NCDEX launches NDEX and FINNDEX indices to foray into equity and derivatives markets
60-Word AI Digest
NCDEX has launched NDEX and FINNDEX, two rule-based indices covering large and liquid Indian equities and financial sector stocks. The benchmarks use a multi-factor methodology incorporating market capitalisation, liquidity, beta and volatility, with semi-annual rebalancing.
Key Takeaways
- NCDEX has launched NDEX and FINNDEX, two rule-based indices covering large and liquid Indian equities and financial sector stocks.
- The benchmarks use a multi-factor methodology incorporating market capitalisation, liquidity, beta and volatility, with semi-annual rebalancing.
- Full details and original dispatch available below.
NCDEX has launched NDEX and FINNDEX, two rule-based indices covering large and liquid Indian equities and financial sector stocks. The benchmarks use a multi-factor methodology incorporating market capitalisation, liquidity, beta and volatility, with semi-annual rebalancing.
Original Publisher Attribution
This summary was curated from Economic Times.