New Delhi: BSE Index Services, a wholly owned subsidiary of the Bombay Stock Exchange (BSE), announced on Friday the launch of a new benchmark, the BSE Capital Markets Index. The index aims to provide a comprehensive measure of the performance of all companies classified under India’s capital markets industry.
According to an official statement, the newly launched BSE Capital Markets Index is designed to serve as a reliable indicator for investors and fund managers tracking the capital markets sector.
Versatile Use for Passive Investment Strategies and Benchmarking
The index is expected to be widely used for passive investment strategies, including Exchange Traded Funds (ETFs) and index funds. Fund managers can also leverage the index for benchmarking portfolio management services, mutual fund schemes, and other fund portfolios that focus on the capital markets industry.
By offering a transparent and precise measurement tool, the BSE Capital Markets Index will help investors gauge sectoral performance, improve portfolio allocation, and create new investment products focused on capital markets companies.
Strengthening Market Infrastructure
The introduction of this index reflects BSE’s continued commitment to innovation and expanding its product offerings to meet the evolving needs of the Indian financial ecosystem. As the capital markets sector grows rapidly, indices like these provide investors with more targeted ways to assess and invest in the sector.
