Indian Stock Exchange Launches Index to Track Travel Listings — India Report

India's National Stock Exchange has launched the Nifty India Tourism Index to capture the performance of travel and tourism companies within the Nifty 500 Index. The index is used by investors to manage their investment portfolios and serve as a benchmark for different purposes, including tracking expected returns of certain segments. 

The creation of a separate stock market index for tourism indicates significant demand and investor interest in tourism and travel related stocks in India. Recent stock market debuts of TBO Tek and Ixigo reflect strong investor sentiment towards the industry. 

The index is tracking the performance of companies across all these sectors. Companies such as IndiGo, EaseMyTrip, BLS International, Oberoi Hotels and Resorts, GMR Airports Infrastructure, Lemon Tree Hotels, Chalet Hotels, and Mahindra Holidays and Resorts India have been included in the index to track the sectoral movement.

This initiative is in line wi