Nifty Smallcap 250

Nifty Smallcap 250 Index Today 

NIFTY Smallcap 250 index  is a broad-based index on the NSE that represents the performance of the small-cap segment of the equities market. It is a diversified index of 250 stocks, ranked 251-500 based on full market capitalisation in the NIFTY 500's stocks universe. The index spans 21 sectors, with Financial Services and Capital Goods accounting for a third of the market. FMCG, chemicals, healthcare, IT, and consumer durables are some of the other industries. The index represents over 6% of float-adjusted market capitalisation on NSE, with a weighted average constituent turnover of Rs. 44 crores per day. Launched on April 1, 2016, it has breached levels of 8000 at ~19.6 P/E multiples and is reconstituted semi-annually.

How is NIFTY Smallcap 250 Calculated?

The Nifty Smallcap 250 index value is calculated as follows:

Market capitalisation as of today / (Base market capitalisation * Base Index Value) equals the index value

The NIFTY Smallcap 250 index is calculated semi-annually using data from six months, with January 31 and July 31 of each year serving as the cut-off dates. After providing the market with four weeks' notice, stocks in the NIFTY Smallcap 250 (if any) are replaced on the final trading day of March and September. You can track the NIFTY Smallcap 250 index chart daily for more insights.

NIFTY Smallcap 250 Share Price Calculation:

• Weights 250 stocks based on free-float market capitalisation relative to base market capitalisation.
• Free float shares are publicly available and not held by promoters.

Eligibility Criteria for NIFTY Smallcap 250 Index:

• Securities must be listed on the National Stock Exchange and domiciled in India.
• It must be part of the NIFTY 500 universe.
• Not a constituent in NIFTY 100 and NIFTY Midcap 150 indices.
• Eligibility verification is based on three months of data.