The Nifty Tata Group 25% Cap index consists of 10 companies, and is based on the free float market cap method, NSE said. The Nifty500 Multicap India Manufacturing 50:30:20 Index will track the performance of select largecap, midcap, and smallcap stocks from the Nifty 500 index that represent the manufacturing theme.
The National Stock Exchange (NSE) Wednesday, announced the introduction of four new indices in both the cash and futures and options segments, commencing April 8.
The NSE has put forth a plan to distribute indices such as the Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare through online channels, as outlined in a circular released YESTERDAY.
“Consequently, the broadcast of the indices will be made available to F&O members in NEAT+ terminals under the multiple index inquiry screen,” NSE said in a circular.
