New Delhi, July 27 -- The composition of the Nifty 500 index has shifted over the years, with financials, industrials, and consumer discretionary dominating the index at the current juncture, reflecting India's evolving economic landscape.

The composition and performance of the Nifty 500 over the past 26 years reflect a structural transformation of India Inc.

"The composition and performance of the Nifty 500 over the past 26 years highlight the structural transformation of corporate India-from a commodity- and manufacturing-heavy universe at the turn of the millennium to one increasingly driven by financial intermediation, services and importantly, domestic demand," an NSE report noted.

The NSE report highlights that financials have em...