Nifty 100

Nifty 100

The National Stock Exchange (NSE)'s NIFTY 100 is a broad-based, diversified index that shows the top 100 NIFTY 500 businesses based on complete market capitalization. Nifty 100 companies are divided into 17 industries, with financial services bearing a disproportionate amount of weight (around 33%). IT, Petrol & Consumable Fuels, FMCG, Cars, and Auto Components complete the top 5 industries, each accounting for over 75% of the total weight. Approximately 76.8% of the NSE's float-adjusted market capitalization is represented by the NIFTY 100 chart. 

The total traded value of all index components represents approximately 66.2% of the value of all equities traded on the NSE during the previous six months. Launched on December 1, 2005, with a base year of 2003 and a base value of 1000, NIFTY 100 is owned and managed by NSE Indices Limited. It has variants, the NIFTY 100 Total Returns Index and the NIFTY 100 Equal Weight Index.

How is NIFTY 100 Stocks Calculated?

This formula is used to compute the index value:

Index value = Current free-float market capitalization/ (Base free-float market capitalization * Base Index Value)

Semi-annual reviews of the NIFTY 100 index are conducted using data from the six months ending in January and July. With four weeks' notice to the market, the replacement of stocks in the NIFTY 100 (if any), up to a maximum of five in any given year, takes effect on the final trading day of March and September.

How are Stocks Selected to be Included in NIFTY 100?

To determine the NIFTY 100 share price, its 100 stocks are weighted based on their free-float market capitalization in relation to a certain base market value in real-time. The term "free float" describes shares that are easily traded by the general public and not owned by promoters. You can check nifty midcap 100 share price and nifty smallcap 100 share price with BlinkX.

Eligibility Criteria for Constituent Stocks: 

• It is listed on the National Stock Exchange.
• Must have an Investable Weight Factor of at least 0.10 and be a component of the NIFTY 500.
• Need to be fully ranked in the top 90 in the market capitalization ranking.
• It must be 1.5 times the final NIFTY 100 component in terms of overall market capitalization.
• Need to be accessible for trading on the F&O sector of the NSE.
• It is excluded if the element is removed from the NIFTY 500 or if the whole market capitalization-based rank drops below 110.
• Newly listed security eligibility checked on data from the last three months.
• Non-F&O stocks are included if the total number of instances of stock hitting the upper or lower circuit is less than 20% of the total trading days.