

A market index is a statistical measure that tracks the performance of a group of securities representing a specific market, sector, or asset class.
Indices are constructed using selected stocks weighted by market capitalisation or other methods. Examples include broad market indices and sector-specific indices. They serve as benchmarks for performance comparison.
Market indices help investors and analysts assess overall market trends and economic sentiment. They provide reference points for portfolio performance and investment strategies.
Indian market indices are widely used by investors, fund managers, and businesses to track economic direction and capital market health.