By THE NEWSMAN OF INDIA.COM| Mumbai, 27 November 2025 — India’s benchmark Nifty, which began on its base date of 3 November 1995, continues to show solid long-term performance and high market concentration, according to a snapshot of index data up to 31 October 2025.

The full market capitalisation of Nifty constituents stood at ₹20,624,022.45 crore on 31 October 2025, representing 44.1% of the total market cap — underlining the index’s dominant share of India’s listed equity value. Over multi-year horizons the index has delivered robust compound annual growth rates: 5-year CAGR 17.2%, 10-year 12.3%, 15-year 10.2%, 20-year 12.7% and 25-year 13.1%.

The original Nifty basket from 1995 included companies across heavy industry, banking, consumer goods and petrochemicals — names such as ACC, Larsen & Toubro, Tata Steel, HDFC Bank, ICICI and Hindustan Unilever. A number of these founding firms remain central to the benchmark today; notable survivors still in the index include Reliance Industries, Hindustan Unilever, Tata Motors, HDFC Bank, ITC, Tata Steel, Hindalco, State Bank of India, ICICI Bank, Bajaj Auto, Larsen & Toubro, Dr. Reddy’s and Grasim Industries.

Market watchers say the data highlights both the Nifty’s long-term wealth-creation track record and the concentration risk that comes with a few very large constituents driving a substantial portion of the index’s capitalization.