Nifty 500: Examining the Components and Investment Potentials

The Nifty 500 stands as the country’s widely recognised stock market index comprising the top 500 companies listed on the National Stock Exchange (NSE).

Read on to learn more about the Nifty 500 share price and the various best-performing companies that come under this index. These companies have shown a steep rise in their share prices and can be helpful for budding traders.

Top 5 Nifty 500 Companies

1. Suzlon Energy: The stock soared by 426% over the past year. Currently, Suzlon Energy’s share price is at Rs. 45+ The trend is upward owing to the growing demand for renewable energy.

2.Central Bank of India: The Central Bank of India was nationalized in 1911 and recapitalized in 2009. As of now, the 52-week share price high is Rs 76.90 whereas the 52-week share price low is Rs 26.40. The bank has recovered the fastest after hitting its 52-week low.

3. GMR Airports Infrastructure:

Stocks of GMR Airports Infrastructure have surged drastically in the past 5 years. There is an increase of 355.91% in the share price over a period of 5 years and has increased by 138% in the past 1 year.

4. Alok Industries: The shares surged by 135% over one year following an investment from Reliance Industries. The company has performed well as there is a vast difference between the 52-week high i.e. Rs 39.24 and the 52-week low which is Rs 11.44. The market cap of the company is around Rs 14,592.80 crores.

5. NHPC: The investors of this Public Sector Undertaking made a profit of 121%. Being a Public Sector Undertaking, the shares are bound to get more valuable as the governments are focusing on developmental activities. The 52-week low share price is Rs 39.83 and the 52-week high share price is Rs 115.84. The annual net profits have been improving steadily over the past 2 years.

Is It Worth Investing in Nifty 500?

Yes. Nifty 500 offers exposure to a broad range of sectors like capital goods, chemicals, real estate, textiles, media and so on. The Nifty 500 companies allows a budding investor to diversify his or her portfolio by trading small-cap, mid-cap and even large-cap stocks.

Therefore, those looking for a long-term investment and having at least a 5-year investment horizon can invest in Nifty 500 stocks. However, every company is subject to market risks, therefore, staying updated is a must.

Conclusion

The Nifty Index 500 presents a comprehensive view of the Indian stock market. With exposure to multiple sectors like capital goods, chemicals, realty and media, it offers abundant investment opportunities. As the Indian economy continues to grow, large-cap, mid-cap and small-cap stocks are expected to play a pivotal role and help with long-term wealth creation.