MCX-SX announces launch of its bank index, ‘SXBANK’
– SXBANK, designed to measure the performance of the Indianbanking sector, comprises of 10 most liquid and large capitalized banking stocks,as classified by ICB® –the leading global Industry Classification System from FTSE – This is the first sectoral index, developed for the Indian banking sector,that has a cap on the weight of the individual stocks, …