India stocks

#	Company	Market Cap	P/E	KGVe	P/S	AAQS
1	Reliance Industries RELIANCE.NS INE002A01018 1 RELIANCE.NS	19.44 T INR	27.91	26.42	1.98	7
2	HDFC Bank HDFCBANK.NS INE040A01034 2 HDFCBANK.NS	14.24 T INR	20.12	22.56	3.02	5
3	Bharti Airtel BHARTIARTL.NS INE397D01024 3 BHARTIARTL.NS	11.57 T INR	34.46	121.10	6.69	6
4	State Bank of India SBIN.NS INE062A01020 4 SBIN.NS	11.15 T INR	14.38	21.84	1.68	5
5	ICICI Bank ICICIBANK.NS INE090A01021 5 ICICIBANK.NS	10.12 T INR	19.83	30.41	3.44	6
6	Tata Consultancy Services TCS.NS INE467B01029 6 TCS.NS	9.8 T INR	20.18	22.83	3.84	8
7	Bajaj Finance BAJFINANCE.NS INE296A01032 7 BAJFINANCE.NS	6.31 T INR	37.92	54.33	9.05	7
8	Larsen and Toubro LT.NS INE018A01030 8 LT.NS	5.78 T INR	38.44	56.72	2.26	8
9	Infosys INFY.NS INE009A01021 9 INFY.NS	5.54 T INR	20.74	22.17	3.40	9
10	Life Insurance Corporation Of India LICI.NS INE0J1Y01017 10 LICI.NS	5.46 T INR	11.30	23.11	0.61	4
11	Hindustan Unilever HINDUNILVR.NS INE030A01027 11 HINDUNILVR.NS	5.45 T INR	51.16	54.48	8.63	7
12	Maruti Suzuki India MARUTI.NS INE585B01010 12 MARUTI.NS	4.73 T INR	32.63	57.86	3.09	8
13	Kotak Mahindra Bank KOTAKBANK.NS INE237A01036 13 KOTAKBANK.NS	4.22 T INR	19.08	39.65	3.95	5
14	Axis Bank AXISBANK.NS INE238A01034 14 AXISBANK.NS	4.14 T INR	14.77	23.52	2.66	5
15	Sun Pharmaceutical Industries SUNPHARMA.NS INE044A01036 15 SUNPHARMA.NS	4.08 T INR	37.32	48.60	7.76	8
16	ITC ITC.NS INE154A01025 16 ITC.NS	3.98 T INR	11.46	21.29	4.88	8
17	HCL Technologies HCLTECH.NS INE860A01027 17 HCLTECH.NS	3.97 T INR	22.83	25.81	3.39	9
18	UltraTech Cement ULTRACEMCO.NS INE481G01011 18 ULTRACEMCO.NS	3.82 T INR	63.24	67.41	5.03	7
19	Titan Company TITAN.NS INE280A01028 19 TITAN.NS	3.71 T INR	111.18	110.32	6.14	8
20	Adani Ports and Special Economic Zone ADANIPORTS.NS INE742F01042 20 ADANIPORTS.NS	3.55 T INR	32.02	49.73	11.65	9
21	NTPC NTPC.NS INE733E01010 21 NTPC.NS	3.52 T INR	15.03	20.61	1.87	7
22	Oil and Natural Gas Corporation ONGC.NS INE213A01029 22 ONGC.NS	3.37 T INR	9.29	6.98	0.51	5
23	Bajaj Finserv BAJAJFINSV.NS INE918I01026 23 BAJAJFINSV.NS	3.28 T INR	36.95	43.84	2.43	7
24	Bharat Electronics BEL.NS INE263A01024 24 BEL.NS	3.18 T INR	59.81	111.04	13.39	9
25	JSW Steel JSWSTEEL.NS INE019A01038 25 JSWSTEEL.NS	3.05 T INR	87.07	68.12	1.81	3
26	Adani Enterprises ADANIENT.NS INE423A01024 26 ADANIENT.NS	2.82 T INR	39.78	105.28	2.88	3
27	Hindustan Aeronautics HAL.NS INE066F01020 27 HAL.NS	2.82 T INR	33.68	57.53	9.09	7
28	Power Grid Corporation of India POWERGRID.NS INE752E01010 28 POWERGRID.NS	2.79 T INR	17.99	19.40	6.10	6
29	Adani Power ADANIPOWER.NS INE814H01029 29 ADANIPOWER.NS	2.78 T INR	21.51	22.60	4.95	6
30	Eternal ETERNAL.NS INE758T01015 30 ETERNAL.NS	2.72 T INR	515.66	-203.47	13.42	3
31	Vedanta VEDL.NS INE205A01025 31 VEDL.NS	2.7 T INR	18.00	23.28	1.76	5
32	Bajaj Auto BAJAJ-AUTO.NS INE917I01010 32 BAJAJ-AUTO.NS	2.68 T INR	36.62	48.52	5.28	9
33	Tata Steel TATASTEEL.NS INE081A01020 33 TATASTEEL.NS	2.57 T INR	75.09	25.59	1.18	2
