Bank Nifty Weightage In Nifty 50

Nse has made the following changes in the composition of nifty 50 index effective from march 27 2020.

Bank nifty weightage in nifty 50.

5 40 bandhan bank ltd. Tata consultancy services ltd. Beta nifty 50 fundamentals dividend yield 2 46 p e 28 05 0 43 p b 1 year performance comparison of sector indices company s name weight top constituents by weightage hdfc bank ltd. The nifty fifty was a group of 50 large cap stocks on the new york stock exchange in the 1960s and 1970s characterized by their consistent earnings growth and high p e ratios.

18 63 kotak mahindra bank ltd. 14 47 state bank of india 10 40 indusind bank ltd. Over the last decade while sectoral weight age has remained largely similar the constituent companies have constantly changed. Here is a breakdown of the 50 companies which constitute the nifty 50.

Hdfc bank has the highest weightage having 11 21 weightage in nifty 50 stocks companies list 2020 whereas reliance weight in nifty 50 reliance industries ltd. Nifty 50 is ideal for derivatives trading. 28 04 icici bank ltd. Nifty 50 index is computed using free float market capitalization method.

We would like to show you a description here but the site won t allow us. Bank nifty index is most active the index traded on nse based on the prices of 12 banks below are the stocks along with their weightage. Download nifty 50 the torch bearer of indian equities market for last 25 years white paper by nse indices. Pushed to second place having 11 17 weightage housing development finance corporation hdfc is on third spot having 7 23 in nifty 50 companies list 2020 based on closing prices of november 2020.

15 94 axis bank ltd. Impact cost of the nifty 50 for a portfolio size of rs 50 lakhs is 0 02 for the month march 2019. My last article was about the weight of stocks in nse nifty index in this article i will tell the weight of stocks in the bank nifty index. From june 26 2009 nifty 50 is computed based on free float methodology.

You are right that re balancing is done once in 6 months because nse reviews the structure of nifty and bank nifty as no single stock can have more than 15 share in nifty 50 and 33 share in bank nifty and not more than 62 of top three shares in bank nifty. In between 6 months these weightage can increase from the prescribed limits. The nifty 50 index is a well diversified 50 companies index reflecting overall market conditions.