The Nifty India Manufacturing Index reflects the performance of India s manufacturing sector, comprising companies from Nifty indices. It is rebalanced semi-annually and offers diversification benefits. However, it may have a market cap bias and sector-specific risks.
The Nifty Manufacturing index climbed to 13,080 intraday. It has touched new all-time highs for the past five sessions. The manufacturing index has gained 57 percent in the last 12 months.