NSE to launch four new indices in capital markets, F&O segments from Apr 8

New Delhi: The National Stock Exchange (NSE) on Wednesday said it will launch four new indices in cash and futures and options segments from April 8.

. The new indices are Nifty Tata Group 25 per cent Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare.

. "Consequently, the broadcast of the indices will be made available to F&O members in NEAT+ terminals under the multiple index inquiry screen."

.Markets end FY24 on buoyant note amid positive global cues. "Members using Non-Neat Front end (NNF) can configure/ develop their system to receive the index broadcast. The effective date for implementation of the circular will be April 08, 2024," NSE said in the circular.

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

. The Nifty Tata Group 25 per cent Cap index consists of 10 companies, and is based on the free float market capitalisation method, the bourse said.

. The Nifty500 Multicap India Manufacturing 50:30:20 Index and Nifty500 Multicap Infrastructure 50:30:20 Index aims to track the performance of select large cap, mid cap and small cap stocks from the Nifty 500 index that represent the manufacturing and infrastructure theme.

. Reliance Industries Ltd, Sun Pharmaceutical Industries and Tata Motors are top constituents for Nifty500 Multicap India Manufacturing 50:30:20 Index.

. And Larsen & Toubro Ltd, Reliance Industries and Bharti Airtel are the top consitutents for the Nifty500 Multicap Infrastructure 50:30:20 Index.

. Nifty MidSmall Healthcare tracks the performance of the mid cap and small cap stocks within the healthcare sector.

. The index includes up to 30 stocks selected from the parent Nifty MidSmallcap 400 index based on the stock’s six-month average free-float market capitalisation. Max Healthcare Institute Ltd, Lupin and Aurobindo Pharma are the top constituents of the index.

NSE to launch four new indices in capital markets, F&O segments from Apr 8

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