In the Nifty Total Market Index, the top-performing stocks based on 1-year returns include Bharti Airtel Ltd with an 80.85% return, Life Insurance Corporation of India with 49.90%, and ICICI Bank Ltd with 33.61%. Other notable performers include Infosys Ltd with a 32.04% return and State Bank of India with 31.70%, indicating strong gains in the telecom, insurance, and banking sectors within the broader Indian equity market.
The table below shows the nifty total market index based on the highest market capitalisation and 1-year return.
| Stock Name | Close Price ₹ | Market Cap (In Cr) | 1Y Return % |
| Reliance Industries Ltd | 2929.65 | 1985700.07 | 26.38 |
| Tata Consultancy Services Ltd | 4232.75 | 1554085.59 | 20.46 |
| HDFC Bank Ltd | 1726.20 | 1319503.3 | 14.47 |
| Bharti Airtel Ltd | 1673.45 | 1019229.24 | 80.85 |
| ICICI Bank Ltd | 1256.35 | 899522.51 | 33.61 |
| Infosys Ltd | 1893.40 | 788762.78 | 32.04 |
| State Bank of India | 794.10 | 712478.33 | 31.70 |
| Hindustan Unilever Ltd | 2893.35 | 688151.04 | 17.19 |
| ITC Ltd | 512.75 | 646760.01 | 16.60 |
| Life Insurance Corporation Of India | 967.35 | 632531.4 | 49.90 |
Introduction to Nifty Total Market Stocks
Reliance Industries Ltd
The Market Cap of Reliance Industries Ltd is Rs. 1,985,700.07 crores. The stock’s monthly return is -3.38%. Its one-year return is 26.38%. The stock is 9.83% away from its 52-week high.
Reliance Industries Limited is a company based in India that is involved in various activities such as hydrocarbon exploration and production, petroleum refining, marketing, petrochemicals, advanced materials, composites, renewables, retail, and digital services. The company operates in segments including Oil to Chemicals (O2C), Oil and Gas, Retail, and Digital Services.
The O2C segment comprises refining, petrochemicals, fuel retailing, aviation fuel, bulk wholesale marketing, transportation fuels, polymers, polyesters, and elastomers. Its assets in the O2C business include aromatics, gasification, multi-feed and gas crackers, downstream manufacturing facilities, logistics, and supply-chain infrastructure.
Tata Consultancy Services Ltd
The Market Cap of Tata Consultancy Services Ltd is Rs. 1,554,085.59 crores. The stock’s monthly return is -5.37%. Its one-year return stands at 20.46%. The stock is currently 8.49% away from its 52-week high.
Tata Consultancy Services Limited (TCS) is an Indian company that offers information technology (IT) services, consulting, and business solutions. It serves various industries including Banking, Capital Markets, Consumer Goods and Distribution, Communications, Media, and Information Services, Education, Energy, Resources, and Utilities, Healthcare, High Tech, Insurance, Life Sciences, Manufacturing, Public Services, Retail, and Travel and Logistics.
Its services encompass Cloud, Cognitive Business Operations, Consulting, Cybersecurity, Data and Analytics, Enterprise Solutions, IoT and Digital Engineering, Sustainability Services, TCS Interactive, TCS and AWS Cloud, TCS Enterprise Cloud, TCS and Google Cloud, as well as TCS and Microsoft Cloud.
HDFC Bank Ltd
The Market Cap of HDFC Bank Ltd is Rs. 1,319,503.30 crores. The stock’s monthly return is 5.80%. Its one-year return is 14.47%. The stock is 3.93% away from its 52-week high.
HDFC Bank Limited, a financial services conglomerate, offers a wide range of financial services including banking, insurance, and mutual funds through its subsidiaries. The bank provides various services such as commercial and investment banking, branch banking, and digital banking. Its Treasury segment comprises revenue from interest on investments, money market activities, gains or losses from investment operations, and trading in foreign exchange and derivatives.
The Retail Banking segment focuses on digital services and other retail banking activities, while the Wholesale Banking segment caters to large corporates, public sector units, and financial institutions by providing loans, non-fund facilities, and transaction services.
