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NIFTY 50: What it means and the companies covered under this index

NIFTY 50: What it means and the companies covered under this index
Stock Market10 min read
Owned and managed by NSE, NIFTY 50 is the representative index on NSE (National Stock Exchange of India). NSE was formerly known as India Index Services & Products Limited (IISL), and it is the first-ever firm founded in the country to focus exclusively on index as the main product.

NIFTY 50 indexes was launched in April 1996. This index comprises 50 enterprises from among the 1600 companies that are listed on the NSE. By capturing about 65% of the market capitalization (float-adjusted), NIFTY 50 is the characteristic reflection of the country’s stock market.

In fact, renowned investors like Warren Buffett recommend index funds as the most advocated medium for investments for retail investors.

The position of NIFTY 50 members in the Indian stock market domain

In the world of investments, NIFTY 50 is no more the most popular large capital companies of the bygone days. This name today stands for the stock index on the National Stock Exchange of India (NSE).

Today, the NIFTY 50 index is diversified across 13 sectors of the nation’s Indian economy including automobiles, cement and cement products, construction, consumer goods, fertilizers and pesticides, financial services, information technology, media and entertainment, metals, oil and gas, pharmaceuticals, power, and telecommunications.

NIFTY 50 comprises 50 large capital stocks that are traded with the highest valuations in the Indian stock market domain.

List of Nifty 50 companies

Here is the full list of Nifty 50 companies as per the latest data.


Sl. No.

Name of the company

Symbol

Oil & Natural Gas Corporation Limited

ONGC

Tata Motors Limited

TATAMOTORS

Axis Bank Limited

AXISBANK

Indian Oil Corporation Limited

IOC

SBI Life Insurance Company Limited

SBILIFE

HDFC Life Insurance Company Limited

HDFCLIFE

Bajaj Auto Limited

BAJAJ-AUTO

State Bank of India

SBIN

GAIL (India) Limited

GAIL

ICICI Bank Limited

ICICIBANK

Hindalco Industries Limited

HINDALCO

Bharti Airtel Limited

BHARTIARTL

Housing Development Finance Corporation Limited

HDFC

HDFC Bank Limited

HDFCBANK

JSW Steel Limited

JSWSTEEL

NTPC Limited

NTPC

Kotak Mahindra Bank Limited

KOTAKBANK

Coal India Limited

COALINDIA

Bajaj Finance Limited

BAJFINANCE

Bharat Petroleum Corporation Limited

BPCL

Reliance Industries Limited

RELIANCE

Divi's Laboratories Limited

DIVISLAB

Tata Steel Limited

TATASTEEL

Adani Ports and Special Economic Zone Limited

ADANIPORTS

Hindustan Unilever Limited

HINDUNILVR

IndusInd Bank Limited

INDUSINDBK

Hero MotoCorp Limited

HEROMOTOCO

Bajaj Finserv Limited

BAJAJFINSV

UltraTech Cement Limited

ULTRACEMCO

Power Grid Corporation of India Limited

POWERGRID

Sun Pharmaceutical Industries Limited

SUNPHARMA

Titan Company Limited

TITAN

UPL Limited

UPL

Maruti Suzuki India Limited

MARUTI

ITC Limited

ITC

Eicher Motors Limited

EICHERMOT

Britannia Industries Limited

BRITANNIA

Larsen & Toubro Limited

LT

Tata Consultancy Services Limited

TCS

HCL Technologies Limited

HCLTECH

Cipla Limited

CIPLA

Tech Mahindra Limited

TECHM

Dr. Reddy's Laboratories Limited

DRREDDY

Asian Paints Limited

ASIANPAINT

Grasim Industries Limited

GRASIM

Shree cement limited

SHREECEM

Wipro Limited

WIPRO

Mahindra & Mahindra Limited

M&M

Nestle India Limited

NESTLEIND

Infosys Limited

INFY


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