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Nifty Energy: relative strength and momentum

Theme. Compared with Nifty 500 TRI.

As of 2026-10-23, Nifty Energy has an ArthaNiti relative-strength score of 36 out of 100 (neutral) against Nifty 500 TRI, in the Falling behind phase (losing ground, and faster); the score moved -14 points in four weeks. Returns use Official TRI (net of TER).

1 week−4.6%

1 month−7.6%

3 months−9.2%

6 months−15.0%

1 year−4.2%

3 years, a year+10.2%

5 years, a year+8.4%

Volatility, 1 year15.8%

Worst fall, 1 year−16.6%

Above 200-day averageNo

What is inside Nifty Energy: holdings and weights

Nifty Energy holds 40 stocks; the top 10 make up 59% of the index. 15% of its stocks trade above their 200-day average.

6 of 40 stocks (15%) are above their 200-day average — weak participation.
Top 10 stocks are 59% of the index; half the weight sits in 8 stocks.
Biggest 1-month driver: Petronet LNG Ltd. (+1.6%).
Largest group: Oil Gas & Consumable Fuels — 14 stocks, about 48% of the weight.

Stock	Industry	Weight	3 months	Momentum score
COALINDIA Coal India Ltd.	Oil Gas & Consumable Fuels	10.19%	−6.9%	55
RELIANCE Reliance Industries Ltd.	Oil Gas & Consumable Fuels	9.89%	−6.5%	43
ONGC Oil & Natural Gas Corporation Ltd.	Oil Gas & Consumable Fuels	9.27%	−9.8%	43
NTPC NTPC Ltd.	Power	6.10%	−14.5%	25
GAIL GAIL (India) Ltd.	Oil Gas & Consumable Fuels	4.86%	−4.7%	57
POWERGRID Power Grid Corporation of India Ltd.	Power	4.69%	−14.6%	29
BHEL Bharat Heavy Electricals Ltd.	Capital Goods	3.84%	−5.4%	77
CGPOWER CG Power and Industrial Solutions Ltd.	Capital Goods	3.72%	−8.0%	57
ADANIPOWER Adani Power Ltd.	Power	3.37%	−14.2%	51
GVT&D GE Vernova T&D India Ltd.	Capital Goods	3.30%	−14.5%	52

ETFs that track Nifty Energy

ETF	NSE symbol	Expense ratio	Tracking diff, 1 yr	AUM
Mirae Asset Nifty Energy ETF	ENERGY	0.48%	–	₹282 Cr
Motilal Oswal Nifty Energy ETF	MOENERGY	0.78%	–	₹60 Cr
Axis Nifty Energy ETF	–	1.70%	–	₹7 Cr

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