What does NIFTY 50 index comprise of?
The Nifty 50 is an Index comprising of the top 51 stocks on the National Stock Exchange. It is owned and managed by India Index Services & Products Ltd. (IISL). It was formerly known as S&P CNX Nifty but later on it was renamed in 2013 as Nifty 50 index.
Nifty 50 represents top 51 listed companies which comprises of 13 different sectors. These top 51 companies are popular for their consistent earnings and high PE ratio. This index calculated in the past based on the full market capitalization however from June, 2009 the computation changed and index calculated based on the free float market capitalization. This Nifty 50 Index represents about 65% of free float market capitalization of the stocks listed on NSE as on 31st March, 2016.
The NIFTY 50 is currently made up of the following stocks.
Sr. No. | Stock Name |
1 | ACC |
2 | Adani Ports and Special Economic Zone |
3 | Ambuja Cements |
4 | Asian Paints |
5 | Aurobindo Pharma |
6 | Axis Bank |
7 | Bajaj Auto |
8 | Bank of Baroda |
9 | Bharti Airtel |
10 | BHEL |
11 | Bosch |
12 | BPCL |
13 | CIPLA |
14 | Coal India |
15 | Dr. Reddy Laboratories |
16 | Eicher Motors |
17 | GAIL India |
18 | Grasim Industries |
19 | HCL Technologies |
20 | HDFC |
21 | HDFC Bank |
22 | Hero MotoCorp |
23 | Hindalco Industries |
24 | Hindustan Unilever |
25 | ICICI Bank |
26 | Idea Cellular |
27 | IndusInd Bank |
28 | Bharti Infratel |
29 | Infosys |
30 | ITC |
31 | Kotak Mahindra Bank |
32 | Larsen & Toubro |
33 | Lupin |
34 | Mahindra & Mahindra |
35 | Maruti Suzuki |
36 | NTPC |
37 | Oil & Natural Gas Corporation |
38 | Power Grid Corporation |
39 | Reliance Industries |
40 | State Bank of India |
41 | Sun Pharmaceuticals Industries |
42 | Tata Motors |
43 | Tata Motors(DVR) |
44 | Tata Power |
45 | Tata Steel |
46 | Tata Consultancy Services |
47 | Tech Mahindra |
48 | Ultra Tech Cement |
49 | Wipro |
50 | Yes Bank |
51 | Zee Entertainment Enterprises |
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15th Jun 2016 at 07:41 am