Bharti Airtel Ltd
The Market Cap of Bharti Airtel Ltd is Rs. 1,019,229.24 crores. The stock’s monthly return is 7.88%. Its one-year return is 80.85%. The stock is 6.31% away from its 52-week high.
Bharti Airtel Limited is an international telecommunications company that operates in five key sectors: Mobile Services, Homes Services, Digital TV Services, Airtel Business, and South Asia. In India, the Mobile Services segment offers voice and data telecommunications using 2G, 3G, and 4G technologies.
The Digital TV Services segment includes standard and HD digital TV services with 3D features and Dolby surround sound, offering a total of 706 channels, including 86 HD channels, 4 international channels, and 4 interactive services. Airtel Business specializes in providing information and communications technology (ICT) services to various entities such as enterprises, governments, carriers, and small to medium businesses.
ICICI Bank Ltd
The Market Cap of ICICI Bank Ltd is Rs. 899,522.51 crores. The stock’s monthly return is 3.78%. Its one-year return is 33.61%. The stock is 8.44% away from its 52-week high.
ICICI Bank Limited, an India-based banking company, offers a variety of banking and financial services through its six segments. These segments include retail banking, wholesale banking, treasury operations, other banking activities, life insurance, and other ventures. The bank also operates both domestically and internationally through its geographical segments.
Infosys Ltd
The Market Cap of Infosys Ltd is Rs. 788,762.78 crores. The stock’s monthly return is -3.03%. Its one-year return is 32.04%. The stock is 4.35% away from its 52-week high.
Infosys Limited is a company based in India that offers consulting, technology, outsourcing, and digital services. Its business segments cover areas such as Financial Services, Retail, Communication, Energy, Utilities, Resources, Services, Manufacturing, Hi-Tech, and Life Sciences. The remaining segments encompass various businesses in India, Japan, China, Infosys Public Services, and other public service enterprises.
The company’s core services consist of application management, proprietary application development, validation solutions, product engineering and management, infrastructure management, enterprise application integration and support. Infosys also offers various products and platforms including Finacle, Edge Suite, Panaya, Equinox, Helix, Applied AI, Cortex, Stater digital platform, and McCamish, among others. Furthermore, Infosys operates Danske Bank’s IT center in India.
State Bank of India
The Market Cap of the State Bank of India is Rs. 712,478.33 crores. The stock’s monthly return is -3.04%. Its one-year return is 31.70%. The stock is 14.85% 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.
Hindustan Unilever Ltd
The Market Cap of Hindustan Unilever Ltd is Rs. 688,151.04 crores. The stock’s monthly return is 4.98%. Its one-year return stands at 17.19%. Additionally, the stock is currently 4.90% away from its 52-week high.
Hindustan Unilever Limited, an Indian consumer goods company, operates across five key segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. Within the Beauty & Wellbeing segment, the company focuses on selling hair care, and skin care, including Prestige Beauty and Health & Wellbeing products. The Personal Care segment covers skin cleansing, deodorant, and oral care products.
ITC Ltd
The Market Cap of ITC Ltd is Rs. 646,760.01 crores. The stock’s monthly return is 1.21%. Its one-year return is 16.60%. The stock is 3.07% away from its 52-week high.
ITC Limited, a holding company based in India, operates through several segments. These segments include Fast Moving Consumer Goods (FMCG), Hotels, Paperboards, Paper and Packaging, and Agri-Business. In the FMCG segment, the company offers a variety of products such as cigarettes, cigars, personal care items, safety matches, and packaged foods like staples, snacks, dairy products, and beverages.
The Paperboards, Paper, and Packaging segment focuses on specialty paper and packaging solutions. The Agri-Business segment deals with various agricultural commodities like wheat, rice, spices, coffee, soya, and leaf tobacco. ITC’s Hotel segment comprises six distinct brands with over 120 properties, catering to different market segments including luxury, lifestyle, premium, mid-market, upscale, and leisure and heritage.
Life Insurance Corporation Of India
The Market Cap of Life Insurance Corporation of India is Rs. 632,531.40 crores. The stock’s monthly return is -6.01%. Its one-year return is 49.90%. The stock is 26.32% away from its 52-week high.
Life Insurance Corporation of India (LIC) is an insurance company headquartered in India that provides life insurance services both domestically and internationally. LIC offers a variety of insurance solutions for individuals and groups, including participating, non-participating, and unit-linked options.
