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.
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.
Constituents
The companies constituting the NIFTY Next 50 index as of September 2022 are:[1][2]
| Company Name | Symbol | Sector |
|---|---|---|
| ACC | ACC | Materials |
| Adani Green Energy | ADANIGREEN | Energy - Power |
| Adani Total Gas | ATGL | Energy - Oil & Gas |
| Adani Transmission | ADANITRANS | Energy - Power |
| Ambuja Cements | AMBUJACEM | Materials |
| Bajaj Holdings | BAJAJHLDNG | Financial Services |
| Bandhan Bank | BANDHANBNK | Banking |
| Bank of Baroda | BANKBARODA | Banking |
| Berger Paints | BERGEPAINT | Consumer Durables |
| Bharat Electronics | BEL | Electronics |
| Biocon | BIOCON | Pharmaceuticals |
| Bosch | BOSCHLTD | Automobile |
| Cholamandalam | CHOLAFIN | Financial Services |
| Colgate-Palmolive | COLPAL | Consumer Goods |
| Dabur | DABUR | Consumer Goods |
| DLF | DLF | Realty |
| DMart | DMART | Retail |
| GAIL | GAIL | Energy - Oil & Gas |
| Gland Pharma | GLAND | Pharmaceuticals |
| 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 |
| Mphasis | MPHASIS | Information Technology |
| Muthoot Finance | MUTHOOTFIN | Financial Services |
| Nykaa | NYKAA | Online Services |
| Paytm | PAYTM | Online Services |
| PI Industries | PIIND | Chemicals |
| Pidilite Industries | PIDILITIND | Chemicals |
| Procter & Gamble | 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 |
| Vedanta | VEDL | Metals |
| Zomato | ZOMATO | Online Services |
See also
References
- "NIFTY Next 50 Index". NSE India. Retrieved 6 October 2020.
- "Nifty 50 next rejig: List of stocks to be included, excluded from 31 March". mint. 23 February 2021.
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