The National Stock Exchange (NSE) has announced the introduction of four new indices, effective from April 8, across both the capital markets and Futures & Options segments.
These newly introduced indices are the Nifty Tata Group 25 percent Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare.
According to NSE, these indices will now be accessible to F&O members through NEAT+ terminals under the multiple index inquiry screen.
The Nifty MidSmall Healthcare index tracks the performance of midcap and small cap stocks in the healthcare sector, with key constituents including Max Healthcare Institute, Lupin Limited, and Aurobindo Pharma. Since its inception, the index has yielded returns of 21.33 percent.
The Nifty 500 Multicap India Manufacturing 50:30:20 index aims to monitor the performance of select large cap, mid cap, and small cap stocks from the Nifty 500 index representing the manufacturing theme, with top constituents such as Reliance Industries, Sun Pharma, and Tata Motors. It has generated returns of 15.72 percent since inception.
The Nifty Tata Group 25 percent Cap index is designed to mirror the performance of NSE-listed companies belonging to a specific corporate group, featuring prominent constituents like TCS, Tata Motors, and Titan Company. Since its inception, it has delivered returns of 17.34 percent.
Lastly, the Nifty500 Multicap Infrastructure 50:30:20 index seeks to track the performance of select large cap, mid cap, and small cap stocks from the Nifty 500 index representing the infrastructure theme, with top constituents including Larsen & Tourbo, Reliance Industries, and Bharti Airtel. Since its inception, the index has generated returns of 15.81 percent.
