{"id":3079,"date":"2022-01-21T07:56:36","date_gmt":"2022-01-21T07:56:36","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=3079"},"modified":"2022-01-24T05:10:40","modified_gmt":"2022-01-24T05:10:40","slug":"nifty-midcap-futures-options","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/nifty-midcap-futures-options\/","title":{"rendered":"NSE Launches F&#038;O Contracts on Nifty Midcap Select Index"},"content":{"rendered":"<p>There\u2019s a new index in the F&amp;O town!<\/p>\n<p>National Stock Exchange of India Limited (NSE) is introducing Futures and Options on the Nifty Midcap Select Index and shall be made available for trading in the Future &amp; Options segment w.e.f. January 24, 2022.<\/p>\n<p>There will be weekly and monthly contracts, expiring on Tuesday and lot size of 75 shares. If Tuesday is a trading holiday, then the expiry date will be on the previous trading day.<\/p>\n<p>Nifty Midcap Select index will have selected 25 constituents that are part of Nifty Midcap 150 index. 25 stocks are selected based on availability for trading in the F&amp;O segment, average daily turnover and market cap etc and weightage is based on free-float market capitalization. All the index constituent stocks are individually available to trade in the derivative segment.<\/p>\n<p>Nifty Mid-Cap 100 index has moved from ~6500 in 2012 to ~31,000 delivering a CAGR of approx 17%. Midcap stocks contribute about 17% of the market capitalization. The currently available index derivatives on the exchange are largely focussed on either the large cap stocks or sector specific stocks. The launch of Nifty Midcap Select Index will provide investors &amp; traders an additional hedging tool to manage portfolio risk efficiently.<\/p>\n<p>Nifty Midcap Select Index has delivered a return of 38.73% in the last 1 year and 19.04% annualized return in last 5 years ending December 2021.<\/p>\n<h2>Top Constituents By Weightage<\/h2>\n<p>Tata Power, SRF, Zee, Voltas, Bharat Electronics account for nearly 30% of the weightage of the Index. The top stocks included in Nifty Midcap Select Index are as below.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-3080\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2022\/01\/Top-constituents-by-weightage-532x1024.png\" alt=\"nifty midcap select index\" width=\"532\" height=\"1024\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Top-constituents-by-weightage-532x1024.png 532w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Top-constituents-by-weightage-156x300.png 156w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Top-constituents-by-weightage.png 658w\" sizes=\"(max-width: 532px) 100vw, 532px\" \/><\/p>\n<h2>Sector Representation<\/h2>\n<p>Financial Services sector has the highest weightage followed by Automobile, Manufacturing, Power and Chemicals account nearly 53% of the Index weightage.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-3081\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2022\/01\/Sector-Representation-422x1024.png\" alt=\"nifty midcap select index\" width=\"422\" height=\"1024\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Sector-Representation-422x1024.png 422w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Sector-Representation-124x300.png 124w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Sector-Representation.png 658w\" sizes=\"(max-width: 422px) 100vw, 422px\" \/><\/p>\n<h2>Contract Specifications<\/h2>\n<p><img decoding=\"async\" class=\"aligncenter size-large wp-image-3092\" src=\"https:\/\/paytmmoney.wpengine.com\/wp-content\/uploads\/2022\/01\/Contract-Specifications-2-971x1024.png\" alt=\"nifty midcap index\" width=\"971\" height=\"1024\" srcset=\"https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Contract-Specifications-2-971x1024.png 971w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Contract-Specifications-2-284x300.png 284w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Contract-Specifications-2-768x810.png 768w, https:\/\/www.paytmmoney.com\/blog\/wp-content\/uploads\/2022\/01\/Contract-Specifications-2.png 1407w\" sizes=\"(max-width: 971px) 100vw, 971px\" \/><\/p>\n<h2>Fundamentals of Nifty Midcap Select Index<\/h2>\n<p>P\/E : 26.8<\/p>\n<p>P\/B : 3.21<\/p>\n<p>Dividend Yield: 0.94<\/p>\n<p>Source &#8211; <a href=\"https:\/\/archives.nseindia.com\/content\/circulars\/FAOP50968.pdf\">NSE Circular<\/a> &amp; <a href=\"https:\/\/archives.nseindia.com\/content\/indices\/Factsheet_NiftyMidcapSelect.pdf\">Factsheet<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Disclaimer &#8211; This content is purely for information and investor awareness purpose only and in no way an advice or recommendation. You should independently research and verify the information. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532. NSE (90165), BSE(6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s a new index in the F&amp;O town! National Stock Exchange of India Limited (NSE) is introducing Futures and Options on the Nifty Midcap Select Index and shall be made available for trading in the Future &amp; Options segment w.e.f. January 24, 2022. There will be weekly and monthly contracts, expiring on Tuesday and lot<a href=\"https:\/\/www.paytmmoney.com\/blog\/nifty-midcap-futures-options\/\">Continue reading <span class=\"sr-only\">&#8220;NSE Launches F&#038;O Contracts on Nifty Midcap Select Index&#8221;<\/span><\/a><\/p>\n","protected":false},"author":21,"featured_media":3083,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-boxed-ns.php","format":"standard","meta":{"footnotes":""},"categories":[8,16],"tags":[],"class_list":["post-3079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-fno"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=3079"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/3083"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=3079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=3079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=3079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}