| A great deal of investment interest is now focused on the specific sector. In order to have a good benchmark of the prominent Indian sectors, Index Product Group has developed various sector indices on Indian Equity Markets. The indices provide investors and market intermediaries with an appropriate benchmark that captures the performance of the respective segment of the market.
Like for eg., the Banking Industry has been undergoing major changes, reflecting a number of underlying developments. Advancement in information technology has facilitated growth in internet-banking, Electronic transfer of funds etc. Reforms in the banking sector like the enactment of the Securitization Act to step up loan recoveries, establishment of asset reconstruction companies, initiatives on improving recoveries from Non-performing Assets (NPAs) etc, has raised transparency and efficiency in the banking system. Also, Spurt in treasury income and improvement in loan recoveries has helped Indian Banks to record better profitability. In order to have a good benchmark of the Indian banking sector, IPG of Atherstone Capital Markets Limted (ACML) has developed the Atherstone India Bankex Index. Similarly, Pharmaceuticals sector is one of the key sectors where Indian companies have created a global brand for themselves besides software. Indian companies have taken advantage of the opportunities in the regulated generics market in the western countries and made deep inroads especially in providing low cost equivalents of expensive drugs. Pharma outsourcing into India and low cost Healthcare services are expected to be the key areas of growth in the near future. Therefore IPG has developed Atherstone India Healthcare Index, to capture the performance of the companies in this sector. Another important sector is Real estate sector in India which is witnessing significant growth. Recent dynamics of the market reflected the opportunity of creating wealth across real estate companies, as proven by recent listings of real estate companies resulting into prominent growth in public funds and private equity. The main growth thrust is coming due to favorable demographics, increasing purchasing power, existence of customer friendly banks & housing finance companies, professionalism in the real estate sector and favorable reforms initiated by the government to attract global investors. Further necessitated by the thrust of redevelopment of old buildings, building townships and redeveloping mill lands, one can witness plenty of opportunities in real estate sector. Looking at this development IPG has developed the Atherstone India Realty Index to synergize these emerging opportunities along with their Index expertise creating new investment avenues for investors.
Therefore, looking at the importance of each and every sector in the economy, IPG has constructed following Indian Sector Indices. |