It Sector Weightage
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IT Sector Weightage In Nifty 50 At 5-Year High
IT stocks: The weightage of the IT sector in benchmark Nifty 50 index has touched five-year highs of 15 per cent due to the recent rally in stocks such as TCS, Infosys and Wipro.
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Banking stocks set to emerge Street favourite after 3 years
The outperformance in banking stocks could provide fresh legs to the market rally because financial services have the biggest weightage (26 per cent) on the Nifty. In other words, the banking sector is the most influential sector on the Nifty and if it starts outperforming, the Nifty is bound to rise at a faster pace.
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IT Sector Weightage In Nifty 50 At 5-Year High
IT stocks: The weightage of the IT sector in benchmark Nifty 50 index has touched five-year highs of 15 per cent due to the recent rally in stocks such as TCS, Infosys and Wipro.
-
Banking stocks set to emerge Street favourite after 3 years
The outperformance in banking stocks could provide fresh legs to the market rally because financial services have the biggest weightage (26 per cent) on the Nifty. In other words, the banking sector is the most influential sector on the Nifty and if it starts outperforming, the Nifty is bound to rise at a faster pace.
