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Nifty Next 50
Nifty Next 50 Performance
-
Open
70,327.65
-
High
70,461.25
-
Low
69,651.80
-
Prev Close
70,268.35
-
Dividend Yeild
1.52%
-
P/E
23.2
Nifty Next 50 Chart
Color code for Stocks Performance
- 5% and above
- 5% to 2%
- 2% to 0.5%
- 0.5% to -0.5%
- -0.5% to -2%
- -2% to -5%
- -5% and below
Constituent Companies
Company | Market Cap | Market Price | Volume | Sector |
---|---|---|---|---|
Bajaj Holdings & Investment Ltd | ₹114170 Cr |
₹10315
(1.28%)
|
56361 | Finance |
Ambuja Cements Ltd | ₹142960 Cr |
₹580.55
(0.31%)
|
3007851 | Cement |
ABB India Ltd | ₹157592 Cr |
₹7429.45
(0.39%)
|
320286 | Capital Goods - Electrical Equipment |
Bosch Ltd | ₹103530 Cr |
₹35121.6
(1.07%)
|
36136 | Auto Ancillaries |
Vedanta Ltd | ₹181383 Cr |
₹464.05
(6.05%)
|
13105625 | Mining & Mineral products |
Nifty Next 50 Sector Performance
Top Performing
Sector Name | Percentage Change |
---|---|
Diamond, Gems and Jewellery | 0.6 |
IT - Hardware | 2 |
Leather | 0.53 |
Healthcare | 1.03 |
Under Performing
Sector Name | Percentage Change |
---|---|
Ceramic Products | -0.33 |
Insurance | -1.49 |
Infrastructure Investment Trusts | -0.11 |
ETF | -0.26 |
Intorduction
The banking sector's 12 most liquid and highly capitalized stocks comprise the Bank Nifty index. Investors have shortlisted this index as one of their current top picks. For some investors, trading in the Bank Nifty index is the only way to generate significant investment returns. The performance of these leading banking stocks determines how the index performs.
Nifty Next 50
The Nifty Next 50 index includes the following 50 stocks after the top-performing stocks in terms of float market capitalization. The stocks included under this index might even be prospective candidates for the Nifty 50 index in the future.
The Nifty Next 50 index comprises around 10% of the free float market capitalization of the various stocks listed under the National Stock Exchange. The index, launched in November 1996, has been known to offer high returns since the beginning.
Nifty Next 50 is more diversified, with comparatively lower exposure to financials than Nifty 50. The index particularly has exposure to emerging sectors like insurance, IT, consumption, and pharma, among others.
Nifty Next 50 has the potential to outperform Nifty 50 in the long run. Moreover, it also shows lower drawdowns during bear market cycles, despite the high volatility. Additionally, Nifty Next 50 also has an above-average valuation on a long-term basis due to the emerging blue chips.
Nifty Next 50 Scrip Selection Criteria
The Nifty Next 50 companies are selected on the basis of the following criteria:
● The company must be India-based and listed on the National Stock Exchange. Even if it’s not listed, it should be permitted to trade under the National Stock Exchange.
● Nifty Next 50 includes 50 companies from Nifty 100 after excluding the ones included under Nifty 50.
● Companies need to have an average free-float market capitalization of at least 1.5 times the average free-float market capitalization rate of the smallest stock in the index.
● The cumulative weight of index constituents not allowed for trading in the F&O segment needs to be capped at 15% according to quarterly rebalance dates.
● The weightage of all non-F&O stocks under the index is capped at 4.5% according to the quarterly rebalance dates.
Other Indices
Indices Name | Price | Price Change (% change) |
---|---|---|
India VIX | 15.55 | 0.04 (0.26%) |
Nifty 10 Yr Benchmark G-Sec | 2411.45 | 0.21 (0.01%) |
Nifty 10 Yr Benchmark G-Sec (Clean Price) | 887.29 | -0.09 (-0.01%) |
Nifty 100 | 25059.5 | -135.55 (-0.54%) |
Nifty 100 Equal Weight | 32400.05 | -124.4 (-0.38%) |
Faqs
What is nifty next 50?
The NIFTY Next 50 Index includes 50 companies from the NIFTY 100 after the NIFTY 50 companies are removed. About 10% of the free float market capitalization of the stocks listed on the NSE as of March 29, 2019, is represented by its Index. The total traded value of all index components over the last six months through March 2019 is approximately 12.7% of the total traded value of all stocks on the NSE. For Rs. 25 lakhs portfolio size, the impact cost for NIFTY Next 50 is 0.04% in March 2019.
How to invest in nifty next 50 using the 5paisa app?
Thanks to the app, 5paisa users can trade while on the go. Here is how to use the app:
● From the app stores, download the application.