The company’s product portfolio includes a range of insurance and investment products such as protection, pension, savings, investment, annuity, health, and variable products. LIC is organized into different segments such as Life Individual, Participating Pension Individual, Participating Annuity Individual, Non-Participating Life (Individual & Group), Non-Participating Pension (Individual & Group), Non-Participating Annuity Individual, Non-Participating Variable Individual, Non-Participating Health Individual, and Non-Participating Unit Linked.
What is the Nifty Total Market?
The Nifty Total Market represents a broad spectrum of the Indian equity market, encompassing various sectors and companies. It provides a comprehensive overview of the market by including large, mid, and small-cap stocks, which enables investors to gauge overall market performance.
This index serves as a benchmark for investors seeking to understand market dynamics and trends. By integrating diverse sectors, the Nifty Total Market reflects the economic landscape, allowing for more informed investment decisions. It is crucial for assessing the health of the broader market.
Nifty Total Market Weightage
The table below shows the nifty total market weightage.
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 6.38 |
| Reliance Industries Ltd. | 4.86 |
| ICICI Bank Ltd. | 4.36 |
| Infosys Ltd. | 3.28 |
| ITC Ltd. | 2.34 |
| Bharti Airtel Ltd. | 2.23 |
| Tata Consultancy Services Ltd. | 2.12 |
| Larsen & Toubro Ltd. | 2.10 |
| Axis Bank Ltd. | 1.71 |
| State Bank of India | 1.47 |
Nifty Total Market Stocks List Based On 1M Return
The table below shows the nifty total market stocks list based on 1 month’s return.
| Stock Name | Close Price ₹ | 1M Return % |
| Bharti Airtel Ltd | 1673.45 | 7.88 |
| HDFC Bank Ltd | 1726.20 | 5.8 |
| Hindustan Unilever Ltd | 2893.35 | 4.98 |
| ICICI Bank Ltd | 1256.35 | 3.78 |
| ITC Ltd | 512.75 | 1.21 |
| Infosys Ltd | 1893.40 | -3.03 |
| State Bank of India | 794.10 | -3.04 |
| Reliance Industries Ltd | 2929.65 | -3.38 |
| Tata Consultancy Services Ltd | 4232.75 | -5.37 |
| Life Insurance Corporation Of India | 967.35 | -6.01 |
Nifty Total Market Index Based On Dividend Yield
The table below shows the nifty total market index based on dividend yield.
| Stock Name | Close Price ₹ | Dividend Yield % |
| ITC Ltd | 512.75 | 2.65 |
| Infosys Ltd | 1893.40 | 2.41 |
| Tata Consultancy Services Ltd | 4232.75 | 1.7 |
| Hindustan Unilever Ltd | 2893.35 | 1.43 |
| HDFC Bank Ltd | 1726.20 | 1.12 |
| Life Insurance Corporation Of India | 967.35 | 1.0 |
| ICICI Bank Ltd | 1256.35 | 0.78 |
| Bharti Airtel Ltd | 1673.45 | 0.44 |
| Reliance Industries Ltd | 2929.65 | 0.34 |
How is the Nifty Total Market Index Value Calculated?
The Nifty Total Market Index Value is determined through a method that aggregates the market capitalization of all eligible securities within the index. This approach ensures that the value reflects the overall market performance of diversified segments across various sectors.
To calculate the index value, the total market capitalization of the included stocks is divided by a base market capitalization, resulting in a figure that represents the current market status. This methodology helps investors understand the performance trends and the health of the entire market landscape.
How stocks are Selected for the Nifty Total Market Index?
The process of selecting stocks for the Nifty Total Market Index involves evaluating a diverse range of companies across different sectors. This ensures the index represents the overall market performance by including stocks based on factors such as market capitalization, liquidity, and trading volume.
The goal of the selection process is to create a balanced and comprehensive index that reflects the entirety of the market. By incorporating various businesses, the index provides investors with a broader view of market trends and dynamics, making it a valuable tool for assessment and investment decisions.
History of the Nifty Total Market
The Nifty Total Market index was launched by the National Stock Exchange (NSE) to provide a broad measure of the Indian stock market. It tracks the performance of all listed companies, representing a comprehensive view of market capitalization across various sectors.
