iThe current values are delayed, open demat account for live values.
Nifty MidSmall Healthcare
Nifty MidSmall Healthcare Performance
-
Open
43,084.55
-
High
43,107.20
-
Low
42,510.65
-
Prev Close
42,929.85
-
Dividend Yeild
0.00%
-
P/E
0
Nifty MidSmall Healthcare Chart
Color code for Stocks Performance
- 5% and above
- 5% to 2%
- 2% to 0.5%
- 0.5% to -0.5%
- -0.5% to -2%
- -2% to -5%
- -5% and below
Constituent Companies
Company | Market Cap | Market Price | Volume | Sector |
---|---|---|---|---|
Abbott India Ltd | ₹60716 Cr |
₹28500.05
(1.43%)
|
13733 | Pharmaceuticals |
Glaxosmithkline Pharmaceuticals Ltd | ₹43286 Cr |
₹2561.15
(1.25%)
|
96576 | Pharmaceuticals |
Sanofi India Ltd | ₹14861 Cr |
₹6451.9
(2.58%)
|
18260 | Pharmaceuticals |
J B Chemicals & Pharmaceuticals Ltd | ₹28596 Cr |
₹1840.5
(0.66%)
|
197819 | Pharmaceuticals |
Lupin Ltd | ₹95997 Cr |
₹2104.6
(0.38%)
|
1171416 | Pharmaceuticals |
Nifty MidSmall Healthcare Sector Performance
Top Performing
Sector Name | Percentage Change |
---|---|
IT - Hardware | 0.25 |
Dry cells | 0.16 |
Readymade Garments/ Apparells | 0.79 |
Education | 0.52 |
Under Performing
Sector Name | Percentage Change |
---|---|
Diamond, Gems and Jewellery | -1.41 |
Leather | -0.73 |
Ceramic Products | -0.83 |
Healthcare | -0.06 |
Introduction
Navigating the vast and dynamic landscape of the healthcare sector can be daunting for investors, especially when it comes to midcap and small-cap stocks. Enter the Nifty MidSmall Healthcare index, a beacon of insight into the performance of these smaller players within the healthcare industry. With its base date set on April 1, 2005, and an initial value of 1000, this index has been diligently tracking the growth and evolution of midcap and small-cap healthcare stocks for years.
What is Nifty MidSmall Healthcare?
The Nifty MidSmall Healthcare index serves as a barometer of performance for midcap and small-cap stocks within the healthcare sector. By including up to 30 carefully selected stocks, this index provides investors with a comprehensive snapshot of the performance and trends within this segment of the healthcare industry. From pharmaceutical companies to medical device manufacturers, the index offers exposure to a diverse array of healthcare-related businesses poised for growth and innovation.
Eligibility Criteria
Stocks eligible for inclusion in the Nifty MidSmall Healthcare index must be part of or expected to be part of the Nifty MidSmallcap 400 index. However, certain criteria must be met to ensure the integrity of the index. Non-F&O stocks within the Nifty MidSmallcap 400 hitting the circuit filter on at least 20% of trading days in the past six months are ineligible for inclusion.
Selection Process
Thirty stocks are carefully selected from the healthcare sector universe based on their free-float market capitalization. This selection process, subject to availability, aims to create a diversified portfolio of midcap and small-cap healthcare companies, offering investors exposure to various segments of the healthcare industry.
Weighting Mechanism
The weight of each stock in the Nifty MidSmall Healthcare index is determined by its free float market capitalization. This ensures that larger companies do not disproportionately influence the index's performance, promoting a balanced representation of constituent stocks.
Reconstitution and Rebalancing
The index undergoes semi-annual reconstitution and quarterly rebalancing to reflect changes in market conditions and stock performance. Rebalancing occurs on January 31 and July 31 of each year, with four weeks' notice provided to the market to ensure transparency and facilitate adjustments.
Index Governance
The governance of the Nifty MidSmall Healthcare index is overseen by a professional team within NSE Indices Limited. This governance structure comprises three tiers: the Board of Directors, the Index Advisory Committee (Equity), and the Index Maintenance Sub-Committee. These entities work together to ensure the integrity and accuracy of the index, upholding the highest standards of transparency and accountability.
Understanding these key aspects of the Nifty MidSmall Healthcare index empowers investors to make informed decisions and leverage the index's potential as a strategic investment tool within the healthcare sector.
