Jul 14, 2007

BSE Realty Index - New Index added to BSE Sensex

Why BSE Realty Index ?In keeping with its tradition of introducing new products to meet the needs of investors and in recognition of the growing importance of the real estate sector in the Indian economy, BSE announces the launch of BSE Realty Index.Market Details of the IndexThe market capitalization of the real estate sector in India is just 4.2% of the total market capitalization, well below the global norm of approximately 15%, reflecting the headroom available for growth of this sector.