NIFTY Next 50

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.

NSE NIFTY NEXT 50
Performance of the NIFTY NEXT 50 index between 2000 and 2023
Foundation24 December 1996 (1996-12-24)
OperatorNSE Indices
ExchangesNational Stock Exchange of India
Constituents50
Weighting methodCapitalisation-weighted

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

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

Category All-time highs[1]
Closing45,413.40[2]Thursday, 15 September 2022

Intra-day45,509.70[3]Thursday, 15 September 2022

Constituents

The companies constituting the NIFTY Next 50 index as of April 2023 are:[4][5]

Company NameSymbolSector
ABB IndiaABBCapital Goods
ACCACCMaterials
Adani Green EnergyADANIGREENEnergy - Power
Adani Total GasATGLEnergy - Oil & Gas
Adani TransmissionADANITRANSEnergy - Power
Adani WilmarAWLConsumer Goods
Ambuja CementsAMBUJACEMMaterials
Bajaj HoldingsBAJAJHLDNGFinancial Services
Bank of BarodaBANKBARODABanking
Berger PaintsBERGEPAINTConsumer Durables
Bharat ElectronicsBELElectronics
BoschBOSCHLTDAutomobile
Canara BankCANBKBanking
CholamandalamCHOLAFINFinancial Services
Colgate-PalmoliveCOLPALConsumer Goods
DaburDABURConsumer Goods
DLFDLFReal Estate
DMartDMARTRetail
GAILGAILEnergy - Oil & Gas
Godrej Consumer ProductsGODREJCPConsumer Goods
HavellsHAVELLSConsumer Durables
HDFC AMCHDFCAMCFinancial Services
Hindustan AeronauticsHALDefence
ICICI Lombard General InsuranceICICIGIFinancial Services
ICICI Prudential Life InsuranceICICIPRULIFinancial Services
Indian Oil CorporationIOCEnergy - Oil & Gas
IndiGoINDIGOAirlines
Indus TowersINDUSTOWERTelecommunication
Info EdgeNAUKRIOnline Services
IRCTCIRCTCOnline Services
LTIMindtreeLTIMInformation Technology
Life Insurance CorporationLICIFinancial Services
MaricoMARICOConsumer Goods
Muthoot FinanceMUTHOOTFINFinancial Services
NykaaNYKAAOnline Services
Page IndustriesPAGEINDConsumer Durables
PI IndustriesPIINDChemicals
Pidilite IndustriesPIDILITINDChemicals
Procter & Gamble HygienePGHHConsumer Goods
Samvardhana MothersonMOTHERSONAutomobile
SBI CardSBICARDFinancial Services
Shree CementSHREECEMMaterials
SiemensSIEMENSCapital Goods
SRFSRFChemicals
Tata PowerTATAPOWEREnergy - Power
Torrent PharmaceuticalsTORNTPHARMPharmaceuticals
United SpiritsMCDOWELL-NConsumer Goods
Varun BeveragesVBLConsumer Goods
VedantaVEDLMetals
ZomatoZOMATOOnline Services

See also

References

  1. "Indian stock exchange". 2022-01-12.
  2. "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.
  3. "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.
  4. "NIFTY Next 50 Index". NSE India. Retrieved 6 October 2020.
  5. "Nifty rejig: Adani Wilmar, Canara Bk included. Which stocks may see higher flows". mint. 20 February 2023. Retrieved 27 March 2023.
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