Starting from April 8th, 2024, NSE is introducing the following 4 new indices for tracking initially and subsequently trading in the F&O segment.
Index Name | Symbol |
---|---|
Nifty Tata Group 25% Cap | Nifty Tata 25 Cap |
Nifty500 Multicap India Manufacturing 50:30:20 | Nifty Multi Mfg |
Nifty500 Multicap Infrastructure 50:30:20 | Nifty Multi Infra |
Nifty MidSmall Healthcare | Nifty MidSml Hlth |
Nifty Tata Group 25% Cap
The corporate group indices are designed to reflect performance of NSE listed companies belonging to a particular corporate group.
The Nifty Tata Group 25% Cap Index consists of 10 companies and is based on free float market capitalisation method. the weightage of the index constituent (where applicable) is capped at 25%.
Constituents by weightage
Company’s Name | Weight(%) |
---|---|
Tata Consultancy Services Ltd. | 24.53 |
Tata Motors Ltd. | 16.11 |
Titan Company Ltd. | 14.62 |
Tata Steel Ltd. | 11.83 |
Trent Ltd. | 8.02 |
Tata Consumer Products Ltd. | 6.35 |
Tata Power Co. Ltd. | 6.15 |
Indian Hotels Co. Ltd. | 4.73 |
Tata Motors Ltd DVR | 2.83 |
Tata Elxsi Ltd. | 2.5 |
Nifty500 Multicap India Manufacturing 50:30:20
The Nifty500 Multicap India Manufacturing 50:30:20 Index aims to track the performance of select large-cap, mid-cap, and small-cap stocks from the Nifty 500 index that represent the manufacturing theme. The weight of the stocks is based on each stock’s free-float market capitalization with overall weight to the large-cap segment fixed at 50%, mid-cap segment fixed at 30%, and small-cap segment fixed at 20%. Stock weights are capped at 10% at the time of index rebalancing.
Constituents by weightage
Company’s Name | Weight(%) |
---|---|
Reliance Industries Ltd. | 9.96 |
Sun Pharmaceutical Industries Ltd. | 4.88 |
Tata Motors Ltd. | 4.88 |
Mahindra & Mahindra Ltd. | 4.8 |
Maruti Suzuki India Ltd. | 4.64 |
Tata Steel Ltd. | 3.58 |
Bajaj Auto Ltd. | 2.89 |
Hindalco Industries Ltd. | 2.28 |
JSW Steel Ltd. | 2.21 |
Cipla Ltd. | 2.19 |
Nifty500 Multicap Infrastructure 50:30:20
The Nifty500 Multicap Infrastructure 50:30:20 Index aims to track the performance of select large-cap, mid-cap, and small-cap stocks from the Nifty 500 index that represent the infrastructure theme. The weight of the stocks is based on each stock’s free-float market capitalization with overall weight to the large-cap segment fixed at 50%, mid-cap segment fixed at 30%, and small-cap segment fixed at 20%. Stock weights are capped at 10% at the time of index rebalancing.
Constituents by weightage
Company’s Name | Weight(%) |
---|---|
Larsen & Toubro Ltd. | 10.35 |
Reliance Industries Ltd. | 10.07 |
Bharti Airtel Ltd. | 7.27 |
NTPC Ltd. | 3.71 |
Max Healthcare Institute Ltd. | 2.97 |
Power Grid Corporation of India Ltd. | 2.93 |
UltraTech Cement Ltd. | 2.62 |
Indian Hotels Co. Ltd. | 2.56 |
Oil & Natural Gas Corporation Ltd. | 2.43 |
Adani Ports and Special Economic Zone Ltd. | 2.29 |
Nifty MidSmall Healthcare
Nifty MidSmall Healthcare tracks the performance of the mid-cap and small-cap stocks within the healthcare sector. The index includes up to 30 stocks selected from the parent Nifty MidSmallcap 400 index based on the stock’s six-month average free-float market capitalization. The weight of each stock in the index is based on the stock’s free float market capitalization.
Constituents by weightage
Company’s Name | Weight(%) |
---|---|
Max Healthcare Institute Ltd. | 14.26 |
Lupin Ltd. | 9.19 |
Aurobindo Pharma Ltd. | 7.21 |
Alkem Laboratories Ltd. | 5.84 |
Fortis Healthcare Ltd. | 5.15 |
Ipca Laboratories Ltd. | 3.92 |
Mankind Pharma Ltd. | 3.91 |
Laurus Labs Ltd. | 3.63 |
Abbott India Ltd. | 3.39 |
Glenmark Pharmaceuticals Ltd. | 3.38 |
Link to the NSE Circular: https://nsearchives.nseindia.com/content/circulars/FAOP61437.zip
2 Likes
@Meher_Smaran Can u explain this a little? Will these indices be tradeable?
And is there any reason behind these indices (specially curious about the Tata One )
When will the fno start of all these indices ?
New mandatory login flashscreen on every broking apps be like:
SEBI study suggests 99.99% retail traders in F&O suffered losses in FY24!
SEBI should add India VIX in the F&O segment as well…
4 Likes
still waiting for years …
1 Like
To loot people and trader add more index in F&O. Can NSE & SEBI elaborate 5 miniutes 235 point midcap select nifty fall on 8th Apr 2024?
The title of this post is misleading if these new indices are not going to have F&O at the start!
2 Likes
yes. A 2% fall in index in just 5 mins and that too it recovered soon looks suspicious. All the constituents of Midcap Nifty Select fell 2-3% in that 5-10 min period.
There are already many indices like Pharma, IT, CPSE, FMCG, AUTO, Nifty Next, Nifty 500 etc… which can be used for F&O if required. What’s the point in creating new indices?
@Meher_Smaran When will this indices be available on Kite MarketWatch? Particularly Nifty Tata 25% Cap as I can see it is available on Upstox for tracking purpose.