NIFTY MIDCAP SELECT (MIDCPNIFTY) (NIFTY MID SELECT) live share price today at NSE
03 February, 2026 10:39 | NSE : NIFTY MID SELECT
Nifty Midcap Select Index - A Brief Introduction
Nifty Midcap Select is the broad-based index of the National Stock Exchange (NSE). The index tracks and captures the performance of the 25 most liquid midcap stocks listed on the NSE. The constituents of the Nifty Midcap Select index are identified and selected based on their availability on the F&O segment, market cap, and average daily turnover.
The Nifty Midcap Select was launched on 14th September 2021 by NSE Indices Limited. The index carries a base date of 3rd October 2005 and a base index value of 1000. The NSE Indices Limited, a wholly owned subsidiary of the National Stock Exchange, is responsible for owning, managing, and governing the Nifty Midcap Select index.
The Nifty Midcap Select stocks list comprises 25 liquid midcap equity shares representing the 11 sectors of the Indian economy. These sectors include the financial services (23.29%), information technology (15.09%), healthcare (14.28%), capital goods (12.87%), consumer durables (7.76%), fast-moving consumer goods (6.38%) and 5 others.
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FAQs
What is Nifty Midcap Select Index?
Nifty Midcap Select is a stock market index that evaluates the performance of the 25 most liquid midcap securities over time. NSE Indices Limited launched the index on 14th September 2021 with a base value of 1000.
How many stocks are in Nifty Midcap Select index?
There are 25 stocks in the Nifty Midcap Select Index. These equity shares are highly liquid midcap securities listed on the National Stock Exchange (NSE).
Which company has the highest weightage in the index?
As of 30th May 2025, BSE Limited has the highest weightage in the index at 9.90% weight. BSE Limited is Asia’s oldest stock exchange and was established in 1875 by Premchand Roychand. BSE is headquartered in Mumbai on the famous Dalal Street.
What is free float market capitalisation?
Free float market capitalisation is the aggregate market value of all the publicly traded outstanding shares of a company. While calculating the free float market cap, the shares held by insiders, promoters, government, or other restricted shares are not included. This market cap is extensively used for calculating the values of indices such as Nifty Midcap Select.
Can I trade Nifty Midcap Select index?
Yes, you can trade the Nifty Midcap Select index through futures and options contracts. However, trading the index derivative contract is a risky method; therefore, investors must perform thorough research and be aware of their risk profile before trading these derivative contracts.
