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