BSE Launches India's First Saatvik 100 Index; HDFC Bank, ICICI Bank Among Top Constituents

Summary

The BSE has launched India's first Saatvik 100 Index, a new milestone in value-based and ethical investing, which is derived from companies within the BSE 500 Index that align with Saatvik principles. The index includes top constituents such as HDFC Bank, ICICI Bank, and Reliance Industries, with financial services accounting for the largest share at thirty-seven point five five percent. This new benchmark offers investors an additional avenue to diversify their investment strategies through ethical and value-oriented exposure.