Thursday, 3 October 2019

What are the stocks that play a vital role in the movement of Nifty 100?

Nifty 100 comprises of 100 stocks, having different weightage in the index.
Top 10 stocks with maximum weightage are:
  1. HDFC Bank Ltd: 9.30%
  2. Reliance Industries Ltd : 8.26%
  3. HDFC Ltd. : 7.20%
  4. Infosys Ltd. : 5.98%
  5. ICICI Bank Ltd. : 5.11%
  6. TCS Ltd : 4.59%
  7. ITC Ltd. : 4.07%
  8. Kotak Mahindra Bank Ltd : 3.70%
  9. Larsen & Tuobro Ltd. : 3.17%
  10. Axis Bank Ltd. : 2.62%
These are weights assigned the stocks as on August 30, 2019, in the index.
These 10 stocks comprise of 54% of the the total Index value among 100 stocks, in all. It is be noted here, that, these are also the stocks which comprise of more than 65% value in the major benchmark Index NIFTY.
So, any major movement in these stocks, individually or cumulatively, can play a vital role in movement of Nifty 100 Index

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