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NSE BSE
nifty auto

Nifty Auto

23594 5.40 (0.02%)
Oct 30 2024 03:30 PM Sector: -

26045

Nifty Auto

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No Data Available

Nifty Auto Performance

Day Range

Low23423.90 High23855.15
23594.00

52 Week Range

Low 15807.95 High 27696.10
23594.00

Open Price

23430.60

Prev. Close

23588.60

Volume (Shares)

.00

Total traded value

.00

Upper Circuit

.00

Lower Circuit

.00

   

Nifty Auto" typically refers to a stock market index in India. The National Stock Exchange of India has a sectoral index called "Nifty Auto," which tracks the performance of companies in the automobile industry. This index includes companies engaged in the manufacturing and marketing of automobiles, auto components, and auto ancillaries.

 

Nifty Auto is one of the Nifty index series' sector-specific indices, and it is used by investors, traders, and analysts to assess the overall performance and trends in the Indian automotive sector. It is a valuable metric for determining how firms in the automobile industry perform in the stock market.

 

The Nifty Auto index's composition may fluctuate over time as firms are added or eliminated depending on numerous criteria such as market size, liquidity, and other considerations. Investors frequently use sector-specific indexes such as Nifty Auto to make investment decisions and monitor the health of individual sectors in the Indian stock market.
 

Selection Criteria Of Nifty Auto
 

The selection criteria for the Nifty Auto index on the National Stock Exchange of India (NSE) are typically determined by the NSE and may evolve over time. 

 

Market Capitalization: To guarantee that companies eligible for inclusion in Nifty Auto are of a particular size and prominence in the market, they need to have a minimum market capitalization.

 

Liquidity: The stocks of the firms in the Nifty Auto index should be liquid, which means they should be actively traded in the market. This is typically measured by the average daily traded value or trading volume.

 

Free Float: The selection of companies also considers the free float of their shares. Free float refers to the portion of a company's shares that is available for trading by the public. Companies with a higher free float are given preference.

 

Sector Classification: To be included in Nifty Auto, companies must belong to the automobile sector. This includes manufacturers of automobiles, auto components, and auto ancillaries.

 

Track Record: Companies included in Nifty Auto should have a reasonable track record of financial performance and corporate governance. Companies with a history of irregular or dubious financial practices may be excluded.

 

Other Qualitative Considerations: The NSE may also examine other qualitative considerations in its selection process, such as the company's reputation and market status.

 

It's important to note that the NSE periodically reviews and revises the composition of its indices, including Nifty Auto. The criteria mentioned above are intended to maintain the quality and representativeness of the index. The index constituents may change based on market dynamics and the performance of individual companies.

 

Characteristics Of Nifty Auto

 

The Nifty Auto index, which is part of the National Stock Exchange of India (NSE), represents the performance of companies in the Indian automotive sector.

 

Sector Focus: Nifty Auto is a sector-specific index that focuses on the automotive industry. It includes companies involved in the manufacturing and marketing of automobiles, auto components, and auto ancillaries. This sector-specific focus allows investors to track the performance of the automotive sector as a whole.

 

Composition: The index is composed of a select group of companies that meet the predefined selection criteria, including market capitalization, liquidity, and free float, among other factors. The specific constituents may change over time as companies meet or fail to meet these criteria.

 

Liquidity: Companies included in Nifty Auto are generally well-established and actively traded in the stock market. Liquidity is an important characteristic as it ensures that the index accurately reflects the market activity and trends in the automotive sector.

 

Diversification: Nifty Auto provides diversification within the automotive sector by including companies from various subsectors such as automobile manufacturers, auto component manufacturers, and auto ancillary companies. This diversification can help reduce risk for investors.

 

Benchmark and Performance Measure: Nifty Auto serves as a benchmark for the performance of the automotive industry within the Indian stock market. Investors and market participants can use this index to gauge the overall health and trends of the sector.

 

Volatility: The automotive sector can be sensitive to economic and consumer trends. As a result, Nifty Auto may experience periods of volatility, especially in response to factors like changes in demand, commodity prices, and government policies related to the automotive industry.

 

Weightage: Companies within Nifty Auto are assigned weights based on their market capitalization. Larger companies have a greater impact on the index's movements, reflecting their relative importance in the sector.

 

Regular Review: The composition of Nifty Auto is subject to periodic reviews and adjustments by the NSE. Companies that no longer meet the selection criteria may be removed, and new companies that meet the criteria may be added.

 

Investment and Trading: Nifty Auto allows investors to gain exposure to the automotive sector through exchange-traded funds (ETFs) and other investment vehicles that track this index. It is also used by traders for technical and fundamental analysis.

