BSE launches India's first 'Saatvik' index to track ethical firms

BSE Index Services, a wholly owned subsidiary of BSE, launched India's first "BSE Saatvik 100". The index, with a base value of 1,000, will track companies that follow strong ethical and value-based principles or "Saatvik principles". It will be reconstituted semi-annually in June and December. Financial services carry the highest weightage in the index at 37.55%.