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What is Nifty 50 Index – Weightage, Companies, and Stocks List in 2023

This post was most recently updated on August 31st, 2023

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The Nifty 50 is a stock market index in India that represents the performance of the top 50 companies listed on the National Stock Exchange (NSE). These companies are selected based on their market capitalization and other factors, and the Nifty 50 is widely considered to be a benchmark for the Indian stock market.

What is NIFTY 50 - Nifty 50 Stocks List and Weightage
What is NIFTY 50

In this article, we will look at companies and stocks that are part of the NIFTY 50 component and their NIFTY 50 weightage.

Consider reading: Latest NIFTY PE Ratio and History

What is Nifty 50 Index?

To start with, the Nifty 50 index is one of many Indices that NSE India has. NSE India is a stock exchange that allows investors/traders to invest in and trade stocks.

NSE India has created many stock indices to track the performance of markets in general, NIFTY 50 is one of the many Indices.

The Nifty 50 includes a diverse range of companies from various sectors, including banking, information technology, pharmaceuticals, and more.

Some of the companies that are included in the Nifty 50 index are Reliance Industries, HDFC Bank, Infosys, and TATA Consultancy Services.

Each of the 50 companies included in the Nifty 50 index is assigned a weightage based on its market capitalization. This means that larger companies have a greater impact on the overall performance of the index.

For example, Reliance Industries, with a market capitalization of over INR 10 lakh crore, has a weightage of around 10% in the Nifty 50, while smaller companies have a lower weightage.

Understanding the Nifty 50 is important for investors who are looking to invest in the Indian stock market, as it provides a snapshot of the performance of the top companies in the country.

By tracking the performance of the Nifty 50, investors can make informed decisions about which companies to invest in and how to allocate their portfolios.

Consider reading: What is Sensex Index

History of the NIFTY 50 Index

The NIFTY 50 Index was launched on 22nd April 1996. The index was launched with a base value of 1000. As the name suggests, NIFTY 50 has 50 companies as part of its index.

The NIFTY 50 index is a well-diversified 50-company index reflecting overall market conditions.

The NIFTY 50 Index is computed using the free-float market capitalization method.NIFTY 50 can be used for a variety of purposes such as benchmarking fund portfolios, launching index funds, ETFs, and structured products.

NIFTY 50 Stocks List in 2023 (NIFTY 50 Companies List)

Below are the latest 50 companies/stocks that are part of the NIFTY 50 Stocks List:

Company NameIndustrySymbol
Adani Enterprises Ltd.Metals & MiningADANIENT
Adani Ports and Special Economic Zone Ltd.ServicesADANIPORTS
Apollo Hospitals Enterprise Ltd.HealthcareAPOLLOHOSP
Asian Paints Ltd.Consumer DurablesASIANPAINT
Axis Bank Ltd.Financial ServicesAXISBANK
Bajaj Auto Ltd.Automobile and Auto ComponentsBAJAJ-AUTO
Bajaj Finance Ltd.Financial ServicesBAJFINANCE
Bajaj Finserv Ltd.Financial ServicesBAJAJFINSV
Bharat Petroleum Corporation Ltd.Oil Gas & Consumable FuelsBPCL
Bharti Airtel Ltd.TelecommunicationBHARTIARTL
Britannia Industries Ltd.Fast Moving Consumer GoodsBRITANNIA
Cipla Ltd.HealthcareCIPLA
Coal India Ltd.Oil Gas & Consumable FuelsCOALINDIA
Divi’s Laboratories Ltd.HealthcareDIVISLAB
Dr. Reddy’s Laboratories Ltd.HealthcareDRREDDY
Eicher Motors Ltd.Automobile and Auto ComponentsEICHERMOT
Grasim Industries Ltd.Construction MaterialsGRASIM
HCL Technologies Ltd.Information TechnologyHCLTECH
HDFC Bank Ltd.Financial ServicesHDFCBANK
HDFC Life Insurance Company Ltd.Financial ServicesHDFCLIFE
Hero MotoCorp Ltd.Automobile and Auto ComponentsHEROMOTOCO
Hindalco Industries Ltd.Metals & MiningHINDALCO
Hindustan Unilever Ltd.Fast Moving Consumer GoodsHINDUNILVR
Housing Development Finance Corporation Ltd.Financial ServicesHDFC
ICICI Bank Ltd.Financial ServicesICICIBANK
ITC Ltd.Fast Moving Consumer GoodsITC
IndusInd Bank Ltd.Financial ServicesINDUSINDBK
Infosys Ltd.Information TechnologyINFY
JSW Steel Ltd.Metals & MiningJSWSTEEL
Kotak Mahindra Bank Ltd.Financial ServicesKOTAKBANK
Larsen & Toubro Ltd.ConstructionLT
Mahindra & Mahindra Ltd.Automobile and Auto ComponentsM&M
Maruti Suzuki India Ltd.Automobile and Auto ComponentsMARUTI
NTPC Ltd.PowerNTPC
Nestle India Ltd.Fast Moving Consumer GoodsNESTLEIND
Oil & Natural Gas Corporation Ltd.Oil Gas & Consumable FuelsONGC
Power Grid Corporation of India Ltd.PowerPOWERGRID
Reliance Industries Ltd.Oil Gas & Consumable FuelsRELIANCE
SBI Life Insurance Company Ltd.Financial ServicesSBILIFE
State Bank of IndiaFinancial ServicesSBIN
Sun Pharmaceutical Industries Ltd.HealthcareSUNPHARMA
Tata Consultancy Services Ltd.Information TechnologyTCS
Tata Consumer Products Ltd.Fast Moving Consumer GoodsTATACONSUM
Tata Motors Ltd.Automobile and Auto ComponentsTATAMOTORS
Tata Steel Ltd.Metals & MiningTATASTEEL
Tech Mahindra Ltd.Information TechnologyTECHM
Titan Company Ltd.Consumer DurablesTITAN
UPL Ltd.ChemicalsUPL
UltraTech Cement Ltd.Construction MaterialsULTRACEMCO
Wipro Ltd.Information TechnologyWIPRO
NIFTY 50 Stocks List

