gas||0.40%|
Quick Note: If you want to research more about the fundamentals of these companies, you can go our Stock research and analysis PORTAL here.
Bonus: BSE Sensex Constituent Stocks
The BSE Sensex or the Sensex 30 tracks the behavior of the top 30 companies as per market-cap registered on the Bombay Stock Exchange. BSE Sensex stands for S&P Bombay Stock Exchange Sensitive Index. Here are a few top facts about Sensex 30:
- The 30 companies are selected on the basis of the free-float market capitalization.
- These are different companies from different sectors representing a sample of large, liquid, and representative companies.
- The base year of Sensex is 1978-79 and the base value is 100.
- Sensex is an indicator of market movement. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE has gone down. If Sensex goes up, it means that most of the major stocks in BSE went up during the given period.
Sensex 30 Companies- Constituents of Sensex 30 by Weights – 2021
|1.||Reliance Industries Ltd.||Integrated Oil & Gas||11.99%|
|2.||HDFC Bank Ltd.||Banks||11.84%|
|3.||Infosys Ltd.||IT Consulting & Software||9.06%|
|4.||Housing Development Finance Corporation Ltd.||Housing Finance||8.30%|
|5.||ICICI Bank Ltd.||Banks||7.37%|
|6.||Tata Consultancy Services Ltd.||IT Consulting & Software||5.76%|
|7.||Kotak Mahindra Bank Ltd.||Banks||4.88%|
|8.||Hindustan Unilever Ltd.||Personal Products||3.75%|
|9.||ITC Ltd.||Cigarettes,Tobacco Products||3.49%|
|10.||AXIS Bank Ltd.||Banks||3.35%|
|11.||Larsen & Toubro Ltd.||Construction & Engineering||3.13%|
|12.||Bajaj Finance Ltd.||Finance (including NBFCs)||2.63%|
|13.||State Bank of India||Banks||2.59%|
|14.||Bharti Airtel Ltd.||Telecom Services||2.31%|
|15.||Asian Paints Ltd.||Furniture,Furnishing,Paints||1.97%|
|16.||HCL Technologies Ltd.||IT Consulting & Software||1.89%|
|17.||Maruti Suzuki India Ltd.||Cars & Utility Vehicles||1.72%|
|18.||Mahindra & Mahindra Ltd.||Cars & Utility Vehicles||1.48%|
|19.||UltraTech Cement Ltd.||Cement & Cement Products||1.40%|
|20.||Sun Pharmaceutical Industries Ltd.||Pharmaceuticals||1.16%|
|21.||Tech Mahindra Ltd.||IT Consulting & Software||1.11%|
|22.||Titan Company Ltd.||Other Apparels & Accessories||1.11%|
|23.||Nestle India Ltd.||Nestle India Ltd.||1.07%|
|24.||Bajaj Finserv||Finance (including NBFCs)||1.04%|
|25.||IndusInd Bank Ltd.||Banks||1.03%|
|27.||Tata Steel Ltd.||Iron & Steel/Interm.Products||1.01%|
|28.||NTPC Ltd.||Electric Utilities||0.94%|
|28.||Bajaj Auto Ltd.||2/3 Wheelers||0.86%|
|30.||Oil & Natural Gas Corporation Ltd.||Exploration & Production||0.73%|
That’s all for this post. I hope it was useful for you. In case, if you have any queries related to Sense and Nifty 50 Companies or constituent stocks, let me know by commenting below. I’ll be happy to help. Happy Investing.
Aron, Bachelors in Commerce from Mangalore University, entered the world of Equity research to explore his interests in financial markets. Outside of work, you can catch him binging on a show, supporting RCB, and dreaming of visiting Kasol soon. He also believes that eating kid’s ice-cream is the best way to teach them taxes.