● With your customer ID and password, access the app.
● By using the "Pay-in" button, you can transfer money between your bank account and trading account.
● Look up desired NIFTY Next 50 stocks.
● Set up a buy/sell order.
How is nifty next 50 calculated?
The index level for the NIFTY 50 is determined using the free-float method, which considers the market value of all the stocks included in the NIFTY 50 Index as of the base period of May 4, 2009.
What are the benefits of investing in nifty next 50?
The Nifty Next 50 offers the flavor of large-cap stocks without the risk of over-diversification. The Nifty Next 50 Index fund also offers many advantages, such as:
● The volatility of stocks is low.
● It offers a comparatively high appetite for risk.
● The Nifty Next 50 index has no full allocation to any single stock. As a result, Nifty Next 50 has a significant advantage over Nifty 50.
● The majority of the companies in the Nifty Next 50 index are growth-oriented.
What are the NIFTY Next 50 stocks?
Here are the NIFTY Next 50 stocks:
1 |
Adani Enterprises |
2 |
Aditya Birla Nuvo |
3 |
Apollo Hospitals |
4 |
Ashok Leyland |
5 |
Bajaj Holdings & Investment |
6 |
Bank Of India |
7 |
Bharat Forge |
8 |
Biocon |
9 |
Bosch |
10 |
Canara Bank |
11 |
CG Power & Industrial |
12 |
Colgate |
13 |
Container Corporation |
14 |
Cummins India |
15 |
Dabur |
16 |
Divis Laboratories |
17 |
Exide Industries |
18 |
Federal Bank |
19 |
Glenmark Pharma |
20 |
Gmr Infra |
21 |
Godrej Consumer |
22 |
Gsk Consumer |
23 |
Gsk Pharma |
24 |
Hpcl |
25 |
Idbi Bank |
26 |
Indian Hotels |
27 |
Indusind Bank |
28 |
Jsw Steel |
29 |
Lic Housing |
30 |
Mphasis |
31 |
Oracle Financial |
32 |
Petronet Lng |
33 |
Power Finance Corporation |
34 |
Rec |
35 |
Reliance Capital |
36 |
Reliance Communications |
37 |
Reliance Power |
38 |
Sail |
39 |
Shriram Transport |
40 |
Tata Chemicals |
41 |
Tech Mahindra |
42 |
Titan |
43 |
Torrent Power |
44 |
Union Bank |
45 |
United Spirits |
46 |
Upl |
47 |
Vodafone Idea |
48 |
Yes Bank |
49 |
Zee Entertainment |
50 |
Siemens |
What is the difference between Nifty Next 50 & Nifty 50?
Check out the key difference between NIFTY 50 and NIFTY Next 50:
NIFTY 50
The NIFTY 50 represents 50 businesses picked from among the NIFTY 100. Its foundation is the free-float market capitalization and liquid companies. These companies have an average impact cost of less than or equal to 0.50% for 90% of observations (taking a size of Rs. 10 crores into account). The National Stock Exchange (NSE) must offer derivative contracts for the constituents.
NIFTY Next 50
The Nifty Next 50 index, formerly known as the NIFTY Junior index, includes only the first 50 companies from the NIFTY 100. Its objective is to evaluate the performance of big market-cap companies.
Why should you consider investing in the Nifty Next 50 Index?
You can try to invest in the Nifty Next 50 index for the following reasons:
● Higher returns: The index has managed to offer high annualized returns since its inception. Compared to the 12% returns of Nifty, Nifty Next 50 delivers around 16%. But most of these returns come in a single year. Therefore, it’s better to invest in both Nifty 50 and Nifty Next 50.
● Improved diversification: Investing in the Nifty Next 50 offers more diversification than the Nifty 50 index. The allocation of Nifty Next 50 isn’t concentrated on any particular stock.
How to find the best stocks from the Nifty Next 50 index?
Investors use multiple criteria to find the best stocks from the Nifty Next 50 index. Some popular ratios to use are the return on capital employed and the return on equity. The parameters ensure that you will be able to find the companies with maximum profits.
What does the Nifty Next 50 index mainly include?
The Nifty Next 50 index is primarily made up of small stocks. Even though the index offers high returns, the volatility rate is also extremely high. The index behaves more like a mid-cap fund than a large-cap one.
Which Nifty Next 50 company had the highest profitability in the last five years?
Companies experiencing high-profit growth witness their stock prices going up despite fluctuations in the market. In the past five years, Info Edge (India) Ltd. had the highest profit growth among all the Nifty Next 50 companies.
How can I invest in the Nifty Next 50?
Nifty Next 50 is one of the widest benchmarks in the market. Therefore, you will be able to easily track the price changes of companies listed under it. After that, you will be able to invest in a preferable stock using your trading account.
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