Nifty 50 stocks fall from 52 week high the LTP taken is 9th july price during market hours .
Thursday, July 09, 2020
Wednesday, July 08, 2020
Saturday, May 02, 2020
Nifty sectors Weightage
As we all know nifty is a index which contains 50 stocks.These stocks carry their weight in nifty .These stocks are from different sectors ,Many are from same sector.Lets segregate them according to their sectors to find out individual sector weight age in NIFTY.
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The above table shows weightage of diffrent sectors in Nifty. We can see the main drivers of nifty are
four sectors according to weightage BANKING ,IT ,FMCG and OIL&GAS.
The top 4,5 sectors in nifty have almost 80% weightage in nifty.
| Nifty heavyweight sectors | |
| Banking sector | 26.30% |
| IT Sector | 15.09% |
| FMCG Sector | 14.51% |
| Oil&gas Sector | 12.48% |
| Finance | 10.33% |
| Total | 78.71% |
Here if i club banking and finance we have a super heavyweight sector which has weight age of almost 37% .So the backbone of nifty is Banking and finance sector.Nifty cant move or fall for a long time time without favorable response from this sector. IT and FMCG are almost same weightage .So next time you try to figure out nifty trend or bias do go through the heavyweight sector stocks ,You would get good hints about it.
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