Indian stock market index provider
NSE Indices Limited (formerly known as India Index Services & Products Limited (IISL)), a subsidiary of the National Stock Exchange of India (NSE), provides a variety of indices and index related products and services to Indian capital markets. It is based in Mumbai, Maharashtra. NSE Indices Ltd. operates as a subsidiary of NSE Strategic Investment Corporation Limited. The company maintains over 100 equity indices comprising broad-based benchmark indices, sectoral indices, fixed income and customized indices.[1][2][3]
There are many investment and risk management products, index funds and exchange traded funds benchmarked to indices developed by NSE Indices Ltd.[2] in India and abroad including derivatives traded on NSE, NSE IFSC Ltd., and SGX.
NSE Indices Ltd. was formed with the objective of providing a variety of indices and index related products and services to capital markets.[4] NSE Indices had a marketing and licensing agreement with Standard & Poor's for co-branding equity indices until 2013.
Broad-market indices
Broad indices |
Stock group |
Cap-based indices[5]
|
1–50 |
|
NIFTY 50
|
51–100 |
NIFTY Next 50
|
|
101–150 |
NIFTY Midcap 150 |
NIFTY Midcap 100 |
NIFTY Midcap 50
|
151–200
|
|
201–250
|
251–300 |
|
NIFTY Smallcap 250 |
NIFTY Smallcap 100 |
NIFTY Smallcap 50
|
301–350
|
351–500
|
|
501–750 |
|
NIFTY Microcap 250
|
Sectoral indices
References