34	Avenue Supermarts DMART.NS INE192R01011 34 DMART.NS	2.54 T INR	93.91	99.79	4.28	8
35	Coal India COALINDIA.NS INE522F01014 35 COALINDIA.NS	2.52 T INR	7.13	8.76	1.76	8
36	Hindustan Zinc HINDZINC.NS INE267A01025 36 HINDZINC.NS	2.51 T INR	24.24	22.42	7.36	8
37	Indian Oil Corporation IOC.NS INE242A01010 37 IOC.NS	2.47 T INR	18.19	26.07	0.29	3
38	Nestle India NESTLEIND.NS INE239A01024 38 NESTLEIND.NS	2.47 T INR	77.10	41.43	12.24	9
39	Wipro WIPRO.NS INE075A01022 39 WIPRO.NS	2.41 T INR	18.38	19.16	2.71	7
40	Asian Paints ASIANPAINT.NS INE021A01026 40 ASIANPAINT.NS	2.3 T INR	62.69	56.93	6.78	8
41	Eicher Motors EICHERMOT.NS INE066A01021 41 EICHERMOT.NS	2.21 T INR	46.73	78.16	11.72	9
42	SBI Life Insurance Company SBILIFE.NS INE123W01016 42 SBILIFE.NS	2.05 T INR	84.92	114.58	1.75	3
43	Hindalco Industries HINDALCO.NS INE038A01020 43 HINDALCO.NS	2.04 T INR	12.74	19.80	0.85	6
44	Shriram Finance SHRIRAMFIN.NS INE721A01047 44 SHRIRAMFIN.NS	2.02 T INR	21.17	32.84	4.85	7
45	Grasim Industries GRASIM.NS INE047A01021 45 GRASIM.NS	1.98 T INR	53.48	79.60	1.33	6
46	Interglobe Aviation INDIGO.NS INE646L01027 46 INDIGO.NS	1.91 T INR	26.33	-252.44	2.36	5
47	TVS Motor Company TVSMOTOR.NS INE494B01023 47 TVSMOTOR.NS	1.81 T INR	80.90	120.37	4.10	7
48	Hyundai Motor India HYUNDAI.NS INE0V6F01027 48 HYUNDAI.NS	1.78 T INR	31.55	—	2.57	4
49	Jio Financial Services JIOFIN.NS INE758E01017 49 JIOFIN.NS	1.67 T INR	103.44	—	81.65	4
50	Divi's Laboratories DIVISLAB.NS INE361B01024 50 DIVISLAB.NS	1.63 T INR	74.56	85.94	17.45	6
51	Bharat Petroleum Corporation BPCL.NS INE029A01011 51 BPCL.NS	1.62 T INR	12.18	58.66	0.32	6
52	DLF DLF.NS INE271C01023 52 DLF.NS	1.59 T INR	36.49	68.34	19.94	4
53	Adani Green Energy ADANIGREEN.NS INE364U01010 53 ADANIGREEN.NS	1.57 T INR	108.43	227.05	13.96	3
54	Varun Beverages VBL.NS INE200M01039 54 VBL.NS	1.55 T INR	51.02	72.31	6.97	8
55	HDFC Life Insurance Company HDFCLIFE.NS INE795G01014 55 HDFCLIFE.NS	1.52 T INR	83.99	92.14	1.56	5
56	LTIMindtree LTIM.NS INE214T01019 56 LTIM.NS	1.52 T INR	33.01	31.53	3.99	9
57	Pidilite Industries PIDILITIND.NS INE318A01026 57 PIDILITIND.NS	1.51 T INR	72.90	109.71	11.52	9
58	Tech Mahindra TECHM.NS INE669C01036 58 TECHM.NS	1.5 T INR	35.38	24.50	2.84	6
59	Trent TRENT.NS INE849A01020 59 TRENT.NS	1.49 T INR	96.21	298.34	8.68	7
60	Bank of Baroda BANKBARODA.NS INE028A01039 60 BANKBARODA.NS	1.49 T INR	7.17	11.75	0.97	4
61	Britannia Industries BRITANNIA.NS INE216A01030 61 BRITANNIA.NS	1.47 T INR	67.53	75.24	8.20	9
62	Cholamandalam Investment and Finance Company CHOLAFIN.NS INE121A01024 62 CHOLAFIN.NS	1.46 T INR	34.26	54.01	5.69	7
63	Indian Railway Finance Corp IRFC.NS INE053F01010 63 IRFC.NS	1.46 T INR	22.40	—	5.36	6
64	Muthoot Finance MUTHOOTFIN.NS INE414G01012 64 MUTHOOTFIN.NS	1.4 T INR	26.33	38.94	6.95	7
65	Union Bank of India UNIONBANK.NS INE692A01016 65 UNIONBANK.NS	1.4 T INR	7.76	17.18	1.08	5
