NSE launches CNX 100 Index

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NSE launches CNX 100 Index

The National Stock Exchange (NSE) announced the launch of its new CNX 100 index that would be a combination of S&P CNX Nifty and CNX Nifty Junior.

The index will be launched with effect from December 1, 2005 taking its base date as January 1, 2003 and with a base value of 1,000 points, the exchange said in a statement.

"As mentioned in our release, the index consists of stocks taken from the existing indices. And when they are taken from S&P CNX Nifty and CNX Nifty Junior, they will obviously be the best scrips," an NSE official told PTI here on Tuesday.

Scrips of bluechip companies like Reliance Industries, Reliance Energy, BHEL, Infosys, Tata Consultancy Services, Bharti Tele-ventures, HLL and many others, line up under this 100-share index.

NSE launches CNX 100 Index
 

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