Nifty 50 Companies List 2023: Stock Weightage & Sector

Nifty 50 is a well-diversified index that represents the top 50 companies listed on the National Stock Exchange (NSE). The Nifty 50 index is widely regarded as a benchmark for the performance of the Indian stock market and is used by investors and traders to gauge the overall market sentiment.

The Nifty 50 index was introduced on April 22, 1996, and is owned and managed by NSE Indices (previously known as India Index Services and Products Limited (IISL), a subsidiary of NSE.

The nifty index is market capitalization-weighted, meaning that the weightage of each stock in the index is determined based on free-float market capitalization.

Nifty 50 Sector Weightage List 2023

The Nifty 50 index includes companies from 14 different sectors to ensure that the index represents the overall performance of the Indian economy.

The financial services sector holds the highest weightage in the index.

Nifty 50 sectorwise weightage
Financial Services38.44%
Information Technology 12.74%
Oil, Gas & Consumable Fuels12.15%
Fast Moving Consumer Goods9.73%
Automobile and Auto Components 5.52%
Metals & Mining3.43%
Consumer Durables 3.04%
Construction Materials1.90%

You may like to read how to invest in nifty 50 in India

Nifty 50 Companies with Weightage List 2023

In the Nifty 50 index, each stock holds a different weightage based on its free-float market capitalization. 

Free-float market capitalization refers to the total market value of a company’s shares that are available for trading in the market. The larger the free float market cap, higher will be the weightage. 

In NSE Nifty 50, Reliance has the largest weightage of 10.32% in the index because they have the highest free float market capitalization. 

As of 28th April, 2023 the Nifty 50 companies with their respective weightages are:

Company NameStock SymbolSectorWeightage (%)
Reliance Industries Ltd.RELIANCEOil Gas & Consumable Fuels10.32
HDFC Bank Ltd.HDFCBANKFinancial Services9.38
ICICI Bank Ltd.ICICIBANKFinancial Services8.08
Housing Development Finance Corporation Ltd.HDFCFinancial Services6.34
Infosys Ltd.INFYInformation Technology5.63
ITC Ltd.ITCFast-Moving Consumer Goods4.73
Tata Consultancy Services Ltd.TCSInformation Technology4.16
Larsen & Toubro Ltd.LTConstruction3.6
Kotak Mahindra Bank Ltd.KOTAKBANKFinancial Services3.59
Axis Bank Ltd.AXISBANKFinancial Services2.97
Hindustan Unilever Ltd.HINDUNILVRFast-Moving Consumer Goods2.77
Bharti Airtel Ltd.BHARTIARTLTelecommunication2.47
Bajaj Finance Ltd.BAJFINANCEFinancial Services2.11
State Bank of IndiaSBINFinancial Services2.08
Asian Paints Ltd.ASIANPAINTConsumer Durables1.65
Maruti Suzuki India Ltd.MARUTIAutomobile and Auto Components1.44
HCL Technologies Ltd.HCLTECHInformation Technology1.42
Titan Company Ltd.TITANConsumer Durables1.39
Mahindra & Mahindra Ltd.M&MAutomobile and Auto Components1.38
Sun Pharmaceutical Industries Ltd.SUNPHARMAHealthcare1.34
UltraTech Cement Ltd.ULTRACEMCOConstruction Materials1.1
Tata Steel Ltd.TATASTEELMetals & Mining1.1
Tata Motors Ltd.TATAMOTORSAutomobile and Auto Components1.08
NTPC Ltd.NTPCPower1.03
Power Grid Corporation of India Ltd.POWERGRIDPower1.02
Nestle India Ltd.NESTLEINDFast-Moving Consumer Goods0.98
IndusInd Bank Ltd.INDUSINDBKFinancial Services0.95
Bajaj Finserv Ltd.BAJAJFINSVFinancial Services0.92
JSW Steel Ltd.JSWSTEELMetals & Mining0.86
Tech Mahindra Ltd.TECHMInformation Technology0.8
Grasim Industries Ltd.GRASIMConstruction Materials0.8
Hindalco Industries Ltd.HINDALCOMetals & Mining0.8
Oil & Natural Gas Corporation Ltd.ONGCOil Gas & Consumable Fuels0.78
Dr. Reddy’s Laboratories Ltd.DRREDDYHealthcare0.76
Wipro Ltd.WIPROInformation Technology0.72
Britannia Industries Ltd.BRITANNIAFast-Moving Consumer Goods0.68
HDFC Life Insurance Company Ltd.HDFCLIFEFinancial Services0.66
Adani Enterprises Ltd.ADANIENTMetals & Mining0.66
SBI Life Insurance Company Ltd.SBILIFEFinancial Services0.65
Adani Ports and Special Economic Zone Ltd.ADANIPORTSServices0.65
Bajaj Auto Ltd.BAJAJ-AUTOAutomobile and Auto Components0.63
Coal India Ltd.COALINDIAOil Gas & Consumable Fuels0.62
Cipla Ltd.CIPLAHealthcare0.6
Apollo Hospitals Enterprise Ltd.APOLLOHOSPHealthcare0.57
Tata Consumer Products Ltd.TATACONSUMFast-Moving Consumer Goods0.57
Eicher Motors Ltd.EICHERMOTAutomobile and Auto Components0.57
Divi’s Laboratories Ltd.DIVISLABHealthcare0.52
UPL Ltd.UPLChemicals0.48
Bharat Petroleum Corporation Ltd.BPCLOil Gas & Consumable Fuels0.43
Hero MotoCorp Ltd.HEROMOTOCOAutomobile and Auto Components0.42

You can learn how to read Japanese candle stick chart to invest in nifty 50.


Which Nifty stock has the highest weightage?

In the Nifty 50 index, Reliance Industries Ltd. holds the highest weightage among the constituents of 50 stocks, with a weightage of 10.32% in 2023.

Can I start SIP to invest in nifty 50?

Yes, you can start SIP with a small amount to invest in the Nifty 50. SIP allows you to invest a fixed amount at regular intervals.

How often is Nifty 50 rebalanced?

The Nifty 50 index is rebalanced semi-annually, which means it is reviewed and adjusted twice a year. The cut-off dates for rebalance purposes are 31 January and 31 July of each year.

The rebalancing process involves reviewing the constituent stocks and their weightages in the index to reflect any changes in market conditions or company performances.

Which sector has the maximum weightage in Nifty 50?

The Financial Services sector holds the highest weightage in the Nifty 50 index, accounting for 38.44% of the index composition.

How many companies are in the Nifty 50 Index?

Nifty 50 index consists of top performing 50 companies selected on the basis of its free-float market capitalization.

Can I invest in Nifty 50?

Yes, you can invest in Nifty 50 through ETFs and mutual funds.

About Rajan Dhawan

Rajan has covered personal finance and investing for over 5 years. Previously, he was in the IT field for 8 years after completing his MCA but his deep interest in personal finance led him to become an investing expert. He is passionate about investing, stocks, startups, and cryptos.

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