CNX Midcap Index
The medium capitalised segment of the
stock market is being increasingly perceived
as an attractive investment segment with
high growth potential. The primary objective
of the NSE CNX MidCap Index is to capture
the movement and be a benchmark of the
midcap segment of the market.
The main features of the NSE CNX Midcap
Index are:
- NSE CNX Midcap Index represents about
77% of the total market capitalization of
the Mid-Cap Universe and about 75% of the
total traded value of the Mid-Cap Universe
(Mid-Cap Universe is defined as stocks
having average six months market
capitalization between Rs.75 crores and
Rs.750 crores).
- Industry weightages in the index
dynamically reflect industry weightages in
the market.
- Provide investors a broad based benchmark for comparing portfolio returns vis-à-vis market returns in the midcap segment.
5 Day Technical Analysis Chart of Indian stock market NSE CNX Midcap Index
1 Year Technical Analysis Chart of Indian stock market NSE CNX Midcap Index
