Nifty Consumption Live Chart
O 11484.7
H 11484.7
L 11484.7
Nifty Consumption Performance
Days Range
Previous Close11,510.10
Open11,484.70
52W Range9,064.50 - 13,057.60
P/E Ratio46.89
Nifty Consumption Companies
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
Adani Power |
₹536.60 |
-3.25 (-0.60%) |
₹532.00 - ₹544.70 |
|
|
Apollo Hospitals |
₹7,259.45 |
32.35 (0.45%) |
₹7,204.20 - ₹7,277.35 |
|
|
Asian Paints |
₹2,407.65 |
18.10 (0.76%) |
₹2,354.00 - ₹2,412.00 |
|
|
Avenue Super. |
₹3,652.30 |
-36.15 (-0.98%) |
₹3,612.00 - ₹3,694.80 |
|
|
Bajaj Auto |
₹9,021.40 |
58.15 (0.65%) |
₹8,903.75 - ₹9,051.00 |
|
|
Bharti Airtel |
₹1,681.75 |
71.20 (4.42%) |
₹1,606.80 - ₹1,685.00 |
|
|
Britannia Inds. |
₹4,850.10 |
21.75 (0.45%) |
₹4,773.00 - ₹4,863.10 |
|
|
Colgate-Palmoliv |
₹2,873.00 |
30.15 (1.06%) |
₹2,832.00 - ₹2,892.00 |
|
|
DLF |
₹870.85 |
3.75 (0.43%) |
₹846.10 - ₹872.95 |
|
|
Eicher Motors |
₹4,825.90 |
18.25 (0.38%) |
₹4,754.20 - ₹4,858.45 |
|
|
Godrej Consumer |
₹1,111.45 |
0.35 (0.03%) |
₹1,097.35 - ₹1,117.30 |
|
|
Havells India |
₹1,757.85 |
-0.10 (-0.01%) |
₹1,740.40 - ₹1,782.65 |
|
|
Hero Motocorp |
₹4,575.45 |
18.70 (0.41%) |
₹4,500.00 - ₹4,583.00 |
|
|
Hind. Unilever |
₹2,390.10 |
45.15 (1.93%) |
₹2,333.45 - ₹2,394.55 |
|
|
Indian Hotels Co |
₹855.60 |
18.90 (2.26%) |
₹830.70 - ₹857.15 |
|
|
Info Edg.(India) |
₹8,702.40 |
88.10 (1.02%) |
₹8,475.50 - ₹8,716.85 |
|
|
Interglobe Aviat |
₹4,432.90 |
-31.45 (-0.70%) |
₹4,380.00 - ₹4,459.90 |
|
|
ITC |
₹470.00 |
9.40 (2.04%) |
₹451.65 - ₹474.40 |
|
|
M & M |
₹3,081.40 |
13.95 (0.45%) |
₹3,000.00 - ₹3,093.10 |
|
|
Maruti Suzuki |
₹11,272.55 |
105.15 (0.94%) |
₹11,033.60 - ₹11,290.00 |
|
|
Max Healthcare |
₹1,180.05 |
12.35 (1.06%) |
₹1,161.80 - ₹1,194.60 |
|
|
Nestle India |
₹2,253.50 |
29.45 (1.32%) |
₹2,208.25 - ₹2,257.85 |
|
|
Tata Consumer |
₹929.70 |
8.45 (0.92%) |
₹907.40 - ₹931.00 |
|
|
Tata Power Co. |
₹428.45 |
-5.10 (-1.18%) |
₹420.30 - ₹432.40 |
|
|
Titan Company |
₹3,508.85 |
63.10 (1.83%) |
₹3,380.25 - ₹3,518.00 |
|
|
Trent |
₹7,000.25 |
-12.25 (-0.17%) |
₹6,870.00 - ₹7,027.90 |
|
|
TVS Motor Co. |
₹2,521.90 |
-1.85 (-0.07%) |
₹2,465.00 - ₹2,530.00 |
|
|
United Spirits |
₹1,512.05 |
-13.90 (-0.91%) |
₹1,482.85 - ₹1,529.00 |
|
|
Varun Beverages |
₹645.65 |
-0.60 (-0.09%) |
₹636.00 - ₹649.80 |
|
|
Zomato Ltd |
₹288.25 |
3.35 (1.18%) |
₹278.20 - ₹288.95 |
|
Nifty Consumption Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Air Transport Service | 0 | 1 | 1 |
| Alcoholic Beverages | 0 | 1 | 1 |
| Automobile | 5 | 6 | 1 |
| Consumer Durables | 0 | 1 | 1 |
| Diamond, Gems and Jewellery | 1 | 1 | 0 |
| FMCG | 5 | 6 | 1 |
| Healthcare | 2 | 2 | 0 |
| Hotels & Restaurants | 1 | 1 | 0 |
| Paints/Varnish | 1 | 1 | 0 |
| Plantation & Plantation Products | 1 | 1 | 0 |
| Power Generation & Distribution | 0 | 2 | 2 |
| Realty | 1 | 1 | 0 |
| Retail | 0 | 2 | 2 |
| Telecomm-Service | 1 | 1 | 0 |
| Tobacco Products | 1 | 1 | 0 |
| E-Commerce/App based Aggregator | 2 | 2 | 0 |
What is NIFTY India Consumption?
