Nifty 50 Stocks Weightage in 2024

Nifty 50 stocks weightage is given in the table below. Do read the post completely to get a better understanding of the index.

What is Nifty 50?

Nifty 50 is a benchmark index. When people say the overall Indian stock market is performing well they generally mean nifty 50 index. At the moment Nifty 50 consists of 50 diversified stocks from 14 sectors of the Indian economy. It is used as a referencing benchmark to see how the overall Indian stock market performs. The index was started in November 1995.

NSE(National Stock Exchange) maintains the nifty 50 index. Stocks are added or removed depending on their performance but it always maintains a minimum of 50 stocks in the index. All the stocks in the index are blue-chip large stocks and highly liquid stocks. The index is also used as a reference for the derivative market.

The weight of each stock in the Nifty 50 index is selected on Free Float Market Capitalization. The index is reviewed on a semi-annual basis in March and September using 6-month average data as of January 31, and July 31 respectively.

Nifty 50 Stocks Weightage:

Nifty 50 Companies weightage is given in the table below. The highest weightage is given to HDFC Bank at 10.97% followed by Reliance Industries at 10.28%.

UPL Ltd has been replaced by Shriram Finance Ltd, the exact weightage is assumed to be the same as UPL.

No.	Company Name	Industry	Symbol	Weightage
1	HDFC Bank Ltd.	Financial Services	HDFCBANK	10.97%
2	Reliance Industries Ltd.	Oil Gas & Consumable Fuels	RELIANCE	10.28%
3	ICICI Bank Ltd.	Financial Services	ICICIBANK	7.68%
4	Infosys Ltd.	Information Technology	INFY	6.22%
5	Tata Consultancy Services Ltd.	Information Technology	TCS	4.32%
6	Larsen & Toubro Ltd.	Construction	LT	4.28%
7	ITC Ltd.	Fast Moving Consumer Goods	ITC	3.74%
8	Axis Bank Ltd.	Financial Services	AXISBANK	3.10%
9	State Bank of India	Financial Services	SBIN	2.99%
10	Bharti Airtel Ltd.	Telecommunication	BHARTIARTL	2.96%
11	Kotak Mahindra Bank Ltd.	Financial Services	KOTAKBANK	2.58%
12	Hindustan Unilever Ltd.	Fast Moving Consumer Goods	HINDUNILVR	2.24%
13	Bajaj Finance Ltd.	Financial Services	BAJFINANCE	1.88%
14	HCL Technologies Ltd.	Information Technology	HCLTECH	1.83%
15	Mahindra & Mahindra Ltd.	Automobile and Auto Components	M&M	1.80%
16	Sun Pharmaceutical Industries Ltd.	Healthcare	SUNPHARMA	1.77%
17	Tata Motors Ltd.	Automobile and Auto Components	TATAMOTORS	1.74%
18	NTPC Ltd.	Power	NTPC	1.66%
19	Titan Company Ltd.	Consumer Durables	TITAN	1.57%
20	Maruti Suzuki India Ltd.	Automobile and Auto Components	MARUTI	1.55%
21	Power Grid Corporation of India Ltd.	Power	POWERGRID	1.34%
22	Asian Paints Ltd.	Consumer Durables	ASIANPAINT	1.32%
23	Tata Steel Ltd.	Metals & Mining	TATASTEEL	1.21%
24	UltraTech Cement Ltd.	Construction Materials	ULTRACEMCO	1.19%
25	Oil & Natural Gas Corporation Ltd.	Oil Gas & Consumable Fuels	ONGC	1.07%
26	Coal India Ltd.	Oil Gas & Consumable Fuels	COALINDIA	1.04%
27	IndusInd Bank Ltd.	Financial Services	INDUSINDBK	1.01%
28	Adani Ports and Special Economic Zone Ltd. Services	Services	ADANIPORTS	1.01%
29	Nestle India Ltd.	Fast Moving Consumer Goods	NESTLEIND	0.96%
30	Bajaj Auto Ltd.	Automobile and Auto Components	BAJAJ-AUTO	0.93%
31	Bajaj Finserv Ltd.	Financial Services	BAJAJFINSV	0.90%
32	Adani Enterprises Ltd.	Metals & Mining	ADANIENT	0.90%
33	Grasim Industries Ltd.	Construction Materials	GRASIM	0.84%
34	Tech Mahindra Ltd.	Information Technology	TECHM	0.83%
35	Dr. Reddy’s Laboratories Ltd.	Healthcare	DRREDDY	0.81%
36	Cipla Ltd.	Healthcare	CIPLA	0.81%
37	JSW Steel Ltd.	Metals & Mining	JSWSTEEL	0.79%
38	Tata Consumer Products Ltd.	Fast Moving Consumer Goods	TATACONSUM	0.78%
39	Hindalco Industries Ltd.	Metals & Mining	HINDALCO	0.77%
40	Wipro Ltd.	Information Technology	WIPRO	0.76%
41	SBI Life Insurance Company Ltd.	Financial Services	SBILIFE	0.73%
42	HDFC Life Insurance Company Ltd.	Financial Services	HDFCLIFE	0.64%
43	Apollo Hospitals Enterprise Ltd.	Healthcare	APOLLOHOSP	0.64%
44	Britannia Industries Ltd.	Fast Moving Consumer Goods	BRITANNIA	0.61%
45	Hero MotoCorp Ltd.	Automobile and Auto Components	HEROMOTOCO	0.60%
46	Bharat Petroleum Corporation Ltd.	Oil Gas & Consumable Fuels	BPCL	0.60%
47	Eicher Motors Ltd.	Automobile and Auto Components	EICHERMOT	0.54%
48	LTIMindtree Ltd.	Information Technology	LTIM	0.51%
49	Divi’s Laboratories Ltd.	Healthcare	DIVISLAB	0.46%
50	UPL Ltd. (To be replaced by Shriram Finance)	Chemicals	UPL	0.25%

