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Nifty Energy is NSE India’s sectoral Index of equity stocks belonging to India’s Power and Oil & Gas Sector Companies. The Index is designed to reflect the behavior and performance of companies that represent the petroleum, gas, and power sector. The Index comprises a maximum of 10 stocks. Weights of each stock in the NIFTY Energy index are calculated based on its free-float market capitalization. The components are selected such that no single stock has more than 33%, and weights of the top 3 stocks cumulatively do not exceed 62% at the time of rebalancing.