Nifty India Infra & Logistics Index launched to record logistics performance

The National Stock Exchange (NSE) has introduced the Nifty India Infrastructure & Logistics Index, a thematic benchmark designed to capture the performance of companies within the infrastructure and logistics sectors. This index comprises the top 100 stocks from the Nifty 500 index, selected based on a six-month average free-float market capitalisation. The index employs a free-float market capitalisation-weighted methodology, with individual stock weights capped at 5% and the aggregate weight of stocks within a single industry sector limited to 20%. Reconstitution occurs semi-annually, while quarterly rebalancing