New Delhi, March 12, 2025: NSE Indices, a subsidiary of the National Stock Exchange (NSE), has launched a new sectoral index Nifty Chemicals Index, which will track the performance of companies operating in the chemicals sector.

What is Nifty Chemicals Index- It will track the performance of the top 20 stocks of the chemical industry.
Stocks will be selected from the Nifty 500 index, which is a 6-month average free-float market. They will be decided on the basis of capitalization. Stocks available for trading in the derivatives segment will be given priority.

Key features of the index:- Weightage of stocks: Pidilite Industries – 13.35%
SRF – 13.24%
UPL – 10.45%
PI Industries – 7.98%
Solar Industries India – 6.92%
Weightage of stocks will be decided on the basis of market cap:- The maximum limit of a single stock will be 33%. The total weightage of the top 3 stocks will not exceed 62%.

Base Date: 1 April 2005
Base Value: 1000
There will be semi-annual re-constitution and quarterly re-balancing.

How has the index performed- It has given a return of 5.67% in the last one year (till 28 February 2025). A CAGR (Compound Annual Growth Rate) of 19.71% has been recorded since inception.