The table below shows the Nifty High Beta 50 based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price |
State Bank of India | 739493.34 | 836.3 |
Adani Enterprises Ltd | 385884.68 | 3189.3 |
Tata Motors Ltd | 352184.77 | 961.8 |
Adani Ports and Special Economic Zone Ltd | 305897.28 | 1485.5 |
Adani Power Ltd | 272685.58 | 733.65 |
Indian Railway Finance Corp Ltd | 240460.51 | 176.32 |
JSW Steel Ltd | 221392.78 | 936.9 |
Tata Steel Ltd | 218274.55 | 179.94 |
DLF Ltd | 207963.31 | 856.1 |
Vedanta Ltd | 170976.94 | 469.95 |
Power Finance Corporation Ltd | 162249.5 | 482.3 |
Ambuja Cements Ltd | 156482.23 | 657.45 |
Hindalco Industries Ltd | 150601.96 | 684.5 |
REC Limited | 145893.78 | 510.5 |
Tata Power Company Ltd | 142895.58 | 438.7 |
Punjab National Bank | 139234.29 | 125.8 |
Bank of Baroda Ltd | 139083.79 | 279.35 |
Union Bank of India Ltd | 119465.93 | 145.91 |
IndusInd Bank Ltd | 112235.3 | 1527.15 |
Adani Total Gas Ltd | 107753.89 | 922.95 |
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Nifty High Beta 50 Meaning
The Nifty High Beta 50 Index comprises 50 stocks listed on the National Stock Exchange of India with the highest beta values over the past year. Beta measures a stock’s volatility relative to the market; thus, this index highlights companies that are more volatile and sensitive to market movements.
Features Of The Nifty High Beta 50
The main feature of the Nifty High Beta 50 is that it is designed to reflect the performance of the top 50 companies listed on the National Stock Exchange (NSE) of India that exhibit high beta values, indicating higher volatility compared to the broader market.
1. High Volatility: Companies in this index have high beta values, leading to greater price fluctuations.
2. Sector Diversity: The index includes companies from various sectors, offering a diversified investment approach.
3. Liquidity: Stocks in the index are typically highly liquid, allowing for easier trading and entry/exit from positions.
4. Market Cap: The index consists of companies with varying market capitalizations, from large caps to mid-caps.
5. Performance Indicator: The index serves as a benchmark for investors looking to gauge the performance of high-beta stocks within the Indian market.
Nifty High Beta 50 Stocks Weightage
The table below shows the Nifty High Beta 50 based on the Highest Weights.
Company’s Name | Weight(%) |
SJVN Ltd. | 3.06 |
National Aluminium Co. Ltd. | 2.82 |
Indian Railway Finance Corporation Ltd. | 2.77 |
NBCC (India) Ltd. | 2.68 |
Steel Authority of India Ltd. | 2.67 |
Housing & Urban Development Corporation | 2.6 |
RBL Bank Ltd. | 2.53 |
Vodafone Idea Ltd. | 2.52 |
Jaiprakash Power Ventures Ltd. | 2.41 |
Hindustan Copper Ltd. | 2.31 |
Nifty High Beta 50 Stocks List
The table below shows the Nifty High Beta 50 Stocks List based on the one-year return.
