S&P CNX 500
| Type | Stock Exchange Index. |
|---|---|
| Location | Mumbai, India |
| Owner | National Stock Exchange |
The S&P CNX 500 is India’s first broad-based stock market index of the Indian stock market.[1] The S&P CNX 500 represents about 96% of total market capitalization and about 93% of the total turnover on the National Stock Exchange of India (NSE).[2]
The S&P CNX 500 companies are disaggregated into 72 industry indices, the S&P CNX Industry Indices. Industry weights in the index reflect the industry weights in the market. For example if the banking sector has a 5% weight in the universe of stocks traded on the NSE, banking stocks in the index would also have an approximate representation of 5% in the index.
References
- ↑ "S&P CNX 500". NSE India.
- ↑ "Current Status S&P CNX 500". Indiamart.
See also
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