NIFTY 100

NIFTY 100 index tracks the performance of the largest 100 companies on the NSE, providing a comprehensive view of India's equity market and economic trends.
NIFTY 100
3 mins read
15-October-2024
Key takeaways

  • The Nifty 100 index represents the top 100 companies listed on the National Stock Exchange (NSE) based on market capitalisation.
  • The Nifty 100 provides broader market exposure than the Nifty 50, including both large-cap and additional mid-cap stocks.
  • Investors widely use the Nifty 100 index to track the overall market performance and determine the market trend.
Investors invest in the stock market after analysing numerous factors that affect the stock, such as its fundamentals. However, one important factor they analyse before investing is the market trend. A trend is the general direction of the stock market, and investors analyse the current trend (bearish or bullish) and combine it with other factors to predict whether the price will go up or down in the coming days. However, as the Indian stock market contains thousands of listed stocks across various industries, it is difficult to analyse them all to determine the general performance of the stock market. This is where stock market indices help investors. Stock market indices track the performance of specific groups of companies to help investors determine the general market trend. One of the most widely used stock market indices is Nifty 100.

If you are a stock market investor, it is crucial to know about Nifty 100. This blog will help you understand the Nifty 100 and Nifty 100 stocks list to help you better analyse the general performance of the overall stock market.

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What is the Nifty 100 index?

The Nifty 100 is an Indian stock market index that tracks the performance of the top 100 companies listed on the National Stock Exchange (NSE). The companies included in the Nifty 100 stocks list are chosen based on their market capitalisation. This means that the 100 companies included in the Nifty 100 are the top 100 companies with the highest market capitalisation in India. The Nifty 100 index includes 50 additional companies in addition to the companies included in the Nifty 50 index. The index serves as a benchmark for large-cap companies and reflects India's overall economic health and market trends.

Investors analyse the performance of the Nifty 100 as an approximation of the overall market performance. If Nifty 100 has risen in price, it may potentially indicate a bullish trend in the market. On the other hand, if the Nifty 100 has fallen in price, it may potentially indicate a bearish trend.

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Latest Nifty 100 stocks list 2024

The NSE introduced a change in the computation of market capitalisation for companies to be eligible for being included in the Nifty 100. From June 26, 2009, the free float method is used to compute the Nifty 100. Here is the latest Nifty 100 stocks list for 2024:

HCL Technologies Ltd.Axis Bank Ltd.IndusInd Bank Ltd.Maruti Suzuki India Ltd. Canara Bank
Bank of BarodaPower Grid Corporation of India Ltd.ICICI Bank Ltd.Tata Consultancy Services Ltd.HDFC Bank Ltd.
JSW Steel Ltd.Kotak Mahindra Bank LtdBharat Electronics Ltd.Bharat Petroleum Corporation Ltd.Cholamandalam Investment & Finance Company Ltd.
Shriram Finance Ltd.State Bank of India Titan Company Ltd.Dr Reddys Laboratories Ltd.Apollo Hospitals Enterprise Ltd.
Wipro Ltd.Tata Steel Ltd.Tata Motors Ltd.Tata Consumer Products Ltd.Tata Power Company Ltd.
Siemens Ltd. SRF Ltd.Shree Cement LtdVedanta Ltd.Reliance Industries Ltd.
Bosch Ltd.Mahindra & Mahindra LtdLarsen & Toubro Ltd.Trent Ltd.ITC Ltd.
Hindustan Unilever Ltd.Hindalco Industries Ltd.ABB India Ltd.Hero MotoCorp Ltd.Grasim Industries Ltd.
Ambuja Cements Ltd.Nestle India LtdEicher Motors Ltd.Colgate-Palmolive (India) Ltd.Cipla Ltd.
Asian Paints Ltd.Bajaj Holdings & Investment LtdBerger Paints India LtdBritannia Industries Ltd.Adani Green Energy Ltd
Mahindra Bank LtdZomato LtdUltraTech Cement Ltd.ICICI Lombard General Insurance Company Ltd.Divis Laboratories Ltd.
Infosys LtdAdani Energy Solutions Ltd.Varun Beverages Ltd.SBI Life Insurance Company Ltd.Zydus Lifesciences Ltd.
Samvardhana Motherson International LtdAvenue Supermarts Ltd.Indian Railway Catering & Tourism Corporation Ltd.ICICI Prudential Life Insurance Company Ltd.Jio Financial Services Ltd.
Pidilite Industries LtdAdani Total Gas Ltd.HDFC Life Insurance Company Ltd.Godrej Consumer Products Ltd.Jindal Steel & Power Ltd.
Havells India LtdInterglobe Aviation Ltd.SBI Cards & Payment Services Ltd.Info Edge (India) Ltd.LTIMindtree Ltd.
Dabur India Ltd.Bajaj Finserv Ltd.REC Ltd.Adani Power Ltd.Tech Mahindra Ltd.
Torrent Pharmaceuticals LtdBajaj Auto Ltd.Bharti Airtel Ltd.Indian Railway Finance Corporation Ltd.Hindustan Aeronautics Ltd.
Bajaj Finance Ltd.Marico Ltd.GAIL (India) Ltd.Power Finance Corporation Ltd.Coal India Ltd.
Adani Enterprises LtdLife Insurance Corporation of India Indian Oil Corporation Ltd.NTPC Ltd.United Spirits Ltd.
Sun Pharmaceuticals Industries LtdTVS Motor Company Ltd.Punjab National Bank DLF Ltd.Oil & Natural Gas Corpn Ltd.


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How to analyse Nifty 100 stocks?

If you are looking to invest based on the Nifty 100 stocks list, you can follow the below factors to analyse the included stocks:

  • Fundamental analysis: Evaluate the financial health and the historical performance of the companies. Analyse factors such as profit margin and valuation ratios such as Price-to-Earnings (P/E) ratio, Price-to-Book (P/B) ratio, and Dividend Yield.
  • Technical analysis: Analyse technical indicators such as historical price trends, moving averages, relative strength index (RSI), and moving average convergence divergence (MACD). Technical analysis will help you determine the short-term price direction.
  • Investment plan: When choosing stocks from the Nifty 100 stocks list, ensure that they suit your set investment goals, risk tolerance, and time horizon. This will help you achieve your investment goals effectively.

Conclusion

Nifty 100 is a stock market index that tracks the performance of the top 100 companies with the highest market capitalisation in India. The index's performance helps investors analyse the general performance of the stock market and allows them to invest accordingly. It includes the Nifty 50 stocks as well as an additional 50 companies, providing a broader view of the market's performance. You can evaluate the stocks included in the Nifty 100 stocks list and pick the stocks that are performing well, or you can directly buy Nifty 100 units to earn profits based on the included stocks’ performance.

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Frequently asked questions

Can I invest in Nifty 100?
Yes, you can invest in the Nifty 100 through index funds or exchange-traded funds (ETFs) that track its performance.

Is Zomato in Nifty 100?
Yes, Zomato is part of the Nifty 100 index.

What are the criteria for Nifty 100 stocks?
The criteria for a stock to be included in the Nifty 100 index include being among the top 100 companies by market capitalisation on the NSE and having a high level of liquidity. The stock must also be part of the Nifty 50 index.

Which is better, Nifty 50 or Nifty 100?
Nifty 50 is better for focused exposure to large-cap, blue-chip companies, while Nifty 100 offers broader market exposure with additional mid-cap growth opportunities. You should choose based on your investment goals and risk appetite.

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