Key facts
- NSE Indices has launched 11 new sectoral indices.
- The new indices include Nifty Power, Nifty Capital Goods, Nifty Telecommunications, Nifty Construction, Nifty Consumer Services, Nifty Commercial & Transport Services, Nifty Retail, Nifty Hospitals, Nifty NBFC, Nifty Housing Finance, and Ni
- This expansion brings the total number of Nifty sectoral indices to 34.
- The new benchmarks are designed to offer more granular coverage of established and emerging sectors.
- These indices will serve as reference points for asset managers and passive investment products such as ETFs and index funds.
NSE Indices, the index services arm of the National Stock Exchange (NSE), has expanded its suite of sectoral indices by launching 11 new benchmarks. The newly introduced indices include Nifty Power, Nifty Capital Goods, Nifty Telecommunications, Nifty Construction, Nifty Consumer Services, Nifty Commercial & Transport Services, Nifty Retail, Nifty Hospitals, Nifty NBFC, Nifty Housing Finance, and Nifty Insurance.
With these additions, the total number of sectoral indices under the Nifty umbrella has grown to 34, providing a more comprehensive and granular representation of various segments of the Indian economy. NSE Indices stated that the expanded suite is designed to enhance sectoral coverage across both established and emerging industries.