Last Updated on Nov 11, 2022 by Aradhana Gotur

What is Nifty 50?

Nifty 50 is a benchmark index of the Indian stock market. It represents the weighted average of the top 50 large-cap, most liquid stocks listed on the National Stock Exchange (NSE). The stocks in the index span 13 economic areas. As called Nifty, the index is used to benchmark fund portfolios, index funds, and index-based derivatives.

Although the index has only 50 of the 1,600 companies listed on the NSE, it captures 66% of its float-adjusted market capitalisation. Therefore, the Nifty 50 is regarded as a true reflection of the Indian stock market.

Nifty also has various sub-indices based on different asset classes, sectors, or segments. Nifty IT, Nifty Next 50, Nifty Bank, Nifty Smallcap 50, and Nifty 500 are some of the Nifty indices.


Features and facts of the Nifty 50 index

  • Nifty is owned and managed by India Index Services and Products (IISL)
  • The base year is 1995, and the base value is 1,000
  • Nifty is a composition of 50 large-cap stocks that are actively traded on the NSE
  • The companies in Nifty 50 are selected based on the free-float market capitalisation
  • Nifty 50 companies belong to different sectors

Nifty 50 sector weightage

Following is the weightage of various sectors assigned in Nifty 50:

  1. Financial services – 36.96%
  2. Energy – 13.41%
  3. IT – 14.22%
  4. Consumer goods – 8.75%
  5. Automobiles – 6%
  6. Healthcare – 3.78%
  7. Consumer Durables – 3.36%
  8. Construction – 2.98%
  9. Metals and Mining – 2.77%
  10. Telecommunication – 2.25%
  11. Construction Materials – 2.18%
  12. Power – 2.01%
  13. Services – 0.78%
  14. Chemicals – 0.53%

Nifty 50 is a free-float market capitalisation index. The sector weightage in the index keeps changing based on the performance of constituent stocks.

Nifty 50 stocks 2022 

NameSub-SectorMarket Cap (Rs. in cr.)Close Price (Rs.)
Nestle India LtdFMCG – Foods1,95,915.7720,319.9
Maruti Suzuki India LtdFour Wheelers2,79,529.789,253.5
Bajaj Finance LtdConsumer Finance4,31,575.227,144
UltraTech Cement LtdCement1,99,016.976,903.5
Dr Reddy’s Laboratories LtdPharmaceuticals75,302.714,534.9
Apollo Hospitals Enterprise LtdHospitals & Diagnostic Centres62,707.364,361.2
Britannia Industries LtdFMCG – Foods1,00,570.944,175.35
Adani Enterprises LtdCommodities Trading4,55,681.243,997.2
Bajaj Auto LtdTwo Wheelers1,05,813.313,739.55
Eicher Motors LtdTrucks & Buses1,02,079.653,732.95
Divi’s Laboratories LtdLabs & Life Sciences Services87,571.443,298.75
Tata Consultancy Services LtdIT Services & Consulting11,76,769.213,216.05
Asian Paints LtdPaints2,95,946.003,086.5
Titan Company LtdPrecious Metals, Jewellery & Watches2,41,309.152,718.1
Hero MotoCorp LtdTwo Wheelers52,985.032,651.5
Reliance Industries LtdOil & Gas – Refining & Marketing17,11,034.262,604
Hindustan Unilever LtdFMCG – Household Products5,89,465.452,508.8
Housing Development Finance Corporation LtdHome Financing4,54,968.722,503.5
Larsen & Toubro LtdConstruction & Engineering2,81,564.702,003.5
Kotak Mahindra Bank LtdPrivate Banks3,76,498.691,893.4
Bajaj Finserv LtdInsurance2,78,724.771,752.7
Grasim Industries LtdCement1,14,666.771,745.5
Infosys LtdIT Services & Consulting6,33,893.251,511.2
HDFC Bank LtdPrivate Banks8,40,788.141,508.35
Mahindra and Mahindra LtdFour Wheelers1,59,927.251,337.55
SBI Life Insurance Company LtdInsurance1,26,470.191,263.8
Indusind Bank LtdPrivate Banks89,087.171,149
Cipla LtdPharmaceuticals91,148.171,129.4
HCL Technologies LtdIT Services & Consulting2,85,205.261,053.45
Tech Mahindra LtdIT Services & Consulting1,00,118.371,028.7
Sun Pharmaceutical Industries LtdPharmaceuticals2,43,184.591,013.55
ICICI Bank LtdPrivate Banks634736.57910.5
Adani Ports and Special Economic Zone LtdPorts1,92,425.17890.8
Axis Bank LtdPrivate Banks2,68,490.31873.7
Bharti Airtel LtdTelecom Services4,72,671.87819.05
Tata Consumer Products LtdTea & Coffee70,973.30770.15
UPL LtdFertilizers & Agro Chemicals56,565.79753.6
JSW Steel LtdIron & Steel1,69,756.66706.55
State Bank of IndiaPublic Banks5,49,354.47615.55
HDFC Life Insurance Company LtdInsurance1,14,278.63531.75
Tata Motors LtdFour Wheelers1,55,871.50433.15
Hindalco Industries LtdMetals – Aluminium93,415.99417.1
Wipro LtdIT Services & Consulting2,14,025.50390.95
ITC LtdFMCG – Tobacco4,47,407.49360.7
Bharat Petroleum Corporation LtdOil & Gas – Refining & Marketing66,563.52306.85
Coal India LtdMining – Coal1,57,642.59255.8
Power Grid Corporation of India LtdPower Transmission & Distribution1,52,588.03218.75
NTPC LtdPower Generation1,68,140.19173.4
Oil and Natural Gas Corporation LtdOil & Gas – Exploration & Production1,74,425.57138.65
Tata Steel LtdIron & Steel1,29,604.33106.1

