Mumbai, July 13 -- NSE Indices, a subsidiary of the National Stock Exchange (NSE), launched the Nifty500 Ahimsa Index, a thematic index designed to provide investors with exposure to companies whose business practices are aligned with the principles of Ahimsa (non-violence).

The index comprises 326 companies selected from the Nifty 500 universe that do not engage in activities considered harmful to animals. It has been developed in collaboration with the Ahimsagain Foundation under its Ahimsa Investment Movement (AIM) framework, which classifies companies into Green, Orange and Red categories based on their alignment with Ahimsa principles. Only companies in the Green category are eligible for inclusion.

The index has a base date of 1 A...