Nifty Infrastructure Live Chart
O 8355.3
H 8355.3
L 8355.3
Nifty Infrastructure Performance
Days Range
Previous Close8,381.10
Open8,355.30
52W Range6,404.10 - 9,704.20
P/E Ratio23.92
Nifty Infrastructure Companies
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
Adani Ports |
₹1,114.65 |
-175.00 (-13.57%) |
₹995.65 - ₹1,160.70 |
|
|
Ambuja Cements |
₹484.15 |
-65.40 (-11.90%) |
₹453.05 - ₹500.00 |
|
|
Apollo Hospitals |
₹6,742.50 |
55.60 (0.83%) |
₹6,594.15 - ₹6,761.95 |
|
|
Ashok Leyland |
₹218.90 |
-2.44 (-1.10%) |
₹214.37 - ₹219.89 |
|
|
B P C L |
₹282.40 |
-5.10 (-1.77%) |
₹279.35 - ₹287.45 |
|
|
Bharat Forge |
₹1,296.20 |
-27.15 (-2.05%) |
₹1,288.60 - ₹1,317.95 |
|
|
Bharti Airtel |
₹1,525.15 |
-0.35 (-0.02%) |
₹1,511.00 - ₹1,542.05 |
|
|
Container Corpn. |
₹769.95 |
-15.80 (-2.01%) |
₹757.25 - ₹785.75 |
|
|
Cummins India |
₹3,282.25 |
-19.00 (-0.58%) |
₹3,244.25 - ₹3,310.00 |
|
|
DLF |
₹773.95 |
10.80 (1.42%) |
₹744.65 - ₹781.45 |
|
|
GAIL (India) |
₹188.30 |
1.62 (0.87%) |
₹180.42 - ₹190.25 |
|
|
Godrej Propert. |
₹2,704.80 |
12.05 (0.45%) |
₹2,641.50 - ₹2,737.35 |
|
|
Grasim Inds |
₹2,534.85 |
26.70 (1.06%) |
₹2,480.15 - ₹2,555.65 |
|
|
H P C L |
₹360.10 |
-2.05 (-0.57%) |
₹354.90 - ₹363.60 |
|
|
I O C L |
₹130.71 |
-2.41 (-1.81%) |
₹129.50 - ₹133.40 |
|
|
I R C T C |
₹793.85 |
-6.25 (-0.78%) |
₹783.00 - ₹801.30 |
|
|
Indian Hotels Co |
₹786.80 |
32.80 (4.35%) |
₹754.00 - ₹796.25 |
|
|
Indus Towers |
₹329.10 |
0.95 (0.29%) |
₹326.15 - ₹340.00 |
|
|
Interglobe Aviat |
₹4,069.80 |
23.90 (0.59%) |
₹4,001.20 - ₹4,089.45 |
|
|
Larsen & Toubro |
₹3,483.50 |
-22.40 (-0.64%) |
₹3,452.45 - ₹3,530.55 |
|
|
MRF |
₹123,509.90 |
559.30 (0.45%) |
₹121,751.00 - ₹124,100.00 |
|
|
NTPC |
₹356.15 |
-10.55 (-2.88%) |
₹354.80 - ₹364.35 |
|
|
O N G C |
₹242.15 |
-5.85 (-2.36%) |
₹240.80 - ₹248.00 |
|
|
Power Grid Corpn |
₹325.90 |
10.85 (3.44%) |
₹313.00 - ₹326.75 |
|
|
Reliance Industr |
₹1,223.00 |
-18.65 (-1.50%) |
₹1,217.25 - ₹1,243.95 |
|
|
Samvardh. Mothe. |
₹161.84 |
-3.52 (-2.13%) |
₹161.00 - ₹165.30 |
|
|
Shree Cement |
₹24,052.85 |
-53.50 (-0.22%) |
₹23,821.10 - ₹24,439.50 |
|
|
Siemens |
₹6,641.65 |
-4.00 (-0.06%) |
₹6,551.45 - ₹6,712.00 |
|
|
Tata Power Co. |
₹408.05 |
-0.05 (-0.01%) |
₹397.40 - ₹413.40 |
|
|
UltraTech Cem. |
₹10,954.85 |
185.30 (1.72%) |
₹10,555.00 - ₹11,005.85 |
|
Nifty Infrastructure Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Air Transport Service | 1 | 1 | 0 |
| Auto Ancillaries | 1 | 1 | 0 |
| Automobile | 1 | 1 | 0 |
| Capital Goods - Electrical Equipment | 1 | 1 | 0 |
| Capital Goods-Non Electrical Equipment | 0 | 1 | 1 |
| Castings, Forgings & Fastners | 1 | 1 | 0 |
| Cement | 2 | 3 | 1 |
| Crude Oil & Natural Gas | 0 | 1 | 1 |
| Gas Distribution | 1 | 1 | 0 |
| Healthcare | 0 | 1 | 1 |
| Hotels & Restaurants | 1 | 1 | 0 |
| Infrastructure Developers & Operators | 0 | 1 | 1 |
| Logistics | 0 | 1 | 1 |
| Power Generation & Distribution | 2 | 3 | 0 |
| Realty | 2 | 2 | 0 |
| Refineries | 0 | 4 | 4 |
| Telecomm Equipment & Infra Services | 1 | 1 | 0 |
| Telecomm-Service | 0 | 1 | 1 |
| Textiles | 0 | 1 | 1 |
| Tyres | 1 | 1 | 0 |
| Railways | 1 | 1 | 0 |
| Marine Port & Services | 1 | 1 | 0 |
What is NIFTY Infrastructure?
