NIFTY Next 50

NSE NIFTY NEXT 50
Performance of NIFTY Next 50 between 2000 and 2024
Foundation24 December 1996 (27 years ago) (24 December 1996)
OperatorNSE Indices
ExchangesNational Stock Exchange of India
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 a 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]

  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. ^ "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. ^ "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. ^ 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. ^ "Nifty Next 50 Index - NSE India". NSE India. Archived from the original on 2024-03-05. Retrieved 2024-04-10.