My Analysis of the Nifty Realty Index
As of May 30, 2025
I follow the Nifty Realty Indexbecause it is the main index by which the performance of the real estate companies in India is assessed. It is a concentrated index that consists of 10 of the most important organizations listed in the NSE, which is a definite indicator of the sector health.
The index is calculated using a Periodic Capped Free Float market capitalization method. This capping is very critical because it aids in ensuring that the largest companies do not influence the index to an exorbitant degree. In order to conduct a thorough analysis of Reviews of performance, I use the Total Returns Index version that incorporates dividends.
India's consumer durables market is expanding at the quickest rate in the world and is currently valued at almost $84 billion. There is no reason why India shouldn't perform more value addition given its size and expansion.
Key Performance & Fundamental Metrics
These are the vital statistics that are the most informative to me. The 5-year CAGR is very good, indicating that the sector will be characterized by great growth within the specified period. But the P/E ratio stands at high value of 46.62 indicating that market has an intense growth expectation and the index Beta value of 1.25 shows it to be more volatile than overall market.
Total Return (1 Year)
Total Return (5 Yr CAGR)
P/E Ratio
P/B Ratio
Dividend Yield
Beta (vs NIFTY 50)
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Index Performance and Market Movers
To have an idea of what the index is like, I have plotted the history of its performance as well as current constituent. The historical chart is the typical example of the boom-and-bust tendencies of the real estate industry with a punctual end in 2008 and a prolonged stagnation and a recent sharp increase. The chart on the constituents displays how top-heavy the index is where only the top two constituent names DLF and Macrotech developers make up close to 40% of it.
Historical Performance (Since 2007)
Top Constituents by Weightage (%)
Today's Market Movers
Nifty Realty Index Stocks List
For a more detailed analysis, here is the complete list of the 10 companies that make up the index, updated with their latest market data. The table is interactive—you can search for a specific company or sort any column to explore the data more deeply.
Company Name | Symbol | Price (INR) as of 22 june, 2025 | Market Cap | P/E Ratio | Volume |
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Index Fund & ETF Issuers
For investors looking for passive exposure to the Indian real estate market, I've noted that several prominent asset management companies offer funds benchmarked against this index.
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My Notes on the Index Methodology
The rules for inclusion in the Nifty Realty Index are designed to capture the most significant and liquid companies in the sector.
- Eligibility Universe: Companies must be part of the Nifty 500 and belong to the Realty sector.
- Liquidity: Companies must have a trading frequency of at least 90% in the last six months.
- Selection: The final 10 companies are selected based on their free-float market capitalization.
- Weight Capping: A single stock's weight is capped at 33%, and the cumulative weight of the top 3 stocks is capped at 62% during the semi-annual rebalancing.
- Rebalancing: The index is reconstituted on a semi-annual basis.
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