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NSE INDICES LAUNCHES 11 NEW SECTORAL INDICES ๐
โข ๐ NSE Indices has launched 11 new sectoral indices, taking the total number of sectoral indices to 34
โข โก 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
Nifty Insurance
โข ๐ The new indices provide deeper and more granular sector representation across Indiaโs economy
โข ๐ฆ These indices are expected to serve as benchmarks for ETFs, index funds and structured products
โข ๐ฐ The launch could drive passive fund flows into constituent stocks of these sectors over timeCopied from stockaajorkal telegram channel
โข ๐ The move expands investible opportunities for asset managers and enhances sector-specific investing
๐ข Impact: Positive (Sector-focused indices can attract ETF launches and passive inflows, benefiting constituent stocks across power, telecom, hospitals, NBFCs, insurance and other sectors.)
IRAN CLAIMS U.S. AGREED TO FUTURE HORMUZ TRANSIT FEE FRAMEWORK TEHRAN SAYS A DRAFT ACCORD RECOGNIZES IRAN-OMAN AUTHORITY OVER STRAIT OF HORMUZ NAVIGATION SERVICES, WITH CHARGES BEGINNING AFTER A 60-DAY WAIVER PERIOD- FARS
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