Mumbai, June 18 -- NSE Indices, a subsidiary of the National Stock Exchange, has launched two new thematic indices - Nifty Sugar & Ethanol and Nifty Small Finance Banks & Microfinance Institutions (MFIs) - to track the performance of key sectors within the Indian economy.

The Nifty Sugar & Ethanol Index comprises 15 stocks from the FMCG sector that are directly engaged in sugar or ethanol manufacturing and production. The index is designed to track the performance of the largest eligible companies based on six-month average free-float market capitalisation.

The Nifty Small Finance Banks & Microfinance Institutions Index includes 10 listed small finance banks and microfinance institutions and aims to capture the performance of the most l...