Indices that ended at a record high on 06.06.2014
Following are the indices that ended at a record high on 06.06.2014:
CNX Service Sector
CNX 100 Equal Weight
CNX Low Volatility
CNX Nifty Junior
CNX Dividend Opportunities
The CNX NIFTY, the CNX Midcap, the CPSE Index, Bank Nifty, CNX Consumption, CNX Dividend Opportunities, CNX Nifty Junior and CNX 500 have products on them.
The NI15 Index, the LIX15 Midcap Index and the NV20 Index are the three recent indices launched by IISL.
NI15 Index: This index enables investors to track and invest in promising sectors that are getting higher valuation from the market. The sectors are selected based on P/E and P/B values of IISL sector indices, which are compared to CNX Nifty. Sectors with higher P/E & P/B values are selected to form the index.
LIX15 Midcap Index: This index is designed to provide investors exposure to the top 15 liquid midcap stocks. It selects stock on the basis of Turnover Ratio (TRO) and Free Float Market Capitalization. The index currently provides exposure to 8 sectors of the economy.
NV20 Index: This index is designed to reflect the behaviour and performance of a diversified portfolio of value companies that are a part of the CNX Nifty Index. The Index constituents are selected on the basis of Return on Capital Employed (ROCE), Price to Earnings Ratio (P/E), Price to Book Ration (PB) and Dividend Yield (DY).