NIFTY Infrastructure is a thematic index on the National Stock Exchange (NSE) which captures the performance of the infra sector in the Indian economy on a real-time basis. It is constituted of 30 stocks that belong to the industries of Power, Telecom, Roads, Railways, Shipping, Air, and other Utility Service providers.
The basic industries eligible for inclusion in the NIFTY Infra index are Airline, Amusement Parks/ Other Recreation, Cement & Cement Products, Civil Construction, Compressors & Pumps, Commercial & Construction Vehicles, Electric Utilities, EDC, Gas Transmission, Heavy Electrical Equipment, Hospital, Hotels & Resorts, Industrial Equipments, Logistics Solution Provider, LPG/CNG/PNG/LNG Supplier, Lubricants, Offshore Support Solution Drilling, Oil E&P, Port & Port services, Power – Transmission, Railway Wagons, Refineries, Residential & Commercial Projects, Ship Building, Telecom etc.
This NIFTY Infrastructure index was launched on August 7, 2007, with the base date as January 1, 2004, and the base value at 1000. The NIFTY Infrastructure share price since inception, has breached the levels of 4,000 at ~14x P/E multiples. It is reconstituted semi-annually and caps individual stocks at 20%.
The NIFTY Infrastructure Index is owned and managed by NSE Indices Limited, previously known as India Index Services & Products Limited. The infrastructure index is governed by a three-tier structure comprising:
- BOD of NSE Indices: responsible for managing the index as per a detailed framework
- Index Advisory Committee (Equity): responsible for providing guidance on macro issues related to the index
- Index Maintenance Sub-Committee: responsible for the maintenance of the index’s methodology and stock selection criteria.
NIFTY Infrastructure has a variant in the form of the NIFTY Infrastructure Total Returns Index. This index is ideal for benchmarking fund portfolios and for launching other structured investment products, index funds, and ETFs.
Orgainisation
Nifty Infrastructure
Exchange
NSE
How is NIFTY Infrastructure calculated? How are stocks selected for inclusion in NIFTY Infrastructure?
The NIFTY Infrastructure share price is computed by weighting its 30 stocks on the basis of periodically capped free-float market capitalization relative to a base market capitalization value on a real-time basis. The index is subdivided into 11 sectors: Oil, Gas & Consumable Fuels, Construction, Construction Materials, Telecom, Power, Services, Capital Goods, Healthcare, Realty, Automobiles, and Consumer Services.
The securities have to fulfill the following eligibility criteria:
- Should be listed on the National Stock Exchange.
- Should form a part of NIFTY 500.
- If the number of eligible stocks falls below 10, then in such cases, the deficit number of stocks shall be selected from the universe of top 800 ranked stocks based on both average daily turnover and average daily full market capitalization data of the previous six months from NIFTY 500’s universe.
- Should be a part of the infrastructure sector.
- Should be tradeable in the F&O segment of NSE.
- Should have a trading frequency of at least 90% in the past six months.
- Should have a listing history of at least six months.
- A recently listed company (IPO) can be included if it meets the above eligibility criteria for a period of three months instead of six months.
- Should adhere to the cap of 20% weightage for a single stock at the time of rebalancing- the cap was 34% at the initial launch.
- New securities will be included, if their float-adjusted market capitalization is at least 1.5 times of the index’s smallest constituent’s free-float market capitalization.
The index value is calculated as follows –
Index Value = Current Index Market Capitalization/ (Base Free Float Market Capitalization * Base Index Value)
Where,
Current Index Market Capitalization = Shares o/s * IWF * Capping factor * Price
IWF (Investible Weight Factors) = 1 as it is based on market capitalization method
The NIFTY Infrastructure index is rebalanced semi-annually based on six months of data, with the cutoff date being January 31 and July 31 of each year. The replacement of stocks in NIFTY Infra (if any) is effective from the last trading day of March and September.
Nifty Infrastructure FAQs
NIFTY Infrastructure index includes the top 30 ranked stocks from the infrastructure industry based on free-float market capitalization.
How to invest in NIFTY Infrastructure?
There are several ways of investing in NIFTY Infra, such as:
Spot Investing: With a trading account, you can invest in individual stocks from NIFTY Infra.
Exchange-Traded Derivatives: FUTIDX and OPTIDX contracts are available on NSE that have NIFTYINFRA as their underlying index with a 3-month trading cycle.
Exchange-Traded Funds: ETFs passively track the NIFTY Infra index and are a cost-effective alternative.
Index Mutual Funds: Several thematic funds have been offered by fund houses that have stocks with exposure to the infra sector.
Should you Invest in the NIFTY Infrastructure index? Is the investment in NIFTY Infrastructure safe?
The NIFTY Infrastructure index has generated total returns of 10.04% since inception and 9.52% in the past 5 years. This index experiences volatile returns and has earned over 2% dividend yield.
How has NIFTY Infrastructure performed relative to NIFTY 50?
Infrastructure NIFTY is not as closely correlated to the NIFTY 50 index. In the recent past, it has mostly outperformed the benchmark. The index continues to show growth potential due to ever-increasing infrastructure investment expenditure.
What is the objective of NIFTY Infrastructure?
NIFTY Infrastructure index’s basic objective is to serve as the benchmark for evaluating the Indian infrastructure sector, which includes the likes of power, air, roads, ports, railways and shipping. This index is suitable for replicability and diversification benefits.
