Index Information
| Parameters | Nifty 50 | Nifty Next 50 | Nifty Midcap Select | Nifty Bank | Nifty Financial Services | |
|---|---|---|---|---|---|---|
| Index Description |
Nifty 50 index is a well-diversified 50 companies index reflecting overall market conditions. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and passive products such as ETFs and index funds. |
Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. |
Nifty Midcap Select index aims to track the performance of a portfolio of 25 liquid midcap stocks. Stocks are selected from the Nifty Midcap 150 index based on availability for trading in the F&O segment, market cap and average daily turnover. |
Nifty Bank Index comprises of the most liquid and large Indian Banking stocks. It provides investors and market intermediaries a benchmark that captures the capital market performance of the Indian banks. The Index comprises of maximum 12 companies listed on National Stock Exchange of India (NSE). |
Nifty Financial Services Index is designed to reflect the behaviour and performance of the Indian financial market which includes banks, financial institutions, housing finance, insurance companies and other financial services companies. The Nifty Finance Index comprises of 20 stocks that are listed/ traded at NSE |
|
| Base Date | November 03,1995 | November 04, 1996 | October 03, 2005 | January 01, 2000 | January 01, 2004 | |
| Base Index Value | 1000 points | |||||
| Methodology | ||||||
| Details of scripts | Click here for the details | |||||
| Frequency of review for inclusion /exclusion of scrips | Semi annual | |||||
| Frequency of review of methodology of index construction | Annual | |||||
| Market Coverage Note1 | 44% | 18% | 4% | 9% | 13% | |
| Volume Coverage Note2 | 27% | 15% | 5% | 9% | 11% | |
| Calculation frequency of the index | Real time | |||||
| Historical price data of index movement | Click here for the Historical price data of Index | |||||
| 52 week high/low of the index | ||||||
| Index Factsheet | Nifty 50 | Nifty Next 50 | Nifty Midcap Select | Nifty Bank | Nifty Financial Services | |
Note1 : Market coverage – Market capitalization of the index as a percentage of the total market capitalization as on September 30, 2024.
Note2 : Volume coverage – Daily traded turnover of index as percentage of total market turnover is calculated considering average for six months ending September 2024.
Updated on: 20/01/2025