Initially introduced to include large and mid-cap stocks, the index gradually expanded to cover small-cap companies as well. This evolution reflects the growing diversity and dynamism of India’s equity market, offering investors broader exposure and better insight into the overall market trends.
Key Factors of Nifty Total Market Index Performance
The key factor of the Nifty Total Market Index performance is market capitalization weightage.
The index includes companies from various market sizes, giving more weight to larger companies. This ensures that the performance reflects the overall market trends, heavily influenced by large-cap movements.
- Sectoral Distribution: Nifty Total Market Index spans multiple sectors, including finance, technology, and manufacturing. Its performance often mirrors sectoral growth or decline, providing a more holistic view of the economy’s health and sector rotation.
- Economic Conditions: The index is sensitive to macroeconomic factors like GDP growth, inflation, and interest rates. Positive economic conditions typically boost index performance, while downturns may suppress overall returns and company earnings.
- Corporate Earnings: Company profitability plays a key role in the index’s movement. Rising earnings contribute to positive price momentum across the index, making earnings season an important period for influencing market direction.
- Foreign Institutional Investments (FIIs): Inflows or outflows from FIIs significantly impact the index. Increased foreign investment supports higher market valuations, while sell-offs by these large investors may lead to downward pressure on the overall index.
Benefits of Investing in the Nifty Total Market
The primary benefit of investing in the Nifty Total Market is broad market representation.
The Nifty Total Market index encompasses companies across all market capitalizations, offering exposure to large, mid, and small-cap stocks, thereby balancing risk and return effectively through its diversified portfolio.
- Low-Cost Investment: Investing in the Nifty Total Market typically comes with lower costs, as it includes passive funds like ETFs. This helps investors minimize fees while gaining comprehensive market exposure.
- Market Stability: With its mix of various sectors and industries, the index tends to stabilize during market fluctuations, as losses in one sector may be offset by gains in another, reducing overall volatility.
- Long-Term Growth Potential: The index covers growing industries and established companies, allowing investors to benefit from long-term appreciation. It captures the upward momentum of emerging sectors alongside the stability of larger firms.
- Transparency and Liquidity: As the Nifty Total Market index is widely tracked and traded, it offers high liquidity and transparency, enabling investors to easily buy or sell shares and stay informed about market performance.
Risks of Investing in the Nifty Total Market Index
The main risk of investing in the Nifty Total Market Index is Economic Sensitivity. The Nifty Total Market Index is closely linked to the overall economy, making it vulnerable during economic slowdowns or recessions, which can negatively impact returns and lead to volatile market performance.
- Sector Overexposure: While diversified, certain sectors might have more weight in the index, leading to overexposure to a few industries. This concentration risk can cause disproportionate losses if those sectors underperform.
- Interest Rate Fluctuations: Changes in interest rates can heavily affect the Nifty Total Market Index, as rising rates may increase borrowing costs for companies, impacting their profits and, subsequently, stock prices, lowering overall returns.
- Foreign Investment Dependency: A high level of foreign investments in Indian markets means the Nifty Total Market Index may face instability when global investors withdraw capital during geopolitical or economic uncertainties, leading to sudden market declines.
- Regulatory Risks: The Nifty Total Market Index is also exposed to regulatory changes, as new policies or government actions can directly impact specific sectors or companies, causing fluctuations in their stock prices and affecting the index’s performance.
How to invest in Nifty Total Market Index?
Investing in the Nifty Total Market Index involves a few steps. Begin by researching the index to understand its composition and objectives. Then, consider using a brokerage platform like Alice Blue to facilitate your investment. Open an account with them and complete the KYC process. After your account is set up, you can invest in index funds or ETFs that track the Nifty Total Market Index.
What are the tax implications of investing in Nifty Total Market Index?
Investing in the Nifty Total Market Index involves specific tax implications for investors. Capital gains tax applies when selling investments in the index. Short-term capital gains (STCG) tax at 15% applies to gains from holdings sold within a year, while long-term capital gains (LTCG) over ₹1 lakh are taxed at 10% without indexation benefits.
Additionally, dividend income from the stocks in the index is subject to taxation as per the investor’s income tax slab. Understanding these tax liabilities is essential for effective portfolio management, as they can significantly impact overall investment returns.
