What does NIFTY NEXT 50 index comprise of?
Nifty Next 50 index represents 50 companies from Nifty 100 excluding Nifty 50 companies. Nifty Next 50 is an Index and single stock futures. It represents approximately 12% of the free float market capitalization of the stocks listed on NSE as on 31st March, 2016.
After Nifty 50, Nifty Next 50 included largest stocks which are giving good earnings. Currently, in May, 2015, BOSCH Ltd. is upgraded from Nifty next 50 to Nifty 50.
The Nifty Next 50 is currently made up of the following stocks.
Sr. No | Stock Name |
1 | ABB |
2 | Apollo Hospitals Enterprise |
3 | Ashok Leyland |
4 | Bajaj Finserv |
5 | Bajaj Finance |
6 | Bharat Electronics |
7 | Bharat Forge |
8 | Britannia Industries |
9 | Cadila Healthcare |
10 | Cairn India |
11 | Castrol India |
12 | Colgate Palmolive |
13 | Container Corporation |
14 | Cummins India |
15 | Dabur India |
16 | Divi’s Laboratories |
17 | DLF |
18 |
|
19 | Glaxo SmithKline Pharmaceuticals |
20 | Glenmark Pharmaceuticals |
21 | Godrej Consumer Products |
22 | Glaxo SmithKline Consumer Healthcare |
23 | Hindustan Petroleum Corporation |
24 | Hindustan Zinc |
25 | Indiabulls Housing Finance |
26 | Indian Oil Corporation |
27 | JSW Steel |
28 | LIC Housing Finance |
29 | Marico |
30 | United Spirits |
31 | Motherson Sumi Systems |
32 | NHPC |
33 | NMDC |
34 | Oracle Financial Services Software |
35 | Oil India |
36 | Power Finance Corporation |
37 | Procter & Gamble Hygiene and Health Care |
38 | Pidilite Industries |
39 | Punjab National Bank |
40 | Reliance Communications |
41 | Rural Electrification |
42 | Steel Authority of India |
43 | Shree Cements |
44 | Siemens |
45 | Shriram Transport Finance |
46 | Titan |
47 | Torrent Pharmaceuticals |
48 | United Breweries |
49 | UPL |
50 | Vedanta |