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.
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![]() Performance of the NIFTY NEXT 50 index between 2000 and 2023 | |
Foundation | 24 December 1996 |
---|---|
Operator | NSE Indices |
Exchanges | National Stock Exchange of India |
Constituents | 50 |
Weighting method | Capitalisation-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] | |
---|---|---|
Closing | 45,413.40[2] | Thursday, 15 September 2022 |
Intra-day | 45,509.70[3] | Thursday, 15 September 2022 |
Constituents
The companies constituting the NIFTY Next 50 index as of April 2023 are:[4][5]
Company Name | Symbol | Sector |
---|---|---|
ABB India | ABB | Capital Goods |
ACC | ACC | Materials |
Adani Green Energy | ADANIGREEN | Energy - Power |
Adani Total Gas | ATGL | Energy - Oil & Gas |
Adani Transmission | ADANITRANS | Energy - Power |
Adani Wilmar | AWL | Consumer Goods |
Ambuja Cements | AMBUJACEM | Materials |
Bajaj Holdings | BAJAJHLDNG | Financial Services |
Bank of Baroda | BANKBARODA | Banking |
Berger Paints | BERGEPAINT | Consumer Durables |
Bharat Electronics | BEL | Electronics |
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 |
HDFC AMC | HDFCAMC | Financial Services |
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 |
Indus Towers | INDUSTOWER | Telecommunication |
Info Edge | NAUKRI | Online Services |
IRCTC | IRCTC | Online Services |
LTIMindtree | LTIM | Information Technology |
Life Insurance Corporation | LICI | Financial Services |
Marico | MARICO | Consumer Goods |
Muthoot Finance | MUTHOOTFIN | Financial Services |
Nykaa | NYKAA | Online Services |
Page Industries | PAGEIND | Consumer Durables |
PI Industries | PIIND | Chemicals |
Pidilite Industries | PIDILITIND | Chemicals |
Procter & Gamble Hygiene | PGHH | Consumer Goods |
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 |
United Spirits | MCDOWELL-N | Consumer Goods |
Varun Beverages | VBL | Consumer Goods |
Vedanta | VEDL | Metals |
Zomato | ZOMATO | Online Services |
See also
References
- "Indian stock exchange". 2022-01-12.
- "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.
- "Nifty rejig: Adani Wilmar, Canara Bk included. Which stocks may see higher flows". mint. 20 February 2023. Retrieved 27 March 2023.
External links
- Official Homepage
- Summary for CNX Nifty Junior - Performance and statistics from Yahoo! Finance
- CNX Nifty Junior Details
- Nse Nifty next 50 Index Details