Banks, housing finance, insurance, AMCs to NBFCs on Nifty Financial Services Index | Benefits, Performance EXPLAINED
The Nifty Financial Services Index tracks the performance of Indian financial services companies including banks, housing finance, insurance, NBFCs, other financial services companies etc. The index comprises a maximum of 20 stocks and a stock’s weight is based on its free float market capitalization.
Financial services firms are crucial to the success of the economy in the long run. The financial services landscape in India is constantly changing and evolving: Reuters