The above table is dated 10th November 2022. The list of Nifty 50 stocks is derived from Tickertape Stock Screener using the Nifty 50 filter under Stock Universe.


How to find Nifty 50 stocks using Tickertape?

Getting the Nifty 50 stocks list using Tickertape is a two-step process:

Step 2: On the left-hand side, select ‘Nifty 50’ in the Stock Universe

How is Nifty 50 calculated?

The Nifty 50 index is constructed using the free-float market-capitalisation-weighted method. It represents the market value of all the stocks in the index in comparison to a standard period value.

The value of a company’s shareholdings is referred to as its market capitalisation or market cap. The total market value of those shares that are accessible for public trade is called the free-float market cap.

Using this technique, each stock in the index is allocated a weight based on the total value of the outstanding shares.

Each stock’s market cap is calculated by multiplying it by a float factor or Investible Weight Factor (IWF). It solely takes into account shares that are accessible for public trade.

Market capitalisation = Shares outstanding * Current Price

Free-float Market Capitalisation = Market Cap * IWF

Index Value = (Current market value/Base market capital) * 1000

Here, the current market value is the weighted total market capitalisation of all 50 firms. The weighted aggregate market capitalisation of all 50 firms in the base period is the base market capital.

How to invest in Nifty 50 Stocks?

There are two common ways of investing in Nifty 50 stocks as follows:

  1. Buy individual stocks: The first way to invest in the Nifty 50 index is to buy individual stocks. One of the ways to do this is to buy them through Tickertape. Simply screen Nifty 50 stocks on Tickertape Stock Screener, evaluate them using the individual Stock Page and add them to the Basket. You can then execute multiple stock orders via the Transactions feature.
  2. Buy index mutual fund units: If you do not wish to invest in stocks directly, you can buy Nifty 50 stocks via index mutual funds that invest in the constituent stocks. You can invest in an index fund via a lump sum or a Systematic Investment Plan (SIP).

Eligibility criteria for stocks to be included in the Nifty 50 index

  1. The company should be registered with the National Stock Exchange (NSE)
  2. The company should have had 100% trading frequency in the last 6 months
  3. The stock should have differential voting rights
  4. The stock should be highly liquid
  5. The company should be allowed to trade in futures options

Rebalancing of Nifty 50

Nifty is reconstituted every 6 months. New stocks are included, and existing ones are eliminated based on the performance of the constituent stocks. Stocks can also be removed as a result of mergers, acquisitions, or spin-offs.

Frequently Asked Questions (FAQs)

What is a stock market index?

A stock market index is a metric used to track movements in the stock market and thereby assess its performance.

What is Nifty 50?

Nifty 50 is a benchmark index constituting 50 stocks of large-cap, well-established companies in India listed on the NSE. These stocks belong to different sectors, making the index a barometer for the overall stock market performance.

What are the 50 stocks of the Nifty 50 index?

Nestle India Ltd, Maruti Suzuki India Ltd, Bajaj Finance Ltd, UltraTech Cement Ltd, Apollo Hospitals Enterprise Ltd, and Dr Reddy’s Laboratories Ltd are a few stocks on the index.

Which share is the best in Nifty 50?

The best share in the Nifty 50 index depends on your investment objective, return expectation and risk appetite. Nifty 50 stocks span sectors like IT, financial services, automobiles, and so on. Sectors like IT can be high-growth, whereas FMCG may have moderate, sustained growth. With high growth comes high risk. Therefore, you should invest in stocks only after evaluating them based on their performance, prospects, and individual preference.

How many companies are there in Nifty 50?

There are 50 companies in the Nifty 50 index. These belong to well-established, large-cap companies across sectors.

How can I buy Nifty stocks?

You can either buy individual stocks that constitute the index or invest in Nifty 50 index funds.

How often is Nifty 50 rebalanced?

The index is rebalanced every 6 months. The cut-off date is 31st January and 31st July of each year. A prior notice of 4 weeks is given to the market.

Aradhana Gotur
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