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 list of companies currently constituting the NIFTY Next 50 index are:[1][2]

Company NameSymbolSector
ACCACCCement
Adani EnterprisesADANIENTMetals
Adani Green EnergyADANIGREENEnergy - Power
Adani TransmissionADANITRANSEnergy - Power
Ambuja CementsAMBUJACEMCement
Avenue SupermartsDMARTRetail
Bajaj HoldingsBAJAJHLDNGFinancial Services
Bandhan BankBANDHANBNKBanking
Bank of BarodaBANKBARODABanking
Berger PaintsBERGEPAINTConsumer Goods
BioconBIOCONPharmaceuticals
BoschBOSCHLTDIndustrials
CholamandalamCHOLAFINFinancial Services
Colgate-PalmoliveCOLPALConsumer Goods
DaburDABURConsumer Goods
DLFDLFConstruction
GAILGAILEnergy - Oil & Gas
Gland PharmaGLANDPharmaceuticals
Godrej Consumer ProductsGODREJCPConsumer Goods
HavellsHAVELLSConsumer Durables
HDFC AMCHDFCAMCFinancial Services
ICICI Lombard General InsuranceICICIGIFinancial Services
ICICI Prudential Life InsuranceICICIPRULIFinancial Services
Indian Oil CorporationIOCEnergy - Oil & Gas
Indus TowersINDUSTOWERTelecommunication
Info EdgeNAUKRIInternet Services
Interglobe AviationINDIGOAirlines
Jubilant FoodWorksJUBLFOODConsumer Goods
L&T InfotechLTIInformation Technology
LupinLUPINPharmaceuticals
MaricoMARICOConsumer Goods
MindtreeMINDTREEInformation Technology
Muthoot FinanceMUTHOOTFINFinancial Services
NMDCNMDCMetals
NykaaNYKAAInternet Services
PaytmPAYTMInternet Services
PI IndustriesPIINDChemicals
Pidilite IndustriesPIDILITINDChemicals
Piramal EnterprisesPELPharmaceuticals
Procter & GamblePGHHConsumer Goods
Punjab National BankPNBBanking
SBI CardSBICARDFinancial Services
SiemensSIEMENSIndustrials
SRFSRFChemicals
Steel Authority of IndiaSAILMetals
Torrent PharmaceuticalsTORNTPHARMPharmaceuticals
United SpiritsMCDOWELL-NConsumer Goods
VedantaVEDLMetals
ZomatoZOMATOInternet Services
Zydus LifesciencesZYDUSLIFEPharmaceuticals

See also

References

  1. "NIFTY Next 50 Index". NSE India. Retrieved 6 October 2020.
  2. "Nifty 50 next rejig: List of stocks to be included, excluded from 31 March". mint. 23 February 2021.
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