Nifty Calculator May 2016 & Quick Observations

Nifty Calculator - Weightages as per 29th April 2016.

Make your own estimate of where Nifty can be ....

Quick Observations

Top 10 stocks = 53.2% of Nifty        This has seen a shift from 55-56%

Top 20 stocks = 72.96% of Nifty        This has seen a shift from 75-78%

Top 5 stocks = Infosys , HDFC Bank, ITC Limited, HDFC Limited. Reliance Industires measure up to 34.2% of Nifty.

The bottom 7 stocks of Nifty have free float lesser than the top 5 stocks of Nifty next 50 and over the next 6-12 months if the price does not appreciate some of them could be replaced. 

Bank of Baroda

Tata Motors Ltd DVR

ACC Ltd.

Idea Cellular Ltd.

Tata Power Co. Ltd.

Hindalco Industries Ltd.

Bharat Heavy Electricals Ltd.

The Top 5 Nifty Next 50 stocks which can become part of Nifty if price appreciates over the next 6-12 months.

Indiabulls Housing Finance Ltd.

Indian Oil Corporation Ltd.

Britannia Industries Ltd.

Godrej Consumer Products Ltd.

UPL Ltd.

The eligibility criteria for a replacement is twice the free float of the lowest Nifty Weight stock. 

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