Top 10 companies listed on Nifty 50 with market capitalisation: Why you should invest in Nifty? Key benefits
Here's a revised version of the list of the top 10 companies listed on NIFTY, with the market capitalization figures provided
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Here's a revised version of the list of the top 10 companies listed on NIFTY, with the market capitalization figures provided:
Reliance Industries Ltd. - Market Cap: ₹16,37,340 Cr
HDFC Bank Ltd - Market Cap: ₹9,45,359 Cr
ICICI Bank Ltd - Market Cap: ₹6,44,546 Cr
Infosys Ltd - Market Cap: ₹5,24,969 Cr
Housing Development Finance Corporation - Market Cap: ₹5,11,428 Cr
Tata Consultancy Services Ltd - Market Cap: ₹11,63,541 Cr
ITC Ltd. - Market Cap: ₹5,30,862 Cr
Larsen & Turbo Ltd - Market Cap: ₹3,31,173 Cr
Kotak Mahindra Bank Ltd - Market Cap: ₹3,84,113 Cr
Axis Bank Ltd - Market Cap: ₹2,64,645 Cr
Investing in NIFTY offers several advantages:
Diversification: NIFTY comprises 50 large-cap companies spanning various sectors, providing investors with diversification benefits that help mitigate overall portfolio risk.
Cost-effectiveness: Compared to purchasing individual stocks, investing in NIFTY is cost-effective. NIFTY index funds typically have lower management fees and transaction costs.
Liquidity: NIFTY is highly liquid, enabling investors to easily buy or sell shares without significantly impacting the index's price.
Transparency: NIFTY is transparent and well-regulated, offering investors complete information about the constituent companies and their weights within the index.
Performance: Historically, NIFTY has demonstrated robust long-term returns, making it an appealing option for investors seeking to meet their financial objectives.
Disclaimer: It's advisable to seek advice from certified experts to tailor strategies according to individual financial goals and risk tolerance.