New Delhi, May 20 -- The NSE Nifty index, more popularly known as the Nifty, is a widely followed stock market benchmark in India and abroad. Launched in 1996 with an initial base value of 1,000, the index comprises some of India's top companies across diverse sectors including banking, IT, retail, telecom, oil and gas, and automotive.

Several prominent companies form part of the Nifty. From these, we have selected five companies that are experiencing rapid revenue growth. These stocks were filtered using Equitymaster's company screener.

First on the list is Jio Financial Services, part of Mukesh Ambani's Reliance group. The stock was included in the NSE Nifty this March, replacing Britannia Industries due to its superior market capital...