NIFTY Next 50
This article needs additional citations for verification. (February 2022) |
Foundation | 24 December 1996 |
---|---|
Operator | NSE Indices |
Exchanges | National Stock Exchange of India |
Trading symbol | ^NSMIDCP |
Constituents | 50 |
Type | Large cap |
Weighting method | Capitalisation-weighted |
Related indices | NIFTY 50 NIFTY 500 |
Website | www |
The NIFTY Next 50 is an index for companies on the National Stock Exchange of India. It represents the next rung of liquid securities after the NIFTY 50. It consists of 50 companies representing approximately 10% of the traded value of all stocks on the National Stock Exchange of India. The NIFTY Next 50 is owned and operated by India Index Services and Products Ltd. It is quoted using the symbol NSMIDCP.
The NIFTY Next 50 and the NIFTY 50 together comprise the NIFTY 100, which represents the 100 most liquid stocks traded on the National Stock Exchange of India.
Comparison with Nifty 50[edit]
Nifty Next 50 was launched on December 24, 1996, considering November 03, 1995 as base date and 1000 as base value while Nifty 50 was launched on April 22, 1996, considering November 03, 1995 as base date and 1000 as base value. Considering the valuations now, Nifty Next 50 has greatly outperformed the Nifty 50.
Record values[edit]
Category | All-time highs[1] | |
---|---|---|
Closing | 51,139.65[2] | Monday, 11 December 2023
|
Intra-day | 51,289.55[3] | Friday, 8 December 2023 |
Constituents[edit]
The following companies constitute the NIFTY Next 50 index, as of 28 March 2024.[4][5]
Company Name | Symbol | Sector |
---|---|---|
ABB India | ABB | Capital Goods |
Adani Energy Solutions | ADANIENSOL | Energy - Power |
Adani Green Energy | ADANIGREEN | Energy - Power |
Adani Power | ADANIPOWER | Energy - Power |
Adani Total Gas | ATGL | Energy - Oil & Gas |
Ambuja Cements | AMBUJACEM | Materials |
Bajaj Holdings | BAJAJHLDNG | Financial Services |
Bank of Baroda | BANKBARODA | Banking |
Berger Paints | BERGEPAINT | Consumer Durables |
Bharat Electronics | BEL | Defence |
Bosch | BOSCHLTD | Automobile |
Canara Bank | CANBK | Banking |
Cholamandalam | CHOLAFIN | Financial Services |
Colgate-Palmolive | COLPAL | Consumer Goods |
Dabur | DABUR | Consumer Goods |
DLF | DLF | Real Estate |
DMart | DMART | Retail |
GAIL | GAIL | Energy - Oil & Gas |
Godrej Consumer Products | GODREJCP | Consumer Goods |
Havells | HAVELLS | Consumer Durables |
Hindustan Aeronautics | HAL | Defence |
ICICI Lombard General Insurance | ICICIGI | Financial Services |
ICICI Prudential Life Insurance | ICICIPRULI | Financial Services |
Indian Oil Corporation | IOC | Energy - Oil & Gas |
IndiGo | INDIGO | Airlines |
Info Edge | NAUKRI | Online Services |
IRCTC | IRCTC | Online Services |
IRFC | IRFC | Financial Services |
Jindal Steel & Power | JINDALSTEL | Metals |
Jio Financial Services | JIOFIN | Financial Services |
Life Insurance Corporation | LICI | Financial Services |
Marico | MARICO | Consumer Goods |
Pidilite Industries | PIDILITIND | Chemicals |
Power Finance Corporation | PFC | Financial Services |
Punjab National Bank | PNB | Banking |
REC | REC | Financial Services |
Samvardhana Motherson | MOTHERSON | Automobile |
SBI Card | SBICARD | Financial Services |
Shree Cement | SHREECEM | Materials |
Siemens | SIEMENS | Capital Goods |
SRF | SRF | Chemicals |
Tata Power | TATAPOWER | Energy - Power |
Torrent Pharmaceuticals | TORNTPHARM | Pharmaceuticals |
Trent | TRENT | Retail |
TVS Motor Company | TVSMOTOR | Automobile |
United Spirits | MCDOWELL-N | Consumer Goods |
Varun Beverages | VBL | Consumer Goods |
Vedanta | VEDL | Metals |
Zomato | ZOMATO | Online Services |
Zydus Lifesciences | ZYDUSLIFE | Pharmaceuticals |
See also[edit]
References[edit]
- ^ "NIFTY NEXT 50 (^NSMIDCP) Historical Data - Yahoo Finance". finance.yahoo.com. Retrieved 2023-12-11.
- ^ "India's record stock rally made investors richer by Rs 72 lakh crore in 2021". The Economic Times. 2022-12-01. Retrieved 2021-12-26.
- ^ "Markets close in red after record gains; Sensex dips to 61,716, Nifty ends at 18,419". The Hindustan Times. 2021-10-19. Retrieved 2021-12-07.
- ^ "NIFTY Next 50 Index". NSE India. Retrieved 6 October 2020.
- ^ "Index rejig: Shriram Finance, Adani Power, IRFC, Jio Financial, IREDA, Jai Balaji shares in focus today". Business Today. 29 February 2024. Retrieved 27 March 2024.
External links[edit]
- Official Homepage
- Summary for CNX Nifty Junior - Performance and statistics from Yahoo! Finance
- CNX Nifty Junior Details
- Nse Nifty next 50 Index Details