BSE Index Services Launches Index Tracking Indian Stocks Meeting Saatvik Principles

BSE Index Services has introduced a measure of Indian stocks that are aligned with so-called “saatvik” principles.

The index applies criteria rooted in traditional Indian concepts to publicly traded companies. Selection focuses on characteristics described as purity and balance in business practices. BSE Index Services developed the measure to provide investors with a benchmark for companies meeting these standards.

The launch adds to the range of specialized indices available on Indian exchanges. Investors can use the new tool to track performance of stocks selected under the saatvik framework. No further details on constituent companies or performance data were provided in the announcement.