The table below shows the Nifty PSE based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
Life Insurance Corporation of India | 651316.64 | 1066.85 |
NTPC Ltd | 363576.50 | 368.45 |
Oil and Natural Gas Corporation Ltd | 356336.41 | 275.40 |
Hindustan Aeronautics Ltd | 345532.64 | 5200.55 |
Coal India Ltd | 308752.69 | 486.95 |
Power Grid Corporation of India Ltd | 296503.25 | 321.50 |
Indian Oil Corporation Ltd | 238366.50 | 170.36 |
Bharat Electronics Ltd | 217246.63 | 309.60 |
Power Finance Corporation Ltd | 162249.50 | 510.05 |
REC Limited | 145893.78 | 532.65 |
Bharat Petroleum Corporation Ltd | 141890.82 | 626.65 |
GAIL (India) Ltd | 134427.50 | 221.83 |
Bharat Heavy Electricals Ltd | 106429.27 | 305.70 |
NHPC Ltd | 102911.38 | 102.59 |
Indian Railway Catering And Tourism Corporation Ltd | 88724.00 | 1018.20 |
NMDC Ltd | 78510.93 | 267.40 |
Hindustan Petroleum Corp Ltd | 77091.01 | 536.30 |
Oil India Ltd | 71776.78 | 699.45 |
Steel Authority of India Ltd | 70012.40 | 153.63 |
Container Corporation of India Ltd | 67196.03 | 1139.85 |
To know more about the Nifty PSE, refer to: Nifty PSE.
Content:
Nifty PSE Meaning
Nifty PSE refers to the Nifty Public Sector Enterprises (PSE) Index, representing the performance of public sector companies listed on the National Stock Exchange (NSE) in India. These companies are predominantly owned by the government and span various sectors like energy, finance, and manufacturing.
Public sector enterprises play a vital role in India’s economy by driving industrial growth and infrastructure development. They often enjoy significant market dominance and government support, which can provide stability and growth opportunities for investors.
Investing in Nifty PSE offers exposure to well-established companies with a track record of steady performance. However, these stocks can be influenced by government policies and economic conditions, necessitating careful analysis before investing.
Features Of The Nifty PSE
The main features of the Nifty PSE Index include its composition of government-owned companies across diverse sectors, high market capitalization, and significant influence on India’s economic policies and infrastructure development.
- Key Components: The Nifty PSE Index consists of top public sector enterprises based on market capitalization and liquidity. This ensures the representation of large, well-performing companies in the index.
- Sectoral Diversity: The index spans various sectors, including energy, finance, and manufacturing, providing a diversified investment portfolio and reducing sector-specific risks.
- Government Ownership: With significant government ownership, companies in the Nifty PSE Index often enjoy support in terms of policy-making, financial aid, and market monopoly, which can provide stability and growth potential.
Nifty PSE Weightage
The table below shows the Nifty PSE based on the Highest Weights.
Company Name | Weight (%) |
NTPC Ltd. | 13.59 |
Power Grid Corporation of India Ltd. | 11.4 |
Bharat Electronics Ltd. | 8.28 |
Coal India Ltd. | 8.15 |
Oil & Natural Gas Corporation Ltd. | 8.08 |
Hindustan Aeronautics Ltd. | 7.45 |
Power Finance Corporation Ltd. | 5.32 |
REC Ltd. | 4.91 |
Indian Oil Corporation Ltd. | 4.6 |
Bharat Petroleum Corporation Ltd. | 4.48 |
Nifty PSE Stocks
The table below shows the Nifty PSE Stocks based on the 1-year return.
Name | Close Price (rs) | 1Y Return (%) |
Bharat Heavy Electricals Ltd | 305.70 | 264.58 |
REC Limited | 532.65 | 246.55 |
Power Finance Corporation Ltd | 510.05 | 217.10 |
Hindustan Aeronautics Ltd | 5200.55 | 179.93 |
Oil India Ltd | 699.45 | 176.35 |
Bharat Electronics Ltd | 309.60 | 155.02 |
NMDC Ltd | 267.40 | 145.43 |
NHPC Ltd | 102.59 | 125.97 |
Coal India Ltd | 486.95 | 112.69 |
GAIL (India) Ltd | 221.83 | 106.93 |
NTPC Ltd | 368.45 | 96.82 |
Hindustan Petroleum Corp Ltd | 536.30 | 94.38 |
Indian Oil Corporation Ltd | 170.36 | 82.89 |
Steel Authority of India Ltd | 153.63 | 81.27 |
Life Insurance Corporation of India | 1066.85 | 79.00 |
Oil and Natural Gas Corporation Ltd | 275.40 | 74.47 |
Power Grid Corporation of India Ltd | 321.50 | 73.90 |
Container Corporation of India Ltd | 1139.85 | 72.10 |
Bharat Petroleum Corporation Ltd | 626.65 | 67.76 |
Indian Railway Catering And Tourism Corporation Ltd | 1018.20 | 58.23 |
How To Buy Nifty PSE Stocks?
