Updated
Updated · Bloomberg · Jun 17
BSE Index Services Launches Saatvik 100 Index for Top 500 Indian Stocks
Updated
Updated · Bloomberg · Jun 17

BSE Index Services Launches Saatvik 100 Index for Top 500 Indian Stocks

3 articles · Updated · Bloomberg · Jun 17

Summary

  • BSE Index Services on Wednesday introduced the BSE Saatvik 100 Index, a new benchmark selecting ethically screened Indian shares from the country’s top 500 listed companies.
  • The index is designed to give investors an option aligned with so-called saatvik principles—described as ethical and rooted in cultural practices—with saatvik meaning pure or pious in Sanskrit.
  • The launch adds a values-based product to India’s market benchmarks through a unit of BSE Ltd., operator of Asia’s oldest stock exchange.

Insights

What specific rules will prevent India’s new 'saatvik' index from becoming a tool for corporate 'ethics-washing'?
Can a 'pious' investment index truly outperform traditional benchmarks while excluding entire profitable sectors?