May 30
Index provider NSE Indices on Thursday launched a new thematic index called Nifty EV & New Age Automotive index. The 33-stock index will track the performance of companies which form a part of the electric vehicle (EV) ecosystem orare involved in the development of new age automotive vehicles or related technology. Bajaj Auto, Tata Motors, Mahindra & Mahindra and Maruti Suzuki are top four components of the index. The base date for the indexis April 2, 2018, and the base valueis1,000.
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