Future of Nifty Total Market
The future of the Nifty Total Market Index looks promising as it reflects the overall performance of India’s equity market. Its comprehensive approach provides a broader perspective on market trends, attracting a diverse range of investors and fostering confidence in economic growth.
As more companies are included and the market evolves, the index is likely to capture emerging sectors and opportunities. Continuous advancements in technology and a shift towards sustainability will likely drive innovation, further enhancing the market’s appeal and supporting long-term investment strategies.
FAQs – Nifty Total Market Index
Nifty Total Market Stocks represent a comprehensive selection of companies listed on the National Stock Exchange (NSE) in India. This index includes large, mid, and small-cap stocks, providing a broad overview of the Indian equity market’s performance. It aims to reflect the overall market dynamics effectively.
The Best Nifty Total Market Stocks #1: Reliance Industries Ltd
The Best Nifty Total Market Stocks #2: Tata Consultancy Services Ltd
The Best Nifty Total Market Stocks #3: HDFC Bank Ltd
The Best Nifty Total Market Stocks #4: Bharti Airtel Ltd
The Best Nifty Total Market Stocks #5: ICICI Bank Ltd
The top 5 stocks are based on market capitalization.
The objective of the Nifty Total Market is to provide a holistic representation of the Indian equity market by encompassing a diverse range of stocks across various sectors and market capitalizations. This index aims to facilitate better investment decisions, portfolio diversification, and a comprehensive benchmark for market performance analysis.
The Nifty Total Market works by tracking the performance of a broad set of stocks listed on the National Stock Exchange. It uses a free-float market capitalization methodology, allowing investors to gauge overall market trends, assess individual stock performance, and create diversified portfolios based on market movements.
The Nifty Total Market is governed by the National Stock Exchange (NSE) of India. This exchange oversees the index’s composition, ensuring it accurately reflects the performance of the broader Indian equity market by including a diverse range of stocks. Ultimately, the NSE manages the index by setting its rules and criteria for inclusion. This includes regular reviews and adjustments to maintain relevance and representation of various sectors, safeguarding that the Nifty Total Market remains a reliable benchmark for investors.
Nifty Total Market Index (Nifty TMI) was launched on January 1, 2020, making it approximately 4 years old as of now. The index aims to provide a comprehensive representation of the Indian equity market by including a broad range of stocks from various sectors and market capitalizations.
Investing in Nifty Total Market stocks in India involves several steps. First, create an account with a broker like Alice Blue. Next, research the Nifty Total Market Index to identify the top-performing stocks. Then, use the broker’s platform to purchase these stocks. Finally, monitor your investments regularly to make informed decisions and adjust your portfolio as needed for optimal returns.
The Nifty Total Market Index will track the performance of 750 stocks covering large, mid, small, and microcap segments. All stocks that are part of the Nifty 500 index and Nifty Microcap 250 index form part of the Nifty Total Market index. The weight of the stocks in the index is based on their free-float market capitalization.
Stocks included in the Nifty Total Market Index are selected based on specific criteria that reflect the market’s overall performance. These criteria typically involve market capitalization, liquidity, and representation across various sectors to ensure a comprehensive view of the market. The selection process aims to balance both large and small companies, ensuring a diverse portfolio that captures the dynamics of the entire market. This approach helps investors gain insights into overall market trends while maintaining exposure to different segments of the economy.
Yes, we can buy Nifty Total Market stocks today and sell it tomorrow. This approach typically aims to capitalize on price fluctuations that may occur within a single trading day, leveraging market volatility for quick gains. However, such trading carries risks, as market conditions can change rapidly. It requires careful analysis, understanding of market trends, and timely decision-making to maximize potential profits while minimizing the risk of losses due to unfavorable market movements.
Investing in the Nifty Total Market Index can offer diversification benefits, as it encompasses a broad range of stocks across various sectors. This wide representation can help mitigate risks associated with individual stocks, making it a potentially safer investment option. The Nifty Total Market Index typically reflects the overall performance of the Indian stock market, thus providing investors with exposure to market trends.
We hope you’re clear on the topic, but there’s more to explore in stocks, commodities, mutual funds, and related areas. Here are important topics to learn about.
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.