To invest in Nifty PSE stocks, you need a brokerage account. Once you have an account, you can purchase individual stocks within the index or invest through exchange-traded funds (ETFs) that track the Nifty PSE.
Open a brokerage account if you don’t already have one. Research and select a broker that offers a range of investment options, low fees, and a user-friendly platform. Analyze the companies within the Nifty PSE Index. Look at their financial health, historical performance, and future growth potential to make informed decisions on which stocks to buy.
Finally, decide whether to buy individual stocks or invest through ETFs. ETFs offer diversification and lower risk by spreading investments across multiple companies within the Nifty PSE, making them a popular choice for many investors.
Advantages of Nifty PSE Stocks
The main advantage of investing in Nifty PSE stocks is the stability and growth potential offered by government-backed companies. These stocks often provide steady returns, dividend payouts, and lower risk compared to private sector counterparts.
- Government Support: Public sector enterprises typically receive government support in terms of financial aid, policy benefits, and market dominance, ensuring stability and growth opportunities.
- Dividend Payouts: Many Nifty PSE companies have a history of paying regular dividends, providing investors with a steady income stream in addition to capital appreciation.
- Economic Impact: Investing in Nifty PSE stocks means contributing to sectors that significantly impact India’s economy, such as infrastructure, energy, and finance, fostering overall economic development.
Disadvantages of Nifty PSE Stocks
The main disadvantage of Nifty PSE stocks is their susceptibility to government policy changes and economic conditions. These factors can impact the performance and profitability of public sector enterprises, affecting investor returns.
- Policy Changes: Government policies and regulations can significantly influence the operations and profitability of public sector enterprises, making them vulnerable to political decisions.
- Limited Growth: Some public sector enterprises may face limited growth opportunities compared to private sector companies due to bureaucratic processes and less competitive pressure.
- Market Volatility: Nifty PSE stocks can be affected by market volatility and economic downturns, potentially leading to fluctuations in stock prices and impacting investor returns.
Introduction to Top PSE Stocks
Life Insurance Corporation of India
The Market Cap of Life Insurance Corporation of India is ₹6,51,316.64 crores. Its monthly return is 10.87%, and its 1-year return is 79.00%. The stock is 10.14% away from its 52-week high.
Life Insurance Corporation of India is an insurance company providing various individual and group insurance solutions. It offers products such as protection, pension, savings, investment, annuity, health, and variable plans. Its insurance plans include Saral Jeevan Bima, Saral Pension, Arogya Rakshak, Dhan Rekha, and Bima Jyoti.
LIC has approximately 44 products, comprising 33 individual products and 11 group products. The company operates in various segments, including life insurance, pension, annuity, health, and unit-linked plans. It caters to both participating and non-participating lines of business.
NTPC Ltd
The Market Cap of NTPC Ltd is ₹3,63,576.50 crores. Its monthly return is 4.71%, and its 1-year return is 96.82%. The stock is 6.72% away from its 52-week high.
NTPC Limited is a power-generating company primarily involved in the generation and sale of bulk power to state power utilities. It operates 89 power stations across India, either independently or through joint ventures and subsidiaries. Its segments include Generation and Others.
NTPC’s other segment focuses on consultancy, project management, energy trading, oil & gas exploration, and coal mining. Subsidiaries include NTPC Vidyut Vyapar Nigam Limited, NTPC Electric Supply Company Limited, and NTPC Green Energy Limited.
Oil and Natural Gas Corporation Ltd
The Market Cap of Oil and Natural Gas Corporation Ltd is ₹3,56,336.41 crores. Its monthly return is 2.58%, and its 1-year return is 74.47%. The stock is 6.37% away from its 52-week high.
Oil and Natural Gas Corporation Limited engages in crude oil and natural gas exploration and production. It operates in segments like Exploration and Production, and Refining and Marketing. The company also has interests in downstream activities, petrochemicals, power generation, LNG supply, and pipeline transportation.
ONGC’s products and services include crude oil, natural gas, and LPG. It operates both onshore and offshore in India and has international exploration ventures. Its subsidiaries include Mangalore Refinery and Petrochemicals Limited and Hindustan Petroleum Corporation Limited.
Hindustan Aeronautics Ltd
The Market Cap of Hindustan Aeronautics Ltd is ₹3,45,532.64 crores. Its monthly return is 27.05%, and its 1-year return is 179.93%. The stock is 4.68% away from its 52-week high.
Hindustan Aeronautics Limited designs, develops, manufactures, and services aircraft, helicopters, aero engines, and aerospace structures. Its products include HAWK, light combat aircraft (LCA), SU-30 MKI, and helicopters like Dhruv, Cheetah, and Chetak.
HAL offers avionics products such as inertial navigation systems and flight data recorders. Its services include aircraft maintenance, repair, overhaul (MRO), and power plant services, catering to both defense and civil sectors.
