About Nifty Midcap Select The Nifty Midcap Select Index is a stock market index that tracks the performance of 25 liquid midcap stocks selected from the Nifty Midcap 150 index. Stocks are chosen based on market capitalization, average daily turnover, and availability for trading in the Futures & Options segment. The index is weighted by free-float market capitalization and reconstituted semi-annually. It serves as a benchmark for investors and is used in the creation of passive investment products.
