What has been the weightage of various stocks in the Sensex and the Nifty?
Answer
Answer
The table below captures the break-up of the Nifty and the Sensex as of end of November 2019 and this table also includes a number of other analytics that me be of relevance to the investors.
Having seen the trends on the Sensex, let us also look at the trends in the Nifty as under:
Sl. No
Name of Security
Issued Capital (`Crore)
Free Float Market Capitalisation (` crore)
Weightage (Percent)
Beta
R 2
Daily Volatility (Percent)
Monthly Return (Percent)
Impact Cost (Percent)
1
HDFC Bank Ltd.
547
5,51,021
11.1
1.0
0.5
0.8
3.6
0.0
2
Reliance Industries Ltd.
6,339
5,30,978
10.7
1.0
0.3
1.4
5.9
0.0
3
Housing Development Finance Corporation Ltd.
345
3,95,966
8.0
1.1
0.5
1.1
7.8
0.0
4
ICICI Bank Ltd.
1,292
3,31,043
6.7
1.4
0.5
1.5
10.7
0.0
5
Infosys Ltd.
2,129
2,55,020
5.1
0.3
0.0
1.5
1.6
0.0
6
Kotak Mahindra Bank Ltd.
955
2,15,931
4.3
1.1
0.4
1.0
2.6
0.0
7
Tata Consultancy Services Ltd.
375
2,15,728
4.3
0.3
0.0
1.5
-9.5
0.0
8
ITC Ltd.
1,229
2,11,891
4.3
0.7
0.3
1.1
-4.4
0.0
9
Axis Bank Ltd.
564
1,64,587
3.3
1.3
0.5
1.6
0.4
0.0
10
Larsen & Toubro Ltd.
281
1,64,306
3.3
1.3
0.5
1.0
-9.7
0.0
11
Hindustan Unilever Ltd.
216
1,45,399
2.9
0.7
0.3
1.1
-6.4
0.0
12
State Bank of India
892
1,31,188
2.6
1.6
0.5
1.8
9.4
0.0
13
Bajaj Finance Ltd.
116
96,867
2.0
1.6
0.5
1.1
1.2
0.0
14
Maruti Suzuki India Ltd.
151
96,308
1.9
1.4
0.4
1.3
-4.2
0.0
15
IndusInd Bank Ltd.
693
94,598
1.9
1.7
0.4
2.4
19.5
0.0
16
Bharti Airtel Ltd.
2,566
84,014
1.7
1.0
0.2
3.4
18.2
0.0
17
Asian Paints Ltd.
96
76,917
1.6
1.0
0.4
1.1
-5.7
0.0
18
HCL Technologies Ltd.
271
61,180
1.2
0.3
0.0
0.8
-3.0
0.0
19
Bajaj Finserv Ltd.
80
55,091
1.1
1.4
0.4
1.3
12.0
0.0
20
Nestle India Ltd.
96
51,563
1.0
0.7
0.2
1.1
-3.3
0.0
21
Mahindra & Mahindra Ltd.
622
50,787
1.0
1.4
0.4
1.0
-12.5
0.0
22
NTPC Ltd.
9,895
50,654
1.0
0.6
0.1
0.9
-4.9
0.0
23
Sun Pharmaceutical Industries Ltd.
240
49,650
1.0
0.6
0.1
2.1
3.8
0.0
24
Titan Company Ltd.
89
48,390
1.0
1.0
0.2
2.3
-12.9
0.0
25
UltraTech Cement Ltd.
289
47,940
1.0
1.4
0.5
1.4
2.8
0.0
26
Tech Mahindra Ltd.
482
47,013
1.0
0.3
0.0
1.1
3.0
0.0
27
Power Grid Corporation of India Ltd.
5,232
45,507
0.9
0.3
0.1
1.1
-2.6
0.0
28
Oil & Natural Gas Corporation Ltd.
6,290
41,436
0.8
1.1
0.3
1.4
-7.0
0.0
29
Bajaj Auto Ltd.
289
41,356
0.8
0.9
0.3
0.8
-2.2
0.0
30
Bharat Petroleum Corporation Ltd.
2,169
41,058
0.8
1.3
0.2
2.3
-2.9
0.0
31
Coal India Ltd.
6,163
36,682
0.7
0.7
0.1
1.7
-1.1
0.0
32
Britannia Industries Ltd.
24
36,006
0.7
0.8
0.2
1.5
-6.4
0.0
33
Dr. Reddy's Laboratories Ltd.
83
35,341
0.7
0.3
0.0
1.4
4.7
0.0
34
Wipro Ltd.
1,142
35,303
0.7
0.3
0.1
0.9
-8.3
0.0
35
Tata Steel Ltd.
1,126
32,265
0.7
1.6
0.4
2.4
12.3
0.0
36
Indian Oil Corporation Ltd.
9,414
32,163
0.7
1.3
0.3
1.6
-10.5
0.0
37
Eicher Motors Ltd.
27
31,845
0.6
1.6
0.3
1.6
1.5
0.0
38
Hero MotoCorp Ltd.
40
31,593
0.6
1.3
0.3
1.1
-10.0
0.0
39
UPL Ltd.
153
31,534
0.6
0.8
0.1
2.3
-3.9
0.0
40
Grasim Industries Ltd.
132
31,057
0.6
1.5
0.4
2.0
2.4
0.0
41
Adani Ports and Special Economic Zone Ltd.
414
30,066
0.6
1.3
0.3
1.3
-3.5
0.0
42
Hindalco Industries Ltd.
225
29,219
0.6
1.1
0.3
2.1
6.5
0.0
43
Tata Motors Ltd.
577
28,911
0.6
1.9
0.2
1.4
-9.1
0.0
44
JSW Steel Ltd.
242
26,553
0.5
1.5
0.4
2.2
14.7
0.0
45
Vedanta Ltd.
372
26,338
0.5
1.5
0.3
2.0
-2.5
0.0
46
Cipla Ltd.
161
23,697
0.5
0.6
0.1
1.6
-0.0
0.0
47
Bharti Infratel Ltd.
1,850
23,508
0.5
0.5
0.0
5.8
45.7
0.0
48
GAIL (India) Ltd.
4,510
23,309
0.5
1.0
0.2
2.0
-8.2
0.0
49
Zee Entertainment Enterprises Ltd.
96
18,014
0.4
0.8
0.0
6.3
12.5
0.0
50
Yes Bank Ltd.
510
14,283
0.3
1.8
0.1
3.6
-3.0
0.1
Clearly, in both the indices the domination is of the financials and the banks. Private banks have the highest weightage followed by other sectors like oil & gas as well as IT and auto. With auto stocks correcting sharply in the last few days, the focus is clearly on the other sectors. Auto capital weightage has gone down sharply in the last few years. However, these indices are subject to change from time. In fact, only 7 out of the original Sensex stocks are still around after a full 40 years.