What does NIFTY FMCG index comprise of?
This index comprise of top 15 companies who manufacture FMCG Products. FMCG (Fast Moving Consumer Goods) are those goods which are non durable and having a mass consumption.
This index measures the behavior and performance of FMCG stocks. This index represents about 8.6% of the free float market capitalization of the stocks listed on NSE and 80.4% of the free float market capitalization of the stocks forming part of the FMCG universe as on 31st March, 2016. These 15 companies are selected based on their average daily turnover and average daily full market capitalization based on previous six months data.
Nifty FMCG currently made up of the following.
Sr. No. | Stock Name |
1 | Britannia Industries |
2 | Colgate Palmolive |
3 | Dabur India |
4 | Emami |
5 | Godrej Consumer Products |
6 | Godrej Industries |
7 | GlaxoSmithKline Consumer Healthcare |
8 | Hindustan Unilever |
9 | ITC |
10 | Jubilant Foodworks |
11 | Marico |
12 | United Spirits |
13 | Procter & Gamble Hygiene and Health Care |
14 | Tata Global Beverages |
15 | United Breweries |