Sensex 30 companies – List of stocks that hold more weightage

48

Sensitive Index, popularly known as the Sensex, is a weighted stock market index of the top 30 companies in India that trade on the Bombay Stock Exchange (BSE). The index includes well-established companies that trade on the BSE.

Calculation method

The method of calculation of Sensex is a free-floating market capitalization method. The list of companies included in the sensex could keep on changing. An index committee selects and reviews the 30 companies that comprise the Sensex regularly. This committee comprises academics, mutual fund managers, finance journalists, independent governing board members, and other financial market participants. While doing so, the committee adheres to a set of criteria. The Index reflects the general market tendency and consumer confidence.

Sensex 30 Companies Weightage

SL Name Industry Mcap Full (Cr.) M.Cap FF (Cr.) Weight
1 RIL Integrated Oil & Gas 16,93,170.17 8,63,516.78 12.91%
2 HDFCBANK Banks 8,87,210.54 7,00,896.33 10.48%
3 INFOSYS IT Consulting & Software 7,31,107.12 6,36,063.19 9.51%
4 HDFC Housing Finance 4,91,841.14 4,91,841.14 7.35%
5 ICICIBANK Banks 4,87,388.37 4,87,388.37 7.29%
6 TCS IT Consulting & Software 14,55,687.69 4,07,592.55 6.09%
7 KOTAKBANK Banks 3,83,866.29 2,84,061.05 4.25%
8 HINDUNILVR Personal Products 6,20,362.58 2,35,737.78 3.52%
9 L&T Construction & Engineering 2,42,626.23 2,08,658.56 3.12%
10 BAJFINANCE Finance (including NBFCs) 4,66,940.59 2,05,453.86 3.07%
11 ITC Cigarettes,Tobacco Products 2,85,400.36 2,02,634.25 3.03%
12 AXISBANK Banks 2,39,719.67 2,01,364.52 3.01%
13 SBIN Banks 4,08,479.47 1,75,646.17 2.63%
14 BHARTIARTL Telecom Services 3,81,915.58 1,64,223.70 2.46%
15 ASIANPAINT Furniture,Furnishing,Paints 3,17,168.34 1,49,069.12 2.23%
16 HCLTECH IT Consulting & Software 3,58,760.09 1,43,504.04 2.15%
17 BAJAJFINSV Holding Companies 2,79,316.45 1,06,140.25 1.59%
18 Tata Steel Iron & Steel/Interm.Products 1,56,552.34 1,03,324.55 1.54%
19 MARUTI Cars & Utility Vehicles 2,24,317.10 98,699.52 1.48%
20 TITAN Other Apparels & Accessories 2,09,300.03 98,371.01 1.47%
21 TECHM IT Consulting & Software 1,39,638.87 89,368.88 1.34%
22 SUNPHARMA Pharmaceuticals 1,97,064.51 88,679.03 1.33%
23 ULTRACEMCO Cement & Cement Products 2,11,782.31 84,712.92 1.27%
24 M&M Cars & Utility Vehicles 1,09,059.07 83,975.48 1.26%
25 INDUSINDBK Banks 90,784.83 70,812.17 1.06%
26 NESTLEIND Packaged Foods 1,83,151.78 67,766.16 1.01%
27 NTPC Electric Utilities 1,36,819.96 67,041.78 1.00%
28 POWERGRID Electric Utilities 1,30,894.37 64,138.24 0.96%
29 DRREDDYS Pharmaceuticals 80,684.51 58,899.69 0.88%
30 BAJAJ AUTO 2/3 Wheelers 1,10,386.28 49,673.83 0.74%

Source: https://www.bseindia.com/

Sensex and retail investor

If you are closely following stock markets news every day, you will not be hearing much about individual stocks day to day, but daily closing bells mark the closing of Sensex, informing where the index has closed this day and how much it has moved up or has gone down. When you understand broadly what constitutes an index, it becomes easier to infer that information. For a retail investor, this market information can act as a gist of the day if close monitoring is difficult.

Conclusion

Knowledge of Sensex and stocks that constitute it is necessary if you are an investor in Indian stock markets. The individual weightage of a stock in the index helps you decide how much weightage you should give the same in your own portfolio. Investment in stocks of Sensex is a prudent choice. If Sensex is your Index choice to see Indian stock markets, you can choose to invest in Sensex through its ETF also.