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Eternal vs TCS shares: Zomato parent’s weightage more than IT giant in Nifty 50 | Should you buy?
Eternal's Nifty 50 weightage exceeds TCS, prompting buy consideration.
Context
What happened: Eternal has overtaken Tata Consultancy Services in Nifty 50 weightage, a shift in the index toward consumer internet and growth-oriented companies.
Key numbers: Eternal weight around 2.29% versus roughly 2.08% for TCS, as of 30 September 2026.
Why it matters: The gap stems from free-float methodology, not company size. Higher Eternal weight means passive Nifty funds allocate more capital to it, while TCS's relative allocation is lower. Analysts cite market preference for consumption-led growth over IT.
What changed
Eternal has overtaken Tata Consultancy Services in Nifty 50 weightage, a shift in the index toward consumer internet and growth-oriented companies.
Why it matters
The gap stems from free-float methodology, not company size. Higher Eternal weight means passive Nifty funds allocate more capital to it, while TCS's relative allocation is lower. Analysts cite market preference for consumption-led growth over IT.