Nifty Consumer Durables Live Chart
O 42351.55
H 42351.55
L 42351.55
Nifty Consumer Durables Performance
Days Range
Previous Close42,491.95
Open42,351.55
52W Range29,929.85 - 44,426.55
P/E Ratio88.45
Nifty Consumer Durables Companies
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
Amber Enterp. |
₹5,787.35 |
49.90 (0.87%) |
₹5,647.40 - ₹5,809.75 |
|
|
Bata India |
₹1,432.45 |
2.65 (0.19%) |
₹1,406.30 - ₹1,434.80 |
|
|
Blue Star |
₹2,088.70 |
36.25 (1.77%) |
₹2,017.25 - ₹2,102.45 |
|
|
Century Plyboard |
₹839.70 |
-12.95 (-1.52%) |
₹830.00 - ₹855.00 |
|
|
Cera Sanitary. |
₹7,683.45 |
-10.15 (-0.13%) |
₹7,530.10 - ₹7,729.90 |
|
|
Crompton Gr. Con |
₹411.40 |
5.30 (1.31%) |
₹402.70 - ₹412.15 |
|
|
Dixon Technolog. |
₹17,954.40 |
257.05 (1.45%) |
₹17,530.60 - ₹18,034.00 |
|
|
Havells India |
₹1,757.85 |
-0.10 (-0.01%) |
₹1,740.40 - ₹1,782.65 |
|
|
Kajaria Ceramics |
₹1,159.50 |
-19.30 (-1.64%) |
₹1,155.50 - ₹1,178.65 |
|
|
Kalyan Jewellers |
₹747.10 |
-13.00 (-1.71%) |
₹737.40 - ₹763.00 |
|
|
Rajesh Exports |
₹237.62 |
0.70 (0.30%) |
₹232.74 - ₹239.00 |
|
|
Titan Company |
₹3,508.85 |
63.10 (1.83%) |
₹3,380.25 - ₹3,518.00 |
|
|
V-Guard Industri |
₹436.05 |
9.50 (2.23%) |
₹414.30 - ₹439.90 |
|
|
Voltas |
₹1,807.50 |
19.85 (1.11%) |
₹1,756.00 - ₹1,813.85 |
|
|
Whirlpool India |
₹1,913.00 |
-33.75 (-1.73%) |
₹1,890.00 - ₹1,936.90 |
|
Nifty Consumer Durables Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Capital Goods - Electrical Equipment | 1 | 1 | 0 |
| Ceramic Products | 0 | 2 | 2 |
| Consumer Durables | 5 | 7 | 2 |
| Diamond, Gems and Jewellery | 2 | 3 | 1 |
| Leather | 1 | 1 | 0 |
| Plywood Boards/Laminates | 0 | 1 | 1 |
What is NIFTY Consumer Durables?
NIFTY Consumer Durables is a sectoral index on the National Stock Exchange (NSE) that captures the performance of the domestic consumer durables industry. It is constituted of 15 tradable, exchange-listed durables stocks whose price movement is tracked on a real-time basis.
The basic industries eligible for inclusion in the NIFTY Consumer Durables index are the ones selling Air Conditioners, Consumer Electronics, Cycles, Footwear, Furniture, Home Furnishing, Flooring, Gems, Jewelry and Watches, Glass, Household Appliances, Leather and Leather Products, Leisure Products, Plywood Boards/ Laminates, Sanitary Ware, and Toys.
This NIFTY Consumer Durables index was launched on January 15, 2020, with the base date as April 1, 2005, and the base value at 1000. The NIFTY Consr Durbl share price since inception, has breached the levels of 25,000 at ~56x P/E multiples. It is reconstituted semi-annually and caps individual stocks at 33% weightage.
The NIFTY Consumer Durables index is owned and managed by NSE Indices Limited, previously known as India Index Services & Products Limited. The Consumer Durables index is governed by a three-tier structure that comprises the BOD of NSE Indices, the Index Advisory Committee and the Index Maintenance Sub-Committee.
NIFTY Consumer Durables has a variant in the form of the NIFTY Consumer Durables Total Returns Index. This index is ideal for launching index funds, ETFs, structured products and benchmarking fund portfolios.
Orgainisation
Nifty Consumer Durables
Exchange
NSE
How is NIFTY Consumer Durables calculated? How are stocks selected for inclusion in NIFTY Consumer Durables?
The NIFTY Consumer Durables share price is computed by weighting its 15 stocks on the basis of periodically capped free-float market capitalization relative to a base market capitalization value on a real-time basis.
The securities must fulfill the following eligibility criteria for inclusion:
- Should be listed on the National Stock Exchange.
- Should form a part of NIFTY 500.
- If the number of eligible stocks falls below 10, then in such cases, the deficit number of stocks shall be selected from the universe of top 800 ranked stocks based on both average daily turnover and average daily full market capitalization data of the previous six months from NIFTY 500’s universe.
- Should be a part of the consumer durables sector.
- Should have a trading frequency of at least 90% in the past six months.
- Should have a listing history of at least six months.
- A recently listed company (IPO) can be included if it meets the above eligibility criteria for a period of three months instead of six months.
- Should adhere to the cap of 33% in case of a single stock and 62% for the top 3 stocks cumulatively at the time of rebalancing.
The index value is calculated as follows –
Index value = Current market capitalization/ (Base market capitalization * Base Index Value)
The NIFTY Consumer Durables index is semi-annually based on six months of data, with the cutoff date being January 31 and July 31 of each year. The replacement of stocks in NIFTY Consumer Durables (if any) is implemented from the last trading day of March and September after giving four weeks prior notice to the market.
Nifty Consumer Durables FAQs
The NIFTY Consumer Durables index includes the top-ranked 15 stocks on the basis of float-adjusted market capitalization from the consumer durables industry.
How to invest in NIFTY Consumer Durables?
There are several ways of investing in NIFTY Consumer Durables, such as:
Direct Investing: With a trading account, you can invest in individual stocks from the NIFTY Consumer Durables index.
Exchange Traded Derivatives: Futures and Options are available with the NIFTY Consr Durbl index as an underlying on NSE, NSE IFSC and Singapore Exchange.
Exchange-Traded Funds: Many AMCs offer ETFs that provide returns equivalent to the total returns earned by the NIFTY Consumer Durables index before accounting for tracking errors.
Index Mutual Funds: Many companies offer thematic funds that track the consumer durables index, but their expense ratio can be prohibitively high.
Should you Invest in the NIFTY Consumer Durables index? Is the investment in NIFTY Consumer Durables safe?
The NIFTY Consumer Durables index has generated price returns of 19.87% since inception. The Consumer Durables index’s total returns have come to 17.27% in the past 5 years and 20.82% since inception. The returns are not very volatile, and NIFTY Consumer Durables is not closely correlated to the NIFTY 50 index.
How is the NIFTY Consumer Durables index different from its BSE Consumer Durables counterpart?
The NIFTY Consumer Durables index has 15 constituents v/s BSE’s 12, thus making the former a more diversified index. However, the NIFTY Consumer Durables Index is newly introduced as compared to its BSE counterpart, which has been in place since 1999.
What is the objective of NIFTY Consumer Durables?
NIFTY Consumer Durables index’s basic objective is to serve as the benchmark for evaluating the Indian consumer durables sector that are engaged in the business of selling consumer electronics, jewelry, home furnishings, etc.
