About NIFTY Housing The NIFTY Housing Index is a stock market index that tracks the performance of companies involved in the housing sector, including housing finance, construction, cement, and related industries. It comprises 50 companies selected based on their six-month average free-float market capitalization from eligible basic industries. The index is weighted by free-float market capitalization, with sector weights capped at 25% and individual stock weights capped at 10%. It serves as a benchmark for asset managers and is used for creating index funds, exchange-traded funds (ETFs), and structured products.
