Nifty 50 has highest exposure to the financial sector (37.23%) and IT sector (17.41%). The stocks in Nifty 50 index is diversified across 13 sectors with the following allocation – Sector **2021 data is as on 30 th September 2021 Source: NSE India Sectoral Allocation of Nifty 50 Index 2021 *Green denotes increased weightage and red denotes decreased allocation. The table below shows the change in composition of Nifty 50 index between 1995 to 2021. This change in the stocks of Nifty 50 reflects the change in India’s economy from manufacturing to service-based. But today, IT sector has the second highest weightage of 17.41% in Nifty 50. Similarly, Information and Technology (IT) companies had no place in the index in 1995. In 1995, financial services sector had 19.70% weightage in the index. In fact, there has been a visible yet gradual change in the composition of the Nifty 50 index. The stocks in Nifty 50 index keeps on changing. Let us now look at the 50 companies that make up the Nifty 50.
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