The National Stock Exchange's index services subsidiary, NSE Indices Limited, launched the Nifty500 Ahimsa Index, a new thematic index that tracks companies from the Nifty 500 universe whose business practices are aligned with the principles of "Ahimsa" or nonviolence.
According to the exchange, the index is aimed at investors who want exposure to companies that do not engage in activities that harm animals. It has been developed in collaboration with the Ahimsagain Foundation and is based on the foundation's Ahimsa Investment Movement (AIM) framework, which assesses companies on the extent to which their products, services and business practices adhere to Ahimsa principles.
