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Indian Nifty is the part and parcel of a Day Traders Chest of Tools.
Without looking at the Indian Nifty charts early morning, trading wouldn’t start.
Any me a full time trader and Nifty Options trader, cannot any day go without an Indian nifty chart.
I do an analysis of the Indian Nifty Trend using multiple indicators using the following:
- SGX Nifty Trend
- Global Markets Trend
- Technical Analysis
I usually trade in Nifty Options or Futures. To write Options or Futures, we need Nifty Futures Margin.
Due to the trending pattern, I trade Nifty Futures from 9:30 to 11:30 AM and 1:30 to 3:30 PM.
I like to scalp in between during the sideways market, which I teach in my options trading course.
Without further ado, let’s jump into learning everything about CNX Nifty.
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MUST READ: The Basics of Stock Market for Beginners Book
Indian Nifty Start Date:
Nifty 50 started trading on the National Stock Exchange on the day of 22nd April 1996.
Indian Nifty Chart:
Indian Nifty Companies and its weightage in the Index:
Nifty was previously traded at the full market capitalization method.
However, on 26th June 2009, the free float methodology came into existence.
Full market capitalization means the full amount of shares of the company is calculated on market value. After this parameter, Nifty was weighted earlier.
Now free-float capitalization means, only the company shares are available for public trading. This is what is considered for market capitalization for the weightage calculation of Nifty.
| Sl.No. | Company Name | Sector | Weightage in Nifty |
| 1 | Reliance Industries Ltd. | Petroleum Products | 10.20% |
| 2 | HDFC Bank Ltd. | Banks | 9.73% |
| 3 | Infosys Limited | Software | 7.94% |
| 4 | Housing Development Fin. Corp. Ltd.£ | Finance | 6.89% |
| 5 | ICICI Bank Ltd. | Banks | 6.57% |
| 6 | Tata Consultancy Services Ltd. | Software | 4.97% |
| 7 | Kotak Mahindra Bank Limited | Banks | 4.06% |
| 8 | Hindustan Unilever Ltd. | Consumer Non Durables | 3.32% |
| 9 | Axis Bank Ltd. | Banks | 2.84% |
| 10 | ITC Ltd. | Consumer Non Durables | 2.80% |
| 11 | Larsen and Toubro Ltd. | Construction Project | 2.56% |
| 12 | Bajaj Finance Ltd. | Finance | 2.29% |
| 13 | State Bank of India | Banks | 2.15% |
| 14 | Bharti Airtel Ltd. | Telecom – Services | 2.05% |
| 15 | Asian Paints Limited | Consumer Non Durables | 1.81% |
| 16 | HCL Technologies Ltd. | Software | 1.54% |
| 17 | Maruti Suzuki India Limited | Auto | 1.36% |
| 18 | Tata Steel Ltd. | Ferrous Metals | 1.27% |
| 19 | UltraTech Cement Limited | Cement & Cement Products | 1.15% |
| 20 | Wipro Ltd. | Software | 1.15% |
| 21 | Mahindra & Mahindra Ltd. | Auto | 1.14% |
| 22 | Sun Pharmaceutical Industries Ltd. | Pharmaceuticals | 1.12% |
| 23 | JSW Steel Ltd. | Ferrous Metals | 1.10% |
| 24 | Bajaj Finserv Ltd. | Insurance | 1.06% |
| 25 | Dr Reddys Laboratories Ltd. | Pharmaceuticals | 0.99% |
| 26 | Titan Company Ltd. | Consumer Durables | 0.98% |
| 27 | Tech Mahindra Ltd. | Software | 0.94% |
| 28 | Nestle India Ltd. | Consumer Non Durables | 0.92% |
| 29 | Power Grid Corporation of India Ltd. | Power | 0.89% |
| 30 | HDFC Life Insurance Company Limited | Insurance | 0.87% |
| 31 | Grasim Industries Ltd. | Cement & Cement Products | 0.85% |
| 32 | Adani Ports & Special Economic Zone | Transportation | 0.84% |
| 33 | Hindalco Industries Ltd. | Non – Ferrous Metals | 0.84% |
| 34 | Indusind Bank Ltd. | Banks | 0.83% |
| 35 | Tata Motors Ltd. | Auto | 0.83% |
| 36 | Divis Laboratories Ltd. | Pharmaceuticals | 0.82% |
| 37 | Bajaj Auto Limited | Auto | 0.79% |
| 38 | NTPC Limited | Power | 0.77% |
| 39 | Cipla Ltd. | Pharmaceuticals | 0.73% |
| 40 | Britannia Industries Ltd. | Consumer Non Durables | 0.64% |
| 41 | Tata Consumer Products Limited | Consumer Non Durables | 0.63% |
| 42 | Bharat Petroleum Corporation Ltd. | Petroleum Products | 0.62% |
| 43 | Oil & Natural Gas Corporation Ltd. | Oil | 0.62% |
| 44 | Shree Cement Ltd. | Cement & Cement Products | 0.59% |
| 45 | Hero MotoCorp Ltd. | Auto | 0.58% |
| 46 | SBI Life Insurance Company Ltd. | Insurance | 0.57% |
| 47 | Eicher Motors Ltd. | Auto | 0.53% |
| 48 | UPL Ltd. | Pesticides | 0.53% |
| 49 | Coal India Ltd. | Minerals/Mining | 0.44% |
| 50 | Indian Oil Corporation Ltd. | Petroleum Products | 0.37% |
MUST READ: The Basics of Stock Market for Beginners Book
Nifty Next 50 Index and its list of stocks:
As though Nifty wasn’t enough, the SEBI board decided to create more of the indexes.