How to Invest in Nifty MidSmall Healthcare?
Investing in the Nifty MidSmall Healthcare index is straightforward and accessible to investors. Whether through index funds, exchange-traded funds (ETFs), or direct investment in constituent stocks, investors have a range of options to gain exposure to this segment of the healthcare market. Each investment avenue offers its own set of advantages and considerations, allowing investors to tailor their approach to suit their preferences and investment objectives.
Other Indices
Indices Name | Price | Price Change (% change) |
---|---|---|
India VIX | 14.47 | -0.47 (-3.15%) |
Nifty 10 Yr Benchmark G-Sec | 2420.36 | 4.54 (0.19%) |
Nifty 10 Yr Benchmark G-Sec (Clean Price) | 889.24 | 1.51 (0.17%) |
Nifty 100 | 25002.95 | -107.75 (-0.43%) |
Nifty 100 Equal Weight | 32286.7 | -254.4 (-0.78%) |
Faqs
What is the current share price of Nifty MidSmall Healthcare Index?
The current share price of the Nifty MidSmall Healthcare index can be obtained from financial data providers or online platforms that track index performance in real-time.
Should I invest in Nifty MidSmall Healthcare stocks for the long term?
Investing in Nifty MidSmall Healthcare stocks for the long term depends on various factors, including individual risk tolerance and investment objectives. Conducting thorough research and consulting with a financial advisor can help determine if these stocks align with your long-term investment strategy.
How many stocks are present in Nifty MidSmall Healthcare?
The Nifty MidSmall Healthcare index comprises up to 30 carefully selected stocks from the healthcare sector, providing investors with a diversified portfolio of midcap and small-cap healthcare companies.
Which stocks in the Nifty MidSmall Healthcare index have shown significant profit growth?
Identifying stocks within the Nifty MidSmall Healthcare index that have demonstrated significant profit growth requires careful analysis of constituents. One needs to analyze companies for consistent increases in earnings and strong net profit margins over recent quarters/years to pinpoint stocks with significant profit growth potential.
Latest News
- Nov 08, 2024
China has approved a significant new fiscal stimulus to bolster its slowing economy, unveiling an $839 billion refinancing package for local government debt. The plan, approved by the National People's Congress (NPC), includes provisions for debt relief and infrastructure investments over the next three years. As China faces new economic challenges and trade tensions with the recent re-election of Donald Trump as U.S.
- Nov 08, 2024
Tata Motors announced its financial results for the quarter ended September 2024 (Q2 FY25), reporting an 11% year-on-year decline in net profit to ₹3,343 crore, down from ₹3,764 crore in the previous year. Revenue from operations also slipped by 3.5%, reaching ₹1.01 lakh crore compared to ₹1.05 lakh crore in the same period last year. The company reported an EBITDA of ₹11,600 crore, achieving an EBITDA margin of 11.4%.
- Nov 08, 2024
Market Analysis of Top Gainers and Losers on 8th November 2024: The Indian equity market faced a notable pullback today, attributed to global concerns and domestic macroeconomic factors. The benchmark indices, Nifty 50 and BSE Sensex, closed lower, with technology and banking stocks leading the declines.
- Nov 08, 2024
On Friday, November 8, State-owned Power Finance Corporation Ltd (PFC) announced a year-on-year (YoY) net profit increase of 8.9%, reaching ₹7,215 crore for the second quarter, which concluded on September 30, 2024. The company's operational revenue rose by 15% to ₹25,721.8 crore, compared to ₹22,374.6 crore in the same period of the previous fiscal year.
Latest Blogs
Swing Trading Stocks for the Week iJoin the club of lakhs of tech savvy investors!
- Nov 11, 2024
Nifty Prediction for 11th November The Nifty index closed the last trading day of the week with a negative bias, settled at the 24,148 mark with a 51-point loss.
- Nov 08, 2024
The Indian IPO market is buzzing with new investment opportunities, as multiple companies are set to go public this week. From mainboard IPOs to SME listings, investors have a range of IPOs to consider this week. As we enter the second week of November, the market will witness three public issues opening for subscription. Understanding each IPO’s highlights will help investors make the most of these opportunities. Here’s a detailed look at the week’s IPOs and what they bring to the table.
- Nov 08, 2024