Artificial Intelligence Index Making you Intelligent

Artificial Intelligence Index

Artificial intelligence index is an effort to track and visualize data regarding artificial intelligence. It is comprised of companies that use artificial intelligence.

Artificial intelligence indices track the performance of companies that are positioned to benefit from the development and utilization of artificial intelligence in their products and services. The index intends to reflect the performance of the companies engaged in applications of artificial intelligence. Advancement in artificial intelligence companies takes advantage of the long-term trend towards automation, which might affect their revenue. The data allows a detailed breakdown of revenue sources of the eligible companies, helping this index to select companies with substantial positive artificial intelligence exposure.

Thematic Index

NSE Indices Limited calculates series of thematic indices to show the performance of the companies that represent a movement in a specific theme. Thematic indices are calculated by NSE Indices taking into the account the stock traded on the national stock exchange. Free float market capitalization method is used.

• NIFTY COMMODITY INDEX– This reflects the behaviour and performance of the diversified portfolio of companies representing commodities such as oil, petroleum, cement, sugar, metals and mining.
• NIFTY INDIA CONSUMPTION INDEX- This reflects the behaviour of the diversified portfolio of companies representing the domestic consumption centre.
• NIFTY ENERGY INDEX– This reflects the behaviour of a diversified portfolio of companies representing petroleum, gas and power sector.
• NIFTY PSE INDEX– This reflects the behaviour of public sector enterprises (PSE) companies.
• NIFTY INFRASTRUCTURE INDEX– This index reflects the behaviour of companies that represent infrastructure defined under basic industries.

Index Development

Information about the price movement of products in the financial, commodities or any other markets is known by index. Index development is done to measure the price movement of stocks, bonds and other forms of investment. Index development provides a historical comparison of returns of money invested in the stock market against gold or debt. They give out highly up to date information.