66	Samvardhana Motherson International MOTHERSON.NS INE775A01035 66 MOTHERSON.NS	1.4 T INR	36.73	81.65	1.23	7
67	Torrent Pharmaceuticals TORNTPHARM.NS INE685A01028 67 TORNTPHARM.NS	1.38 T INR	72.14	112.64	11.97	8
68	Power Finance Corporation PFC.NS INE134E01011 68 PFC.NS	1.38 T INR	5.98	12.90	1.28	7
69	Punjab National Bank PNB.NS INE160A01022 69 PNB.NS	1.36 T INR	7.38	49.47	0.97	4
70	Canara Bank CANBK.NS INE476A01022 70 CANBK.NS	1.32 T INR	7.55	13.37	0.87	5
71	Ambuja Cements AMBUJACEM.NS INE079A01024 71 AMBUJACEM.NS	1.3 T INR	31.14	38.87	3.70	7
72	Jindal Steel JINDALSTEL.NS INE749A01030 72 JINDALSTEL.NS	1.24 T INR	43.93	24.74	2.48	4
73	Godrej Consumer Products GODREJCP.NS INE102D01028 73 GODREJCP.NS	1.23 T INR	66.49	69.14	8.57	8
74	Indus Towers INDUSTOWER.NS INE121J01017 74 INDUSTOWER.NS	1.23 T INR	12.39	53.15	4.08	7
75	ABB India ABB.NS INE117A01022 75 ABB.NS	1.23 T INR	65.59	103.95	10.07	7
76	IDBI Bank IDBI.NS INE008A01015 76 IDBI.NS	1.22 T INR	16.03	—	3.59	3
77	Cummins India CUMMINSIND.NS INE298A01020 77 CUMMINSIND.NS	1.22 T INR	61.06	123.12	11.75	9
78	Tata Power Company TATAPOWER.NS INE245A01021 78 TATAPOWER.NS	1.22 T INR	30.73	33.44	1.86	6
79	Ashok Leyland ASHOKLEY.NS INE208A01029 79 ASHOKLEY.NS	1.22 T INR	39.26	106.06	2.51	5
80	HDFC Asset Management Company HDFCAMC.NS INE127D01025 80 HDFCAMC.NS	1.22 T INR	49.51	80.27	30.22	9
81	Bajaj Holdings and Investment BAJAJHLDNG.NS INE118A01012 81 BAJAJHLDNG.NS	1.21 T INR	18.57	—	177.26	5
82	Adani Energy Solutions ADANIENSOL.NS INE931S01010 82 ADANIENSOL.NS	1.19 T INR	111.94	84.84	4.99	6
83	Solar Industries India SOLARINDS.NS INE343H01029 83 SOLARINDS.NS	1.19 T INR	98.05	158.73	15.73	9
84	Indian Bank INDIANB.NS INE562A01011 84 INDIANB.NS	1.18 T INR	10.45	21.95	1.63	6
85	Polycab India POLYCAB.NS INE455K01017 85 POLYCAB.NS	1.17 T INR	57.70	97.14	5.20	9
86	Siemens SIEMENS.NS INE003A01024 86 SIEMENS.NS	1.15 T INR	54.45	61.05	6.60	5
87	BSE BSE.NS INE118H01025 87 BSE.NS	1.14 T INR	86.15	473.39	36.35	8
88	Tata Consumer Products TATACONSUM.NS INE192A01025 88 TATACONSUM.NS	1.13 T INR	88.11	95.74	6.39	7
89	Hero MotoCorp HEROMOTOCO.NS INE158A01026 89 HEROMOTOCO.NS	1.12 T INR	25.50	38.78	2.73	8
90	Apollo Hospitals Enterprise APOLLOHOSP.NS INE437A01024 90 APOLLOHOSP.NS	1.09 T INR	75.69	125.68	5.02	9
91	CG Power and Industrial Solutions CGPOWER.NS INE067A01029 91 CGPOWER.NS	1.08 T INR	111.31	156.99	10.95	7
92	Gail (India) GAIL.NS INE129A01019 92 GAIL.NS	1.08 T INR	8.70	18.07	0.76	5
93	Cipla CIPLA.NS INE059A01026 93 CIPLA.NS	1.08 T INR	20.39	34.35	3.90	9
94	Lodha Developers LODHA.NS INE670K01029 94 LODHA.NS	1.07 T INR	38.80	92.28	7.78	7
95	Dr Reddy's Laboratories DRREDDY.NS INE089A01031 95 DRREDDY.NS	1.07 T INR	18.96	26.35	3.28	8
96	Bosch BOSCHLTD.NS INE323A01026 96 BOSCHLTD.NS	1.05 T INR	51.94	70.54	5.79	5
97	Max Healthcare Institute MAXHEALTH.NS INE027H01010 97 MAXHEALTH.NS	1.05 T INR	97.27	91.31	14.89	4
98	United Spirits UNITDSPR.NS INE854D01024 98 UNITDSPR.NS	1.02 T INR	64.42	101.98	3.74	3

