Business News

NSE to introduce 4 new indices in capital, F&O segments from April 8

MUMBAI – The National Stock Exchange (SNG) of India will launch four new indices in the cash and futures and options segments starting April 8.

The exchange has proposed online distribution of indices, namely Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20 and Nifty MidSmall Healthcare, according to a circular issued by NSE Earlier in the day. .

These indices will be available on the trading system in both the capital markets and derivatives segments.

The Nifty Tata Group 25% Cap Index consists of 10 companies and is based on the free float market capitalization method, NSE said.


The Nifty500 Multicap India Manufacturing 50:30:20 Index will track the performance of select large, mid and small cap stocks in the Nifty 500 Index that represent the manufacturing theme.

The index will have 75 components and the stock weighting is based on the free float market capitalization of each stock, with an overall weighting of the large-cap segment set at 50%, the mid-cap segment at 30% and the small-cap segment. at 20%.

The 10 main constituents of this index by weight are Trusted Industries, Sun Pharmaceutical Industries, Tata Engines, Maruti Suzuki IndiaMahindra and Mahindra, Tata Steel, Bajaj-Auto, Hindalco Industries, JSW SteelAnd Cipla.

Similarly, the Nifty500 Multicap Infrastructure 50:30:20 Index will track the performance of select large, mid and small cap stocks in the Nifty 500 Index that represent the infrastructure theme.

This index will also have 75 components and the stock weighting is based on the free float market capitalization of each stock, with overall weighting for the large-cap segment set at 50%, for the mid-cap segment at 30% and for the small caps. at 20%.

The 10 main constituents of this index by weight are Larsen & Toubro, RIL, Bharti Airtel, NTPC, Max HealthPower Grid Corp, UltraTech Cement, Indian hotels, ONGC, and Adani Ports and SEZs. L&T has the highest weighting at 10.35%, while Adani Ports has a weighting of 2.29%.

The Nifty MidSmall Healthcare will track the performance of mid- and small-cap stocks in the healthcare sector. The index includes up to 30 stocks selected from the Nifty MidSmallcap 400 index based on the stock’s six-month average free float market capitalization.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button