Guys,
Can anyone please explain why does Infosys has more weightage than TCS in Nifty 50?
Guys,
Can anyone please explain why does Infosys has more weightage than TCS in Nifty 50?
Becoz weightage is based on free float market cap, not on market cap
And TCS being a LALA company, promoters own 70%, so only 30% is free float
Did you mean Tata Company?
Look at d last column of ffm… Free float mkt cap as newbie said… Sorted as high to low to show stocks having more weightage on d top
Thanks for your reply.
Thanks for your reply…