There comes the next 50 best stocks in Indian economy.
As the name suggests Nifty next 50 which was also called as Nifty junior previously has stocks exclusive to Nifty.
None of the Nifty 50 stocks are included in the Nifty Next 50 index.
Here are the list of stocks of Nifty Next 50 index:
| List of Stocks |
| LIC of India |
| Hindustan Aeronautics |
| Siemens |
| Adani Green Energy |
| Avenue Supermarts DMart |
| Adani Power |
| Indian Oil Corporation |
| Zomato |
| DLF |
| Jio Financial Services |
| IRFC |
| Varun Beverages |
| Vedanta |
| ABB |
| Interglobe Aviation |
| LTI Mindtree |
| Pidilite Industries |
| Divis Laboratories |
| Power Finance Corporation |
| GAIL |
| Tata Power |
| Samvardhana Motherson International |
| Rural Electrification Corporation |
| Ambuja Cements |
| Godrej Consumer Products |
| TVS Motors |
| Bank of Baroda |
| Adani Energy Solutions |
| Cholamandalam Investment |
| Punjab National Bank |
| JSW Energy |
| Torrent Pharmaceuticals |
| Havells |
| Macrotech Developers |
| Bajaj Holdings & Investments |
| United Spirits |
| Bosch |
| ICICI Prudential Life Insurance |
| Info Edge |
| Zydus Life Science |
| Dabur |
| ICICI Lombard General Insurance |
| Jindal Steel |
| Canara Bank |
| Bharat Heavy Electricals |
| Shree Cement |
| Union Bank of India |
| NHPC |
| Adani Total Gas |
| IRCTC |
Nifty Midcap and list of stocks:
See if nifty rises or falls, if Nifty Midcap falls, your portfolio is almost guaranteed to fall.
Because any portfolio that is created has more of midcap and small-cap stocks.
Midcap stocks are the companies that have a market cap of 5000 crores to 20000 crores of market cap.
Nifty midcap is the culmination of the best 100 stocks in midcap stocks category.
Here is the list of Nifty Midcap stocks:
| ACC Ltd |
| Apollo Tyres Ltd |
| Ashok Leyland Ltd |
| Balkrishna Industries Ltd |
| Bharat Forge Ltd |
| Exide Industries Ltd |
| Colgate-Palmolive (India) Ltd |
| CG Power & Industrial Solutions Ltd |
| Escorts Kubota Ltd |
| Indian Hotels Co Ltd |
| Cummins India Ltd |
| Max Financial Services Ltd |
| MRF Ltd |
| SRF Ltd |
| Sundaram Finance Ltd |
| Supreme Industries Ltd |
| Tata Chemicals Ltd |
| Voltas Ltd |
| Patanjali Foods Ltd |
| Tata Communications Ltd |
| Steel Authority of India Ltd |
| Fertilizers & Chemicals Travancore Ltd |
| NLC India Ltd |
| Hindustan Petroleum Corporation Ltd |
| Hindustan Zinc Ltd |
| Tata Elxsi Ltd |
| UPL Ltd |
| Mangalore Refinery And Petrochemicals Ltd |
| P I Industries Ltd |
| Lupin Ltd |
| Mphasis Ltd |
| Federal Bank Ltd |
| LIC Housing Finance Ltd |
| Aurobindo Pharma Ltd |
| Poonawalla Fincorp Ltd |
| IDBI Bank Ltd |
| Oil India Ltd |
| Bank of Maharashtra |
| Bank of India |
| Cochin Shipyard Ltd |
| Indian Overseas Bank |
| Indian Bank |
| Phoenix Mills Ltd |
| NMDC Ltd |
| SJVN Ltd |
| Housing & Urban Development Corporation Ltd |
| APL Apollo Tubes Ltd |
| Page Industries Ltd |
| Marico Ltd |
| Container Corporation Of India Ltd |
| Mazagon Dock Shipbuilders Ltd |
| Oracle Financial Services Software Ltd |
| Prestige Estates Projects Ltd |
| Suzlon Energy Ltd |
| Jubilant Foodworks Ltd |
| Biocon Ltd |
| Bharti Hexacom Ltd |
| Indian Renewable Energy Development Agency Ltd |
| Godrej Properties Ltd |
| Mahindra & Mahindra Financial Services Ltd |
| Bharat Dynamics Ltd |
| Persistent Systems Ltd |
| Tata Technologies Ltd |
| Sona BLW Precision Forgings Ltd |
| Torrent Power Ltd |
| Alkem Laboratories Ltd |