 

Conclusion

 

In conclusion, Nifty Auto is a sector-specific stock market index on the NSE that reflects the performance of companies in the Indian automotive sector. Its primary characteristics include a sector-specific focus, a diversified composition of companies from various subsectors within the automotive industry, liquidity, and regular reviews to ensure that the index accurately represents the sector's performance. Nifty Auto is a key benchmark and performance indicator for the Indian stock market's automotive industry, helping investors and market players to follow trends and make educated investment decisions. It is important to remember, however, that the index's composition and attributes may alter over time as the NSE revises its criteria and market dynamics shift. It is best to consult the NSE's official resources and announcements for the most up-to-date information on Nifty Auto.

 

All Indices

  • NSE
  • BSE
NAME PRICE CHANGE CHANGE % PREVIOUS CLOSE
Nifty 50
24340.85
arrowup arrowndown
-126.00 -0.51% 24466.85 forward-arrow
India VIX
15.51
arrowup arrowndown
0.99 6.82% 14.52 forward-arrow
Nifty Bank
51807.50
arrowup arrowndown
-513.20 -0.98% 52320.70 forward-arrow
Nifty 100
25195.05
arrowup arrowndown
-126.25 -0.50% 25321.30 forward-arrow
Nifty 200
13688.70
arrowup arrowndown
-53.60 -0.39% 13742.30 forward-arrow
Nifty Fin Service
24037.40
arrowup arrowndown
-320.40 -1.32% 24357.80 forward-arrow
Nifty 500
22749.80
arrowup arrowndown
-45.25 -0.20% 22795.05 forward-arrow
NIFTY Alpha 50
56015.10
arrowup arrowndown
196.85 0.35% 55818.25 forward-arrow
Nifty Auto
23594.00
arrowup arrowndown
5.40 0.02% 23588.60 forward-arrow
Nifty CPSE
6574.20
arrowup arrowndown
2.15 0.03% 6572.05 forward-arrow
Nifty Energy
39296.15
arrowup arrowndown
-63.65 -0.16% 39359.80 forward-arrow
Nifty GS 4 8Yr
2948.11
arrowup arrowndown
1.22 0.04% 2946.89 forward-arrow
Nifty GS 8 13Yr
2727.49
arrowup arrowndown
2.36 0.09% 2725.13 forward-arrow
NIFTY INDIA MFG
14209.20
arrowup arrowndown
-32.30 -0.23% 14241.50 forward-arrow
Nifty Infra
8788.55
arrowup arrowndown
5.00 0.06% 8783.55 forward-arrow
Nifty IT
41668.60
arrowup arrowndown
-362.85 -0.86% 42031.45 forward-arrow
Nifty Media
1982.85
arrowup arrowndown
45.25 2.34% 1937.60 forward-arrow
Nifty Metal
9342.45
arrowup arrowndown
3.70 0.04% 9338.75 forward-arrow
Nifty Midcap 50
15647.50
arrowup arrowndown
-29.95 -0.19% 15677.45 forward-arrow
Nifty MNC
29369.20
arrowup arrowndown
173.60 0.59% 29195.60 forward-arrow
Nifty Next 50
70268.35
arrowup arrowndown
-270.00 -0.38% 70538.35 forward-arrow
Nifty Pharma
22374.95
arrowup arrowndown
-226.45 -1.00% 22601.40 forward-arrow
Nifty PSE
10187.95
arrowup arrowndown
-27.50 -0.27% 10215.45 forward-arrow
Nifty PSU Bank
6741.55
arrowup arrowndown
-17.40 -0.26% 6758.95 forward-arrow
Nifty Pvt Bank
25393.05
arrowup arrowndown
-229.10 -0.89% 25622.15 forward-arrow
Nifty Realty
1001.05
arrowup arrowndown
-0.80 -0.08% 1001.85 forward-arrow
NIFTY SMLCAP 50
8876.35
arrowup arrowndown
69.90 0.79% 8806.45 forward-arrow
NIFTY TOTAL MKT
12822.70
arrowup arrowndown
-15.45 -0.12% 12838.15 forward-arrow
Nifty100 Liq 15
6531.95
arrowup arrowndown
-11.55 -0.18% 6543.50 forward-arrow
Nifty GS 10Yr
2411.24
arrowup arrowndown
2.38 0.10% 2408.86 forward-arrow
Nifty FMCG
59748.90
arrowup arrowndown
545.05 0.92% 59203.85 forward-arrow
Nifty Commodities
8882.50
arrowup arrowndown
-9.90 -0.11% 8892.40 forward-arrow
NIFTY CONSR DURBL
39592.95
arrowup arrowndown
-469.55 -1.17% 40062.50 forward-arrow
Nifty Consumption
11559.50
arrowup arrowndown
7.95 0.07% 11551.55 forward-arrow
Nifty Div Opps 50
6507.70
arrowup arrowndown
-19.00 -0.29% 6526.70 forward-arrow
Nifty FinSrv25 50
26160.95
arrowup arrowndown
-386.25 -1.45% 26547.20 forward-arrow
Nifty GrowSect 15
11821.95
arrowup arrowndown
-42.25 -0.36% 11864.20 forward-arrow
Nifty GS 10Yr Cln
887.38
arrowup arrowndown
0.88 0.10% 886.50 forward-arrow
Nifty GS 11 15Yr
3027.42
arrowup arrowndown
3.56 0.12% 3023.86 forward-arrow
Nifty GS 15YrPlus
3359.24
arrowup arrowndown
4.80 0.14% 3354.44 forward-arrow
Nifty GS Compsite
2826.24
arrowup arrowndown
2.44 0.09% 2823.80 forward-arrow
NIFTY HEALTHCARE
14208.50
arrowup arrowndown
-158.30 -1.10% 14366.80 forward-arrow
