What is Nifty 50? Here are 50 Nifty stocks of 2023

Nifty 50, or simply Nifty, is a stock market index in India. It represents the performance of the National Stock Exchange of India's (NSE) 50 largest companies listed on the exchange. These companies span various sectors of the Indian economy, including banking, financial services, information technology, pharmaceuticals, energy, and more.

Nifty 50 is a diversified index that provides investors and market participants with a benchmark to assess the overall performance of the Indian stock market. The selection of companies in the Nifty 50 is based on various factors such as market capitalization, liquidity, and historical performance.

The Nifty 50 is widely used by investors, fund managers, and traders as a barometer for the Indian equity market. Changes in the Nifty 50 reflect shifts in the overall sentiment and health of the stock market. It is one of the most tracked and traded indices in India, and financial instruments like index funds and index futures are often based on the Nifty 50.

Company & Stock

HDFC Bank (HDFCBANK) 13.26% Financial Services

Reliance Industries (RELIANCE) 9.11% Oil & Gas

ICICI Bank (ICICIBANK) 7.42% Financial Services

Infosys (INFY) 5.89% Information Technology

ITC (ITC) 4.37% FMCG

Larsen & Toubro Ltd (L&T) 4.26% Construction

Tata Consultancy Services (TCS) 4.05% Information Technology

Axis Bank (AXISBANK) 3.38% Financial Services

Kotak Mahindra Bank (KOTAKBANK) 2.93% Financial Services

Bharti Airtel (BHARTIARTL) 2.90% Telecommunication

Hindustan Unilever (HINDUNILVR) 2.58% FMCG

State Bank of India (SBIN) 2.46% Financial Services

Bajaj Finance (BAJFINANCE) 2.15% Financial Services

Asian Paints (ASIANPAINT) 1.77% Consumer Durables

Mahindra & Mahindra (M&M) 1.67% Automobile

Titan Company (TITAN) 1.65% Consumer Durables

HCL Technologies (HCLTECH) 1.61% Information Technology

Maruti Suzuki India (MARUTI) 1.60% Automobile

Sun Pharma (SUNPHARMA) 1.50% Healthcare

NTPC (NTPC) 1.41% Power

Tata Motors (TATAMOTORS) 1.41% Automobile

Tata Steel (TATASTEEL) 1.18% Metals & Mining

UltraTech Cement (ULTRACEMCO) 1.18% Construction Materials

IndusInd Bank (INDUSINDBK) 1.08% Financial Services

Power Grid Corporation (POWERGRID) 1.08% Power

Bajaj Finserv (BAJAJFINSV) 1.03% Financial Services

Nestle India (NESTLEIND) 0.98% FMCG

Adani Enterprises (ADANIENT) 0.88% Metals & Mining

Coal India (COALINDIA) 0.88% Oil & Gas

Tech Mahindra (TECHM) 0.86% Information Technology

Oil & Natural Gas Corp. (ONGC) 0.86% Oil & Gas

Hindalco Industries (HINDALCO) 0.85% Metals & Mining

JSW Steel (JSWSTEEL) 0.84% Metals & Mining

Grasim Industries (GRASIM) 0.84% Construction Materials

HDFC Life Insurance Co. (HDFCLIFE) 0.84% Financial Services

Dr. Reddy's Laboratories (DRREDDY) 0.80% Healthcare

Bajaj Auto (BAJAJ-AUTO) 0.78% Automobile

Adani Ports and SEZ (ADANIPORTS) 0.75% Services

SBI Life Insurance Co. (SBILIFE) 0.73% Financial Services

Cipla (CIPLA) 0.72% Healthcare

Wipro (WIPRO) 0.66% Information Technology

Britannia Industries (BRITANNIA) 0.65% FMCG

Tata Consumer Products (TATACONSUM) 0.64% FMCG

Apollo Hospitals Enterprise (APOLLOHOSP) 0.63% Healthcare

Eicher Motors (EICHERMOT) 0.60% Automobile

LTIMindtree Ltd (LTIM) 0.58% Information Technology

Hero MotoCorp (HEROMOTOCO) 0.56% Automobile

Divi's Laboratories (DIVISLAB) 0.55% Healthcare

Bharat Petroleum Corp. (BPCL) 0.47% Oil & Gas

UPL (UPL) 0.33% Chemicals