Nifty 50 Stocks Weightage in 2024

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UPL Ltd has been replaced by Shriram Finance Ltd, the exact weightage is assumed to be the same as UPL.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 NameIndustrySymbolWeightage
1HDFC Bank Ltd.Financial ServicesHDFCBANK10.97%
2Reliance Industries Ltd.Oil Gas & Consumable FuelsRELIANCE10.28%
3ICICI Bank Ltd.Financial ServicesICICIBANK7.68%
4Infosys Ltd.Information TechnologyINFY6.22%
5Tata Consultancy Services Ltd.Information TechnologyTCS4.32%
6Larsen & Toubro Ltd.ConstructionLT4.28%
7ITC Ltd.Fast Moving Consumer GoodsITC3.74%
8Axis Bank Ltd.Financial ServicesAXISBANK3.10%
9State Bank of IndiaFinancial ServicesSBIN2.99%
10Bharti Airtel Ltd.TelecommunicationBHARTIARTL2.96%
11Kotak Mahindra Bank Ltd.Financial ServicesKOTAKBANK2.58%
12Hindustan Unilever Ltd.Fast Moving Consumer GoodsHINDUNILVR2.24%
13Bajaj Finance Ltd.Financial ServicesBAJFINANCE1.88%
14HCL Technologies Ltd.Information TechnologyHCLTECH1.83%
15Mahindra & Mahindra Ltd.Automobile and Auto ComponentsM&M1.80%
16Sun Pharmaceutical Industries Ltd.HealthcareSUNPHARMA1.77%
17Tata Motors Ltd.Automobile and Auto ComponentsTATAMOTORS1.74%
18NTPC Ltd.PowerNTPC1.66%
19Titan Company Ltd.Consumer DurablesTITAN1.57%
20Maruti Suzuki India Ltd.Automobile and Auto ComponentsMARUTI1.55%
21Power Grid Corporation of India Ltd.PowerPOWERGRID1.34%
22Asian Paints Ltd.Consumer DurablesASIANPAINT1.32%
23Tata Steel Ltd.Metals & MiningTATASTEEL1.21%
24UltraTech Cement Ltd.Construction MaterialsULTRACEMCO1.19%
25Oil & Natural Gas Corporation Ltd.Oil Gas & Consumable FuelsONGC1.07%
26Coal India Ltd.Oil Gas & Consumable FuelsCOALINDIA1.04%
27IndusInd Bank Ltd.Financial ServicesINDUSINDBK1.01%
28Adani Ports and Special Economic Zone Ltd. ServicesServicesADANIPORTS1.01%
29Nestle India Ltd.Fast Moving Consumer GoodsNESTLEIND0.96%
30Bajaj Auto Ltd.Automobile and Auto ComponentsBAJAJ-AUTO0.93%
31Bajaj Finserv Ltd.Financial ServicesBAJAJFINSV0.90%
32Adani Enterprises Ltd.Metals & MiningADANIENT0.90%
33Grasim Industries Ltd.Construction MaterialsGRASIM0.84%
34Tech Mahindra Ltd.Information TechnologyTECHM0.83%
35Dr. Reddy’s Laboratories Ltd.HealthcareDRREDDY0.81%
36Cipla Ltd.HealthcareCIPLA0.81%
37JSW Steel Ltd.Metals & MiningJSWSTEEL0.79%
38Tata Consumer Products Ltd.Fast Moving Consumer GoodsTATACONSUM0.78%
39Hindalco Industries Ltd.Metals & MiningHINDALCO0.77%
40Wipro Ltd.Information TechnologyWIPRO0.76%
41SBI Life Insurance Company Ltd.Financial ServicesSBILIFE0.73%
42HDFC Life Insurance Company Ltd.Financial ServicesHDFCLIFE0.64%
43Apollo Hospitals Enterprise Ltd.HealthcareAPOLLOHOSP0.64%
44Britannia Industries Ltd.Fast Moving Consumer GoodsBRITANNIA0.61%
45Hero MotoCorp Ltd.Automobile and Auto ComponentsHEROMOTOCO0.60%
46Bharat Petroleum Corporation Ltd.Oil Gas & Consumable FuelsBPCL0.60%
47Eicher Motors Ltd.Automobile and Auto ComponentsEICHERMOT0.54%
48LTIMindtree Ltd.Information TechnologyLTIM0.51%
49Divi’s Laboratories Ltd.HealthcareDIVISLAB0.46%
50UPL Ltd. (To be replaced by Shriram Finance)ChemicalsUPL0.25%
Nifty 50 Stocks Weightage

Nifty Sector Weightage:

There are 14 sectors in the Nifty 50 Index.

SectorsWeightage (%)
Financial Services32.48%
Information Technology14.46%
Oil Gas & Consumable Fuels12.99%
Fast Moving Consumer Goods8.34%
Automobile and Auto Components7.16%
Healthcare4.5%
Construction4.28%
Power4%
Metals & Mining3.66%
Telecommunication2.96%
Consumer Durables2.9%
Construction Materials2.03%
Services1.01%
Chemicals0.25%
Nifty 50 Sector Weightage

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.

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