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India launches Nifty Waves Index to track media, entertainment, and gaming sectors.
The National Stock Exchange of India launched the Nifty Waves Index, tracking 43 companies in the media, entertainment, and gaming sectors.
This new benchmark reflects the rapid digital transformation and innovation in India’s creative industries.
The index uses free-float market capitalization, with a 5% cap per stock, and will be rebalanced quarterly and reconstituted semi-annually to monitor market trends and performance.
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India lanza el índice Nifty Waves para rastrear los sectores de medios, entretenimiento y juegos.