Can you tell me about the sector weights of the various industries in Nifty?
Answer
Answer
The table below captures the Nifty sector weights in free float terms, which is the capital that is freely floating and not locked in with promoters.
Sl. No.
Industry
FF Market Cap (` Crores)
Weightage (%)
1
ALUMINIUM
31,307
0.8
2
AUTO ANCILLARIES
16,497
0.4
3
BANKS
10,25,543
26.3
4
CEMENT
58,325
1.5
5
CIGARETTES
2,17,986
5.6
6
COMMERCIAL VEHICLES
37,866
1.0
7
COMPUTERS - SOFTWARE
4,53,713
11.6
8
DIVERSIFIED
95,238
2.4
9
ENGINEERING-DESIGNING-CONSTRUCTION
1,61,622
4.1
10
GAS TRANSMISSION/MARKETING
28,154
0.7
11
HOUSING FINANCE
3,31,611
8.5
12
INDUSTRIAL MINERALS
36,930
0.9
13
MOTOR CYCLES/SCOOTERS
83,318
2.1
14
OIL EXPLORATION
50,198
1.3
15
PAINTS
50,510
1.3
16
PASSENGER/UTILITY VEHICLES
2,47,071
6.3
17
PHARMACEUTICALS
1,40,813
3.6
18
PORT
27,133
0.7
19
POWER
51,772
1.3
20
POWER - TRANSMISSION
42,462
1.1
21
REFINERIES/MARKETING
3,99,474
10.2
22
SOFTWARE - TELECOM
39,940
1.0
23
STEEL
44,391
1.1
24
TELECOM - EQUIPMENT
26,113
0.7
25
TELECOM - SERVICES
52,594
1.3
26
TV BROADCASTING & SOFTWARE PRODUCTION
31,506
0.8
27
NBFC
41,780
1.1
28
PESTICIDES AND AGROCHEMICALS
26,728
0.7
29
COPPER & COPPER PRODUCTS
51,641
1.3
Total
39,02,240
100.0
As you can see, band and other financials have the highest weightage in the Nifty followed by Information technology and oil which are much lower in weight.