India, March 3 -- Amid the rise of new-age tech companies in the country, stock exchange NSE's wholly owned subsidiary NSE Indices has launched the 'Nifty India Internet & Ecommerce Index'. The thematic index will track the performance of companies that largely conduct business through online platforms.

In a circular released on February 28, NSE Indices said the index can be used for benchmarking fund portfolios, launching index funds, ETFs and structured products.

The index includes new-age tech stocks such as Zomato, Paytm, PB Fintech, Nykaa, Swiggy, Nazara, CarTrade, IndiaMART InterMESH, among others.

The index will reflect the weighted performance of the constituents from three sectors - consumer services, financial services and me...