NIFTY IND DIGITAL
9139.60
arrowup arrowndown
-36.10 -0.39% 9175.70 forward-arrow
NIFTY LARGEMID250
15848.15
arrowup arrowndown
-20.70 -0.13% 15868.85 forward-arrow
NIFTY M150 QLTY50
24694.45
arrowup arrowndown
54.10 0.22% 24640.35 forward-arrow
NIFTY MICROCAP250
24332.80
arrowup arrowndown
465.30 1.95% 23867.50 forward-arrow
Nifty Mid Liq 15
13817.25
arrowup arrowndown
-52.85 -0.38% 13870.10 forward-arrow
NIFTY MID SELECT
12448.25
arrowup arrowndown
-75.95 -0.61% 12524.20 forward-arrow
NIFTY MIDCAP 100
56339.25
arrowup arrowndown
87.95 0.16% 56251.30 forward-arrow
NIFTY MIDCAP 150
20916.70
arrowup arrowndown
49.30 0.24% 20867.40 forward-arrow
NIFTY MIDSML 400
19733.05
arrowup arrowndown
113.40 0.58% 19619.65 forward-arrow
NIFTY OIL AND GAS
11366.90
arrowup arrowndown
-42.65 -0.37% 11409.55 forward-arrow
Nifty Serv Sector
31889.00
arrowup arrowndown
-334.15 -1.04% 32223.15 forward-arrow
NIFTY SMLCAP 100
18390.90
arrowup arrowndown
191.95 1.05% 18198.95 forward-arrow
NIFTY SMLCAP 250
17483.40
arrowup arrowndown
205.20 1.19% 17278.20 forward-arrow
NIFTY100 EQL Wgt
32524.45
arrowup arrowndown
-72.45 -0.22% 32596.90 forward-arrow
NIFTY100 LowVol30
19792.00
arrowup arrowndown
-40.60 -0.20% 19832.60 forward-arrow
NIFTY100 Qualty30
5806.25
arrowup arrowndown
16.60 0.29% 5789.65 forward-arrow
Nifty100ESGSecLdr
4047.75
arrowup arrowndown
-20.60 -0.51% 4068.35 forward-arrow
NAME PRICE CHANGE CHANGE % PREVIOUS CLOSE
SENSEX
79942.18
-426.85 -0.53% 80369.03 forward-arrow
BSE100
25674.59
-113.33 -0.44% 25787.92 forward-arrow
SNSX50
25596.36
-122.22 -0.48% 25718.58 forward-arrow
BSE200
11179.12
-46.70 -0.42% 11225.82 forward-arrow
BSE500
35845.27
-76.24 -0.21% 35921.51 forward-arrow
BSE CG
67659.63
387.83 0.58% 67271.80 forward-arrow
BSE CD
61227.65
-749.80 -1.21% 61977.45 forward-arrow
BSEPSU
19907.65
-20.23 -0.10% 19927.88 forward-arrow
TECK
19079.79
-146.96 -0.76% 19226.75 forward-arrow
BANKEX
59050.09
47.79 0.08% 59002.30 forward-arrow
AUTO
53686.59
-41.90 -0.08% 53728.49 forward-arrow
METAL
31268.13
-106.88 -0.34% 31375.01 forward-arrow
OILGAS
27461.19
-169.96 -0.62% 27631.15 forward-arrow
DOL30
7805.96
-41.78 -0.53% 7847.74 forward-arrow
DOL100
3158.93
-13.97 -0.44% 3172.90 forward-arrow
DOL200
2213.62
-9.25 -0.42% 2222.87 forward-arrow
REALTY
7825.67
-6.70 -0.09% 7832.37 forward-arrow
POWER
7815.81
-35.95 -0.46% 7851.76 forward-arrow
BSEIPO
15673.08
250.31 1.62% 15422.77 forward-arrow
GREENX
7827.50
33.63 0.43% 7793.87 forward-arrow
CARBON
4344.48
15.78 0.36% 4328.70 forward-arrow
SMEIPO
99439.19
3407.39 3.55% 96031.80 forward-arrow
INFRA
639.58
3.89 0.61% 635.69 forward-arrow
CPSE
3916.23
12.12 0.31% 3904.11 forward-arrow
MIDCAP
46121.42
17.74 0.04% 46103.68 forward-arrow
SMLCAP
54108.03
818.44 1.54% 53289.59 forward-arrow
BSEFMC
21782.81
204.84 0.95% 21577.97 forward-arrow
BSE HC
43115.13
-95.64 -0.22% 43210.77 forward-arrow
BSE IT
41486.39
-279.68 -0.67% 41766.07 forward-arrow
MFG
1033.03
1.48 0.14% 1031.55 forward-arrow
ALLCAP
10493.23
-7.66 -0.07% 10500.89 forward-arrow
COMDTY
7535.37
52.98 0.71% 7482.39 forward-arrow
CONDIS
9875.04
-4.90 -0.05% 9879.94 forward-arrow
ENERGY
11795.71
-14.70 -0.12% 11810.41 forward-arrow
FINSER
11573.07
-96.57 -0.83% 11669.64 forward-arrow
INDSTR
14687.03
151.33 1.04% 14535.70 forward-arrow
LRGCAP
9453.32
-43.79 -0.46% 9497.11 forward-arrow
MIDSEL
16986.31
-93.82 -0.55% 17080.13 forward-arrow
SMLSEL
8087.14
75.44 0.94% 8011.70 forward-arrow
TELCOM
2877.85
7.41 0.26% 2870.44 forward-arrow
UTILS
6149.97
-9.14 -0.15% 6159.11 forward-arrow
BHRT22
8962.69
-10.47 -0.12% 8973.16 forward-arrow
ESG100
401.69
-2.37 -0.59% 404.06 forward-arrow
MID150
15881.62
5.14 0.03% 15876.48 forward-arrow
SML250
7057.90
71.55 1.02% 6986.35 forward-arrow
LMI250
10603.59
-37.00 -0.35% 10640.59 forward-arrow
MSL400
12112.84
46.09 0.38% 12066.75 forward-arrow
BSEDSI
1038.69
-3.35 -0.32% 1042.04 forward-arrow
BSEEVI
931.90
-4.41 -0.47% 936.31 forward-arrow
BSELVI
1821.02
-1.39 -0.08% 1822.41 forward-arrow
BSEMOI
2243.83
-9.64 -0.43% 2253.47 forward-arrow
BSEQUI
1909.22
1.28 0.07% 1907.94 forward-arrow
DFRGRI
1463.29
-10.99 -0.75% 1474.28 forward-arrow
LCTMCI
9074.80
-40.43 -0.44% 9115.23 forward-arrow
BSEPBI
18376.78
-131.57 -0.71% 18508.35 forward-arrow

