Mcx Comdex

#1
Hi ,

As sensex and nifty are derived from heavy weights such as ONGC ,Reliance ,infosys etc.. Different weightages are given to this stock depending on its market cap .

I want to know how mcx comdex is derived . How much weightages are given to gold ,silver ,crude oil .natural gas , copper ,zinc ,alluminium etc..

Please guide .

Thanks in advance .
 
#2
THE Multi Commodity Exchange (MCX) launched MCX-Comdex, its composite commodity futures index on June 06 2005.

This index encompasses futures contracts drawn on commodities - bullion, crude oil, and agri traded on MCX.

MCX-Comdex is designed and developed by the research department of MCX in association with the Indian Statistical Institute, Kolkata.

MCX-Comdex is composed of wheat, urad, soya oil, rubber, guarseed in agri sector; gold, silver, copper in metals; and crude oil in energy.

It is an equal weighted index with equal representation of 20 commodities traded on the exchange.
Thanks Keshav

Ganesh :)
 

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