Curious About Which NIFTY Sectoral Index Leads by Market Capitalisation?

Here’s a breakdown of the top 5 NIFTY Sectoral Indices by market capitalization, their performance, and key insights:

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➤ 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%

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➤ 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%

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➤ 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%

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➤ 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%

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➤ 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%

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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

The content provided is for educational purposes only and does not constitute financial advice. For full details, refer to the disclaimer document.