The table below shows the Finnifty Stocks List with Highest Market Cap.
Name | Market Cap ( Cr ) | Close Price |
HDFC Bank Ltd | 1079057.29 | 1420.60 |
ICICI Bank Ltd | 744878.90 | 1061.30 |
State Bank of India | 677422.67 | 759.05 |
Bajaj Finance Ltd | 413726.63 | 6697.85 |
Kotak Mahindra Bank Ltd | 342713.09 | 1724.00 |
Axis Bank Ltd | 338406.09 | 1096.80 |
Bajaj Finserv Ltd | 257370.60 | 1616.55 |
SBI Life Insurance Company Ltd | 153125.53 | 1529.15 |
Power Finance Corporation Ltd | 136261.20 | 412.90 |
HDFC Life Insurance Company Ltd | 124868.00 | 580.70 |
REC Limited | 122168.43 | 463.95 |
Cholamandalam Investment and Finance Company Ltd | 92832.76 | 1105.40 |
Shriram Finance Ltd | 91877.94 | 2445.45 |
HDFC Asset Management Company Ltd | 81504.99 | 3817.85 |
ICICI Lombard General Insurance Company Ltd | 80746.56 | 1639.25 |
ICICI Prudential Life Insurance Company Ltd | 75305.70 | 522.85 |
SBI Cards and Payment Services Ltd | 70267.27 | 739.05 |
Muthoot Finance Ltd | 52998.61 | 1320.15 |
LIC Housing Finance Ltd | 35330.55 | 642.30 |
Indian Energy Exchange Ltd | 13071.64 | 147.00 |
Content:
Finnifty Weightage Stocks
The following table illustrates the Finnifty Stocks arranged by weightage in descending order.
Name | Weightage ( % ) |
HDFC Bank Ltd | 29.75 |
ICICI Bank Ltd | 21.67 |
Axis Bank Ltd | 8.9 |
Kotak Mahindra Bank Ltd | 8.07 |
State Bank of India | 7.39 |
Bajaj Finance Ltd | 5.74 |
Bajaj Finserv Ltd | 2.65 |
Shriram Finance Ltd | 2.06 |
Power Finance Corporation Ltd | 1.94 |
SBI Life Insurance Company Ltd | 1.9 |
Introduction to Finnifty Stock
HDFC Bank Ltd
Market Capitalization of HDFC Bank Ltd stands at ₹10,79,057.29 crore. The one-month average volume experienced a decrease of -3.30%. Its one-year return percentage is -11.39%. Currently, it is 23.72% away from its 52-week high. The stock holds a weightage of 29.75%.
HDFC Bank Limited is a financial conglomerate offering a comprehensive range of financial services, including banking, insurance, and mutual funds, through its subsidiaries.
It caters to various banking needs, encompassing commercial and investment banking, digital banking, and other retail services. The bank’s Treasury segment generates income from its investment portfolio, money market activities, and foreign exchange and derivatives trading.
ICICI Bank Ltd
The market capitalization of ICICI Bank Ltd is ₹7,44,878.90 crore. Its one-month average volume increased by 1.21%. The one-year return percentage is 26.38%. Currently, it is 0.82% away from its 52-week high. The stock holds a weightage of 21.67%.
ICICI Bank Limited, headquartered in India, offers various banking and financial services, including commercial banking and treasury operations.
It operates through six segments. Retail banking encompasses income from credit and debit cards, while wholesale banking includes advances to various entities. The treasury segment covers investments and derivatives.
State Bank of India
The Market Cap of the State Bank of India stands at ₹6,77,422.67 crore. Its one-month average volume is 22.15. Over the past year, it has achieved a return of 45.69%. Currently, it is 2.43% away from its 52-week high. The stock holds a weightage of 7.39%.
State Bank of India is an Indian banking and financial services provider offering a diverse range of products and services to individuals, businesses, corporations, public bodies, and institutions.
Its segments encompass Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business. The Treasury segment involves investment portfolio management and trading in foreign exchange and derivative contracts.
Bajaj Finance Ltd
The market capitalization of Bajaj Finance Ltd stands at ₹4,13,726.63 crore. Its one-month average volume experienced a decrease of -9.06%. The one-year return is 7.99%. Currently, it is 22.31% away from its 52-week high. The stock holds a weightage of 5.74%.
Bajaj Finance Ltd., headquartered in India, operates as a non-banking financial company (NBFC). It primarily focuses on lending and deposit-taking activities.
With a diverse lending portfolio catering to retail, SMEs, and commercial clients, it serves both urban and rural markets. Its product offerings encompass consumer finance, personal loans, deposits, rural lending, SME lending, and various partnership services.
Kotak Mahindra Bank Ltd
The market capitalization of Kotak Mahindra Bank Ltd is ₹3,42,713.09 crore. Its one-month average volume decreased by -4.44%. The one-year return stands at 0.99%. Currently, it is 19.74% away from its 52-week high. The stock holds a weightage of 8.07%.
