Share Market: National Stocks Exchange Launches New Stock Indexes, Everything You Need to Know

Share Market News: The National Stocks Exchange (NSE) has launched two new thematic indexes, which include selected stocks from multiple sectors connected to a theme. Like in the Nifty SME Index, small and medium companies are included, and the Nifty PSE Index includes public sector enterprises. 

New NSE Index Names

The first index is the Nifty EV and New Age Automotive Index. This index includes electric vehicles and new-age automotive vehicles such as hybrid vehicles, hydrogen-fuel-based vehicles, and green hybrid vehicles. The performance of the companies working in this sector will be measured in this index. The second index is the Nifty India Tourism Index, which includes the Nifty 500 Index’s travel and tourism-themed companies, along with 30 stocks.