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Company updateBusiness Today

NSE launches Nifty 1000 and Equal Weight indices

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GreyOak summary

NSE Indices Ltd launched the Nifty 1000 and Nifty 1000 Equal Weight indices to broaden market coverage. These new benchmarks track 1,000 stocks, serving as references for ETFs and passive funds. The indices use free-float market cap and equal weighting methodologies respectively.

What it affects

  • NSENeutral 0

    Launched two new broad market indices.Rolling sentiment Positive +27

Source

Read the original at Business Today

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