All 10 Stocks In Nifty Top 10 Equal Weight Index End The Day In Green

Mumbai, June 16 — The Nifty Top 10 Equal Weight Index rose in its intraday gains on Monday, climbing 108.50 points or 1.12% to 9,782.05 by 13:38 IST. With a rare 100% advance ratio, the index saw all ten constituents trading in the green, driven by strong buying in large-cap banks and IT majors.

The index opened with broad-based strength across sectors, starting firm at 9,674.40 and touching a high of 9,789.15. The rally comes amid positive sentiment in benchmark indices, with the Nifty 50 also up 0.92% at 24,945.80 during the same period.

Index Snapshot (As of 13:38 IST)

Metric	Value
Last Traded Price	9,782.05
Day’s High	9,789.15
Day’s Low	9,661.40
Previous Close	9,673.55
Change (pts / %)	+108.50 / +1.12%
Total Traded Volume	3.01 crore
Total Traded Value	₹4,878 crore

Top Movers: TCS, Kotak Bank, Infosys Power the Surge

All ten constituents posted gains, led by Tata Consultancy Services (TCS), Kotak Mahindra Bank, and Infosys. TCS rose 1.65% to ₹3,502.40, recovering from recent losses, while Kotak Bank climbed 1.57% to ₹2,140.40.

Infosys advanced 1.51% to ₹1,626.20, continuing its short-term upward momentum. Heavyweights Larsen & Toubro, Bharti Airtel, and HDFC Bank also added to the gains.

Stock	LTP (₹)	Change (₹)	% Change
TCS	3,502.40	+56.70	+1.65%
Kotak Mahindra	2,140.40	+33.00	+1.57%
Infosys	1,626.20	+24.20	+1.51%
L&T	3,634.30	+46.90	+1.31%
Bharti Airtel	1,861.50	+21.10	+1.15%
ITC	418.30	+4.40	+1.06%
HDFC Bank	1,937.40	+19.80	+1.03%
Reliance	1,439.60	+11.70	+0.82%
Axis Bank	1,214.50	+8.70	+0.72%
ICICI Bank	1,423.70	+7.60	+0.54%

Broad-Based Participation

The index’s equal weight nature benefited each sector’s stake while balancing them. Critical sectors, such as information technology and telecom, played an important supportive role, with leaders being the financials regarding value.

Despite a minor 1.25% decline over the past month, today’s rally suggests potential reversal signals, particularly as several index constituents approach technical resistance zones.

Market Status

The broader market trend remains positive, with the Nifty 50 up 227.20 points or 0.92% at 24,945.80. Market breadth was firmly in favor of advances across key sectoral indices.

About the Index

The Nifty Top 10 Equal Weight Index represents the top 10 stocks from the Nifty 50 by free-float market cap, assigned equal weights. It aims to offer diversified exposure and reduce concentration risk associated with traditional cap-weighted indices.

The index does not yet have a published 52-week high or low and currently holds a combined free-float market cap of over ₹63,700 crore.

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