Nifty Next 50 Index Down by More Than 1% Today
By Ankur Chandra | Updated at: Jun 13, 2025 10:31 AM IST
Mumbai, 12 June 2025 – The Nifty Next 50 index, often regarded as the ‘waiting list’ index of the prestigious Nifty 50, continued its downward trajectory, declining by more than 1% as of 1:45 PM IST as selling pressure mounted. Of the 51 stocks, 41 traded in the red, nine advanced, and one remained unchanged. Broad-based market weakness, defensive sector rotation, and profit booking at high levels put extra pressure on the index, resulting in a downward trend.
Index Snapshot
| Metric | Value |
|---|---|
| Last Price | 68,258.25 |
| Previous Close | 68,771.85 |
| Intraday High | 68,887.30 |
| Intraday Low | 68,103.90 |
| Day Change | -625.85 |
| % Change | -0.75% |
| 52-Week High | 77,918.00 |
| 52-Week Low | 56,192.45 |
| Total Traded Volume | 12.22 Cr |
| Total Traded Value | ₹5,271.77 Cr |
Top Performers (Intraday Gains)
| Company | LTP | Change (₹) | % Change |
|---|---|---|---|
| Swiggy Ltd | ₹360.95 | +4.90 | +1.38% |
| Torrent Pharmaceuticals | ₹3,242.30 | +36.50 | +1.14% |
| Divi’s Laboratories | ₹6,795.50 | +76.50 | +1.14% |
| LTIMindtree | ₹5,450 | +56.00 | +1.04% |
| Hyundai Motor India | ₹1,957.10 | +20.00 | +1.03% |
Divi’s Labs traded just 1.07% below its 52-week high of ₹6,862.50, reflecting sustained institutional buying. Hyundai also showed strength, trading near record levels with just 1.4% downside from its peak.
Major Laggards
| Company | LTP | Change (₹) | % Change |
|---|---|---|---|
| Bharat Petroleum (BPCL) | ₹321.70 | -12.15 | -3.64% |
| GAIL India | ₹194.61 | -5.48 | -2.74% |
| Indian Hotels (Taj) | ₹744.90 | -20.90 | -2.73% |
| Adani Power | ₹573.00 | -14.05 | -2.39% |
| InterGlobe Aviation (IndiGo) | ₹5,496.00 | -135.00 | -2.40% |
Broad-based selling hit cyclical and high-beta names particularly hard. After recent rallies, oil marketing companies like BPCL and energy firms such as Adani Power and GAIL witnessed sharp intraday corrections on profit-booking.
Broader Context
- The index is now down 1.3% YoY and has gained 5.68% over the past 30 days.
- Currently trading 12.54% below its 52-week high and 21.27% above its 52-week low.
- Market breadth is significantly negative, aligning with broader weakness in benchmark indices.
Market Breadth – Nifty Next 50 Constituents
| Advances | Declines | Unchanged |
|---|---|---|
| 9 | 41 | 1 |
Outlook
The underperformance of the Nifty Next 50 indicates investor rotation away from mid to large-cap stocks. As the global uncertainty, crude price volatility, and currency movement arise, the overall sentiment has been rather defensive. At the same time, growing new-age players like Swiggy continue to attract investors’ interest, offering some resilience.
About Nifty Next 50
The Nifty Next 50 represents the 50 companies next in line after the Nifty 50 constituents in terms of free-float market capitalization. It is widely tracked for potential Nifty 50 inclusion and sectoral leadership among mid-to-large caps.
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