February 15, 2024
Snapshot Top 10: Nifty 50 India Index CNX Nifty 50



The Top 10 performing stocks in the Nifty 50 India Index CNX Nifty 50 are shown for seven different investment strategies. Whether you are looking for value, growth or dividend stocks, or you want stocks that rank well overall, you can see the top 10 stock picks, together with how they rank on a scale of 1 to 100 from the perspective of different investment strategies. We have also added our newest Sentiment and 360° View ranks, which encapsulate the market voices of analysts and professional investors into a simple ranking for easily evaluating stocks. As an objective research provider, Obermatt has been refining its stock analysis algorithms for more than 10 years (no AI used here!)

Select any stock for the detailed analysis of that stock's performance across the different investment analyses. Please note that the Top 10 stocks focus only on Large to XX-Large companies.


What the six ranks mean

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

Special Analysis: TOP 10 Dividend Investment Strategy

Many people ask for tips about dividend stocks. These are the Top 10 dividend stocks in the Nifty 50 India Index CNX Nifty 50 as of February 15, 2024.

TOP 10 Dividend Investment Strategy Value Strategy DIVIDEND Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. HCL (XL, IN)  IT Consulting & oth. Services
1. HCL (XL, IN)   IT Consulting & oth. Services 89 59 82 89
2. Bharat Petroleum (XXL, IN)  Oil & Gas Refining
2. Bharat Petroleum (XXL, IN)   Oil & Gas Refining 84 77 57 60
3. Hero Motocorp (XL, IN)  Motorcycle Manufacturers
3. Hero Motocorp (XL, IN)   Motorcycle Manufacturers 84 87 92 87
4. Bajaj Auto (XL, IN)  Motorcycle Manufacturers
4. Bajaj Auto (XL, IN)   Motorcycle Manufacturers 82 52 96 96
5. Tech Mahindra (XL, IN)  IT Consulting & oth. Services
5. Tech Mahindra (XL, IN)   IT Consulting & oth. Services 80 72 29 6
6. Infosys (XXL, IN)  IT Consulting & oth. Services
6. Infosys (XXL, IN)   IT Consulting & oth. Services 75 46 22 39
7. Coal India (XXL, IN)  Coal & Consumable Fuels
7. Coal India (XXL, IN)   Coal & Consumable Fuels 71 12 8 55
8. Indian Oil (XXL, IN)  Oil & Gas Refining
8. Indian Oil (XXL, IN)   Oil & Gas Refining 71 62 49 53
9. Tata Consultancy Services (XXL, IN)  IT Consulting & oth. Services
9. Tata Consultancy Services (XXL, IN)   IT Consulting & oth. Services 71 34 50 75
10. Oil and Natural Gas (XXL, IN)  Oil & Gas Integrated
10. Oil and Natural Gas (XXL, IN)   Oil & Gas Integrated 70 64 54 69

☀ This company has a special achievement which is documented on its stock research page.

February 15, 2024. Top 10s are published weekly following the . ( or for more stocks)


CNX Nifty 50 Top 10: Obermatt 360° Investment Strategy

TOP 10 Obermatt 360° Investment Strategy 360° Strategy 360° VIEW Value Strategy VALUE Combined Strategy COMBINED Sentiment Strategy SENTIMENT
1. Bajaj Auto (XL, IN)   Motorcycle Manufacturers
1. Bajaj Auto (XL, IN)   Motorcycle Manufacturers 96 52 96 82
2. Gail (XXL, IN)   Gas Utilities
2. Gail (XXL, IN)   Gas Utilities 90 58 83 65
3. HCL (XL, IN)   IT Consulting & oth. Services
3. HCL (XL, IN)   IT Consulting & oth. Services 89 59 82 82
4. Maruti Suzuki (XL, IN)   Automobile Manufacturers
4. Maruti Suzuki (XL, IN)   Automobile Manufacturers 88 85 84 87
5. Adani Ports Zone (L, IN)   Marine Ports & Services
5. Adani Ports Zone (L, IN)   Marine Ports & Services 88 16 65 100
6. Hero Motocorp (XL, IN)   Motorcycle Manufacturers
6. Hero Motocorp (XL, IN)   Motorcycle Manufacturers 87 87 92 50
7. Cipla (L, IN)   Pharmaceuticals
7. Cipla (L, IN)   Pharmaceuticals 86 57 73 78
8. Hindalco (XXL, IN)   Aluminum
8. Hindalco (XXL, IN)   Aluminum 84 86 90 65
9. ITC (XL, IN)   Tobacco
9. ITC (XL, IN)   Tobacco 84 22 88 48
10. SBI Life Insurance (XL, IN)   Life & Health Insurance
10. SBI Life Insurance (XL, IN)   Life & Health Insurance 82 23 97 48

