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.