Consider reading: Best Blue Chip Stocks in India

NIFTY 50 Weightage by Sector in 2023

By far the biggest sector within NIFTY 50 is the Financial services sector which is dominated by banks. The below table shows the weightage by sector for NIFTY 50.

SectorWeight (%)
Financial Services37.59
Information Technology12.65
Oil, Gas & Consumable Fuels11.99
Fast Moving Consumer Goods9.82
Automobile and Auto Components5.98
Healthcare3.86
Construction3.54
Metals & Mining3.52
Consumer Durables3.30
Telecommunication2.61
Power2.10
Construction Materials1.89
Services0.74
Chemicals0.41
NIFTY 50 Weightage by Sector

NIFTY 50 Weightage by Stocks in 2023

Here is the NIFTY Weightage by Stocks list:

Company & Stock SymbolWeightageIndustry
Reliance Industries (RELIANCE)10.28%Oil & Gas
HDFC Bank (HDFCBANK)8.73%Financial Services
ICICI Bank (ICICIBANK)8.15%Financial Services
Housing Development Finance Corporation (HDFC)5.88%Financial Services
Infosys (INFY)5.79%Information Technology
Tata Consultancy Services (TCS)4.15%Information Technology
ITC (ITC)4.83%FMCG
Kotak Mahindra Bank (KOTAKBANK)3.64%Financial Services
Axis Bank (AXISBANK)3.08%Financial Services
Larsen & Toubro (LT)3.28%Construction
State Bank of India (SBIN)2.74%Financial Services
Hindustan Unilever (HINDUNILVR)2.93%FMCG
Bharti Airtel (BHARTIARTL)2.56Telecommunication
Bajaj Finance (BAJFINANCE)2.29%Financial Services
Asian Paints (ASIANPAINT)1.77%Consumer Durables
Mahindra & Mahindra (M&M)1.45%Automobile
Maruti Suzuki India (MARUTI)1.53%Automobile
HCL Technologies (HCLTECH)1.49%Information Technology
Sun Pharma (SUNPHARMA)1.30%Healthcare
Titan Company (TITAN)1.45%Consumer Durables
Adani Enterprises (ADANIENT)0.84%Metals & Mining
Tata Steel (TATASTEEL)1.05%Metals & Mining
Bajaj Finserv (BAJAJFINSV)0.97%Financial Services
UltraTech Cement (ULTRACEMCO)1.12%Construction Materials
NTPC (NTPC)1.02%Power
IndusInd Bank (INDUSINDBK)1.03%Financial Services
Power Grid Corporation (POWERGRID)0.98%Power
JSW Steel (JSWSTEEL)0.81%Metals & Mining
Tata Motors (TATAMOTORS)1.14%Automobile
Nestle India (NESTLEIND)0.95%FMCG
Hindalco Industries (HINDALCO)0.73%Metals & Mining
Grasim Industries (GRASIM)0.78%Construction Materials
Tech Mahindra (TECHM)0.86%Information Technology
Adani Ports and SEZ (ADANIPORTS)0.69%Services
Cipla (CIPLA)0.62%Healthcare
Wipro (WIPRO)0.74%Information Technology
Oil & Natural Gas Corp. (ONGC)0.74%Oil & Gas
HDFC Life Insurance Co. (HDFCLIFE)0.72%Financial Services
SBI Life Insurance Co. (SBILIFE)0.68%Financial Services
Dr. Reddy’s Laboratories (DRREDDY)0.67%Healthcare
Britannia Industries (BRITANNIA)0.68%FMCG
Coal India (COALINDIA)0.62%Oil & Gas
Tata Consumer Products (TATACONSUM)0.58%FMCG
Apollo Hospitals Enterprise (APOLLOHOSP)0.57%Healthcare
Eicher Motors (EICHERMOT)0.62%Automobile
Divi’s Laboratories (DIVISLAB)0.54%Healthcare
Bajaj Auto (BAJAJ-AUTO)0.64%Automobile
UPL (UPL)0.44%Chemicals
Hero MotoCorp (HEROMOTOCO)0.44%Automobile
Bharat Petroleum Corp. (BPCL)0.43%Oil & Gas
NIFTY Weightage by Stocks

