Dissemination of Nine New Indices in Capital Market Segment

Description

NSE to disseminate nine new indices on the trading system starting November 10, 2025, including Nifty India FPI 150, Nifty500 Flexicap Quality 30, and sector-specific indices.

Summary

NSE will begin online dissemination of nine new indices on the trading system effective November 10, 2025. These indices will be displayed in the index broadcast window and multiple index broadcast screen in NEAT+. The indices span broad market, strategy, sectoral, and thematic categories, including Nifty India FPI 150, Nifty500 Flexicap Quality 30, Nifty Total Market Momentum Quality 50, NIFTY SME EMERGE, Nifty India Internet, Nifty Chemicals, Nifty Waves, Nifty India Infrastructure & Logistics, and Nifty500 Healthcare.

Key Points

• Nine new indices to be disseminated on NSE trading system from November 10, 2025
• Indices will be available in index broadcast window (top right corner) and multiple index broadcast screen in NEAT+
• Each index has a designated broadcast name for display purposes
• Members using Non-Neat Front end (NNF) can configure their systems to receive index broadcasts
• Index values will be included in market indices reports (.in & .id files), end of day press files, and market activity reports
• Detailed factsheets and additional information available on NSE website
• Indices cover broad market (Nifty India FPI 150), strategy (Nifty500 Flexicap Quality 30, Nifty Total Market Momentum Quality 50), thematic (NIFTY SME EMERGE, Nifty India Internet, Nifty Waves, Nifty India Infrastructure & Logistics), and sectoral (Nifty Chemicals, Nifty500 Healthcare) categories

Regulatory Changes

No regulatory changes. This is an operational enhancement to provide additional market data through the dissemination of new indices.

Compliance Requirements

• Members using Non-Neat Front end (NNF) systems should configure or develop their systems to receive the new index broadcasts
• No mandatory compliance actions required for other members as indices will be automatically available on NEAT+ trading terminals

Important Dates

• Circular Date: November 04, 2025
• Implementation Date: November 10, 2025 - Online dissemination of all nine indices begins

Impact Assessment

Market Impact: Medium - The introduction of nine new indices expands the range of benchmarking tools available to market participants. These indices provide exposure to specific market segments including foreign portfolio investors (FPI), quality stocks across market caps, SME sector, internet companies, chemicals, infrastructure & logistics, and healthcare sectors.

Operational Impact: Low to Medium - Trading members will have access to additional real-time index data through their terminals. Members using Non-Neat Front end systems will need to configure their systems to receive the broadcasts, requiring minimal technical adjustments.

Investment Implications: The new indices can be used for benchmarking fund portfolios and may serve as underlying indices for future index funds, ETFs, and structured products. The Nifty500 Flexicap Quality 30, for example, tracks top 10 stocks from quality indices across large, mid, and small cap segments based on six-month average free-float market capitalization.

Index Characteristics (Example - Nifty500 Flexicap Quality 30):

• 30 constituents (equal weighted)
• Semi-annual rebalancing
• Base date: October 01, 2009
• Launch date: April 04, 2025
• Major sector representation: Information Technology (29.67%), Financial Services (23.44%), FMCG (16.84%)

Index Details

Impact Justification

Introduction of new indices enhances market data availability and provides additional benchmarking tools for investors and fund managers. Medium impact as it affects market participants using index data but does not change trading rules or compliance requirements.