NSE Indices launches Nifty India Defence Equal Weight Index
The index comprises 19 stocks, all of which are constituents of the parent Nifty India Defence Index, and assigns an equal weight to each constituent. The parent index includes companies from the Nifty Total Market Index that either belong to eligible defence-related industries or derive at least 10% of their revenue from the defence sector.
The index comprises 19 stocks, all of which are constituents of the parent Nifty India Defence Index, and assigns an equal weight to each constituent. The parent index includes companies from the Nifty Total Market Index that either belong to eligible defence-related industries or derive at least 10% of their revenue from the defence sector.
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