What is S&P CNX Nifty Futures? Print

Listed Index Fund S&P CNX Nifty Futures (India Equity)  Code:1549S&P CNX Nifty Index Futures is the settlement price of the most recent delivery month of the S&P CNX Nifty Index Futures in Singapore Stock Exchange of which the underlying asset is the S&P CNX Nifty Index. The Futures are traded in US dollars.

S&P CNX Nifty Index is a leading stock price index on the National Stock Exchange in India. It is the weighted-average of 50 blue-chip stock prices with higher market capitalization and liquidity by market capitalization ratio after subsequent flotation adjustment, then assigning Index values accordingly.

S&P CNX Nifty Index
* Base date is 3 November 1995


Copyright and other aspect of "S&P CNX Nifty Index"

  • The Fund is not sponsored, endorsed, sold or promoted by India Index Services & Fund Limited ("IISL"), its affiliates or Standard & Poor's Financial Services LLC or its affiliates ("S&P"). Neither IISL nor S&P makes any representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of investing in securities generally or in the Fund particularly or the ability of the S&P CNX Nifty Index to track general stock market performance in India and/or of certain financial markets or sections thereof and/or of certain assets or classes thereof. The relationship of S&P and IISL to Licensee is only in respect of the licensing of certain trademarks and trade names of the Index which is determined, composed and calculated by IISL without regard to the Licensee or the Fund. Neither S&P nor IISL has any obligation to take the needs of the Licensee or the owners of the Fund) into consideration in determining, composing or calculating the S&P CNX Nifty Index. Neither S&P nor IISL is responsible for or has participated in the determination of the timing of, prices at, or amount of the Fund to be issued or in the determination or calculation of the equation by which the Fund is to be converted into cash. Neither IISL nor S&P has any obligation or liability in connection with the administration, marketing or trading of the Fund(s)".
  • "S&P AND IISL DO NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF THE S&P CNX NIFTY INDEX OR ANY DATA INCLUDED THEREIN AND THEY SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. NEITHER S&P NOR IISL MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE FUND, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P CNX NIFTY INDEX OR ANY DATA INCLUDED THEREIN. IISL AND S&P MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IISL AND S&P EXPRESSLY DISCLAIM ANY AND ALL LIABILITY FOR ANY DAMAGES OR LOSSES ARISING OUT OF OR RELATED TO THE FUND, INCLUDING ANY AND ALL DIRECT, SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.