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-24.54(-0.1%)
Stock name
Price/ change
ASHOK LEYLAND LTD
-0.65 (-0.26%)
BAJAJ AUTO LIMITED
+50.5 (+0.6%)
BALKRISHNA IND. LTD
+57.6 (+2.26%)
BHARAT FORGE LTD
+15.8 (+1.22%)
BOSCH LIMITED
+1525 (+4.43%)
EICHER MOTORS LTD
-87 (-1.52%)
HERO MOTOCORP LIMITED
+34.4 (+0.8%)
MAHINDRA & MAHINDRA LTD
-11.9 (-0.37%)
MARUTI SUZUKI INDIA LTD.
-106 (-0.83%)
MRF LTD
-955 (-0.66%)
SAMVRDHNA MTHRSN INTL LTD
-0.38 (-0.25%)
SONA BLW PRECISION FRGS L
-0.95 (-0.2%)
TATA MOTORS LIMITED
-1.35 (-0.2%)
TUBE INVEST OF INDIA LTD
+26.3 (+0.89%)
TVS MOTOR COMPANY LTD
-19.1 (-0.66%)
The NIFTY Auto Index monitors the performance of India's automobile sector on the NSE, offering insights into trends in auto stocks. It serves as a key benchmark for investors and analysts, reflecting sector movements and market sentiment.
The NIFTY Auto Index monitors the performance of India's automobile sector on the NSE, offering insights into trends in auto stocks. It serves as a key benchmark for investors and analysts, reflecting sector movements and market sentiment.
NIFTY Auto is a sectoral index on the NSE that tracks the performance of India's automobile sector. It comprises 15 tradable auto stocks, with 91.33% weightage in Automobiles and Auto Components and 8.67% in Capital Goods. Eligible industries include two and three-wheelers, commercial vehicles, tyres, auto components, and batteries.
Launched on July 12, 2011, with a base date of January 1, 2004, and a base value of 1000, it has surpassed 12,000 levels at ~54 P/E multiples. Managed by NSE Indices Limited, it is reconstituted semi-annually. A variant, NIFTY Auto Total Returns Index, supports index funds, ETFs, and benchmarking portfolios.
NIFTY Auto is a sectoral index on the NSE that tracks the performance of India's automobile sector. It comprises 15 tradable auto stocks, with 91.33% weightage in Automobiles and Auto Components and 8.67% in Capital Goods. Eligible industries include two and three-wheelers, commercial vehicles, tyres, auto components, and batteries.
Launched on July 12, 2011, with a base date of January 1, 2004, and a base value of 1000, it has surpassed 12,000 levels at ~54 P/E multiples. Managed by NSE Indices Limited, it is reconstituted semi-annually. A variant, NIFTY Auto Total Returns Index, supports index funds, ETFs, and benchmarking portfolios.
The NIFTY Auto share price is calculated using a free-float market capitalisation-weighted methodology, periodically capped relative to a base market capitalisation. Free float includes shares available for public trading, excluding promoter holdings.
To qualify for inclusion in NIFTY Auto, a stock must:
Be listed on the NSE.
Be part of NIFTY 500 or the top 800 stocks if eligible stocks fall below 10.
Belong to the Automobiles sector.
Have a 90% trading frequency in six months.
Have a six-month listing history (or three months for IPOs).
Adhere to 33% cap per stock and 62% for the top three stocks at rebalancing.
The NIFTY Auto share price is calculated using a free-float market capitalisation-weighted methodology, periodically capped relative to a base market capitalisation. Free float includes shares available for public trading, excluding promoter holdings.
To qualify for inclusion in NIFTY Auto, a stock must:
Be listed on the NSE.
Be part of NIFTY 500 or the top 800 stocks if eligible stocks fall below 10.
Belong to the Automobiles sector.
Have a 90% trading frequency in six months.
Have a six-month listing history (or three months for IPOs).
Adhere to 33% cap per stock and 62% for the top three stocks at rebalancing.
The NIFTY Auto share price is calculated using a free-float market capitalisation-weighted methodology, periodically capped relative to a base market capitalisation. Free float includes shares available for public trading, excluding promoter holdings.
To qualify for inclusion in NIFTY Auto, a stock must:
Be listed on the NSE.
Be part of NIFTY 500 or the top 800 stocks if eligible stocks fall below 10.
Belong to the Automobiles sector.
Have a 90% trading frequency in six months.
Have a six-month listing history (or three months for IPOs).
Adhere to 33% cap per stock and 62% for the top three stocks at rebalancing.
The NIFTY Auto share price is calculated using a free-float market capitalisation-weighted methodology, periodically capped relative to a base market capitalisation. Free float includes shares available for public trading, excluding promoter holdings.
To qualify for inclusion in NIFTY Auto, a stock must:
Be listed on the NSE.
Be part of NIFTY 500 or the top 800 stocks if eligible stocks fall below 10.
Belong to the Automobiles sector.
Have a 90% trading frequency in six months.
Have a six-month listing history (or three months for IPOs).
Adhere to 33% cap per stock and 62% for the top three stocks at rebalancing.
The NIFTY Auto Index tracks the Indian automobile sector on the National Stock Exchange, including key automobile manufacturers. It serves as a benchmark for investors, reflecting the industry's performance and market trends, offering insights into the sector's overall health and growth.
Introduced by the National Stock Exchange of India (NSE) on April 15, 2005, the NIFTY Auto Index consists of 15 prominent automobile companies, providing a comprehensive representation of the Indian automotive sector.
You can purchase NIFTY Auto shares through a registered brokerage firm. Simply open a trading account with a licensed broker and place an order to buy NIFTY Auto shares on the stock exchange.
This exchange-traded fund (ETF) primarily invests in companies that align with the specific mandate outlined in its investment objective.
The primary objective of the NIFTY Auto Index is to act as a benchmark for assessing the performance of the Indian automobile sector. It tracks the price movements and trends of listed companies involved in manufacturing motorcycles, cars, heavy vehicles, tyres, and related auto components.
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