How to add all Nifty 50 stocks in Zerodha Kite?
Short Answer
Zerodha is Indias largest discount broker in terms of the trading volume. Here you can create your own wishlist on the Kite application. The kite application is the trading terminal provided by Zerodha which is free to all its clients. The following steps can be followed to add the stocks to your watchlist.
Detailed Answer
What is Zerodha Kite?
Zerodha is India’s largest stockbroker which was formed in 2010 by Nikhil Kamath along with his older brother Nithin Kamath. Zerodha is India’s largest discount broker in terms of buying and selling volume.
Kite by Zerodha is the trading platform that Zerodha provides to all its clients for executing their trades. Kite is one of the fastest, modern and most elegant trading platform claimed by Zerodha. Zerodha provides the access to Kite to every client at no additional cost. An individual who has an account with Zerodha can use Kite for Free.
How to add all Nifty 50 stocks in Kite?
Nifty 50 is an Index comprising of the top 50 companies listed on the NSE (National Stock Exchange) in terms of market cap. These 50 stocks are chosen from various sectors of the 1600 stocks listed on the NSE. Therefore the composition of this index is rebalanced frequently according to the market capitalization of companies. The weightage of each company is based on the free-float market cap.
Some current Nifty 50 companies and their sectors
- HDFC Bank - Banking
- Reliance Industries - Energy
- Infosys Ltd - Information Technology (IT)
- TCS- IT
- HDFC - Financial Services
- ICICI Bank - banking, etc.
To add all the Nifty 50 stocks in Kite App, the following steps can be followed.
- Login into your Zerodha Kite account using your credentials (ID, Password & Pin).
- Click on the “Watchlist” icon on the bottom left corner of the app.
- Select a Fresh watchlist to add all the 50 stocks. The maximum limit of 1 watchlist is 50 stocks hence all the 50 companies of the Nifty could be added in a single watchlist.
- Click on the “Search & add” tab above the watchlist and type the name of the company that you want to add.
- After typing in the name, 2 options of the company will appear in the search results. One from (NSE), and the other from (BSE). Select the “Plus” sign on the right side of the script that you want to add.
- After this the company will appear on the watchlist. Repeat this process until you have added all the 50 companies of the Nifty.
To add the stocks in the Web Application
To add the Nifty50 stocks in the Web application of Kite, the same above steps have to be followed.
The only difference is the layout of the wishlist in the Desktop application.
- The Watchlist is placed on the left side of the terminal.
- Choose a number ranging from 1-5 to select a watchlist.
- Once a fresh wishlist is opened, repeat the same process to add the stocks to it.
By following the above-mentioned steps, you can create your own watchlist. You can view all the Nifty 50 stocks in one place conveniently with the Kite application. The same process can be followed to add other stocks from various indices, for example, “Sensex” or “BankNifty”.
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Discussion (0)
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