The NIFTY Next 50 is an Indian stock market index provided and maintained by NSE Indices. 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. It is quoted using the symbol NIFTYJR.
The NIFTY Next 50 and the NIFTY 50 together comprise the NIFTY 100, which represents the top 100 companies trading on the National Stock Exchange of India based on full market capitalisation. The Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies.
The Nifty Next 50 Index represents about 10% of the free float market capitalization of the stocks listed on NSE as on September 29, 2023. The total traded value for the last six months September 2023 of all index constituents is approximately 11.2% of the traded value of all stocks on NSE.
Methodology The level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value. This methodology is similar to the one employed to add stocks to NIFTY 50.
Stocks are added to the index based on the following criteria:
Represents 50 companies from Nifty 100 after excluding the constituents of Nifty 50. Cumulative weight of index constituents that are not available for trading in F&O segment (Non F&O stocks) is capped at 10% on a quarterly rebalance dates. Weightage of non F&O stocks in the index are individually capped at 4.5% on quarterly rebalance dates.
The index is re-balanced on semi-annual basis. The cut-off date is January 31 and July 31 every year and average data for the previous six months from the cut-off date is considered to filter stocks. A notice of 4 weeks from the date of change is given to market participants so that they can prepare for any changes.
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. Nifty Next 50 has outperformed the Nifty 50 considering returns from its start date to April 2024.
Record values CategoryAll-time highs Closing 74,059.40 Thursday, 11 July 2024 Intra-day 74,453.30 Friday, 12 July 2024
Constituents
The following companies constitute the NIFTY Next 50 index, as of 1 April 2026.
Company Name Symbol Sector ABB India ABB Capital Goods Adani Energy Solutions ADANIENSOL Power Adani Green Energy ADANIGREEN Power Adani Power ADANIPOWER Power Ambuja Cements AMBUJACEM Construction Materials Bajaj Holdings BAJAJHLDNG Financial Services Bank of Baroda BANKBARODA Financial Services Bharat Petroleum BPCL Oil, Gas & Consumable Fuels Britannia Industries BRITANNIA Fast Moving Consumer Goods Bosch BOSCHLTD Automobile and Auto Components Canara Bank CANBK Financial Services CG Power and Industrial Solutions CGPOWER Capital Goods Cholamandalam CHOLAFIN Financial Services Cummins India CUMMINSIND Capital Goods Divi's Laboratories DIVISLAB Healthcare DLF DLF Realty DMart DMART Consumer Services GAIL GAIL Oil, Gas & Consumable Fuels Godrej Consumer Products GODREJCP Fast Moving Consumer Goods HDFC Asset Management HDFCAMC Financial Services Hindustan Aeronautics HAL Capital Goods Hindustan Zinc HINDZINC Metals & Mining Hyundai Motor India HYUNDAI Automobile and Auto Components Indian Hotels Company INDHOTEL Consumer Services Indian Oil Corporation IOC Oil, Gas & Consumable Fuels IRFC IRFC Financial Services Jindal Steel JINDALSTEL Metals & Mining Lodha LODHA Realty LTM LTM Information Technology Mazagon Dock Shipbuilders MAZDOCK Capital Goods Muthoot Finance MUTHOOTFIN Financial Services Pidilite Industries PIDILITIND Chemicals Power Finance Corporation PFC Financial Services Punjab National Bank PNB Financial Services REC RECLTD Financial Services Samvardhana Motherson MOTHERSON Automobile and Auto Components Shree Cement SHREECEM Construction Materials Siemens SIEMENS Capital Goods Siemens Energy ENRIN Capital Goods Solar Industries SOLARINDS Chemicals Tata Capital TATACAP Financial Services Tata Motors TMCV Automobile and Auto Components Tata Power TATAPOWER Power Torrent Pharmaceuticals TORNTPHARM Healthcare TVS Motor Company TVSMOTOR Automobile and Auto Components Union Bank of India UNIONBANK Financial Services United Spirits UNITDSPR Fast Moving Consumer Goods Varun Beverages VBL Fast Moving Consumer Goods Vedanta VEDL Metals & Mining Zydus Lifesciences ZYDUSLIFE Healthcare
See also
NIFTY 50 BSE SENSEX NSE NIFTY 500
References
External links Summary for CNX Nifty Junior – Performance and statistics from Yahoo! Finance CNX Nifty Junior Details Nse Nifty next 50 Index Details