NIFTY Full Midcap 100 Index

Index is one of the important parameters to capture the sentiments of the stock markets but simply one index can’t capture the sentiments of all corners of the market,therefore there are multiple indices created to capture the complete sentiments of markets. Some of the indices are generally created to capture the broader market sentiments. NIFTY Full Mid-cap 100 Index is one such index, which captures overall direction of mid-cap segment of the Indian share markets.

Through this article you will get to know:

  • What is Nifty Midcap 100 Index or NIFTY Full Midcap 100 Index  
  • Complete list of Stocks used to calculate the NIFTY Midcap 100 Index
  • Sector Representation in Nifty MidCap Index 
  • Fundamentals of NIFTY Midcap 100 Index
  • Top constituents by weightage in the Midcap 100 Index
  • Midcap 100 Index Historical data and chart

What is Nifty Midcap 100 Index:

Nifty Midcap 100 index is an index which mainly captures the price of movement of 100 midcap stocks listed on the National Stock Exchange representing the midcap segment of the market.

The Nifty Midcap index has all companies from Nifty midcap 50 and remaining 50 stocks are taken from the Nifty Midcap 150 index based on the average daily turnover in the index.

Following are few important points of the index

  • Free Float Market Capitalization method is used to calculate the nifty midcap 100 index
  • There are 100 stocks used to calculate the index
  • It was launched on April 1st , 2016
  • Base date is April 1st, 2005
  • Base value of Nifty midcap index is 1000
  • Calculation frequency is on daily basis and the index re-balancing is done semi annually

List of Nifty Midcap Index Stocks (Last Updated on May 2018)

