In the table below you will find important data on Nifty 50 Share prices, 52-week High and Low, PE ratio, etc. You will also get MoneyWorks4me's rating on Quality, Valuation, Price Trend and Overall Rating to assist you in taking informed stock investing decisions.
Sr.No. | Company Name | Sector | Weightage |
---|---|---|---|
1 | Reliance Industries Ltd. | Petroleum Products | 12.48% |
2 | HDFC Bank Ltd. | Banks | 8.36% |
3 | Infosys Limited | It - Software | 7.56% |
4 | ICICI Bank Ltd. | Banks | 7.19% |
5 | Housing Development Fin. Corp. Ltd.£ | Finance | 5.73% |
6 | Tata Consultancy Services Ltd. | It - Software | 4.78% |
7 | Kotak Mahindra Bank Limited | Banks | 3.73% |
8 | ITC Ltd. | Diversified Fmcg | 3.25% |
9 | Hindustan Unilever Ltd. | Diversified Fmcg | 2.88% |
10 | Larsen and Toubro Ltd. | Construction | 2.75% |
11 | Axis Bank Ltd. | Banks | 2.49% |
12 | State Bank of India | Banks | 2.47% |
13 | Bharti Airtel Ltd. | Telecom - Services | 2.27% |
14 | Bajaj Finance Ltd. | Finance | 2.22% |
15 | Asian Paints Limited | Consumer Durables | 1.77% |
16 | HCL Technologies Ltd. | It - Software | 1.51% |
17 | Maruti Suzuki India Limited | Automobiles | 1.45% |
18 | Mahindra & Mahindra Ltd. | Automobiles | 1.36% |
19 | Sun Pharmaceutical Industries Ltd. | Pharmaceuticals & Biotechnology | 1.28% |
20 | Titan Company Ltd. | Consumer Durables | 1.27% |
21 | Tata Steel Ltd. | Ferrous Metals | 1.17% |
22 | Power Grid Corporation of India Ltd. | Power | 1.09% |
23 | Tata Motors Ltd. | Automobiles | 1.09% |
24 | Bajaj Finserv Ltd. | Finance | 1.08% |
25 | NTPC Limited | Power | 1.02% |
26 | Tech Mahindra Ltd. | It - Software | 1.01% |
27 | Wipro Ltd. | It - Software | 0.97% |
28 | UltraTech Cement Limited | Cement & Cement Products | 0.96% |
29 | Nestle India Ltd. | Food Products | 0.86% |
30 | Hindalco Industries Ltd. | Non - Ferrous Metals | 0.85% |
31 | Indusind Bank Ltd. | Banks | 0.83% |
32 | HDFC Life Insurance Company Limited | Insurance | 0.77% |
33 | Oil & Natural Gas Corporation Ltd. | Oil | 0.76% |
34 | Grasim Industries Ltd. | Cement & Cement Products | 0.74% |
35 | Adani Ports & Special Economic Zone | Transport Infrastructure | 0.73% |
36 | Dr Reddys Laboratories Ltd. | Pharmaceuticals & Biotechnology | 0.73% |
37 | JSW Steel Ltd. | Ferrous Metals | 0.73% |
38 | Cipla Ltd. | Pharmaceuticals & Biotechnology | 0.71% |
39 | SBI Life Insurance Company Ltd. | Insurance | 0.71% |
40 | Bajaj Auto Limited | Automobiles | 0.69% |
41 | Divis Laboratories Ltd. | Pharmaceuticals & Biotechnology | 0.63% |
42 | Tata Consumer Products Limited | Agricultural Food & Other Products | 0.63% |
43 | Britannia Industries Ltd. | Food Products | 0.59% |
44 | UPL Ltd. | Fertilizers & Agrochemicals | 0.59% |
45 | Apollo Hospitals Enterprise Ltd. | Healthcare Services | 0.56% |
46 | Coal India Ltd. | Consumable Fuels | 0.56% |
47 | Eicher Motors Ltd. | Automobiles | 0.53% |
48 | Hero MotoCorp Ltd. | Automobiles | 0.5% |
49 | Bharat Petroleum Corporation Ltd. | Petroleum Products | 0.43% |
50 | Shree Cement Ltd. | Cement & Cement Products | 0.4% |
S&P CNX Nifty popularly known as Nifty is a well-diversified 50 stocks index of companies from 14 sectors of the economy. These stocks are considered to be the barometers of the economy and are market leaders in their own sectors.
