The NIFTY Metal Index is designed to reflect the behavior and performance of the Metals sector (including mining). The NIFTY Metal Index comprises of maximum 15 stocks. These Stocks are listed on the National Stock Exchange (NSE).
Base Date: January 01, 2004
Base Value: 1000
Launch Date: July 12, 2011
No of Constituents: 15
The Index is computed using the free-float market capitalization method. The index reflects the total free-float market value of all the stocks in the index relative to a particular base market capitalization value. NIFTY Metal Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Our favorite sponsor: TheCryptoBot.com
Are you trading crypto currency?
Gunbot is the ultimate Automated Trading Bot.
Take advantage of the most comprehensive trading tool on the market!