S&P CNX 500

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S&P CNX 500
Type Stock Exchange Index.
Location Mumbai, India
Owner National Stock Exchange

The S&P CNX 500 is India’s first broad-based stock market index of the Indian stock market.[1] The S&P CNX 500 represents about 96% of total market capitalization and about 93% of the total turnover on the National Stock Exchange of India (NSE).[2]

The S&P CNX 500 companies are disaggregated into 72 industry indices, the S&P CNX Industry Indices. Industry weights in the index reflect the industry weights in the market. For e.g. if the banking sector has a 5% weight in the universe of stocks traded on the NSE, banking stocks in the index would also have an approximate representation of 5% in the index.

References[edit]

  1. ^ "S&P CNX 500". NSE India. 
  2. ^ "Current Status S&P CNX 500". Indiamart. 

See also[edit]