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Nifty Commodities

(30 stocks)30 stocks
As on 30 Jul 202602:25 PM IST
9813.709813.70+12.75 (0.13%)
As on 30 Jul 202602:25 PM IST
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Max
Open9,817.45
High9,829.65
Low9,784.65
Prev. Close9,800.95

LOW/HIGH

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9788.75an hour ago
9826.703 hours ago
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ADVANCES/DECLINES

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Nifty Commodities Index

The Nifty Commodities Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the commodities segment, including sectors like Oil, Petroleum Products, Cement, Power, Chemical, Sugar, Metals, and Mining. The index comprises 30 companies listed on the National Stock Exchange (NSE).

About Nifty Commodities Index

The Nifty Commodities Index is computed using the free-float market capitalization method, wherein the level of the index reflects the total free float market value of all stocks in the index relative to a particular base market capitalization value. The index uses periodic capped free-float market capitalization methodology. As of October 31, 2025, the index is calculated in real-time and consists of 30 constituents. It is managed by a professional team under a three-tier governance structure including Board of Directors of NSE Indices Limited, Index Advisory Committee (Equity), and Index Maintenance Sub-Committee.

Uses of Nifty Commodities Index

This index is used for benchmarking fund portfolios, launching index funds, ETFs, and structured products. It serves as a comprehensive benchmark reflecting the commodities sector’s performance within the Indian equity market.

Launch Date and Base Date of Nifty Commodities Index

  • Launch Date: September 7, 2011
  • Base Date: January 1, 2004
  • Base Value: 1,000

Nifty Commodities Index Rebalancing

The index is rebalanced semi-annually on January 31 and July 31. Average data for six months ending the cut-off date is used in rebalancing. Market participants receive four weeks’ advance notice before changes.

Top Constituents and Weightage of Nifty Commodities Index (As of October 31, 2025)

  • Reliance Industries Ltd. — 10.37%
  • NTPC Ltd. — 7.62%
  • Tata Steel Ltd. — 7.21%
  • UltraTech Cement Ltd. — 6.76%
  • Hindalco Industries Ltd. — 5.86%
  • JSW Steel Ltd. — 5.39%
  • Grasim Industries Ltd. — 5.27%
  • Oil & Natural Gas Corporation Ltd. — 4.73%
  • Coal India Ltd. — 4.21%
  • Vedanta Ltd. — 3.99%

Nifty Commodities Index Methodology

Eligibility Criteria

  • Companies must form part of Nifty 500 at the time of review or selected from top 800 according to turnover and market capitalization.
  • Companies should form part of the commodities sector.
  • Minimum trading frequency of 90% in the past six months.
  • Minimum listing history of one month as on cut-off date.
  • Final selection based on free-float market capitalization.
  • Stock weights capped at 10% and top three stocks capped cumulatively at 62% during rebalancing.

Calculation Method

The index uses a periodic capped free-float methodology with real-time calculation frequency.

Performance Metrics (As of October 31, 2025)

Returns (Total Return Index):

  • Quarter-to-date (QTD): 4.70%
  • Year-to-date (YTD): 15.85%
  • 1 Year: 5.85%
  • 5 Years: 10.81% CAGR
  • Since Inception: 23.81% CAGR

Fundamentals:

  • Dividend Yield: 2.25%
  • Price-to-Earnings (P/E) Ratio: 17.43
  • Price-to-Book (P/B) Ratio: 1.72

Risk Metrics:

  • Standard Deviation (annualised): 19.04%
  • Beta (relative to Nifty 50): 1.12
  • Correlation with Nifty 50: 0.90
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Frequently Asked Questions

The index includes companies across sectors such as Oil, Gas & Consumable Fuels, Metals & Mining, Power, Construction Materials, Chemicals, and Capital Goods.

The index is rebalanced semi-annually using average data over the six months ending on January 31 and July 31, with four weeks' prior notice given to the market.

At the time of rebalancing, individual stock weightage is capped at 10%, and the top three stocks cumulatively are capped at 62% to ensure diversification.

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