NSE to launch four new indices in capital markets from April 8

National Stock Exchange

The National Stock Exchange (NSE) has on April 3 announced the launch of four new indices effective from April 8, in both the capital markets and Futures & Options segments.

These four new indices are 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.

“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.

Nifty MidSmall Healthcare

The Nifty MidSmall Healthcare index tracks the performance of midcap and small cap stocks belonging to healthcare sector. The top constituents of the index are Max Healthcare Institute, Lupin Limited, and Aurobindo Pharma. The index has given returns of 21.33 percent since inception.

Nifty 500 Multicap India Manufacturing 50:30:20

The 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 theme. Top constituents of the index are Reliance Industries, Sun Pharma, and Tata Motors. The index has given returns of 15.72 percent since inception.

Nifty Tata Group 25 percent Cap

The index is designed to reflect performance of NSE listed companies belonging to a particular corporate group. It has given returns of 17.34 percent returns since inception. The top three constituents of the index are TCS, Tata Motors, and Titan Company.

Nifty500 Multicap Infrastructure 50:30:20

The index aims to track the performance of select large cap, mid cap and small cap stocks from the Nifty 500 index that represents the infrastructure theme. The top constituents in the index are Larsen & Tourbo, Reliance Industries, and Bharti Airtel. The index has given returns of 15.81 percent since inception.