iThe current values are delayed, open demat account for live values.
Nifty MNC
Nifty MNC Performance
-
Open
28,012.55
-
High
28,137.70
-
Low
27,896.35
-
Prev Close
27,958.45
-
Dividend Yeild
1.93%
-
P/E
37.19
Nifty MNC Chart
Stocks Performance
Color code for Stocks Performance
- 5% and above
- 5% to 2%
- 2% to 0.5%
- 0.5% to -0.5%
- -0.5% to -2%
- -2% to -5%
- -5% and below
Constituent Companies
| Company | Market Cap | Market Price | Volume | Sector |
|---|---|---|---|---|
| Ashok Leyland Ltd | ₹64765 Cr |
₹220.51
(2.24%)
|
8439841 | Automobile |
| SKF India Ltd | ₹22636 Cr |
₹4576.5
(2.84%)
|
43193 | Bearings |
| Bata India Ltd | ₹17778 Cr |
₹1381.3
(0.87%)
|
253340 | Leather |
| Abbott India Ltd | ₹62263 Cr |
₹29263.5
(1.4%)
|
9278 | Pharmaceuticals |
| Britannia Industries Ltd | ₹114818 Cr |
₹4769.3
(1.54%)
|
385885 | FMCG |
Nifty MNC Sector Performance
Top Performing
| Sector Name | Percentage Change |
|---|---|
| Leather | 0.68 |
| Dry cells | 1.43 |
| IT - Software | 0.29 |
| Real Estate Investment Trusts | 0.17 |
Under Performing
| Sector Name | Percentage Change |
|---|---|
| Diamond, Gems and Jewellery | -0.93 |
| IT - Hardware | -0.41 |
| Ceramic Products | -0.16 |
| Healthcare | -0.44 |
Nifty MNC
A stock market index is a tool used to measure the performance of a specific group of stocks, representing a particular sector, market, or economy. It helps investors gauge market trends, make informed decisions, and benchmark the performance of their investments. Indices are typically created by selecting companies based on criteria such as market capitalization, liquidity, and sector representation.
They are periodically rebalanced to ensure they reflect the latest market conditions. Stock indices serve as a key reference for investors, offering insights into the health and direction of specific industries or the overall economy.
What is the Nifty MNC Index?
The NIFTY MNC Index, a thematic index on the National Stock Exchange (NSE), tracks the performance of foreign-owned companies in India in real-time. Initially comprising 15 stocks, it expanded to 30 stocks across 11 sectors on September 28, 2018. Key sectors include FMCG (40.32%), Capital Goods (16.40%), and Automobiles (12.57%). Launched on January 2, 1995, with a base value of 1,000. The NIFTY MNC Index is reconstituted semi-annually, with individual stock weightage capped at 10%, ensuring balanced representation. It is owned and managed by NSE Indices Limited, previously known as India Index Services & Products Limited.
How is the Nifty MNC Index Value Calculated?
The NIFTY MNC index value is calculated using the formula:
Index Value = Current Index Market Capitalization / (Base Free Float Market Capitalization * Base Index Value)
Current Index Market Capitalization is derived from the number of shares outstanding, multiplied by the Investible Weight Factor (IWF), capping factor, and price. Since the index follows the market capitalization method, the IWF is set at 1.
Stocks may be removed due to suspension, delisting, or corporate events like mergers, demergers, or acquisitions. This process ensures the index accurately reflects the current dynamics of the MNC sector.
Nifty MNC Scrip Selection Criteria
To be included in the NIFTY MNC index, securities must meet several eligibility criteria. First, the stock must be listed on the National Stock Exchange (NSE) and be part of the NIFTY 500 index. If the number of eligible stocks drops below 10, additional stocks will be selected from the top 800 ranked stocks based on their average daily turnover and full market capitalization data from the past six months.
In addition, the company must be categorized as having over 50% ownership by foreign promoters. New securities can only be included if their float-adjusted market capitalization is at least 1.5 times greater than the smallest constituent of the index.
A recently listed company (IPO) can be included in the index after a period of three months, provided it meets all the other eligibility criteria (rather than the usual six months). Furthermore, individual stock weightage is capped at 10% during rebalancing periods, although the weightage of stocks may exceed this cap between two rebalancing periods.
These criteria ensure that the NIFTY MNC index accurately represents the performance of foreign-owned companies in India, while maintaining a balanced and diversified portfolio.
How does the Nifty MNC work?
The Nifty MNC Index tracks the performance of 30 foreign-owned companies listed on the National Stock Exchange (NSE). To be included, companies must have over 50% foreign promoter ownership and be part of the Nifty 500. The index is rebalanced semi-annually, with individual stock weightage capped at 10% to maintain balance.
If the number of eligible stocks falls below 10, additional stocks are selected based on market capitalization and trading volume. Newly listed companies can be included after three months if they meet the criteria. The index provides real-time insights into foreign-owned companies' performance across various sectors in India.
What are the Benefits of Investing in the Nifty MNC?
Investing in the Nifty MNC Index offers several benefits. It provides exposure to 30 top-performing foreign-owned companies in India across diverse sectors like FMCG, capital goods, and healthcare, allowing for balanced sectoral diversification. These companies often benefit from strong global expertise and brand value, which can drive stable growth.
