NSE Indices Limited has launched 11 new sectoral indices as part of its expanded offerings under the Nifty umbrella. According to reports from Business Standard, The Economic Times, and LiveMint, the newly launched indices include Nifty Power, Nifty Capital Goods, Nifty Telecommunications, Nifty Construction, Nifty Consumer Services, Nifty Commercial & Transport Services, Nifty Retail, Nifty Hospitals, Nifty NBFC, Nifty Housing Finance and Nifty Insurance. With this addition, the total number of sectoral indices under the Nifty umbrella has increased to 34. The launch comes amid rising investor interest in sector-specific investment strategies and the growing adoption of passive investment vehicles in India, with The Economic Times reporting that the move aims to deepen sector-specific market coverage and support the growing passive investment ecosystem.
As reported by Business Standard, The Economic Times, and LiveMint, NSE Indices stated that the expanded suite is designed to offer deeper representation across both established and emerging sectors of the economy. According to the latest press release, the company emphasized that the expanded suite of sector indices offers a more comprehensive and granular coverage across established and emerging sectors, as stated in their official statement. The new indices are expected to serve as performance benchmarks for asset managers and could form the basis for passive investment products such as exchange-traded funds (ETFs), index funds and structured products. The launch comes at a time when sector-specific investing is witnessing increasing interest from investors seeking targeted exposure to themes linked to India's economic growth, with more sectors becoming investable through passive products such as ETFs and index funds.
According to The Economic Times, LiveMint, and Business Standard, the move is expected to provide investors and fund managers with additional tools to track sector-specific trends and build targeted investment products around segments such as power, telecom, retail, healthcare, insurance and financial services. The exchange expects the new benchmarks to serve as reference indices for asset managers and passive investment products, including exchange-traded funds (ETFs), index funds and structured products. The launch comes amid growing demand for passive investment products and the expanding passive investment ecosystem in India, with sector-specific indices providing crucial tools for thematic investment strategies across different economic segments. As highlighted by NSE Indices, the new indices are expected to act as benchmarks for asset managers and be reference indices tracked by passive funds, enabling investors to gain exposure to specific industries without having to pick individual stocks.
According to Business Standard, The Economic Times, and LiveMint, NSE Indices Limited, formerly known as India Index Services & Products Ltd. (IISL), is a subsidiary of NSE and manages the Nifty family of indices, including the flagship Nifty 50 benchmark. Its offerings span broad-market, sectoral, thematic, strategy, fixed-income and customised indices that are widely used by investors, fund managers and market participants in India and overseas. Apart from equity benchmarks, the company also maintains fixed-income indices tracking government securities, corporate bonds and money market instruments, as reported by The Economic Times. Its flagship Nifty 50 index remains the most widely tracked benchmark for Indian equities.
