iThe current values are delayed, open demat account for live values.
Nifty MNC
Nifty MNC Performance
-
Open
26,001.20
-
High
26,047.80
-
Low
25,735.95
-
Prev Close
25,992.70
-
Dividend Yeild
2.12%
-
P/E
32.69
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 | ₹65250 Cr |
₹222.53
(2.23%)
|
7335969 | Automobile |
| SKF India Ltd | ₹18887 Cr |
₹3817.35
(3.4%)
|
33607 | Bearings |
| Bata India Ltd | ₹16678 Cr |
₹1298.1
(0.92%)
|
263860 | Leather |
| Abbott India Ltd | ₹61506 Cr |
₹29000
(1.42%)
|
12948 | Pharmaceuticals |
| Britannia Industries Ltd | ₹116371 Cr |
₹4831.9
(1.52%)
|
379290 | FMCG |
Nifty MNC Sector Performance
Top Performing
| Sector Name | Percentage Change |
|---|---|
| Ceramic Products | 0.01 |
| Dry cells | 2.46 |
| Real Estate Investment Trusts | 0.52 |
| Paints/Varnish | 0.6 |
Under Performing
| Sector Name | Percentage Change |
|---|---|
| Diamond, Gems and Jewellery | -1.56 |
| IT - Hardware | -0.49 |
| Leather | -0.67 |
| Healthcare | -0.4 |
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 | 14.53 | -0.15 (-1.02%) |
| Nifty 10 Yr Benchmark G-Sec | 2477.38 | -3.81 (-0.15%) |
| Nifty 10 Yr Benchmark G-Sec (Clean Price) | 893.06 | -1.58 (-0.18%) |
| Nifty 100 | 23274.05 | -137.35 (-0.59%) |
| Nifty 100 Alpha 30 Index | 16085.8 | -230.85 (-1.41%) |
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
- Feb 21, 2025
Indian stock markets ended in the red as key indices faced pressure from auto and financial stocks. The Sensex fell 424 points to close at 75,311, while the Nifty slipped 117 points to end at 22,795. The sell-off was led by the auto sector, which tanked 2.5% following reports of a potential reduction in import duties on EVs.
- Feb 21, 2025
The ownership structure of India Inc. is experiencing a significant transformation, with foreign portfolio investors (FPIs) reaching their lowest stake in NSE-listed companies in 13 years. In contrast, domestic mutual funds (MFs) and retail investors are making substantial gains.
- Feb 21, 2025
Amid reports of senior executives departing Tata Motors Ltd. ahead of its planned demerger, the company’s stock faced significant selling pressure during Friday’s early trading session. Tata Motors' share price opened lower at ₹686 per share on the NSE and quickly dropped to an intraday low of ₹673.30 within the first hour of trading.
- Feb 21, 2025
Regulated entities must cultivate the necessary capabilities to adapt to and adhere to evolving regulations, stated Rajeshwar Rao, deputy governor of the Reserve Bank of India (RBI), on February 21. As financial institutions increasingly adopt artificial intelligence (AI), cloud computing, and API-driven finance, the demand for strong governance frameworks and risk management strategies has never been more critical, he noted.
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- Apr 14, 2025
Nifty Prediction for 24th February Another weak day for the NIFTY as it falls 0.6% and closes marginally below 22800. Auto stocks corrected sharply on concerns over a new EV policy that could increase competition. M&M was the top loser at -6%. TATAMOTORS also corrected 2.5%. ADANIPORTS AND WIPRO were among the other top losers. On the other hand, HINDALCO, SBILIFE AND TATASTEEL bucked the trend and were up 2-2.5%. ADR was weak at 0.3 and indicates a broadbased correction.
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