10 Best Nifty Index Stocks: Benchmark Your Portfolio

By | October 4, 2018

Are you aware of Nifty stocks that are responsible to move the market? Well, Nifty constitutes 50 best stocks that shake Dalal Street.

It is an index developed by NSE having top 50 stocks from diverse sectors. Nifty50 lets you know the overall market conditions. You can use Nifty50 as a benchmark as compared to your fund portfolio.

Presently, P/E ratio of Nifty50 is around 26.44 and it has yielded a dividend of 1.23.

Read Also: Top 10 High Dividend Paying Stocks In India To Invest

Constituents of Nifty 50 – Sectorwise Weightage (%)

Sector-wise, Financial and Energy stocks have contributed around 34.65% and 15.87% respectively. The third highest contribution is done by IT and Consumable stocks.




Other major constitutes of Nifty50 are Automobile, Metals, Construction, and Pharma. Moreover, Cement & Cement products and Telecom sectors also contributed above 1.5%.

More investment Ideas: 5 Top Pharma Stocks To Invest in India – 2018

However, Services, Media & Entertainment, and Fertilizers sectors have the least contribution in Nifty50.

 

Nifty50 Sector Weightage (%)

Constituents of the Nifty index has top 50 stocks. However, I have listed 10 best stocks which are the major contributor in Nifty50. These stocks are giants and only a fraction of movement leads the markets to move up or down.

You may find them in any fund portfolio. Moreover, from fund managers to FII’s, HNI investors to Big Bulls of stock market own them.

Now, the question is why people own them as there are other thousands of stocks listed in stock markets.

The reason is very simple and if you are a retail investor then you can hold them without any worries. You can hold them for long-term to get most out of it.

You may be amazed by the facts that how much these stocks have returned over the years. So, if you get an opportunity, just brag them instantly.

Always remember, that markets are always bullish in the long run. However, it may be bearish for short-term. So, focus on owning good and fundamentally strong stocks.

Read more: 10 High Beta Stocks Lets You Make Money Insanely

Nifty50 Lifetime Price Movement

Having said that, here is the 10 goldmine stocks of the Nifty50 index. If you haven’t owned them, then start accumulating on dips.

Reliance Industries Ltd.

Reliance Industries Limited is the king of Nifty50 and Sensex index. At the time of writing this post, it contributes 9.89% to Nifty. It belongs to Energy – Oil & Gas sector.

HDFC Bank Ltd.

HDFC Bank Limited is yet another giant that contributes 9.88% to Nifty50. It is a banking stock and eats maximum pie in the BankNifty index as well.

Housing Development Finance Corporation

Housing Development Finance Corporation or HDFC contributes 6.55%. It belongs to Financial Services like loans.

Infosys Ltd.

Infosys is one of the top IT giants that contributes 6.37%.

I T C Ltd.

ITC is Consumer Goods stock that contributes 5.85% in the Nifty50 index.

Tata Consultancy Services Ltd.

Tata Consultancy is another counter from Information Technology sector. It has 5.38% of contribution in the index.

ICICI Bank Ltd. 4.51%

ICICI Bank constitutes 4.51% in the index and is one of the largest private sector banks.



Larsen & Toubro Ltd. 3.60%

Larsen & Toubro or LT is a Construction and Engineering company that contributes 3.60% to Nifty50.

Kotak Mahindra Bank Ltd. 3.50%

Kotak Mahindra Bank is another growth-oriented private bank. It has 3.50% of share in Nifty index.

Hindustan Unilever Ltd. 2.64%

You may find Hindustan Unilever or HLL products on your kitchen shelf. You may wonder that HLL is using maximum space in your kitchen as well. It has a 2.64% contribution in the Nifty index.

Other Contributors to Nifty

You can also invest in other 40 stocks of Nifty50 instead of above 10 major Nifty contributors. NSE keep changes the list and update it time to time. So, you need to keep an eye on these changes and shuffle your portfolio accordingly.

The stock market is dynamic in nature and so you must adopt any changes quickly. Here are the other constitutes of Nifty50 that you may consider to invest.

Invest wisely: 5 Top Expensive Stocks In Indian Stock Markets

Sl No Company Name Sector
1 Adani Ports & SEZ Limited Services – Shipping
2 Asian Paints Ltd Consumer Goods
3 Axis Bank Banking
4 Bajaj Auto Automobile
5 Bajaj Finance Financial Services
6 Bajaj Finserv Financial Services
7 Bharti Airtel Telecommunication
8 Bharti Infratel Infrastructure
9 BPCL Energy – Oil & Gas
10 Cipla Pharmaceuticals
11 Coal India Metals
12 Dr. Reddy’s Laboratories Pharmaceuticals
13 Eicher Motors Automobile
14 GAIL Energy – Oil & Gas
15 Grasim Industries Cement
16 HCL Technologies Information Technology
17 Hero MotoCorp Automobile
18 Hindalco Industries Metals
19 HPCL Energy – Oil & Gas
20 Indiabulls Housing Finance Financial Services
21 IndusInd Bank Banking
22 IOC Energy – Oil & Gas
23 JSW Steel Metals
24 Mahindra & Mahindra Automobile
25 Maruti Suzuki Automobile
26 NTPC Limited Energy – Power
27 ONGC Energy – Oil & Gas
28 PowerGrid Corporation of India Energy – Power
29 State Bank of India Banking
30 Sun Pharmaceutical Pharmaceuticals
31 Tata Motors Automobile
32 Tata Steel Metals
33 Tech Mahindra Information Technology
34 Titan Company Consumer Goods
35 UltraTech Cement Cement
36 United Phosphorus Limited Chemicals
37 Vedanta Metals
38 Wipro Information Technology
39 Yes Bank Banking
40 Zee Entertainment Enterprises Media & Entertainment

Conclusion

Before you invest or trade in any of the stocks mentioned here, please re-check the data and information. I update the information frequently and when required.

So, keep visiting or bookmark this post to get the updated info.

Like this post, then kindly share it on your social networks.

 

Published on: Oct 04, 2018

Category: Blogging Tags: ,

About Ratan Kumar

Ratan Kumar, an enthusiast stock market trader & blogger. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of stock market.

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