Twenty indices, owned and managed by India Index Services & Products, a subsidiary of NSE Strategic Investment Corporation Ltd, closed at record high levels today.
The indices that ended at a record high include CNX Nifty, CNX Midcap, CNX Nifty Junior, CPSE Index, CNX Dividend Opportunities, CNX Consumption, CNX 500, Bank Nifty, CNX Auto, CNX Finance, CNX MNC and LIX15 Midcap.
The NI15 index, LIX15 midcap index and NV20 index are the three recent indices launched by IISL.
IISL, a step down subsidiary of NSE, had last month launched the NI15 Index that track 15 large cap stocks from sectors of IT, consumer goods, pharmaceutical and automobile.
NI15 Index enables investors to track and invest in promising sectors that are getting higher valuation from the market.
LIX15 Midcap Index is designed to provide investors exposure to the top-15 liquid mid-cap stocks.
NV20 Index is designed to reflect the behaviour and performance of a diversified portfolio of value companies that are a part of the CNX Nifty Index.