Company Name Industry Last Recorded Share Price 52 week High 52 Week Low EPS PE Volume
AIA Engineering Ltd. INDUSTRIAL MANUFACTURING 1440.8 1709.75 1273 43.07 33.45 19161
AU Small Finance Bank Ltd. FINANCIAL SERVICES 709 748.4 496.25 10 70.9 199496
Adani Enterprises Ltd. SERVICES 127.2 223.5 104.8 7.19 17.7 4815033
Adani Power Ltd. ENERGY 24.35 47.8 23.1 -5.49 #N/A 17829555
Aditya Birla Fashion and Retail Ltd. CONSUMER GOODS 144.9 188.45 133.85 0.34 422.14 968777
Ajanta Pharmaceuticals Ltd. PHARMA 1102.35 1696.95 1095.8 53.24 20.71 186267
Alkem Laboratories Ltd. PHARMA 2017 2469 1578.3 58.62 34.41 13410
Amara Raja Batteries Ltd. AUTOMOBILE 869.8 941 664.55 26.97 32.25 518202
Apollo Hospitals Enterprises Ltd. HEALTHCARE SERVICES 1030.8 1358 957.15 #N/A #N/A 344596
Apollo Tyres Ltd. AUTOMOBILE 282.95 307.25 217.25 13.29 21.29 2873706
Arvind Ltd. TEXTILES 428.95 478.5 353.25 11.7 36.67 4636086
Balkrishna Industries Ltd. AUTOMOBILE 1209.95 1352.2 712.5 4.43 273.19 413556
Bank of India FINANCIAL SERVICES 99.6 216.8 91.35 18.95 5.25 5035176
Bata India Ltd. CONSUMER GOODS 776 832.8 510.7 #N/A #N/A 357763
Berger Paints India Ltd. CONSUMER GOODS 267.4 287.45 230.55 4.74 56.43 357562
Bharat Financial Inclusion Ltd. FINANCIAL SERVICES 1142.05 1172.2 651 32.56 35.08 443059
Bharat Forge Ltd. INDUSTRIAL MANUFACTURING 723.95 798 510.25 1.24 582.32 369523
Biocon Ltd. PHARMA 626.95 677.9 295 6.27 99.99 1523428
CRISIL Ltd. FINANCIAL SERVICES 1774.55 2023 1761 43.71 40.59 3947
Canara Bank FINANCIAL SERVICES 247.85 463.7 225.2 32.36 7.66 6228640
Castrol India Ltd. ENERGY 177 226 171.5 7.02 25.2 1414324
Central Bank of India FINANCIAL SERVICES 71.65 123.25 62.65 #N/A #N/A 311682
Century Textile & Industries Ltd. CEMENT & CEMENT PRODUCTS 1071.8 1471.2 1013 36.57 29.31 492435
Cholamandalam Investment and Finance Company Ltd. FINANCIAL SERVICES 1577 1760.05 985.25 62.39 25.28 324625
Coromandel International Ltd. FERTILISERS & PESTICIDES 453 586.75 376 22.66 19.99 106521
Crompton Greaves Consumer Electricals Ltd. CONSUMER GOODS 236.75 295 200.05 4.9 48.33 401438
Dalmia Bharat Ltd. CEMENT & CEMENT PRODUCTS 2758 3350 2299.5 56.58 48.74 114283
Dewan Housing Finance Corporation Ltd. FINANCIAL SERVICES 621.65 679 387.2 23.73 26.19 4069389
Dish TV India Ltd. MEDIA & ENTERTAINMENT 72.75 102.3 63.7 -0.57 #N/A 4577739
Divi’s Laboratories Ltd. PHARMA 1187.8 1220.85 532.65 #N/A #N/A 260948
Dr. Lal Path Labs Ltd. HEALTHCARE SERVICES 825.45 969.95 723.05 19.81 41.67 108762
Edelweiss Financial Services Ltd. FINANCIAL SERVICES 284.7 309.1 166.25 9.76 29.17 671939
Endurance Technologies Ltd. AUTOMOBILE 1165 1419.75 782.2 25.45 45.77 59771
Engineers India Ltd. CONSTRUCTION 154 206.4 140.65 #N/A #N/A 947297
Exide Industries Ltd. AUTOMOBILE 259.5 270.5 192.4 #N/A #N/A 2682929
Federal Bank Ltd. FINANCIAL SERVICES 89.55 127.65 87.3 3.15 28.46 125525242
GMR Infrastructure Ltd. CONSTRUCTION 18.7 25.05 14.2 -2.75 #N/A 18687267
Godrej Industries Ltd. CONSUMER GOODS 580.1 699 512.55 7.73 75.01 268605
Gruh Finance Ltd. FINANCIAL SERVICES 692 719 377 9.91 69.83 147125
Gujarat Pipavav Port Ltd. SERVICES 143 168.3 126.25 4.71 30.39 41863
Gujarat State Petronet Ltd. ENERGY 180.9 235.8 154.75 9.68 18.68 1140119
Hexaware Technologies Ltd. IT 424 458.05 228 17.3 24.51 2675581
Housing & Urban Development Corporation Ltd. FINANCIAL SERVICES 60.25 102.3 59.6 4.21 14.32 1392049
IDBI Bank Ltd. FINANCIAL SERVICES 66.6 91.5 50.2 #N/A #N/A 9875582
IDFC Bank Ltd. FINANCIAL SERVICES 43.55 71.15 43.55 2.98 14.62 12596470
IDFC Ltd. FINANCIAL SERVICES 53.5 68.9 48.3 3.7 14.47 3932508
IRB Infrastructure Developers Ltd. CONSTRUCTION 257 286.2 193.5 26.17 9.82 2362273
Indian Bank FINANCIAL SERVICES 313 427.4 253.05 20.13 15.55 12262256
Indian Hotels Co. Ltd. SERVICES 139.45 160.95 103.4 0.55 254.94 1182439
Indraprastha Gas Ltd. ENERGY 262.9 1624 260.3 6.54 40.19 1346387
Info Edge (India) Ltd. IT 1222 1460 827.25 5.22 233.88 15635
Ipca Laboratories Ltd. PHARMA 724 760 400 5.92 122.37 464747
JSW Energy Ltd. ENERGY 69.6 97.5 59.55 0.48 145 1669559
Jindal Steel & Power Ltd. METALS 245.85 294.3 102.7 -12.54 #N/A 23532992
Jubilant Foodworks Ltd. CONSUMER GOODS 2478 2668.8 817.2 10.97 225.96 1693538
Jubilant Life Sciences Ltd. PHARMA 843.1 1039 600 40.89 20.62 1723949
Karur Vysya Bank Ltd. FINANCIAL SERVICES 100.1 161.4 96 7.79 12.86 3676864
L&T Finance Holdings Ltd. FINANCIAL SERVICES 177.7 213.85 119.35 7.42 23.95 4226204
Mahanagar Gas Ltd. ENERGY 858.5 1377.5 852 47.84 17.94 395144
Mahindra & Mahindra Financial Services Ltd. FINANCIAL SERVICES 496.1 534 289.95 17.59 28.2 865262
Manappuram Finance Ltd. FINANCIAL SERVICES 121.15 130.45 82.1 8.17 14.83 5593081
Mangalore Refinery & Petrochemicals Ltd. ENERGY 105.5 146.7 102.65 #N/A #N/A 1174196
Max Financial Services Ltd. FINANCIAL SERVICES 515.2 683.95 417.3 1.89 272.95 1311984
MindTree Ltd. IT 1020 1098 439.05 34.37 29.68 1385624
MphasiS Ltd. IT 995.4 1060 525.5 39.13 25.44 574659
Muthoot Finance Ltd. FINANCIAL SERVICES 432.1 525.5 357.45 16.81 25.7 1040195
NATCO Pharma Ltd. PHARMA 800 1090 671.1 32.81 24.38 516173
NBCC (India) Ltd. CONSTRUCTION 100.9 291.3 100.9 2.13 47.45 1143851
National Aluminium Co. Ltd. METALS 76.9 97.6 60.7 3.06 25.17 6850507
Oberoi Realty Ltd. CONSTRUCTION 530 610 335.3 13.51 39.23 618803
PC Jeweller Ltd. CONSUMER GOODS 207.45 600.65 94.55 10.17 20.39 46745430
PI Industries Ltd. FERTILISERS & PESTICIDES 866 1034 675 #N/A #N/A 40980
PNB Housing Finance Ltd. FINANCIAL SERVICES 1305.1 1717.65 1070.2 49.22 26.52 490690
Page Industries Ltd. TEXTILES 23970 25789.95 13841.45 286.48 83.67 5708
Prestige Estates Projects Ltd. CONSTRUCTION 294.5 356.8 221.05 9.38 31.39 55638
RBL Bank Ltd. FINANCIAL SERVICES 517.3 569.9 443.3 11.82 43.76 747441
Rajesh Exports Ltd. CONSUMER GOODS 639.3 874 625 41.61 15.36 175072
Reliance Capital Ltd. FINANCIAL SERVICES 405.5 879.9 393.6 52.18 7.77 2586223
Reliance Communications Ltd. TELECOM 13.9 40.15 9.6 -15.94 #N/A 76169836
Reliance Infrastructure Ltd. ENERGY 413.55 620.05 390.55 53.16 7.78 2253793
Reliance Power Ltd. ENERGY 36.1 65.2 34.6 3.69 9.79 5176473
SRF Ltd. TEXTILES 2230.4 2446.6 1415.25 81.33 27.42 187116
Sun Pharma Advanced Research Company Ltd. PHARMA 406.6 532 272 -9.39 #N/A 99357
Suzlon Energy Ltd. INDUSTRIAL MANUFACTURING 10 22.25 9.95 1.21 8.29 23535271
Syndicate Bank FINANCIAL SERVICES 51.3 95.9 51.2 36.65 1.4 3133017
Syngene International Ltd. PHARMA 621 700 430.1 15.38 40.38 49414
TV18 Broadcast Ltd. MEDIA & ENTERTAINMENT 59.25 70.8 33.05 0.05 1179.81 3422140
TVS Motor Company Ltd. AUTOMOBILE 620.85 794.45 491.85 2.76 224.66 610367
Tata Chemicals Ltd. CHEMICALS 765.7 787.5 560.4 47.07 16.27 1033867
Tata Communications Ltd. TELECOM 612 776 570.45 -41.78 #N/A 584814
Tata Global Beverages Ltd. CONSUMER GOODS 284.15 328.75 140.2 7.41 38.35 1446384
The Ramco Cements Ltd. CEMENT & CEMENT PRODUCTS 812 879.1 647.6 23.85 34.04 77433
Torrent Power Ltd. ENERGY 233.9 307.35 171.5 17.92 13.05 340993
Union Bank of India FINANCIAL SERVICES 87 196.05 86 38.41 2.27 8359999
United Breweries Ltd. CONSUMER GOODS 1089 1243 766.8 -0.4 #N/A 261178
V-Guard Industries Ltd. INDUSTRIAL MANUFACTURING 236.55 254.9 165 3.4 69.53 523114
Vakrangee Ltd. IT 69.95 515 69.95 7.12 9.83 354591
Voltas Ltd. CONSTRUCTION 601.5 675.3 403.4 17.76 33.88 870436
Welspun India Ltd. TEXTILES 60.5 93.95 50.55 4.5 13.45 4161169
Wockhardt Ltd. PHARMA 720 1012 530.65 -55.02 #N/A 1040616