Stay Updated with Market News and Updates

Market Buzz

Frequently Asked Questions

Which stocks come under Nifty Auto?

Answer Field

The Nifty Auto Index comprises 15 tradable, exchange listed companies that belong to the automobiles sector. Some of the stocks that come under Nifty Auto are Maruti Suzuki, Tata Motors, Bajaj Auto, Hero Motocorp, and Eicher Motors.

Can I invest in Nifty Auto?

Answer Field

You can invest in Nifty Auto through various instruments such as exchange traded funds (ETFs), index funds, futures and options contracts, and structured products. However, you should be aware of the risks and rewards of investing in any index, and consult a financial advisor before making any investment decisions.

What is Nifty Auto, and how does it differ from other Nifty indices?

Answer Field

Nifty Auto is a sectoral index that is designed to reflect the behaviour and performance of the Indian automobiles sector. It differs from other Nifty indices such as Nifty 50, Nifty Next 50, and Nifty 100, which are broad-based indices that represent the large-cap, mid-cap, and multi-cap segments of the Indian equity market. Nifty Auto also has a different base date and base value than other Nifty indices.

How can Nifty Auto be used as a benchmark for the performance of the Indian automotive industry?

Answer Field

Nifty Auto can be used as a benchmark for the performance of the Indian automotive industry, as it captures the movements and trends of the major players in the sector. It can also be used for portfolio diversification, passive investing, and hedging purposes.

Are there any recent changes in the selection criteria for Nifty Auto, and how might this impact the index composition?

Answer Field

There are no recent changes in the selection criteria for Nifty Auto, as per the latest factsheet published by Nifty Indices. The index is reviewed semi-annually in June and December, and the changes are implemented from the first working day of July and January respectively. The impact of any changes in the index composition depends on the weightage and performance of the incoming and outgoing stocks.

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