Name | Close Price | 1Y Return % |
Indian Railway Finance Corp Ltd | 176.32 | 433.49 |
REC Limited | 510.5 | 211.57 |
Power Finance Corporation Ltd | 482.3 | 188.72 |
Adani Power Ltd | 733.65 | 181.47 |
Punjab National Bank | 125.8 | 138.03 |
Union Bank of India Ltd | 145.91 | 105.94 |
Adani Ports and Special Economic Zone Ltd | 1485.5 | 98.21 |
Tata Power Company Ltd | 438.7 | 95.59 |
Jindal Steel And Power Ltd | 1077.25 | 84.62 |
DLF Ltd | 856.1 | 77.3 |
Vedanta Ltd | 469.95 | 67.09 |
Tata Motors Ltd | 961.8 | 65.43 |
Hindalco Industries Ltd | 684.5 | 62.61 |
Tata Steel Ltd | 179.94 | 57.98 |
State Bank of India | 836.3 | 47.66 |
Ambuja Cements Ltd | 657.45 | 46.72 |
Bank of Baroda Ltd | 279.35 | 41.01 |
Adani Total Gas Ltd | 922.95 | 40.74 |
Adani Enterprises Ltd | 3189.3 | 32.56 |
JSW Steel Ltd | 936.9 | 23.48 |
How To Buy Nifty High Beta 50?
To buy Nifty High Beta 50, open a demat and trading account with a broker, fund your account, search for an ETF or mutual fund tracking the index, and place a buy order. Monitor your investment regularly for performance and market conditions.
Advantages of Nifty High Beta 50
The main benefit of investing in the Nifty High Beta 50 index is the potential for higher returns due to its focus on high-beta stocks, which tend to exhibit more significant price movements in response to market changes, offering opportunities for substantial gains during bullish market phases.
1. Higher Volatility: High-beta stocks are more volatile, which can lead to higher returns in bullish markets.
2. Market Outperformance: These stocks often outperform the broader market during periods of economic expansion.
3. Diversification: The index includes a diverse range of sectors, providing broad exposure.
4. Growth Potential: High-beta companies are typically in growth phases, offering significant upside.
5. Liquidity: The index consists of well-traded stocks, ensuring high liquidity for investors.
Disadvantages of Nifty High Beta 50
The main disadvantage of Investing in the Nifty High Beta 50 is its high volatility, which can lead to significant price fluctuations and pose a higher risk for investors, making it unsuitable for those with a low-risk tolerance.
1. Market Sensitivity: High Beta stocks are more sensitive to market movements, leading to increased volatility and potential for larger losses during market downturns.
2. Economic Dependence: The performance of High Beta stocks is heavily dependent on economic conditions, which can be unpredictable and lead to unstable returns.
3. Limited Diversification: Focusing on High Beta stocks can result in a lack of diversification, increasing the risk exposure of an investor’s portfolio.
4. Potential for Overvaluation: High Beta stocks can become overvalued during bullish market phases, leading to potential corrections and losses.
5. Speculative Nature: Investing in High Beta stocks is often considered more speculative, attracting short-term traders rather than long-term investors, which can result in higher trading costs and lower overall returns.
Introduction to Top Nifty High Beta 50
State Bank of India
The Market Cap of the State Bank of India is Rs. 739493.34 crore. The stock’s monthly return is 2.81%. Its one-year return is 47.66%. The stock is 9.05% away from its 52-week high.
The State Bank of India is a banking and financial services provider headquartered in India. The company offers a diverse range of products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers. Its operations are divided into segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business. The Treasury segment focuses on investment and trading in foreign exchange and derivative contracts.
The Corporate/Wholesale Banking segment includes lending activities for corporate accounts, commercial clients, and stressed assets resolution. The Retail Banking Segment provides personal banking services, including lending activities for corporate customers with banking relationships with its branches.
Adani Enterprises Ltd
The Market Cap of Adani Enterprises Ltd is equivalent to Rs 385884.68 crore. The stock’s monthly return rate is 6.41%. Its one-year return rate is 32.56%. Currently, the stock is 17.39% away from its 52-week high.
Adani Enterprises Limited, headquartered in India, is a global integrated infrastructure company with diversified operations in various sectors. These include integrated resource management, mining services, commercial mining, new energy ecosystems, data centers, airports, roads, copper, digital services, and Fast-Moving Consumer Goods (FMCG).
