Mumbai, Sept. 2 -- NSE Indices, the index services arm of NSE, on 1 September 2025 announced the launch of a new thematic benchmark - the Nifty Conglomerate 50 Index.

The index tracks the performance of 50 companies from the Nifty 500 that represent India's leading conglomerates. Stock weights are based on free-float market capitalization, subject to a 23% cap at the group level and a 10% cap at the individual stock level.

With a base date of 1 April 2005 and a base value of 1000, the index will be reconstituted and rebalanced quarterly. As of 29 August 2025, it has delivered a one-year return of -7.61%, a five-year annualized return of 22.80%, and a since-inception annualized return of 15.09%.

Among the top constituents are Larsen & T...