Nifty Sector Weightage:

There are 14 sectors in the Nifty 50 Index.

Sectors	Weightage (%)
Financial Services	32.48%
Information Technology	14.46%
Oil Gas & Consumable Fuels	12.99%
Fast Moving Consumer Goods	8.34%
Automobile and Auto Components	7.16%
Healthcare	4.5%
Construction	4.28%
Power	4%
Metals & Mining	3.66%
Telecommunication	2.96%
Consumer Durables	2.9%
Construction Materials	2.03%
Services	1.01%
Chemicals	0.25%

How to Invest in Nifty 50 Index:

To buy a nifty 50 index, you can either buy all the stocks in their current weightage, or buy an ETF (exchange traded fund). Buying ETF is the same as buying nifty 50 index. Since it’s not very feasible to buy the stocks at the given weightage ETF and Index funds are the best way to invest in the Index.

What are the Nifty 50 ETF’s:

• Nippon India ETF Nifty BeES
• ICICI Prudential Nifty ETF
• UTI Nifty Exchange Traded Fund
• Kotak Nifty ETF
• SBI – ETF Nifty 50
• Aditya Birla Sun Life Nifty ETF
• Edelweiss ETF – Nifty 50
• Reliance ETF Nifty BeES
• Axis Nifty ETF

Nifty 50 Historical Performance:

Nifty 50 Eligibility Criteria:

The following conditions should be met before a stock can be added to the index.

1. Market impact cost is the best measure of the liquidity of a stock. It accurately reflects the costs faced when actually trading an index. For a stock to qualify for possible inclusion into the Nifty50, have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
2. The company should have a listing history of 6 months.
3. Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index
4. Companies that are allowed to trade in F&O segment are only eligible to be constituent of the index company which comes out with an IPO will be eligible for inclusion in the index, if it fulfills the normal eligibility criteria for the index for a 3 month period instead of a 6 month period.

Eli5(Explain like i am 5):

Imagine nifty 50 as a Pizza. Various ingredients in varying quantities(weightages) are used to make the Pizza. Similarly Nifty 50 index is made up of 50 stocks in varying weightage.