February 15, 2024. Top 10s are published weekly following the . ( or for more stocks)


CNX Nifty 50 Top 10: Sentiment Investment Strategy

TOP 10 Sentiment Investment Strategy Sentiment Strategy SENTIMENT Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Icici Bank (XXL, IN)   Diversified Banks
1. Icici Bank (XXL, IN)   Diversified Banks 100 11 35 79
2. Sun Pharmaceuticals (XL, IN)   Pharmaceuticals
2. Sun Pharmaceuticals (XL, IN)   Pharmaceuticals 100 31 51 72
3. Adani Ports Zone (L, IN)   Marine Ports & Services
3. Adani Ports Zone (L, IN)   Marine Ports & Services 100 16 65 88
4. Mahindra & Mahindra (XL, IN)   Automobile Manufacturers
4. Mahindra & Mahindra (XL, IN)   Automobile Manufacturers 96 62 42 70
5. Reliance (XXL, IN)   Oil & Gas Refining
5. Reliance (XXL, IN)   Oil & Gas Refining 95 13 32 76
6. Dr. Reddy's (L, IN)   Pharmaceuticals
6. Dr. Reddy's (L, IN)   Pharmaceuticals 94 67 57 80
7. Asian Paints (XL, IN)   Specialty Chemicals
7. Asian Paints (XL, IN)   Specialty Chemicals 94 23 27 65
8. Coal India (XXL, IN)   Coal & Consumable Fuels
8. Coal India (XXL, IN)   Coal & Consumable Fuels 92 12 8 55
9. Power Grid (XL, IN)   Electric Utilities
9. Power Grid (XL, IN)   Electric Utilities 90 37 34 68
10. Bajaj Finserv (XL, IN)   Other Financial Services
10. Bajaj Finserv (XL, IN)   Other Financial Services 88 30 40 62

February 15, 2024. Top 10s are published weekly following the . ( or for more stocks)


CNX Nifty 50 Top 10: Value Investment Strategy

TOP 10 Value Investment Strategy Value Strategy VALUE Growth Strategy GROWTH Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Hero Motocorp (XL, IN)   Motorcycle Manufacturers
1. Hero Motocorp (XL, IN)   Motorcycle Manufacturers 87 77 92 87
2. Hindalco (XXL, IN)   Aluminum
2. Hindalco (XXL, IN)   Aluminum 86 63 90 84
3. Maruti Suzuki (XL, IN)   Automobile Manufacturers
3. Maruti Suzuki (XL, IN)   Automobile Manufacturers 85 27 84 88
4. UPL (XL, IN)   Fertilizers & Agricultural Chemicals
4. UPL (XL, IN)   Fertilizers & Agricultural Chemicals 81 27 35 20
5. Bharat Petroleum (XXL, IN)   Oil & Gas Refining
5. Bharat Petroleum (XXL, IN)   Oil & Gas Refining 77 81 57 60
6. Tata Motors (XXL, IN)   Automobile Manufacturers
6. Tata Motors (XXL, IN)   Automobile Manufacturers 74 77 47 78
7. Tech Mahindra (XL, IN)   IT Consulting & oth. Services
7. Tech Mahindra (XL, IN)   IT Consulting & oth. Services 72 15 29 6
8. Eicher Motors (L, IN)   Motorcycle Manufacturers
8. Eicher Motors (L, IN)   Motorcycle Manufacturers 71 37 58 75
9. Dr. Reddy's (L, IN)   Pharmaceuticals
9. Dr. Reddy's (L, IN)   Pharmaceuticals 67 37 57 80
10. Oil and Natural Gas (XXL, IN)   Oil & Gas Integrated
10. Oil and Natural Gas (XXL, IN)   Oil & Gas Integrated 64 51 54 69

February 15, 2024. Top 10s are published weekly following the . ( or for more stocks)


CNX Nifty 50 Top 10: Growth Investment Strategy

TOP 10 Growth Investment Strategy Growth Strategy GROWTH Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. Adani Ports Zone (L, IN)   Marine Ports & Services
1. Adani Ports Zone (L, IN)   Marine Ports & Services 100 16 65 88
2. NTPC (XXL, IN)   Power Producers & Traders
2. NTPC (XXL, IN)   Power Producers & Traders 97 41 65 77
3. Larsen & Toubro (XXL, IN)   Construction & Engineering
3. Larsen & Toubro (XXL, IN)   Construction & Engineering 95 35 62 63
4. Icici Bank (XXL, IN)   Diversified Banks
4. Icici Bank (XXL, IN)   Diversified Banks 93 11 35 79
5. ITC (XL, IN)   Tobacco
5. ITC (XL, IN)   Tobacco 93 22 88 84
6. Bharti Airtel (XXL, IN)   Wireless Telecommunication
6. Bharti Airtel (XXL, IN)   Wireless Telecommunication 90 6 32 48
7. UltraTech Cement (XL, IN)   Construction Materials
7. UltraTech Cement (XL, IN)   Construction Materials 89 28 61 62
8. JSW Steel (XXL, IN)   Steel
8. JSW Steel (XXL, IN)   Steel 87 63 51 45
9. Shree Cement (L, IN)   Construction Materials
9. Shree Cement (L, IN)   Construction Materials 87 12 43 51
10. Indian Oil (XXL, IN)   Oil & Gas Refining
10. Indian Oil (XXL, IN)   Oil & Gas Refining 83 62 49 53

