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.
Performance of the NIFTY NEXT 50 index between 2000 and 2023 | |
| Foundation | 24 December 1996 |
|---|---|
| Operator | NSE Indices |
| Exchanges | National Stock Exchange of India |
| Trading symbol | ^NSMIDCP |
| Constituents | 50 |
| Type | Large cap |
| Weighting method | Capitalisation-weighted |
| Related indices | NIFTY 50 NIFTY 500 |
| Website | www |
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.
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