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India Index Services & Products Ltd (IISL), an arm of National Stock Exchange (NSE), launched Tata Group index in the year 2015, which is one of the kind index which tracks 25 companies of Tata Group across 12 sectors.the newly-appointed chairman of Tata Group which sough to bring some stability, completed his first year on February 21. However, Tata Group companies have failed to outperform the Nifty in the last one year.
India Index Services & Products Ltd (IISL), an arm of National Stock Exchange (NSE), launched Tata Group index in the year 2015, which is one of the kind index which tracks 25 companies of Tata Group across 12 sectors.
The corporate group indices are designed to reflect the performance of listed companies belonging to a particular corporate group. The Nifty Tata Group Index consists of all companies belonging to the Tata Group.
The index is computed using the full market capitalisation method. This method is used to measure the total equity value of the Tata group companies listed on National Stock Exchange of India.
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