Nifty 50 is a professionally maintained Index by India Index Services and Products Ltd. (IISL), which is a joint venture between NSE and CRISIL. IISL has a marketing and licensing agreement with Standard & Poor's (S&P), who are world leaders in index services.
For a company to be listed in Nifty, they are required to satisfy the unique eligibility criteria set by NSE. These criteria include:
Nifty is computed using the free float adjustment methodology.
Market capitalization = Share Price x Number of shares.
Free Float Market Capitalization = Share Price x Shares Outstanding*IWF.
Index Value = Current Market Value / Base Index Value.
*IWF or Investible Weight factor = (Shares Outstanding – Locked-in Shares)/ Shares Outstanding.
Base Index Value = Base Market Capital * 1000.
Base Market capital = The average market price of a group of securities at a specific time. Used for the purpose of indexing.
The index value is computed on a real-time basis every day.
You can invest in Nifty through Nifty index funds or the Nifty ETF. This enables you to invest in all the 50 companies.
Nifty ETF have higher liquidity and slightly lower fees as compared to the Nifty Index Funds making them better investment choice
Inflation + returns - Index funds have consistently generated inflation beating returns over the long term. Coupled with low costs it becomes excellent value for investors.
Diversification – It deploys the investment in multiple companies and sectors thereby reducing risk compared to investing in a single or small set of companies. Over time Nifty 50 replaces the underperforming companies at a market level with performing one.
Wide market presence – Nifty 50 Index funds are quite popular in India and have a substantial market presence.
Low cost - These funds have lower operating expenses as fund managers simply need to replicate the index.
It is generally agreed that a Nifty PE ratio of less than 18 means an undervalued market and a time to invest more. However this cannot be predicted and changes dynamically. So, we have found that investing in index funds in a disciplined manner through monthly SIPs and investing lumpsum amounts on every correction will improve your returns. To know our recent views on the market read MW4Me Outlook
There are two important factors to look at while choosing an index fund – Liquidity and expense ratio. Choosing a fund with high liquidity, allows you to buy and sell with no impact cost. Choosing a fund with low expense ratio or fees improves your returns. Currently, the ICICI Nifty Index fund is popular.
Most index funds will give you similar returns. Thus, looking at past returns will be futile.
Not all stocks in the Nifty 50 index are Blue chips. As stocks are selected in the index using an algorithm, often stocks that are most popular make their way into the index. Some of these companies might lack traits of Blue-chip stocks like dependable earnings, stable dividends, and industry leaders.
Investment in Nifty 50 stocks should be with an aim to build your Core portfolio – a portfolio that is held for the long term and form the backbone of your investments. It is best built of industry leaders and highly efficient companies with low impact from an economic slowdown, competition, or governance issues. They are also less volatile, i.e. lower corrections and quicker return to fair prices. This consistency in return will help you stay invested in the equity market.
Not all Nifty 50 stocks fit this bill and just selective investment is warranted. For details read, ‘ Building a Portfolio with Core and Booster Stocks ’
How to invest in Nifty 50 stocks? The investment approach most suited for Retail investors, is investing in Quality-at-Reasonable-Price. This enables them to stay invested and let compounding do its magic. The best Nifty 50 stocks are usually expensive and very expensive. Investing at very high prices leads to the risk of mediocre returns and steep correction in portfolio worth and eventually exit. But they are available at reasonable prices in a bear market and times of specific temporary setbacks. On such occasions knowing the fair value of the Nifty 50 stocks enables you to invest in them confidently.
Read our blog to know more.
Return on equity or ROE is one of the most commonly used criteria to select stocks for investment. A high return on equity indicates that the company is utilizing investor money efficiently. Similarly, a low PE ratio indicates an undervalued company, making it ripe for higher returns.
However, keep in mind that a high ROE stock may also be overvalued; making it a very risky investment and a low PE stock may have a reason to remain so. You should always use a combination of ratios, to shortlist the best stocks to invest in. This initial shortlist should then be used to dig deeper into company fundamentals before actually making an investment.
Use the Moneyworks4Me screener to find the best Nifty 50 stocks to invest in.