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    Question

    What is the base value of the newly launched Nifty WAVES

    Index?
    A 500 Correct Answer Incorrect Answer
    B 1000 Correct Answer Incorrect Answer
    C 2000 Correct Answer Incorrect Answer
    D 1500 Correct Answer Incorrect Answer
    E 750 Correct Answer Incorrect Answer

    Solution

    The Nifty WAVES Index , introduced by the NSE for the media, entertainment, and gaming sectors, has a base value of 1000 with a base date of April 1, 2005 . It uses the free-float market cap method and caps individual stock weights at 5%.

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