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NSE launches Nifty Waves index to track media, gaming & entertainment sector companies performance

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The NSE has introduced the Nifty Waves Index, encompassing 43 listed companies across media, entertainment, and gaming. This index aims to offer comprehensive insights into the performance of India's dynamic creative sector. Stock weights are based on free float market capitalization, capped at 5%, with semi-annual reconstitution and quarterly rebalancing.
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