Coal India Ltd
The Market Cap of Coal India Ltd is ₹3,08,752.69 crores. Its monthly return is 8.47%, and its 1-year return is 112.69%. The stock is 8.31% away from its 52-week high.
Coal India Ltd. operates in coal mining with subsidiaries across 83 mining areas in India. It manages 322 mines, including underground, opencast, and mixed mines, alongside workshops, hospitals, and training institutes.
Coal India has 11 wholly-owned subsidiaries, including Eastern Coalfields Limited, Bharat Coking Coal Limited, and Mahanadi Coalfields Limited. It also manages the Indian Institute of Coal Management for training.
Power Grid Corporation of India Ltd
The Market Cap of Power Grid Corporation of India Ltd is ₹2,96,503.25 crores. Its monthly return is 4.01%, and its 1-year return is 73.90%. The stock is 8.46% away from its 52-week high.
Power Grid Corporation of India Limited plans, implements, operates, and maintains inter-state transmission systems. It operates in Transmission Services, Consultancy Services, and Telecom Services, providing bulk power transmission and consultancy in the power sector.
The company also offers telecom services using spare optical fibers from its transmission network. Its Smart Grid technology enables real-time monitoring and control of the power system.
Indian Oil Corporation Ltd
The Market Cap of Indian Oil Corporation Ltd is ₹2,38,366.50 crores. Its monthly return is 5.86%, and its 1-year return is 82.89%. The stock is 15.52% away from its 52-week high.
Indian Oil Corporation Limited operates in Petroleum Products, Petrochemicals, and Other Business Activities. It spans the hydrocarbon value chain from refining to marketing, and exploration to alternative energy sources.
Indian Oil has a network of fuel stations, storage terminals, aviation fuel stations, LPG bottling plants, and lube blending plants. It owns and operates nine refineries across India and has subsidiaries like Chennai Petroleum Corporation Limited and Lanka IOC PLC.
Bharat Electronics Ltd
The Market Cap of Bharat Electronics Ltd is ₹2,17,246.63 crores. Its monthly return is 32.29%, and its 1-year return is 155.02%. The stock is 4.33% away from its 52-week high.
Bharat Electronics Limited manufactures and supplies electronic equipment for defense and non-defense markets. Defense products include navigation systems, land-based radars, and avionics, while non-defense products cover cyber security, e-mobility, and e-governance systems.
BEL also offers electronic manufacturing services and optical products, providing comprehensive solutions for defense and civilian applications. Its services extend to the design and manufacture of optical components and modules.
Power Finance Corporation Ltd
The Market Cap of Power Finance Corporation Ltd is ₹1,62,249.50 crores. Its monthly return is 19.47%, and its 1-year return is 217.10%. The stock is 9.60% away from its 52-week high.
Power Finance Corporation Limited provides financial assistance to the power sector, offering products like project-term loans, lease financing, and short/medium-term loans. Non-fund-based products include guarantees and letters of comfort.
PFC also offers consultancy and advisory services in financial, regulatory, and capacity building. Its subsidiaries include REC Limited and PFC Consulting Ltd.
REC Limited
The Market Cap of REC Limited is ₹1,45,893.78 crores. Its monthly return is -0.08% and its 1-year return is 246.55%. The stock is 14.11% away from its 52-week high.
REC Limited finances infrastructure in the power sector, offering long-term, medium-term, and short-term loans, equity financing, and debt refinancing. It supports projects in the power, logistics, and infrastructure sectors.
REC’s financial products include loans for equipment manufacturing, coal mines, and revolving bill payment facilities. It also acts as a nodal agency for various Government of India schemes.
Nifty PSE – FAQs
Nifty PSE, or Nifty Public Sector Enterprises, is an index that represents the performance of public sector companies listed on the National Stock Exchange (NSE) of India. These companies are predominantly owned by the government and span various sectors.
The Nifty PSE Index comprises a total of 20 companies. These companies are selected based on their market capitalization and liquidity, ensuring that the index represents the largest and most liquid public sector enterprises.
Highest Weightage In Nifty PSE # 1: NTPC Ltd.
Highest Weightage In Nifty PSE # 2: Power Grid Corporation of India Ltd.
Highest Weightage In Nifty PSE # 3: Bharat Electronics Ltd.
Highest Weightage In Nifty PSE # 4: Coal India Ltd.
Highest Weightage In Nifty PSE # 5: Oil & Natural Gas Corporation Ltd.
The top 5 stocks are based on Highest Weightage.
Investing in Nifty PSE stocks can be beneficial due to their stability and government backing. However, their performance is closely tied to government policies and economic conditions, which can introduce volatility. Careful analysis and diversification are recommended for potential investors.
To buy Nifty PSE stocks, open a brokerage account, research the companies within the index, and decide on individual stocks or ETFs. Use the brokerage platform to purchase shares, considering factors like market conditions and your investment strategy.
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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.