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Here is the list of 50 companies that form part of S&P CNX Nifty Index: |
Here is the list of 50 companies that form part of S&P CNX Nifty Index as on 31st December 2011: |
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Revision as of 09:38, 23 February 2012
The S&P CNX Nifty [1] nicknamed Nifty 50 or simply Nifty is the leading index for large companies on the National Stock Exchange of India Limited. The S&P CNX Nifty is a well diversified 50 stock index accounting for 22 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds. Nifty is owned and managed by India Index Services and Products Ltd. (IISL), which is a joint venture between NSE and CRISIL. (IISL) is India's first specialized company focused upon the index as a core product. (IISL) has a marketing and licensing agreement with Standard & Poor's for co-branding equity indices.
S&P CNX Nifty has shaped up as the largest single financial product in India, with an ecosystem comprising: exchange traded funds (onshore and offshore), exchange-traded futures and options (at NSE in India and at SGX and CME abroad), other index funds and OTC derivatives (mostly offshore).
The S&P CNX Nifty covers 22 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The S&P CNX Nifty stocks represents about 67% of the free float market capitalization of the stocks listed at National Stock Exchange (NSE) as on December 30,2011.
The S&P CNX Nifty index is a free float market capitalisation weighted index. The index was initially calculated on full market capitalisation methodology. From June 26, 2009, the computation was changed to free float methodology.
The base period for the S&P CNX Nifty index is November 3, 1995, which marked the completion of one year of operations of NSE's Capital Market Segment. The base value of the index has been set at 1000, and a base capital of Rs 2.06 trillion [2].
The S&P CNX Nifty Index was developed by Ajay Shah and Susan Thomas.
Here is the list of 50 companies that form part of S&P CNX Nifty Index as on 31st December 2011:
| S.No. | Listed Company |
|---|---|
| 01 | ACC Ltd. |
| 02 | Ambuja Cements Ltd. |
| 03 | Axis Bank Ltd. |
| 04 | Bajaj Auto Ltd. |
| 05 | Bharat Heavy Electricals Ltd. |
| 06 | Bharat Petroleum Corporation Ltd. |
| 07 | Bharti Airtel Ltd. |
| 08 | Cairn India Ltd. |
| 09 | Cipla Ltd. |
| 10 | Coal India Ltd. |
| 11 | DLF Ltd. |
| 12 | Dr. Reddy's Laboratories Ltd. |
| 13 | GAIL (India) Ltd. |
| 14 | Grasim Industries Ltd. |
| 15 | HCL Technologies Ltd. |
| 16 | HDFC Bank Ltd. |
| 17 | Hero MotoCorp Ltd. |
| 18 | Hindalco Industries Ltd. |
| 19 | Hindustan Unilever Ltd. |
| 20 | Housing Development Finance Corporation Ltd. |
| 21 | I T C Ltd. |
| 22 | ICICI Bank Ltd. |
| 23 | Infosys Ltd. |
| 24 | Infrastructure Development Finance Co. Ltd. |
| 25 | Jaiprakash Associates Ltd. |
| 26 | Jindal Steel & Power Ltd. |
| 27 | Kotak Mahindra Bank Ltd. |
| 28 | Larsen & Toubro Ltd. |
| 29 | Mahindra & Mahindra Ltd. |
| 30 | Maruti Suzuki India Ltd. |
| 31 | NTPC Ltd. |
| 32 | Oil & Natural Gas Corporation Ltd. |
| 33 | Power Grid Corporation of India Ltd. |
| 34 | Punjab National Bank |
| 35 | Ranbaxy Laboratories Ltd. |
| 36 | Reliance Communications Ltd. |
| 37 | Reliance Industries Ltd. |
| 38 | Reliance Infrastructure Ltd. |
| 39 | Reliance Power Ltd. |
| 40 | Sesa Goa Ltd. |
| 41 | Siemens Ltd. |
| 42 | State Bank of India |
| 43 | Steel Authority of India Ltd. |
| 44 | Sterlite Industries (India) Ltd. |
| 45 | Sun Pharmaceutical Industries Ltd. |
| 46 | Tata Consultancy Services Ltd. |
| 47 | Tata Motors Ltd. |
| 48 | Tata Power Co. Ltd. |
| 49 | Tata Steel Ltd. |
| 50 | Wipro Ltd. |
See also
References
External links