Below's the list of stocks in "NIFTY MIDCAP 50" index. Its a good list for investors to start looking for good investor value stocks to invest in.

I would pick the below stocks from "Nifty Midcap 50" index as good buys for long term,
Allahabad Bank
Petronet LNG Ltd
Sintex Industries Ltd
Titan Industries Ltd
UltraTech Cement Ltd
Voltas Ltd

Company NameIndustrySymbol
Adani Power Ltd.POWERADANIPOWER
Allahabad BankBANKSALBK
Alstom Projects India Ltd.ELECTRICAL EQUIPMENTAPIL
Andhra BankBANKSANDHRABANK
Ashok Leyland Ltd.AUTOMOBILES - 4 WHEELERSASHOKLEY
Aurobindo Pharma Ltd.PHARMACEUTICALSAUROPHARMA
BEML Ltd.ENGINEERINGBEML
Bajaj Hindusthan Ltd.SUGARBAJAJHIND
Bharat Forge Ltd.CASTINGS/FORGINGSBHARATFORG
CESC Ltd.POWERCESC
Cummins India Ltd.DIESEL ENGINESCUMMINSIND
Divi's Laboratories Ltd.PHARMACEUTICALSDIVISLAB
Educomp Solutions Ltd.COMPUTERS - SOFTWAREEDUCOMP
GVK Power & Infrastructures Ltd.POWERGVKPIL
Great Eastern Shipping Co. Ltd.SHIPPINGGESHIP
Hindustan Construction Co. Ltd.CONSTRUCTIONHCC
Hotel Leela Venture Ltd.HOTELSHOTELEELA
Housing Development and Infrastructure Ltd.CONSTRUCTIONHDIL
IDBI Bank Ltd.BANKSIDBI
IVRCL Ltd.CONSTRUCTIONIVRCLINFRA
India Cements Ltd.CEMENT AND CEMENT PRODUCTSINDIACEM
Indian BankBANKSINDIANB
Indian Hotels Co. Ltd.HOTELSINDHOTEL
JSW Steel Ltd.STEEL AND STEEL PRODUCTSJSWSTEEL
Jain Irrigation Systems Ltd.PLASTIC AND PLASTIC PRODUCTSJISLJALEQS
Lanco Infratech Ltd.CONSTRUCTIONLITL
Mahanagar Telephone Nigam Ltd.TELECOMMUNICATION - SERVICESMTNL
MphasiS Ltd.COMPUTERS - SOFTWAREMPHASIS
NCC Ltd.CONSTRUCTIONNCC
Oracle Financial Services Software Ltd.COMPUTERS - SOFTWAREOFSS
Patel Engineering Ltd.CONSTRUCTIONPATELENG
Petronet LNG Ltd.GASPETRONET
Piramal Healthcare Ltd.PHARMACEUTICALSPIRHEALTH
Praj Industries Ltd.ENGINEERINGPRAJIND
Punj Lloyd Ltd.CONSTRUCTIONPUNJLLOYD
Rolta India Ltd.COMPUTERS - SOFTWAREROLTA
Shipping Corporation of India Ltd.SHIPPINGSCI
Sintex Industries Ltd.PLASTIC AND PLASTIC PRODUCTSSINTEX
Syndicate BankBANKSSYNDIBANK
Tata Chemicals Ltd.CHEMICALS - INORGANICTATACHEM
Tata Global Beverages Ltd.TEA AND COFFEETATAGLOBAL
Tata Teleservices (Maharashtra) Ltd.TELECOMMUNICATION - SERVICESTTML
Tech Mahindra Ltd.COMPUTERS - SOFTWARETECHM
Titan Industries Ltd.GEMS JEWELLERY AND WATCHESTITAN
UltraTech Cement Ltd.CEMENT AND CEMENT PRODUCTSULTRACEMCO
Unitech Ltd.CONSTRUCTIONUNITECH
United Phosphorus Ltd.PESTICIDES AND AGROCHEMICALSUNIPHOS
Vijaya BankBANKSVIJAYABANK
Voltas Ltd.ENGINEERINGVOLTAS
Welspun Corp Ltd.STEEL AND STEEL PRODUCTSWELCORP


Source: http://www.nseindia.com/content/indi...dcap50list.csv