NSE launches Nifty Waves index to track media, gaming & entertainment sector companies performance
Friday, 2 May 2025 () The NSE has introduced the Nifty Waves Index, encompassing 43 listed companies across media, entertainment, and gaming. This index aims to offer comprehensive insights into the performance of India's dynamic creative sector. Stock weights are based on free float market capitalization, capped at 5%, with semi-annual reconstitution and quarterly rebalancing.
According to the NSE, to ensure balance, each stockβs weight in the index is capped at 5 per cent and the weight of each stock in the index is determined based... Zee News
Friday, 2 May 2025 ()
