NIFTY Next 50

❧

Wikipedia

NSE NIFTY NEXT 50
Performance of NIFTY Next 50 between 2000 and 2024
Foundation24 December 1996 (28 years ago) (24 December 1996)
OperatorNSE Indices
ExchangesNSE
Trading symbol^NIFTYJR [1]
Constituents50
TypeLarge cap
Weighting methodCapitalisation-weighted
Related indicesNIFTY 50
NIFTY 500
Websitewww.nseindia.com/products-services/indices-niftynext50-index

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.[2][3]

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.[4]

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.[5]

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.[2]

Stocks are added to the index based on the following criteria:[2]

  1. Represents 50 companies from Nifty 100 after excluding the constituents of Nifty 50.
  2. 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.
  3. 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.[2]

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.[2] Nifty Next 50 has outperformed the Nifty 50 considering returns from its start date to April 2024.[3][4]

Record values

Category All-time highs[6]
Closing74,059.40Thursday, 11 July 2024
Intra-day74,453.30Friday, 12 July 2024

Constituents

The following companies constitute the NIFTY Next 50 index, as of 30 September 2025.[5]

Company NameSymbolSector
ABB IndiaABBCapital Goods
Adani Energy SolutionsADANIENSOLPower
Adani Green EnergyADANIGREENPower
Adani PowerADANIPOWERPower
Ambuja CementsAMBUJACEMConstruction Materials
Bajaj HoldingsBAJAJHLDNGFinancial Services
Bajaj Housing FinanceBAJAJHFLFinancial Services
Bank of BarodaBANKBARODAFinancial Services
Bharat PetroleumBPCLOil, Gas & Consumable Fuels
Britannia IndustriesBRITANNIAFast Moving Consumer Goods
BoschBOSCHLTDAutomobile and Auto Components
Canara BankCANBKFinancial Services
CG Power and Industrial SolutionsCGPOWERCapital Goods
CholamandalamCHOLAFINFinancial Services
Divi's LaboratoriesDIVISLABHealthcare
DLFDLFRealty
DMartDMARTConsumer Services
GAILGAILOil, Gas & Consumable Fuels
Godrej Consumer ProductsGODREJCPFast Moving Consumer Goods
HavellsHAVELLSConsumer Durables
Hindustan AeronauticsHALCapital Goods
Hindustan ZincHINDZINCMetals & Mining
Hyundai Motor IndiaHYUNDAIAutomobile and Auto Components
ICICI Lombard General InsuranceICICIGIFinancial Services
Indian Hotels CompanyINDHOTELConsumer Services
Indian Oil CorporationIOCOil, Gas & Consumable Fuels
Info EdgeNAUKRIConsumer Services
IRFCIRFCFinancial Services
Jindal SteelJINDALSTELMetals & Mining
JSW EnergyJSWENERGYPower
Life Insurance CorporationLICIFinancial Services
LodhaLODHARealty
LTIMindtreeLTIMInformation Technology
Mazagon Dock ShipbuildersMAZDOCKCapital Goods
Pidilite IndustriesPIDILITINDChemicals
Power Finance CorporationPFCFinancial Services
Punjab National BankPNBFinancial Services
RECRECLTDFinancial Services
Samvardhana MothersonMOTHERSONAutomobile and Auto Components
Shree CementSHREECEMConstruction Materials
SiemensSIEMENSCapital Goods
Siemens EnergyENRINCapital Goods
Solar IndustriesSOLARINDSChemicals
Tata PowerTATAPOWERPower
Torrent PharmaceuticalsTORNTPHARMHealthcare
TVS Motor CompanyTVSMOTORAutomobile and Auto Components
United SpiritsUNITDSPRFast Moving Consumer Goods
Varun BeveragesVBLFast Moving Consumer Goods
VedantaVEDLMetals & Mining
Zydus LifesciencesZYDUSLIFEHealthcare

See also

References

  1. ↑ "Nifty Next 50 Index Price Today, Nifty Next 50 share price, Nifty Next 50 Live Charts". Business Today. 2024-06-12. Archived from the original on 2023-08-17. Retrieved 2024-06-12.
  2. 1 2 3 4 5 "Nifty Next 50 Factsheet - NSE Indices" (PDF). NSE Indices. 2024-03-28. Archived (PDF) from the original on 2024-04-12. Retrieved 2024-04-13.
  3. 1 2 "What is Junior Nifty Index in Stock Market?". ICICI Direct. 2022-03-10. Archived from the original on 2023-01-28. Retrieved 2024-04-12.
  4. 1 2 Sahu, Sridhar (2023-02-01). "Nifty 50 vs Nifty Next 50 vs Nifty 100 - Which large cap Index To Pick?". ET Money. Archived from the original on 2023-12-05. Retrieved 2024-04-12.
  5. 1 2 "Nifty Next 50 Index - NSE India". NSE India. Archived from the original on 2024-03-05. Retrieved 2024-04-10.
  6. ↑ "NIFTY_NEXT_50 - Google Finance". Google Finance. 2024-07-04. Archived from the original on 2024-07-04. Retrieved 2024-04-13.