Nifty Healthcare Index: 5 smart things to know
1.The Nifty Healthcare Index is a sectoral index that tracks companies from India’s healthcare sector.2.It includes 20 stocks that are listed on the NSE and belong to the health and wellness industry.
3.The industry comprises pharmaceuticals, hospitals, diagnostics, medical equipment, biotechnology and other allied services.
4.The Index has a base date of 1 April 2004 and a base value of 1,000.
5.The weightage of each stock is capped at 10%.
Content courtesy Centre for Investment Education and Learning (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
This story originally appeared on: India Times - Author:Faqs of Insurances
