# Nifty 50 stocks with weights for June 2020

Published: July 18, 2020 at 7:09 pm

Last Updated on September 12, 2020

Nifty 50 stocks with index weightage and market capitalization is tabulated for June 2020. These 50 out of the 1600 companies traded on the NSErepresenting 65% its float-adjusted market capitalization. The index started trading in April 1996.

To be included in the Nifty, a stock must have an impact cost of less than 0.5% during the last six months for 90% of the observations for a portfolio of Rs. 10 crores. This means that large quantities of stocks can be bought or sold without too much disparity between buying and asking price. This is a good way to measure market liquidity.

Thus the 50 stocks of Nifty represent the most liquid stocks on the NSE weights as per their free-float market capitalization. The base date is November 3, 1995 (1st anniversary of the NSE) and the base value is 1000 with a base capital of Rs 2.06 trillion.

## NIfty 50 Calculation

From 26th 2009, the index was created using float-adjusted market capitalization-weighted method. This is computed by multiplying the market capitalization with an investible weight factor (IWF). The IWF is measure of shares that are freely available for trading.

IWF = [Total Shares– (A+B +C +D +E +F)] /Total Shares

where:

• A= Shareholding of promoter and promoter group
• B= Government holding in the capacity of a strategic investor
• C= Shares held by promoters through ADR/GDRs.
• D= Equity held by associate/group companies (cross-holdings)
• E= Employee Welfare Trusts
• F= Shares under lock-in category

Market Capitalization = Shares outstanding X Price
Free Float Market Capitalization = Market Capitalization X IWF

The level of the Index reflects the total market value of all the stocks in the Index relative to the base period November 3, 1995
Index Value = (Current Market Value / Base Market Capital )* Base Index Value

Here: Base Market Capital: Rs 2.06 trillion and Base Index Value: 1000

Stocks with the highest free-float market cap have the highest weight in the index.

Index Level= SUM of (Price ×Free Float Market Capitalization)​/Divisor

The SUM is carried out over all the 50 stocks. The divisor is proprietary to the NSE tacking corporate actions into account and changes each time a stock is replaced.

## Nifty Sector weights (%) June 2020

1. Financial services 34.38
2. Oil & gas 14.76
3. It 14.17
4. Consumer goods 13.46
5. Automobile 5.52
6. Telecom 3.53
7. Pharma 3.03
8. Construction 2.66
9. Metals 2.58
10. Cement & cement products 2.31
11. Power 2.10
12. Services 0.60
13. Fertilisers & pesticides 0.54
14. Media & Entertainment 0.36

## Nifty 50 stocks with weights for June 2020

 Security Name Industry Market capitalization. Rs. (Crores) Weightage (%) Adani Ports and Special Economic Zone Ltd. SERVICES 25853 0.60 Asian Paints Ltd. CONSUMER GOODS 76074 1.75 Axis Bank Ltd. FINANCIAL SERVICES 91804 2.12 Bajaj Auto Ltd. AUTOMOBILE 36799 0.85 Bajaj Finance Ltd. FINANCIAL SERVICES 74949 1.73 Bajaj Finserv Ltd. FINANCIAL SERVICES 35347 0.81 Bharat Petroleum Corporation Ltd. OIL & GAS 30018 0.69 Bharti Airtel Ltd. TELECOM 134389 3.10 Bharti Infratel Ltd. TELECOM 18846 0.43 Britannia Industries Ltd. CONSUMER GOODS 42463 0.98 Cipla Ltd. PHARMA 32522 0.75 Coal India Ltd. METALS 27836 0.64 Dr. Reddy’s Laboratories Ltd. PHARMA 47854 1.10 Eicher Motors Ltd. AUTOMOBILE 25531 0.59 GAIL (India) Ltd. OIL & GAS 18889 0.44 Grasim Industries Ltd. CEMENT & CEMENT PRODUCTS 24458 0.56 HCL Technologies Ltd. IT 60444 1.39 HDFC Bank Ltd. FINANCIAL SERVICES 461960 10.65 Hero MotoCorp Ltd. AUTOMOBILE 33067 0.76 Hindalco Industries Ltd. METALS 21346 0.49 Hindustan Unilever Ltd. CONSUMER GOODS 194637 4.49 Housing Development Finance Corporation Ltd. FINANCIAL SERVICES 303488 6.99 ICICI Bank Ltd. FINANCIAL SERVICES 227586 5.25 ITC Ltd. CONSUMER GOODS 169880 3.92 Indian Oil Corporation Ltd. OIL & GAS 21694 0.50 IndusInd Bank Ltd. FINANCIAL SERVICES 28649 0.66 Infosys Ltd. IT 269566 6.21 JSW Steel Ltd. METALS 19223 0.44 Kotak Mahindra Bank Ltd. FINANCIAL SERVICES 199213 4.59 Larsen & Toubro Ltd. CONSTRUCTION 115264 2.66 Mahindra & Mahindra Ltd. AUTOMOBILE 48887 1.13 Maruti Suzuki India Ltd. AUTOMOBILE 77600 1.79 NTPC Ltd. POWER 46447 1.07 Nestle India Ltd. CONSUMER GOODS 61268 1.41 Oil & Natural Gas Corporation Ltd. OIL & GAS 29679 0.68 Power Grid Corporation of India Ltd. POWER 44822 1.03 Reliance Industries Ltd. OIL & GAS 540149 12.45 Shree Cement Ltd. CEMENT & CEMENT PRODUCTS 30773 0.71 State Bank of India FINANCIAL SERVICES 68482 1.58 Sun Pharmaceutical Industries Ltd. PHARMA 51064 1.18 Tata Consultancy Services Ltd. IT 218765 5.04 Tata Motors Ltd. AUTOMOBILE 17603 0.41 Tata Steel Ltd. METALS 24290 0.56 Tech Mahindra Ltd. IT 33598 0.77 Titan Company Ltd. CONSUMER GOODS 39633 0.91 UPL Ltd. FERTILISERS & PESTICIDES 23391 0.54 UltraTech Cement Ltd. CEMENT & CEMENT PRODUCTS 44951 1.04 Vedanta Ltd. METALS 19380 0.45 Wipro Ltd. IT 32635 0.75 Zee Entertainment Enterprises Ltd. MEDIA & ENTERTAINMENT 15613 0.36

Source: NSE monthly reports

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