Consider reading: Bank NIFTY Stocks and Weigthage

NIFTY IT Weightage

The NIFTY IT Weightage currently is 12.65%. The list of stock that constitutes NIFTY IT Weightage is:

Company & Stock SymbolWeightage
Infosys (INFY)5.79%
Tata Consultancy Services (TCS)4.15%
HCL Technologies (HCLTECH)1.49%
Tech Mahindra (TECHM)0.86%
Wipro (WIPRO)0.74%
NIFTY IT Weightage

NIFTY 50 Top 10 Weightage Stocks / Companies in 2023

Nifty 50 stocks weightage in 2023; Below are the top 10 companies as per their weightage. Reliance Industries, HDFC Bank, ICICI Bank, and Infosys contribute 35 % of the NIFTY 50.

Company NameWeight (%)
Reliance Industries Ltd.10.21
HDFC Bank Ltd.8.90
ICICI Bank Ltd.7.74
Housing Development Finance Corporation6.10
Infosys Ltd.5.64
ITC Ltd.4.72
Tata Consultancy Services Ltd.4.00
Larsen & Toubro Ltd.3.54
Kotak Mahindra Bank Ltd.3.21
Axis Bank Ltd.3.20
NIFTY 50 Top 10 Weightage Stocks

NIFTY 50 Index Historical Performance

The below graph shows the historical performance of NIFTY 50. Nifty has come a long way from 1000 in 1996 to 18000 in 2022. That’s 18x returns in 25 years!

Nifty historical performance till 2023
Nifty historical performance till 2023

What are the Eligibility Criteria for a Stock/Company to be Part of NIFTY 50?

As per the NSE website , Eligibility Criteria for Selection of Constituent Stocks in NIFTY:

  • 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, it has 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.
  • The company should have a listing history of 6 months.
  • Companies that are allowed to trade in the F&O segment are only eligible to be constituents of the index.
  • A company that 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.

NIFTY 50 Index Weightage Re-Balancing

The index undergoes re-balancing bi-annually, specifically on January 31 and July 31 each year.

In conducting this semi-annual review of indices, the data averaged over the preceding six months up to the cut-off date is taken into account.

The market is provided with a four-week notice prior to the effective date of any changes.

NIFTY 50 Index Governance:

The NSE indices are managed by a team of professionals, operating within a tri-level governance structure. This structure includes the Board of Directors of NSE Indices Limited, the Index Advisory Committee (Equity), and the Index Maintenance Sub-Committee.

What is the Importance of NIFTY 50 in the Indian Stock Market?

Although BSE Sensex is the oldest index in the Indian stock market NIFTY 50 is being tracked by many investors in India and all over the world.

NIFTY 50 is considered the major Index of the Indian stock market. NIFTY 50’s performance is used to measure the stock market performance.

If you are a new investor then we suggest you get familiarised with NIFTY 50 stocks as they are often the top 50 stocks in Indian stock markets. The NIFTY 50 stocks are mostly considered the safest stocks to invest in.

There are many ETFs and Index funds that invest directly in Indices with a low cost of managing the fund. In that case, understanding NIFTY 50 becomes a crucial part of your investing journey.

Advantages of Investing in NIFTY 50 Stocks

Investing in Nifty 50 stocks can offer a range of advantages for investors looking to grow their wealth over the long term.

