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Nifty Energy
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What is Nifty Energy?
As a fast-growing economy, India has become one of the largest energy intensive countries in the World. Energy is a crucial input for India's development process. The need of the hour, therefore, is to meet the energy needs of all segments of India's population in the most efficient and cost-effective manner while ensuring long-term sustainability. NSE Indices has developed Nifty Energy Index to capture the performance of the companies in this sector. Nifty Energy Index includes companies belonging to Petroleum, Gas and Power sub sectors.
NIFTY Energy sector Index includes companies belonging to Petroleum, Gas and Power sectors. The Index comprises of 10 companies listed on National Stock Exchange of India (NSE). NIFTY Energy Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value
Nifty Energy
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