Best Nifty Midcap 100 Index Stocks to Buy in India

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. [caption id="attachment_3611" align="alignnone" width="936"] Nifty midcap 100 index[/caption] For more useful articles on trading, investing and market knowledge, visit our Knowledge Center section. (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).