Here are some benefits to consider:

  1. Diversification: The Nifty 50 index includes a diverse range of companies from various sectors, which can help to spread risk and offer a level of diversification for investors. This means that if one sector is underperforming, the losses can be offset by gains in other sectors.
  2. Stability: The Nifty 50 index includes some of the largest and most stable companies in India, which can offer a level of stability for investors. These companies have a proven track record of success and are less likely to experience dramatic fluctuations in value.
  3. Liquidity: The Nifty 50 index includes some of the most actively traded stocks in India, which means that there is a high level of liquidity. This can be beneficial for investors who want to buy or sell their shares quickly and easily.
  4. Growth potential: Many of the companies included in the Nifty 50 index are leaders in their respective industries and have strong growth potential. This means that investors have the opportunity to benefit from the growth of these companies over the long term.
  5. Easy access: Investing in Nifty 50 stocks is easy and convenient, as investors can buy and sell shares through a range of brokers and online platforms. This makes it accessible to a wide range of investors, including those who are new to the stock market.

In conclusion, investing in Nifty 50 stocks can offer a range of advantages for investors, including diversification, stability, liquidity, growth potential, and easy access.

As with any investment, it’s important to do your research and consult with a financial advisor before making any investment decisions.

Final Thoughts on Nifty 50 Index – Weightage, Companies, and Stocks List

The NIFTY 50 Index is the most popular in India. NIFTY 50 is looked at the index that defines India’s stock market performance. If you are an investor or a trader, it is advisable that you keep a close watch on the NIFTY 50 index.

The NIFTY 50 stocks list gives an excellent choice of blue chip stock selection if you want to invest for the long term. The NIFTY 50 Stock weightage will give you an indication of which stocks are important and which are less important.

Hope this article gave you insight into the index and helped you make informed decisions on your stock investments.

Please consult your financial advisor before making any investment decisions.

FAQs on Nifty 50 Index – Weightage, Companies, and Stocks List

  1. What is the top weightage in Nifty?

    With a weightage of 37.59%, the Financial Services sector has the maximum weightage in Nifty 50. This sector is followed by Information Technology (12.65%) and Oil & Gas (11.99%) in terms of dominance in the Nifty 50 index for 2023.

  2. What is the weightage of Nifty contributors?

    The weightage of Nifty contributors includes all constituents, such as Reliance Industries Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Housing Development Finance Corporation Ltd., Infosys Ltd., ITC Ltd., Tata Consultancy Services Ltd., and Axis Bank Ltd. The return attribution ranges from 0.19% to 1.36%.

  3. What are the heavyweights in Nifty?

    The heavyweights in Nifty 50 for 2023 are Reliance Industries Limited, HDFC Bank Limited, ICICI Bank Limited, Infosys Limited, Housing Development Finance Corporation Limited, Tata Consultancy Services, ITC Limited, and Kotak Mahindra Bank Limited. These companies belong to sectors like oil, gas & consumable fuels, financial services, and IT services.

  4. What does NIFTY 50 mean?

    Nifty 50 is one of the Indexes created in NSE which consists of 50 stocks. The purpose of NIFTY 50 is to track the underline performance of these 50 stocks which are part of the index

  5. What do Sensex and nifty meaning?

    Sensex is an index of 30 stocks and Nifty also called NIFTY 50 is an index of 50 stocks. Sensex is an index created by BSE and NIFTY 50 is an index created by NSE India

  6. Sensex vs NIFTY which is better?

    There is no comparison between Sensex and NIFTY as they are separate indexes on their own. SENSEX is an Index of 30 stocks so Sensex tracks the performance of 30 stocks only whereas NIFTY 50 is an index of 50 stocks that tracks the performance of 50 stocks. Historically Sensex and NIFTY have given similar returns on an index basis.

  7. How do I invest in the NIFTY 50 Index?

    If you want to directly invest in NIFTY 50 then you can either buy an ETF that invests in NIFTY 50 or you can buy an index fund that invests in NIFTY 50. If you are looking to invest in stocks that are part of NIFTY 50 then you can buy any stocks which are part of NIFTY 50 via your broker.

  8. What are nifty’s returns last 10 years?

    From the level of around 5500 in Nifty in 2010; Nifty has reached 18000 in 2022 thus giving around 300% returns in 10 years.

  9. What is the weightage of Nifty 50 top constituents?

    The weightage of Nifty 50 top constituents refers to the proportion of each stock’s value in the total index. These weights are based on market capitalization and are constantly adjusted. The Nifty 50 undergoes periodic reviews to ensure that it accurately represents the Indian stock market.

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