The NIFTY 50 covers 13 sectors. It gives weightage of 39.47% to financial services, 15.31% to Energy, 13.01% to IT, 12.38% to Consumer Goods, 6.11 to Automobile and nil to agricultural sector and has a base capital of Rs 2.06 trillion.
Nifty has been rallying since Feb 2016
Now we are in the corrective mode structure, its difficult to identify what kind of correction it would be