Economy and Politics

India is the seventh-largest economy in the world. In addition, it is the fastest-growing major nation. India will become the most populous country in the world by 2023-2025. Population and wealth growth are driving the country forward.

India will surpass China with 1.42 billion inhabitants, but it remains one of the poorest countries in the world. Numerous reforms of the last 10 years have been successful, as the majority of state-owned enterprises have gradually been privatized. However, India is still at the very beginning. The annual income amounts to only 2,000 USD.

India is considered the largest democracy in the world, with a predominantly Hindu population and an economy that is a mix of state-owned and private enterprise. However, the government is increasingly privatizing state-owned enterprises, opening up opportunities for private investors.

IT Outsourcing, IT Consulting, automobile production, telecommunications, and banking dominate the Indian economy and drive the country forward.

The COVID-19 pandemic was a severe blow to India, but it will not hinder long-term growth. India is progressing in a very positive direction overall: less regulation, more free market, more free trade, less religious and artificial self-restraint. However, corruption, "nepotism," and bureaucracy still prevail in India. The Hindu caste system, in which each population group must stay within its own ranks, supports this system. Both have been dismantled slower than expected, but it is heading in the right direction.

The ADR model and investing for foreign investors

To invest in India, one can trade with an ADR. An American Depository Receipt is a certificate that represents the right to own a share. So instead of buying the actual stock, you're buying "the right to a share". ADRs are always denominated in USD, which is why you can trade certificates of Indian stocks in America only in USD. ADRs are used to easily list foreign companies on a US exchange and are highly established. German, French, and Swiss companies also use ADRs to list their stocks on US exchanges.

The largest companies

The largest companies are Reliance Industries Limited and Tata Consultancy Services Ltd. But subsidiaries of the well-known companies Unilever and Nestlé are also active in India. Tata is one of the largest Indian IT service companies in the field of products and licenses.

Reliance is an industrial conglomerate and India's most valuable company. It is the number 1 oil and gas company, telecommunications provider, and retailer in India. No other company in India has created more value in the past 25 years than Reliance Industries. The strategy is based on the three pillars mentioned above, supported by over 181 subsidiaries and 11 affiliated companies.

The largest and most important trading places.

The National Stock Exchange NSE is India's largest securities exchange based in Mumbai. All stocks are listed in the local currency Indian Rupees (INR). It was the first fully digital exchange (similar to the XETRA trading venue of the Frankfurt Stock Exchange) in India and was established only in 1992.

Performance of the Indexes

The two national stock indices are the SENSEX30 and the Nifty 50. Since 1999, the Indian stock market has had a return of 12.5% per year. The S&P500, on the other hand, only had a return of 9.5% per year during the same period: an outperformance of 32% per year or exactly 3 percentage points per year. Currently, the Nifty 50 stands at over 17,000 points and the Sensex30 at over 57,800 points.

Trading hours in India

Stock trading is updated every second during trading hours from 9:55 am to 3:30 pm local time (5:25 am to 11:00 am CET). An index composition review is conducted every three months.