The National Stock Exchange (NSE) has recently launched India's first Nifty EV & New Age Automotive Index, marking a significant step.
This index tracks companies involved in electric vehicles (EV) and new-age automotive sectors, including hybrid and hydrogen fuel-based vehicles.
This index tracks companies involved in electric vehicles (EV) and new-age automotive sectors, including hybrid and hydrogen fuel-based vehicles.
It monitors companies in EV manufacturing, charging infrastructure, battery production, and other critical areas, reflecting India's commitment to clean energy.
It monitors companies in EV manufacturing, charging infrastructure, battery production, and other critical areas, reflecting India's commitment to clean energy.
With a base date of April 2, 2018, and a base value of 1000, the index includes stocks from the Nifty 500 engaged in EV production, supply, and technology, rebalanced semi-annually.
This index tracks companies involved in electric vehicles (EV) and new-age automotive sectors, including hybrid and hydrogen fuel-based vehicles.
The Nifty EV Index simplifies EV investments, driving capital influx, and supports India's aim to become a leading EV manufacturing hub, boosting the Make in India initiative.