| Petronet LNG Ltd |
| SBI Cards & Payment Services Ltd |
| Indraprastha Gas Ltd |
| BSE Ltd |
| HDFC Asset Management Company Ltd |
| Max Healthcare Institute Ltd |
| GMR Airports Infrastructure Ltd |
| Vodafone Idea Ltd |
| Muthoot Finance Ltd |
| Coforge Ltd |
| Yes Bank Ltd |
| Solar Industries India Ltd |
| Polycab India Ltd |
| Rail Vikas Nigam Ltd |
| Astral Ltd |
| IRB Infrastructure Developers Ltd |
| AU Small Finance Bank Ltd |
| Dixon Technologies (India) Ltd |
| Oberoi Realty Ltd |
| Mankind Pharma Ltd |
| One 97 Communications Ltd |
| Indus Towers Ltd |
| Aditya Birla Capital Ltd |
| Aditya Birla Fashion & Retail Ltd |
| Tube Investments of India Ltd |
| L&T Finance Ltd |
| PB Fintech Ltd |
| Kalyan Jewellers India Ltd |
| JSW Infrastructure Ltd |
| IDFC First Bank Ltd |
| Bandhan Bank Ltd |
| Delhivery Ltd |
| KPIT Technologies Ltd |
| FSN E-Commerce Ventures Ltd |
Nifty Bank and the list of stocks:
Unlike other indexes like Nifty which has 50 stocks and Nifty Midcap which has 100 stocks, Nifty Bank has very less amount of stocks.
Nifty Bank only has 12 stocks listed in the index.
These list of stocks in Nifty Bank are powerful banks with great market cap.
Here are the list of stocks in Nifty Bank index:
| State Bank of India |
| Kotak Mahindra Bank Ltd |
| Federal Bank Ltd |
| HDFC Bank Ltd |
| ICICI Bank Ltd |
| Bank of Baroda |
| Canara Bank |
| IndusInd Bank Ltd |
| Axis Bank Ltd |
| Punjab National Bank |
| AU Small Finance Bank Ltd |
| IDFC First Bank Ltd |
Indian Nifty Prediction:
Chart by ChartInk
As a result of Fibonacci retracement, Indian Nifty prediction is to reach the level of 15901 in upcoming sessions.
Fibonacci retracement is the ultimate tool to find future highs and targets in the market.
With about 55% of technical analysts use Fibonacci retracement for the predictions, which makes it so accurate.
As a result, its accuracy is sharp as a tack.
How did I predict it, read yourself, the Fibonacci retracement vs Fibonacci extension blog post.
Indian Nifty Trend:
The nifty trend is predicted based on higher highs and higher lows.
The EMAs make way to higher highs as it’s a leading indicator, unlike SMA.
Since the nifty is continuously clocking higher highs and higher lows, the Nifty trend is UP.
Also, look at the trend line drawn in the chart, it is sure shot Up as of Now!
Highest Points Achieved By Indian Nifty:
Nifty has the highest run of 2344.9 points in 2017.
Nifty is currently at an all-time lifetime high of 25000.
Year on year to date, Nifty has achieved a gain of ~28%.
Usually, 28% was not even achieved in a couple of years, but this year, it’s been a mad rush to go up, but here it is, index has its bullish stance now.
MUST READ: The Basics of Stock Market for Beginners Book
Why is Nifty the Most Traded on Stock Exchanges?
The index is the culmination of all the company weightage.
Though multiple companies are connected to Nifty, Nifty is the most easily predictable.
As a result of this, Nifty is more user-friendly to trade in futures as well as options.
Also, Nifty is the most traded because its liquidity is the highest.
At any point in time, you can buy or sell the futures or options, without the least doubt will it sell at that price.
Considering all these Nifty is the highest traded on stock exchanges.
MUST READ: The Basics of Stock Market for Beginners Book
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Happy Trading and Happy Money Making!