The NIFTY Next 50 is an
index
Index (or its plural form indices) may refer to:
Arts, entertainment, and media Fictional entities
* Index (''A Certain Magical Index''), a character in the light novel series ''A Certain Magical Index''
* The Index, an item on a Halo megastru ...
for companies on the
National Stock Exchange of India. It represents the next rung of
liquid securities after the
NIFTY 50
The NIFTY 50 is a benchmark Indian stock market index
In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels ...
. 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.
NSE Indices Limited (formerly known as India Index Services & Products Limited (IISL)), a subsidiary of the National Stock Exchange of India (NSE), provides a variety of indices and index related products and services to Indian capital markets ...
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.
Record values
Constituents
The companies constituting the NIFTY Next 50 index as of September 2022 are:
See also
*
BSE SENSEX
*
NSE NIFTY 500
References
External links
Official HomepageSummary for CNX Nifty Junior- Performance and statistics from
Yahoo! Finance
CNX Nifty Junior DetailsNse Nifty next 50 Index Details
{{Nifty 200 companies
Indian stock market indices
Year of establishment missing