Here’s a breakdown of the top 5 NIFTY Sectoral Indices by market capitalization, their performance, and key insights:
➤ Nifty Financial Services (FINNIFTY)
Market Cap: ₹54.2 lakh crores
Tracks: 20 financial service companies like BSE and CHOLAFIN.
Role: Reflects the financial health of the economy.
CAGR (5Yr): 9.19%
2024 Total Return: 10.5%
➤ Nifty Bank
Market Cap: ₹40.5 lakh crores
Tracks: 12 large-cap and liquid Indian banks such as HDFC Bank, Axis Bank, and SBI.
Role: Represents financial service stocks.
CAGR (5Yr): 8.96%
2024 Total Return: 6.2%
➤ Nifty IT
Market Cap: ₹36.2 lakh crores
Tracks: 10 major IT companies like TECHM, MPHASIS, and LTTS.
Role: Reflects the performance of the IT sector.
CAGR (5Yr): 20.8%
2024 Total Return: 24.4%
➤ Nifty FMCG
Market Cap: ₹23.3 lakh crores
Tracks: 15 major FMCG companies such as Dabur, ITC, and Marico.
Role: Key indicator of consumer products and sentiments.
CAGR (5Yr): 12.2%
2023 Total Return: 1.5%
➤ Nifty Auto
Market Cap: ₹20.7 lakh crores
Tracks: Top 15 auto companies such as TVSMOTOR and EXIDEIND.
Role: Acts as a proxy for consumer demand.
CAGR (5Yr): 22%
2024 Total Return: 23.5%
Note: The data presented may not match the exact numbers to the last decimal due to live market fluctuations at the time you check. Market movements are dynamic, and these numbers are always changing. 😊
Disclaimer
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