Dow Jones offers new Indian index

The composition of the index is based on ranking free-float market capitalisation and 12-month average daily trading volume. The top five companies comprise Reliance Industries, Infosys Technologies, HDFC, Bharti Airtel and Larsen & Toubro. The index is calculated in US dollar and Indian rupee.

The provider also plans to launch the Global Dow, an index whose components are selected by the editors of the Wall Street Journal.

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