#NiftyCalculator #Thread Interesting Observations -
Top 5 stocks – Reliance, Infosys, HDFC Bank, ICICI Bank, HDFC, = 41.49% of Nifty.
Top 10 stocks constitute 58.39% of Nifty
Top 20 stocks constitute 77.07% of Nifty
HDFC Twins together constitutes 14.71% of Nifty
Top 5 stocks – Reliance, Infosys, HDFC Bank, ICICI Bank, HDFC, = 41.49% of Nifty.
Top 10 stocks constitute 58.39% of Nifty
Top 20 stocks constitute 77.07% of Nifty
HDFC Twins together constitutes 14.71% of Nifty
Reliance is the top weight at 10.77%, followed by HDFC Bank at 8.54%. 20% of the Index.
Reliance + HDFC Twins = 26.09% of Nifty (Hope you get why Nifty does not depict GDP. 26% of India GDP not equal to Reliance +HDFC)
Bottom 24 stocks have less than 1% weight
Reliance + HDFC Twins = 26.09% of Nifty (Hope you get why Nifty does not depict GDP. 26% of India GDP not equal to Reliance +HDFC)
Bottom 24 stocks have less than 1% weight
Sectoral Observations
Banks and Financials are now reduced to 35-36% from 37-38% a few months back. It has seen a bottom of 33.16 in July 2020.
Oil and Gas from 16.18% in July 2020 to 12.31%
Power at just 1.7%. After a long time Media at 0. Metals from 2.15 to 3.34%
Banks and Financials are now reduced to 35-36% from 37-38% a few months back. It has seen a bottom of 33.16 in July 2020.
Oil and Gas from 16.18% in July 2020 to 12.31%
Power at just 1.7%. After a long time Media at 0. Metals from 2.15 to 3.34%
IT weight increased from 14.48% in April 2020 to 19.09% in December 2021 (IT outperformance continues)
Automobile at 4.96%, near March 2020 levels
Pharma weights stable since last year at ~3.42%
Automobile at 4.96%, near March 2020 levels
Pharma weights stable since last year at ~3.42%
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