February 15, 2024. Top 10s are published weekly following the . ( or for more stocks)


CNX Nifty 50 Top 10: Safety Investment Strategy

TOP 10 Safety Investment Strategy Safety Strategy SAFETY Value Strategy VALUE Combined Strategy COMBINED 360° Strategy 360° VIEW
1. HDFC Life Insurance (XL, IN)  Life & Health Insurance
1. HDFC Life Insurance (XL, IN)   Life & Health Insurance 100 24 96 16
2. Divi's Laboratories (L, IN)  Life Sciences Tools & Services
2. Divi's Laboratories (L, IN)   Life Sciences Tools & Services 99 19 77 63
3. ITC (XL, IN)  Tobacco
3. ITC (XL, IN)   Tobacco 97 22 88 84
4. SBI Life Insurance (XL, IN)  Life & Health Insurance
4. SBI Life Insurance (XL, IN)   Life & Health Insurance 87 23 97 82
5. Bajaj Auto (XL, IN)  Motorcycle Manufacturers
5. Bajaj Auto (XL, IN)   Motorcycle Manufacturers 85 52 96 96
6. Cipla (L, IN)  Pharmaceuticals
6. Cipla (L, IN)   Pharmaceuticals 75 57 73 86
7. Nestlé India (L, IN)  Packaged Foods & Meats
7. Nestlé India (L, IN)   Packaged Foods & Meats 71 4 44 46
8. Maruti Suzuki (XL, IN)  Automobile Manufacturers
8. Maruti Suzuki (XL, IN)   Automobile Manufacturers 65 85 84 88
9. Bajaj Finance (XL, IN)  Consumer Finance
9. Bajaj Finance (XL, IN)   Consumer Finance 65 5 56 28
10. Gail (XXL, IN)  Gas Utilities
10. Gail (XXL, IN)   Gas Utilities 62 58 83 90

February 15, 2024. Top 10s are published weekly following the . ( or for more stocks)


CNX Nifty 50 Top 10: Combined Investment Strategy

TOP 10 Combined Investment Strategy Combined Strategy COMBINED Value Strategy VALUE Growth Strategy GROWTH 360° Strategy 360° VIEW
1. SBI Life Insurance (XL, IN)  Life & Health Insurance
1. SBI Life Insurance (XL, IN)   Life & Health Insurance 97 23 73 82
2. HDFC Life Insurance (XL, IN)  Life & Health Insurance
2. HDFC Life Insurance (XL, IN)   Life & Health Insurance 96 24 37 16
3. Bajaj Auto (XL, IN)  Motorcycle Manufacturers
3. Bajaj Auto (XL, IN)   Motorcycle Manufacturers 96 52 81 96
4. Hero Motocorp (XL, IN)  Motorcycle Manufacturers
4. Hero Motocorp (XL, IN)   Motorcycle Manufacturers 92 87 77 87
5. Hindalco (XXL, IN)  Aluminum
5. Hindalco (XXL, IN)   Aluminum 90 86 63 84
6. ITC (XL, IN)  Tobacco
6. ITC (XL, IN)   Tobacco 88 22 93 84
7. Maruti Suzuki (XL, IN)  Automobile Manufacturers
7. Maruti Suzuki (XL, IN)   Automobile Manufacturers 84 85 27 88
8. Gail (XXL, IN)  Gas Utilities
8. Gail (XXL, IN)   Gas Utilities 83 58 83 90
9. HCL (XL, IN)  IT Consulting & oth. Services
9. HCL (XL, IN)   IT Consulting & oth. Services 82 59 75 89
10. Divi's Laboratories (L, IN)  Life Sciences Tools & Services
10. Divi's Laboratories (L, IN)   Life Sciences Tools & Services 77 19 65 63

February 15, 2024. Top 10s are published weekly following the . ( or for more stocks)


☀ This company has a special achievement which is documented on its stock research page.

Top 10 lists may contain fewer than 10 stocks due to Obermatt’s top 10 quality standards.

Top 10 Stocks from the purely fact-based Obermatt Method in the stock index Nifty 50 India Index CNX Nifty 50 from February 15, 2024.

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