Kotak Mahindra Bank Limited operates as a Non-Banking Financial company, primarily focusing on financing passenger cars, multi-utility vehicles, and providing inventory and term funding to car dealers. The company operates through three segments:
Vehicle Financing, Other Lending activities, and Treasury and Investment activities. In the Vehicle Financing segment, it engages in retail vehicle finance, wholesale dealer finance, and consumer durable finance.
Axis Bank Ltd
The market capitalization of Axis Bank Ltd is ₹3,38,406.09 crore. Its one-month average volume decreased by -1.92%. The one-year return stands at 29.90%. Currently, it is 5.02% away from its 52-week high. The stock holds a weightage of 8.90%.
Axis Bank Limited is an Indian company that operates in banking and financial services. Its segments comprise Treasury, Retail Banking, Corporate/Wholesale Banking, and Other Banking Business.
The Treasury segment handles investments, trading operations, and foreign exchange activities. Retail Banking offers various services, while Corporate/Wholesale Banking manages corporate relationships and related services. The Other Banking Business segment includes para-banking activities.
Bajaj Finserv Ltd
The market capitalization of Bajaj Finserv Ltd stands at ₹2,57,370.60 crore. Its one-month average volume experienced a slight decrease of -0.31%. The one-year return is 20.02%. Currently, it is 7.70% away from its 52-week high. The stock holds a weightage of 2.65%.
Bajaj Finserv Limited holds diverse financial services ventures, emphasizing finance, insurance, broking, and investments.
It leverages digital platforms through its subsidiaries and joint ventures. Additionally, it generates power from wind turbines, focusing on segments like life insurance, general insurance, windmill operations, retail financing, and investments.
SBI Life Insurance Company Ltd
The market capitalization of SBI Life Insurance Company Ltd is ₹1,53,125.53 crore. Its one-month average volume increased by 4.54%. The one-year return stands at 34.68%. Currently, it is 0.46% away from its 52-week high. The stock holds a weightage of 1.90%.
Based in India, SBI Life Insurance Company Limited provides life insurance services. The company operates across three segments: Participating, Non-Participating, and Linked.
The Participating segment offers various life, pension, and variable insurance plans. The Non-Participating segment covers a range of life, pension, savings, annuity, health, and variable insurance options. The LinkedIn segment includes individual, group, and pension schemes.
Power Finance Corporation Ltd
The market capitalization of Power Finance Corporation Ltd stands at ₹1,36,261.20 crore. Its one-month average volume decreased by -2.50%. The one-year return is 249.77%. Currently, it is 15.72% away from its 52-week high. The stock holds a weightage of 1.94%.
Power Finance Corporation Limited, headquartered in India, is a non-banking financial company.
Its primary focus lies in offering financial support to the power sector. The company provides fund-based products such as project term loans, lease financing, corporate loans, and non-fund-based products, including guarantees and letters of comfort. Additionally, it offers consultancy services and owns subsidiaries like REC Limited and PFC Consulting Ltd.
HDFC Life Insurance Company Ltd
The market capitalization of HDFC Life Insurance Company Ltd is ₹1,24,868.00 crore. Its one-month average volume decreased by -4.26%. The one-year return is 19.28%. Currently, it is 22.37% away from its 52-week high.
HDFC Life Insurance Company Ltd, headquartered in India, offers various individual and group insurance solutions nationwide. Its portfolio includes multiple insurance and investment products such as protection, pension, savings, investment, annuity, and health.
The company specializes in long-term savings, protection, retirement, and pension products. It operates in three segments: Participating (Par) segment offering endowment, savings cum protection, and pension plans; the non-participating (Non-Par) segment providing term protection, savings cum protection, immediate and deferred annuity, and health plans for both individual and group businesses; and unit-linked (UL) product offering Unit Linked Life and fund-based Pension plans for individual and group businesses.
Finnifty Stock – FAQ
Which stocks come under Finnifty?
The top five companies included in the Finnifty index based on market capitalization are HDFC Bank Ltd, ICICI Bank Ltd, State Bank of India, Bajaj Finance Ltd, and Kotak Mahindra Bank Ltd.
What is Finnifty trading?
Finnifty trading refers to trading financial instruments, such as derivatives or exchange-traded funds, linked to the Finnifty index’s performance on the National Stock Exchange (NSE) of India.
Which stock has a high weightage in Finnifty?
The top five stocks with the highest weightage in Finnifty are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Kotak Mahindra Bank Ltd, and State Bank of India.
Is Finnifty brokerage free?
Finnifty itself is an index and does not provide brokerage services. However, some brokerages may offer commission-free trading on instruments linked to the Finnifty index, such as ETFs or derivatives.
What is the difference between Bank Nifty and Finnifty?
Bank Nifty is an index that tracks the performance of the banking sector on India’s National Stock Exchange (NSE). It includes the stocks of the largest and most liquid Indian banking companies. The Nifty Financial Services Index mirrors the Indian financial market’s dynamics, encompassing banks, financial institutions, housing finance, insurance, and other financial services. It consists of 20 stocks on the National Stock Exchange (NSE).
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.