The Nifty Next 50 is an index that measures the performance of the next 50 stocks that comes after the stocks in Nifty 50 Index in order of float market capitalization, and they may be contenders for inclusion in the Nifty 50 index.
|Company Name||Market Capitalization(in Cr.)|
|Adani Green Energy Ltd||2,85,150 Cr.|
|Avenue Supermarts Ltd||2,37,121 Cr.|
|Adani Transmission Ltd||2,29,474 Cr.|
|Hindustan Zinc Ltd||1,18,499 Cr.|
|Pidilite Industries Ltd||1,08,365 Cr.|
The Financial Services sector accounts for 20.12% of the Nifty Next 50 Index's weight, followed by the FMCG (Fast Moving Consumer Goods) sector, which weighs in at 12.93%, and the Metals and Mining sectors, which account for 11.10% of the index.
It represents 50 companies from NIFTY 100 after excluding the constituents of NIFTY 50. NIFTY Next 50 is computed using free float market capitalization method wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value.
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