The company’s business segments encompass integrated resources management, mining services, commercial mining, new energy ecosystems, airports, roads, and other ventures. Integrated resources management involves comprehensive procurement and logistics services. The mining segment undertakes service contracts for nine coal blocks producing over 100 million metric tons per annum. The company’s airport division focuses on airport construction, operations, and maintenance, while the new energy ecosystem specializes in cell and module manufacturing.
Tata Motors Ltd
The Market Cap of Tata Motors Ltd is Rs. 352184.77 crore. The stock’s monthly return is 2.58%. Its one-year return is 65.43%. The stock is 10.79% away from its 52-week high.
Tata Motors Limited is a worldwide car manufacturer with a broad product lineup that includes cars, SUVs, trucks, buses, and military vehicles. The company is divided into segments focusing on automotive operations and other activities.
Within the automotive segment, there are four sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. The company’s other operations involve IT services, machine tools, and factory automation solutions.
Adani Ports and Special Economic Zone Ltd
The Market Cap of Adani Ports & Special Economic Zone Ltd is Rs. 305897.28 crore. The stock’s monthly return is 9.50%. Its one-year return is 98.21%. The stock is 9.15% away from its 52-week high.
Adani Ports and Special Economic Zone Limited is an Indian company that focuses on integrated ports and logistics. The company is divided into two segments: Port and special economic zone (SEZ) activities, and Others.
The Port and SEZ activities segment involves the development, operation, and maintenance of port services, infrastructure related to ports, and infrastructure development within special economic zones. The Others segment primarily includes logistics, transportation, and utility services. Adani Ports offers a ports-to-logistics platform that includes port facilities and integrated logistics capabilities, such as multimodal logistics parks, high-quality warehouses, and industrial economic zones.
Adani Power Ltd
The Market Cap of Adani Power Ltd is Rs. 272685.58 crore. The stock’s monthly return is 17.19%. Its one-year return is 181.47%. The stock is 22.11% away from its 52-week high.
Adani Power Limited, a holding company, operates as a thermal power producer in India. It boasts a power generation capacity of about 12,450 megawatts (MW), including 12,410 MW from thermal power plants and a 40 MW solar power project. The company primarily emphasizes power generation services.
Indian Railway Finance Corp Ltd
The Market Cap of Indian Railway Finance Corp Ltd is Rs. 240,460.51 crore. The stock’s monthly return is -3.23%. Its one-year return is 433.49%. The stock is 13.43% away from its 52-week high.
Indian Railway Finance Corporation Limited, an India-based organization, serves as the financial arm of the Indian railways. Its primary operation falls under the Leasing and Finance segment. The company’s core activity involves securing funds from financial markets to support the acquisition or development of assets, which are then leased to the Indian Railways through finance leasing arrangements.
Its primary focus lies in financing the procurement of rolling stock assets, leasing railway infrastructure assets, and extending loans to entities under the Ministry of Railways (MoR). By utilizing a leasing model, it channels funds towards the acquisition of rolling stock and project assets for the Indian Railways. Moreover, the company extends financial support to MoR and other Railway Entities to facilitate their growth strategies.
JSW Steel Ltd
The Market Cap of JSW Steel Ltd is Rs. 221392.78 crore. The stock’s monthly return is 3.88%. Its one-year return is 23.48%. The stock is 0.76% away from its 52-week high.
JSW Steel Limited is a holding company based in India that focuses on the manufacturing and sale of iron and steel products. It operates integrated manufacturing facilities at Vijayanagar Works in Karnataka, Dolvi Works in Maharashtra, and Salem Works in Tamil Nadu, as well as a plate and coil mill division in Anjar, Gujarat.
The company produces a wide range of steel products, including hot rolled coils, cold rolled coils, galvanized and galvalume products, tinplate, electrical steel, TMT bars, wire rods, rails, grinding balls, and special steel bars. Their color-coated and roofing products are branded as JSW Radiance, JSW Colouron+, JSW Everglow, and JSW Pragati+, while their alloy-based sheets are known as JSW Vishwas and JSW Vishwas+.
