35 sectors of the economy. CNX 100 is also owned and managed by the IISL.
The S&P CNX 500 is India’s first broad-based benchmark of capital market. The S&P CNX 500 represents about 93% of the total market capitalization and about 91% of the total turnover on the NSE as on September 30, 2009.
The primary objective of the CNX Midcap Index is to capture the movement and be a benchmark of the midcap segment of the market. The CNX Midcap Index has a base date of January 1, 2003 and a base value of 1000.
Nifty Midcap 50 Index is used to capture the movement of the midcap segment of the market. It can also be used for index-based derivatives trading. The Index has a base date of January 1, 2004 and a base value of 1000.
In order to help the institutional investors and offshore fund enterprises with equity exposure to India, a new index called the S&P CNX Defty – the Dollar Denominated version of S&P CNX Nifty – has been developed.
In short, as one of the fastest growing economies in the world, India’s capital market is also growing in scale and depth. This growth will definitely pave way for the introduction of more stock market indices to address the emerging needs.
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bse sensex, index, bse 100 index, bse 200 index, bse 500 index, bse midcap index, bse smallcap index, bse tech index, bse psu index, bse ipo index, bse auto index, bse bankex, bse fmcg index, nifty, nifty junior
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