NIFTY India Consumption is a thematic index on the National Stock Exchange (NSE) which captures the performance of the domestic consumption sector on a real-time basis. It is constituted of 30 stocks that span 9 sectors: FMCG (35.9%), Automobile and Auto Components (20.06%), Consumer Durables (16.1%), Telecom (9.77%), Consumer Services (7.29%), Power (6.09%), Healthcare (2.22%), Textiles (1.4%), and Media, Entertainment & Publication (1.17%).
Some of the basic industries eligible for inclusion in the NIFTY Consumption index are 2/3 Wheelers, Air Conditioner, Airline, Amusement Parks, Breweries & Distilleries, Tobacco Products, Electronics, Cycles, Dairy Products, Digital Entertainment, E-Learning, Electric Utilities, Film Production, Distribution & Exhibition, Footwear, Home Furnishing, Garments & Apparels, Gems, Jewellery And Watches, Glass, Hospital, Hotels & Resorts, Internet & Catalogue Retail, Leather Products, Packaged Foods, Paints, Passenger Cars & Utility Vehicles, Pharmacy Retail, Plastic Products, Power, Print Media, Tea & Coffee, Wellness etc.
This NIFTY Consumption index was launched on July 12, 2011, with the base date as January 2, 2006, and the base value at 1000. The NIFTY India Consumption share price since inception, has breached the levels of 7,000 at ~35x P/E multiples. It is reconstituted semi-annually and caps individual stocks at 10% weightage.
The NIFTY India Consumption index is owned and managed by NSE Indices Limited, previously known as India Index Services & Products Limited. The India Consumption index is governed by a three-tier structure comprising the BOD of NSE Indices, the Index Advisory Committee and the Index Maintenance Sub-Committee.
NIFTY India Consumption has a variant in the form of the NIFTY India Consumption Total Returns Index. This index is suitable for launching ETFs, index funds, and other structured investment products and for benchmarking fund portfolios.
Orgainisation
Nifty Consumption
Exchange
NSE
How is NIFTY India Consumption calculated? How are stocks selected for inclusion in NIFTY India Consumption?
The NIFTY India Consumption share price is computed by weighting its 30 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 need to fulfill the following criteria for eligibility:
- Should be listed on the National Stock Exchange.
- Should form a part of NIFTY 500.
- Should have a minimum of 10 stocks.
- 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 consumption sector.
- >50% of the company’s revenue should be earned domestically i.e., excluding export income.
- New securities will be included, if their float-adjusted market capitalization is at least 1.5 times of the index’s smallest constituent’s free-float market capitalization.
- Should have a trading frequency of at least 90% in the past six months.
- Must have a listing history of minimum 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 10% in case of a single stock at the time of rebalancing.
The index value is calculated as follows –
Index Value = Current Index Market Capitalization/ (Base Free Float Market Capitalization * Base Index Value)
Where,
Current Index Market Capitalization = Shares o/s * IWF * Capping factor * Price
IWF (Investible Weight Factors) = 1 as it is based on market capitalization method
The NIFTY India Consumption index is rebalanced 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 Consumption (if any) is effective from the last trading day of March and September.
Nifty Consumption FAQs
NIFTY Consumption index includes the top 30 ranked stocks from the domestic consumption sector based on free-float market capitalization.
How to invest in NIFTY India Consumption?
There are various ways of investing in the NIFTY Consumption index, such as:
Direct investing: You can choose to invest in individual stocks from the NIFTY Consumption index with a demat account.
Exchange Traded Funds: Another method is to invest in ETFs that passively track the Consumption index.
Should you Invest in the NIFTY India Consumption index? Is the investment in NIFTY India Consumption safe?
The NIFTY India Consumption index has generated total returns of 13.6% since inception and 10.38% in the past 5 years. This index experiences low volatility and has earned ~1% dividend yield.
How has NIFTY India Consumption performed relative to NIFTY 50?
NIFTY India Consumption is not as closely correlated to the NIFTY 50 index but has relatively low beta levels. NIFTY Consumption has outperformed NIFTY 50 over a 10-year horizon, unless the markets are rebounding from lows- in such cases, NIFTY 50 performs better.
Which is the better consumption index out of NIFTY India Consumption and NIFTY FMCG?
NIFTY Consumption represents broader discretionary consumption v/s NIFTY FMCG which is specific to only fast-moving consumer products, thus being less diversified. NIFTY FMCG is highly stock concentrated, with the top 10 stocks accounting for >90% of the index, whereas in NIFTY Consumption, the top 10 accounts for ~60%. NIFTY Consumption has outperformed NIFTY FMCG in most instances except for bearish lows where the FMCG index performs better.
What is the objective of NIFTY India Consumption?
NIFTY India Consumption index’s basic objective is to serve as the benchmark for evaluating the Indian consumption sector, which is represented by companies engaged in the business of consumer non-durables, healthcare, telecom, pharma, hotels, auto, media & entertainment etc. It is a highly diversified index, suitable for replicability.