Tata Steel Ltd
The Market Cap of Tata Steel Ltd is Rs. 218274.55 crores. The stock’s monthly return is 8.02%. Its one-year return is 57.98%. The stock is 2.59% away from its 52-week high.
Tata Steel Limited is an Indian global steel company with an annual crude steel capacity of around 35 million tons. The company’s main focus is on manufacturing and distributing steel products worldwide.
Tata Steel and its subsidiaries cover various aspects of the steel production process, starting from mining and refining iron ore and coal to the distribution of finished goods. Their product range includes various types of steel such as cold-rolled, BP sheets, Galvano, HR commercial, hot-rolled pickled and oiled, and high tensile steel strapping, among others.
DLF Ltd
The Market Cap of DLF Ltd is Rs. 207,963.31 crore. The stock’s monthly return is 2.85%. Its one-year return is 77.30%. The stock is 13.02% away from its 52-week high.
DLF Limited, an India-based company, primarily focuses on colonization and real estate development. The Company’s operations span the entire real estate development process, from land acquisition to project planning, construction, and marketing.
Additionally, the Company also provides leasing services, power generation, maintenance, hospitality, and recreational activities. Its residential properties range from luxury complexes to smart townships, while its office spaces offer a blend of office premises with dining and leisure options. DLF has developed around 27.96 million square meters of residential space and 4.2 million square feet of retail space.
Vedanta Ltd
The Market Cap of Vedanta Ltd is Rs 170976.94 crore. The stock’s monthly return is 2.92%. Its one-year return is 67.09%. The stock is 7.83% away from its 52-week high.
Vedanta Limited, an Indian-based natural resources company, operates in various sectors including oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminum, power, and glass substrate. The company’s diverse product line includes aluminum ingots, primary foundry alloys, wire rods, billets, and rolled products that serve industries such as power, transportation, construction, packaging, renewable energy, automobile, and aerospace.
Additionally, Vedanta produces iron ore and pig iron for use in steelmaking, construction, and infrastructure projects. The company also offers a variety of copper products, including copper rods, cathodes, and bars with wires used in transformers, electrical profiles, and cables. Vedanta sells crude oil to public and private refineries and supplies natural gas to the fertilizer industry and city gas distribution sector in India.
Nifty High Beta 50 – FAQs
The Nifty High Beta 50 is an index that comprises 50 stocks listed on the National Stock Exchange of India (NSE) with the highest beta values. Beta measures a stock’s volatility in relation to the overall market; a beta greater than 1 indicates higher volatility compared to the market. This index is designed to capture the performance of stocks that tend to experience larger price movements, making them more sensitive to market changes.
As the name suggests, the Nifty High Beta 50 index comprises 50 companies. These companies are selected based on their beta values, representing the stocks with the highest volatility relative to the overall market on the National Stock Exchange of India (NSE).
Highest Weightage In Nifty High Beta 50 # 1: SJVN Ltd.
Highest Weightage In Nifty High Beta 50 # 2: National Aluminium Co. Ltd.
Highest Weightage In Nifty High Beta 50 # 3: Indian Railway Finance Corporation Ltd.
Highest Weightage In Nifty High Beta 50 # 4: NBCC (India) Ltd.
Highest Weightage In Nifty High Beta 50 # 5: Steel Authority of India Ltd.
The top 5 stocks are based on Highest Weightage.
Investing in the Nifty High Beta 50 can be rewarding but comes with high risk due to its volatility. It’s suitable for aggressive investors seeking high returns and willing to withstand significant price fluctuations. Caution and thorough research are essential before investing in this index.
To buy Nifty High Beta 50, invest in ETFs or mutual funds tracking this index through a brokerage account. Alternatively, purchase individual stocks within the index. Research funds, select a brokerage, fund your account, and place an order for the chosen ETF, mutual fund, or individual stocks.
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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.