CNX MEDIA

The CNX Media Index is designed to reflect the behavior and performance of the Media & Entertainment sector including printing and publishing. The CNX Media Index comprises of 15 stocks that are listed on the National Stock Exchange (NSE).

The CNX Media Index represents 91.04 % of the free float market capitalization of the stocks forming part of the Media & Entertainment universe as on December 31, 2012.

The total traded value for the last six months ending December 2012 of all index constituents is approximately 85.57 % of the traded value of the stocks forming part of the Media & Entertainment universe.

Source : NSE

The CNX Media Index is computed using free float market capitalization method with a base date of December 30, 2005 indexed to a base value of 1000, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value. The method also takes into account constituent changes in the index and importantly corporate actions such as stock splits, right issue, new issue of shares etc. without affecting the index value.

Source : NSE

Criteria governing CNX Media Index:

Source : NSE