Nifty India Consumption

11106.25
-39.85 (-0.36%)
Nifty India Consumption • 11 Jun, 2026 | 02:35 AM

As on 11 Jun 2026, the Nifty India Consumption is trading at ₹11106.25, down by 0.36% from the previous close of ₹11146.1. The index opened at ₹11,148.55, touched an intraday high of ₹11231.2 and a low of ₹11088.85. Over the past 52 weeks, it has moved between a low of ₹10298.5 and a high of ₹12716.2.

Nifty India Consumption Performance

Today’s Low - High
11,088.85
11,231.20
52 Week Low - High
10,298.50
12,716.20

Open

11148.55

Prev. Close

11146.1

1W Return

-0.26%

1M Return

-4.57%

6M Return

-8.02%

1Y Return

-4.55%

3Y Return

38.14%

The National Stock Exchange created this index to track the top 30 companies linked to consumer consumption across sectors like healthcare, telecom services, auto, hotels, media and entertainment, etc. It includes companies whose revenues depend on everyday purchases and household spending.

To be included in the index, stocks need to meet a few key eligibility criteria.

  • Nifty 500 inclusion: The company should generally be part of the Nifty 500 at the time of review.
  • Consumption-focused business: The company must belong to a sector linked to domestic consumption.
  • Domestic revenue share: More than 50% of its revenue should come from within India.
  • Liquidity requirement: The stock should have traded on at least 90% of trading days in the past six months.
  • Trading history: The company should have at least one month of active trading before the cut-off date.
  • Final selection: The top 30 stocks are selected based on free-float market capitalisation.

If enough stocks are not eligible from Nifty 500 at the time of selection, the selection universe may be expanded to include relevant companies.

Stock weights in the index are based on free-float market capitalisation.

  • Free-float method: Only publicly traded shares are considered while assigning weight.
  • Higher weight for larger companies: Bigger companies, in terms of free-float value, end up with a larger share in the index.
  • Weight cap: The index ensures that a single stock does not cross the 10% weight cap.
  • Periodic review: Reviews and adjustments of weights happen at regular intervals.

As stock prices move during market hours, the index moves along with them. This is because the total market value of the companies keeps changing.

The formula used to calculate the Index Value is: (Index Market Capitalisation ÷ Base Free-Float Market Capitalisation) × Base Value

Points to note:

  • Market capitalisation is determined by stock price, outstanding shares, investible weight factor, and capping factor considered together.
  • In this index, only the shares available for public trading are taken into account.
  • The starting base value is fixed at 1,000 for comparison over time.
  • The index uses 02 January 2006 as its base date, which serves as the starting point to track how its value has moved over time.

The current index composition is dominated by automobile and consumer-focused businesses, reflecting strong consumer spending.

However, sector weights can change with stock price movements and free-float values, with reviews and rebalancing taking place twice a year.

Sector allocation as on 30 March 2026:

  • Automobile and Auto Components: 25.54%.
  • Fast-moving consumer goods (FMCG): 27.02%.
  • Consumer Services: 12.92%.
  • Consumer Durables: 11.15%.
  • Telecommunication: 10.08%.
  • Healthcare: 4.98%.
  • Power: 4.23%.
  • Services: 3%.
  • Realty: 1.09%.

Stocks with the highest weight in the index as of 30 March 2026:

  • Bharti Airtel : 10.08%.
  • ITC holds : 9.34%.
  • Mahindra & Mahindra : 8.89%.
  • Hindustan Unilever : 6.14%.
  • Titan : 5.49%.

Companies which are part of this index are generally affected by changes in spending patterns and overall economic conditions.

  • Demand slowdown: Sales can slow down if consumer spending weakens.
  • Inflation impact: Rising inflation can impact demand for big-ticket purchases like vehicles and appliances.
  • Competitive pressure: Intense competition brings down flexibility in pricing.
  • Input cost mismatch: Costs like raw materials or fuel may not always move in line with selling prices.
  • Interest rates: Higher interest rates can weigh on demand for big-ticket purchases.

Consumption stocks are closely tied to income levels and spending patterns.

Inflation and interest rates also play a role, as they influence how households prioritise expenses. At the same time, changing consumption trends and seasonal patterns can shape demand across sectors.

As you keep an eye on these trends, you can better understand how consumption is evolving.

The Nifty Consumption Index reflects the performance of companies that are directly linked to consumer demand. Categories like essentials, services, and discretionary purchases, where business growth depends on everyday consumer spending, fall under this index.

“.NIFTYCONS” is the ticker symbol used by Refinitiv (now LSEG Financial Solutions) to identify the Nifty Consumption Index on its platform. The code has a “dot” followed by “NIFTYCONS”.

The top 30 consumption-driven business stocks are part of the Nifty Consumption Index. Hindustan Unilever, ITC, Bharti Airtel, and Maruti Suzuki are some popular names under this index.

The Nifty Consumption Index is currently dominated by automobiles and FMCG. They are followed by consumer services, consumer durables and telecom.

Nifty Consumption focuses only on the top 30 companies that operate in the consumption space, but Nifty 50 covers the top 50 stocks across all sectors. The former is a thematic index, while the Nifty 50 is a benchmark index.

Yes, NRIs can invest in Nifty consumption stocks subject to applicable regulations. They will need to have Non-Resident External (NRE) or Non-Resident Ordinary (NRO) accounts to do so.

Companies part of the consumption index, based on their performances, may pay dividends to investors holding the stocks directly. The index itself does not distribute dividends.

NSE Indices Limited, which is a subsidiary of the National Stock Exchange, manages this index and is responsible for calculations and periodic review.

Whether this investment is good or bad purely depends on your preference and risk tolerance. The performance of the index depends on consumption trends and economic conditions. While it remains high during periods of strong consumer demand, it moves more slowly when the spending is weak.