What is Nifty 50 index?
Indian Equity Market consists of various indices, Nifty 50 index is also one of the major index in the National Stock Exchange (NSE).
Full form of Nifty is National Index Fifty.
The Nifty 50 Companies index consists of 50 Indian stocks Companies list of 14 (Previously 13) important sectors of the economy.
These 50 Stock Companies have different weightage in Nifty 50 Index.
The basis of Nifty 50 is closing prices on 3rd November 1995 with a base value of 1000 and with a base capital of Rs. 2.06 trillion.
Computation & Trading in Nifty 50 Index
Nifty 50 is computed by free-float capitalization method.
It is traded frequently in both options and future market. For trading purpose, the current lot size of Nifty is 75 units.
Below is the list of Nifty 50 Stocks Weightage 2021 that are included in Nifty 50 Index along with weightage sorted on the basis of percentages updated on April 1, 2021 for March closing. (Nifty weightage stocks)
- HDFC Bank Ltd. – 10.24%
- Reliance Industries Ltd. – 10.19%
- Infosys Ltd. – 7.98%
- Housing Development Finance Corporation Ltd. – 7.08%
- ICICI Bank Ltd. – 6.34%
- Tata Consultancy Services Ltd. – 5.18%
- Kotak Mahindra Bank Ltd. – 4.05%
- Hindustan Unilever Ltd. – 3.42%
- ITC Ltd. – 3.01%
- AXIS Bank Ltd. – 2.76%
- Larsen & Toubro Ltd. – 2.70%
- State Bank of India – 2.20%
- Bajaj Finance Ltd. – 2.15%
- Bharti Airtel Ltd. – 1.97%
- Asian Paints Ltd. – 1.80%
- HCL Technologies Ltd. – 1.68%
- Maruti Suzuki India Ltd. – 1.44%
- UltraTech Cement Ltd. – 1.22%
- Mahindra & Mahindra Ltd. – 1.20%
- Sun Pharmaceutical Industries Ltd. – 1.02%
- Titan Company Ltd. – 1.02%
- Tech Mahindra Ltd. – 0.97%
- Wipro Ltd. – 0.96%
- Nestle India Ltd. – 0.96%
- Tata Steel Ltd. – 0.96%
- Bajaj Finserv Ltd. – 0.92%
- HDFC Life Insurance Co. Ltd.- 0.91%
- Power Grid Corporation of India Ltd. – 0.87%
- Grasim Industries Ltd. – 0.87%
- Dr. Reddy’s Laboratories Ltd. – 0.86%
- IndusInd Bank Ltd. – 0.85%
- Tata Motors Ltd. – 0.85%
- Adani Port and Special Economic Zone – 0.81%
- NTPC Ltd. – 0.80%
- Bajaj Auto Ltd. – 0.75%
- Hindalco Industries Ltd. – 0.75%
- Divi’s Laboratories Ltd. – 0.73%
- JSW Steel Ltd. – 0.71%
- Britannia Industries Ltd. – 0.67%
- Cipla Ltd. – 0.65%
- Bharat Petroleum Corp. Ltd. – 0.63%
- Shree Cement Ltd. – 0.62%
- Hero MotoCorp Ltd. – 0.60%
- TataConsumer products Ltd. – 0.42%
- Oil & Natural Gas Corporation Ltd. – 0.59%
- Eicher Motors Ltd. – 0.57%
- UPL Ltd. – 0.56%
- SBI Life Insurance Co. – 0.54%
- Coal India Ltd. – 0.43%
- Indian Oil Corporation Ltd. – 0.37%
HDFC Bank has the highest weightage having 10.24% weightage in Nifty 50 Companies list 2021, whereas Reliance Industries Ltd. (Reliance Weight in Nifty 50) pushed to second place having 10.19% weightage & Infosys is on third spot having 7.98% in Nifty 50 Companies list 2021 based on closing prices of March 2021. These stocks are called Nifty heavy weights stocks.
Indian Oil Corporation Ltd. (IOC) has the least weightage of 0.37% in Nifty 50.
Tata Consumer products Ltd. (TATACONSUM) is the new entrant in the Nifty 50 List; whereas Gail (India) Ltd. exited the index w.e.f. 1st March 2021.
Zee Entertainment Enterprises Ltd. & Bharti Infratel Ltd. has been replaced by SBI Life Insurance Co. & Divi’s Laboratories Ltd. with effect from September 25, 2020.
There was exclusion of Vedanta Ltd. in the Nifty 50 Index from July 31, 2020. HDFC Life (HDFCLife) has been included as a replacement of Vedanta in Nifty50 Index.
There was exclusion of Yes Bank in the Nifty 50 Index on March 19, 2020. Shree Cement Ltd has been lately included in Nifty 50 Companies List 2020.
For Daily weightage, you can check Top 10 Nifty Stocks.
