Nifty Midcap 50 Overview | Indian Indices by Motilal Oswal

Performance

No performance data available

Market Movers

nifty midcap 50 Stocks

What is the Nifty Midcap 50?

The Nifty Midcap 50 is a broad market stock index created by the National Stock Exchange (NSE) that tracks the performance of 50 companies in the mid-cap segment listed on the NSE. Mid-cap companies are those that are ranked between 101 and 250 in terms of full market capitalisation.

The Nifty Midcap 50 index is designed to represent about 7% of the total free-float market capitalisation of all of the stocks listed on the National Stock Exchange. The top five sectors include financial services, capital goods, healthcare, automobiles and auto components, and information technology.

What is the calculation method for Nifty Midcap 50?

The Nifty Midcap 50 index is calculated using the free-float market capitalisation method. Step 1 calculates the free-float market capitalisation: Market Capitalisation = Current Market Price x Number of Shares Available for Trading. Then: Free-Float Market Capitalisation = Market Capitalisation x Free-Float Factor. Here, the base date is January 1, 2004, and the base index value is 1,000.

Selection criteria for stock inclusion in the Nifty Midcap 50

The stock must be a part of the Nifty Midcap 150 index. The top 100 companies from the Nifty Midcap 150 index based on the average daily full market cap and average daily turnover during the previous six months are considered for inclusion. Out of this list, the top 50 stocks based on their average free-float market capitalisation for the last six months are selected.

The top 30 F&O stocks in terms of the average free-float market cap for the last six months from the Nifty Midcap 150 are included. Stocks will be excluded if their rank falls below 70 in the top 100 companies in terms of the average free-float market capitalisation or if they are excluded from the Nifty Midcap 150.

The Nifty Midcap 50 is reviewed and rebalanced semi-annually in January and July. If there are any changes to the stocks in the index, they are done on the last day of March and September.

Index FAQ's

The Nifty Midcap 50 index was created by NSE Indices Limited, a subsidiary of the National Stock Exchange (NSE). NSE Indices Limited currently holds the rights and ownership of the index.

You cannot purchase the Nifty Midcap 50 since it is a market index and not a stock. That said, if you wish to gain exposure to the index, you can purchase units of a mutual fund that is based on the Nifty Midcap 50.

When picking stocks from the Nifty Midcap 50, you need to consider a range of factors including market capitalisation, financial performance, growth prospects, valuation, and the management's performance track record. You also need to consider your own financial goals.