BSE launches India's first Saatvik Index to promote value-based investing
New Delhi, June 19 -- BSE Index Services Pvt. Ltd., a wholly owned subsidiary of BSE, on Friday announced the launch of India's first Saatvik Index, the BSE Saatvik 100. The index is derived from the constituents of the BSE 500 Index that align with Saatvik principles, offering domestic investors a new avenue to invest in companies that adhere to ethical and value-based principles.
The word "Saatvik" signifies purity, responsibility, and ethical conduct. The launch comes at a time of growing interest in Environmental, Social, and Governance (ESG) investing, which focuses on companies that are not only driven by profits but also contribute positively to society and the environment.
Ashutosh Singh, Managing Director and Chief Executive Of...
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