Fundamentals of Nifty Midcap Index:

The Fundamentals will help in understanding the valuation and the dividend yield generated by the collection of stocks. It also tells about the P/B ratio. Refer the table for more information.

P/E P/B Dividend yield
58.45 3.02 0.65

Sector Representation in Nifty Midcap Index:

Sector Representation will tell you the contribution of each sector in the calculation of the midcap 100. Refer the table below for more information.

Sector Weightage
FINANCIAL SERVICES 29.11
CONSUMER GOODS 10.63
PHARMA 9.47
AUTOMOBILE 7.79
ENERGY 7.12
IT 6.03
CONSTRUCTION 5.83
INDUSTRIAL MANUFACTURING 4.47
CEMENT & CEMENT PRODUCTS 3.89
TEXTILES 3.85
SERVICES 2.67
CHEMICALS 1.8
METALS 1.79
HEALTHCARE SERVICES 1.75
FERTILISERS & PESTICIDES 1.74
MEDIA & ENTERTAINMENT 1.07
TELECOM 1

Top constituents by weightage in the Midcap 100 Index

The table below highlights the company used to calculate the index and along with that the weight of each stock in the index calculation.

Company’s Name Weight(%)
Bharat Forge Ltd 2.65
Federal Bank Ltd 2.65
RBL Bank Ltd 2.42
Voltas Ltd 2.17
Mahindra & Mahindra Financial Services Ltd 2.12
Bharat Financial Inclusion Ltd 2.12
Divi’s Laboratories Ltd 2.10
Vakrangee Ltd 2.5
Biocon Ltd 1.99
Page Industries Ltd 1.95

Mid-cap 100 Index Historical data and chart

The graph below shows the historical data and the chart of nifty midcap 100 index. The chart captures the data points of more than 12 years.

Nifty midcap 100 index
Nifty midcap 100 index

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(Note: The above list is for information purpose only. Avoid trading and investing based on the information given above. Before investing in stocks do due diligence).

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