Tabular Chart of Nifty 50 Stocks Weightage 2021 Sector Wise (March)
|AXIS Bank Ltd.||AXISBANK||FINANCIAL SERVICES||2.76%|
|Bajaj Finance Ltd.||BAJFINANCE||FINANCIAL SERVICES||2.15%|
|Bajaj Finserv Ltd.||BAJAJFINSV||FINANCIAL SERVICES||0.92%|
|HDFC Bank Ltd.||HDFCBANK||FINANCIAL SERVICES||10.24%|
|HDFC Life Insurance Co.||HDFCLIFE||FINANCIAL SERVICES||0.91%|
|Housing Development Finance Corporation Ltd.||HDFC||FINANCIAL SERVICES||7.08%|
|ICICI Bank Ltd.||ICICIBANK||FINANCIAL SERVICES||6.34%|
|IndusInd Bank Ltd.||INDUSINDBK||FINANCIAL SERVICES||0.85%|
|Kotak Mahindra Bank Ltd.||KOTAKBANK||FINANCIAL SERVICES||4.05%|
|SBI Life Insurance Co.||SBILIFE||FINANCIAL SERVICES||0.54%|
|State Bank Of India||SBIN||FINANCIAL SERVICES||2.20%|
|Bharat Petroleum Corp. Ltd.||BPCL||OIL & GAS||0.63%|
|Indian Oil Corporation Ltd.||IOC||OIL & GAS||0.37%|
|Oil And Natural Gas Corporation Ltd.||ONGC||OIL & GAS||0.59%|
|Reliance Industries Ltd.||RELIANCE||OIL & GAS||10.19%|
|Power Grid Corporation of India Ltd.||POWERGRID||POWER||0.87%|
|HCL Technologies Ltd.||HCLTECH||IT||1.68%|
|Tata Consultancy Services Ltd.||TCS||IT||5.18%|
|Tech Mahindra Ltd.||TECHM||IT||0.97%|
|Asian Paints Ltd.||ASIANPAINT||CONSUMER GOODS||1.80%|
|Britannia Industries Ltd.||BRITANNIA||CONSUMER GOODS||0.67%|
|Hindustan Unilever Ltd.||HINDUNILVR||CONSUMER GOODS||3.42%|
|ITC Ltd.||ITC||CONSUMER GOODS||3.01%|
|Nestle India Ltd.||NESTLEIND||CONSUMER GOODS||0.96%|
|Tata Consumer Products Ltd.||TATACONSUM||CONSUMER GOODS||0.60%|
|Titan Company Ltd.||TITAN||CONSUMER GOODS||1.02%|
|Bajaj Auto Ltd.||BAJAJ-AUTO||AUTOMOBILE||0.75%|
|Eicher Motors Ltd.||EICHERMOT||AUTOMOBILE||0.57%|
|Hero MotoCorp Ltd.||HEROMOTOCO||AUTOMOBILE||0.60%|
|Mahindra & Mahindra Ltd.||M&M||AUTOMOBILE||1.20%|
|Maruti Suzuki India Ltd.||MARUTI||AUTOMOBILE||1.44%|
|Tata Motors Ltd.||TATAMOTORS||AUTOMOBILE||0.85%|
|Larsen & Toubro Ltd.||LT||CONSTRUCTION||2.70%|
|Coal India Ltd.||COALINDIA||METALS||0.43%|
|Hindalco Industries Ltd.||HINDALCO||METALS||0.75%|
|JSW Steel Ltd.||JSWSTEEL||METALS||0.71%|
|Tata Steel Ltd.||TATASTEEL||METALS||0.96%|
|Divi’s Laboratories Ltd.||DIVISLAB||PHARMA||0.73%|
|Dr. Reddy’s Laboratories Ltd.||DRREDDY||PHARMA||0.86%|
|Sun Pharmaceutical Industries Ltd.||SUNPHARMA||PHARMA||1.02%|
|Bharti Airtel Ltd.||BHARTIARTL||TELECOM||1.97%|
|Grasim Industries Ltd.||GRASIM||CEMENT & CEMENT PRODUCTS||0.87%|
|Shree Cement Ltd.||SHREECEM||CEMENT & CEMENT PRODUCTS||0.62%|
|UltraTech Cement Ltd.||ULTRACEMCO||CEMENT & CEMENT PRODUCTS||1.22%|
|UPL Ltd.||UPL||FERTILISERS & PESTICIDES||0.56%|
|Adani Port and Special Economic Zone Ltd.||ADANIPORTS||SERVICES||0.81%|
Nifty 50 Index Sector wise weightage
As on March 31, 2021 Nifty 50 weightage index consists of 13 different sectors . Their sector/ industry wise weightage is as below.
- Financial Services – 38.04%
- IT – 16.77%
- Oil & Gas – 11.78%
- Consumer Goods – 11.48%
- Automobile – 5.41%
- Pharma – 3.26%
- Metals – 2.85%
- Cement & Cement Products – 2.71%
- Construction – 2.70%
- Telecom – 1.97%
- Power – 1.67%
- Services – 0.81%
- Fertilizers & Pesticides – 0.56%
Financial Services Sector has the highest weightage percentage of 38.04% and Fertilizers & Pesticides Sector has the least percentage of 0.56% in Nifty 50 Sectoral Weightage on the basis of Nifty 50 March 2021 Closing prices.
Till August 2020, it had 14 sectors, Zee Entertainment Enterprises Ltd was removed from Nifty 50 which was of Media & Entertainment sector.
Prior to April 1,2020, this index consists of 13 different sectors.
The Energy sector has been divided into 2 sectors namely Oil & Gas and Power.
Nifty 50 Index Future and Options Lot Size
As per the circular Ref. No. 91/2018 dated September 28, 2018 issued by National Stock Exchange India Ltd, Nifty 50 Lot Size for futures & Options Contract is 75 units.