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BSE rolls out Defence Index
BSE rolls out Defence Index

Hans India

time3 days ago

  • Business
  • Hans India

BSE rolls out Defence Index

New Delhi: BSE Index Services, an arm of stock exchange BSE, on Wednesday announced the launch of defence index to track the performance of those stocks representing the theme. 'The defence sector in India is undergoing a transformative phase, driven by policy reforms, increased budgetary allocations, and a rising emphasis on indigenous manufacturing. The BSE India Defence Index offers investors a transparent, rules-based, and investable benchmark to capture this growth story,' BSE Index Services MD & CEO Ashutosh Singh said. The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of the defence sector in India, BSE Index Services said in a statement. It can also be used for benchmarking PMS strategies, mutual fund schemes and fund portfolios.

BSE Index Services launches defence index with semi-annual reconstitution
BSE Index Services launches defence index with semi-annual reconstitution

Business Standard

time3 days ago

  • Business
  • Business Standard

BSE Index Services launches defence index with semi-annual reconstitution

The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December Press Trust of India New Delhi BSE Index Services, an arm of stock exchange BSE, on Wednesday announced the launch of defence index to track the performance of those stocks representing the theme. The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of the defence sector in India, BSE Index Services said in a statement. It can also be used for benchmarking PMS strategies, mutual fund schemes and fund portfolios. "The defence sector in India is undergoing a transformative phase, driven by policy reforms, increased budgetary allocations, and a rising emphasis on indigenous manufacturing. The BSE India Defence Index offers investors a transparent, rules-based, and investable benchmark to capture this growth story," BSE Index Services MD & CEO Ashutosh Singh said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

BSE Index Services launches defence index
BSE Index Services launches defence index

News18

time3 days ago

  • Business
  • News18

BSE Index Services launches defence index

Agency: PTI Last Updated: New Delhi, Aug 13 (PTI) BSE Index Services, an arm of stock exchange BSE, on Wednesday announced the launch of defence index to track the performance of those stocks representing the theme. The BSE India Defence Index is derived from the constituents of BSE 1000 Index, and reconstituted semi-annually in June and December. This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of the defence sector in India, BSE Index Services said in a statement. It can also be used for benchmarking PMS strategies, mutual fund schemes and fund portfolios. 'The defence sector in India is undergoing a transformative phase, driven by policy reforms, increased budgetary allocations, and a rising emphasis on indigenous manufacturing. The BSE India Defence Index offers investors a transparent, rules-based, and investable benchmark to capture this growth story," BSE Index Services MD & CEO Ashutosh Singh said. PTI SP SHW view comments First Published: August 13, 2025, 18:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

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