The index is rebalanced semi-annually, ensuring it remains up to date with market changes. Additionally, with a 10% cap on individual stock weightage, the index prevents over-concentration, reducing risk and offering investors a more stable and diversified investment option in India's multinational space.
What is the History of the Nifty MNC?
The Nifty MNC Index was launched by the National Stock Exchange (NSE) to track the performance of foreign-owned companies operating in India. The index's base date is January 2, 1995, with a base value of 1,000. Initially, the index consisted of 15 constituents, but it was expanded to 30 stocks across 11 sectors on September 28, 2018. Key sectors include FMCG, capital goods, and automobiles.
Over the years, the index has grown significantly, surpassing 19,000 in value. The Nifty MNC is rebalanced semi-annually, with individual stock weightage capped at 10%, ensuring that it continues to reflect the evolving dynamics of multinational companies in India.
Other Indices
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| India VIX | 13.2375 | -0.8 (-5.72%) |
| Nifty 10 Yr Benchmark G-Sec | 2438.72 | -2.07 (-0.08%) |
| Nifty 10 Yr Benchmark G-Sec (Clean Price) | 887.82 | -0.94 (-0.11%) |
| Nifty 100 | 24632 | 20.65 (0.08%) |
| Nifty 100 Alpha 30 Index | 18503.05 | -79.5 (-0.43%) |
Faqs
How To Invest in Nifty MNC Stocks?
To invest in Nifty MNC stocks, you can buy individual stocks listed in the index through a Demat account. Alternatively, you can invest in ETFs or index funds that track the Nifty MNC Index, offering a diversified and cost-effective way to gain exposure to top large-cap companies.
What are Nifty MNC stocks?
Nifty MNC stocks are the top 30 foreign-owned companies listed on the National Stock Exchange (NSE), spanning sectors like FMCG, capital goods, healthcare, and automobiles.
Can you trade shares on Nifty MNC?
Yes, you can trade shares of companies listed in the Nifty MNC Index through a Demat account. You can buy and sell these stocks during market hours like any other listed stock. Additionally, you can invest in ETFs or index funds based on the Nifty MNC Index for broader exposure.
In which year was the Nifty MNC Index launched?
The Nifty MNC Index was launched by the National Stock Exchange (NSE) to track the performance of foreign-owned companies operating in India.
Can we buy the Nifty MNC and sell it tomorrow?
Yes, you can buy Nifty MNC stocks and sell them the next day, following the BTST (Buy Today, Sell Tomorrow) strategy. This allows you to take advantage of short-term price movements without waiting for the usual settlement period.
Latest News
- Dec 27, 2024
The Indian equity market witnessed a positive close, with benchmark indices Nifty and Sensex gaining 0.27% and 0.29%, respectively. Auto and pharma stocks led the rally, supported by upgrades and robust buying interest. Nifty Pharma climbed 1.3%, driven by heavyweights like Dr. Reddy's and Cipla, while Nifty Auto surged on positive ratings for Bajaj Auto and Tata Motors.
- Dec 27, 2024
When IPOs are announced, the anticipation builds as investors gauge the potential returns. Some IPOs make a remarkable debut, while others witness a more subdued start. This analysis explores the performance of recently listed IPOs, focusing on their stock price trends over the past few days of their listing.
- Dec 27, 2024
Citichem India Limited is set to launch its Initial Public Offering (IPO), presenting a fixed-price issue of ₹12.60 crore. The IPO consists entirely of a fresh issue of 18.00 lakh shares at ₹70 per share, with no offer for sale component. The IPO opens for subscription on December 27, 2024, and closes on December 31, 2024. Allotments will be finalized by January 1, 2025, and listing is planned for January 3, 2025, on the BSE SME platform.
- Dec 27, 2024
January 1, 2025, will not be a stock market holiday in India, and both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will operate as usual. Trading will continue across all market segments, including equities, equity derivatives, and currency derivatives, making it a regular business day for market participants.
Latest Blogs
Swing Trading Stocks for the Week iJoin the club of lakhs of tech savvy investors!
- Dec 27, 2024
Nifty Prediction for - 30th December 2024 NIFTY held on to most of its gains and closed above the crucial 23800 level. Healthcare and Autos led the pack, while Services, Capital Goods, and Metals lagged. DRREDDY, INDUSINDBK and M&M shone, countered by HINDALCO, COALINDIA and SBIN's weakness.
- Dec 27, 2024
Derivatives trading can seem overwhelming for beginners, but with the right tools and guidance, it can become a valuable part of your investment strategy. One such tool that makes trading in derivatives easy and efficient is the F&O 360 platform by 5Paisa. This platform provides a streamlined experience for derivatives traders, offering various features and functionalities that make trading in Futures and Options (F&O) more intuitive.
- Dec 27, 2024
Unimech Aerospace and Manufacturing specializes in the production of advanced tools and systems used in aeroengine and airframe manufacturing. This IPO aims to support the company's growth by addressing capital and operational requirements.
- Dec 27, 2024
