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''India Index Services & Products Limited]'' (IISL), a joint venture between [[National Stock Exchange of India|National Stock Exchange of India Limited]] and [[CRISIL]]. (formerly the Credit Rating Information Services of India Limited), was set up in May 1998 to provide a variety of indices and index related services and products for the Indian capital markets.
''India Index Services & Products Limited]'' (IISL) was set up in May 1998 to provide a variety of indices and index related services and products for the Indian capital markets.
IISL provides a broad range of services, products and professional index services. It maintains over 80equity indices comprising broad-based benchmark indices, sectoral indices and customised indices. Many investment and risk management products based on IISL indices have been developed in the recent past, within India and abroad. These include index based derivatives traded on [[National Stock Exchange of India|NSE]], [[SGX|Singapore Exchange]] ([[SGX]]) and [[Chicago Mercantile Exchange]] ([[Chicago Mercantile Exchange|CME]]) and a number of index funds and exchange traded funds.
IISL provides a broad range of services, products and professional index services. It maintains over 80 equity indices comprising broad-based benchmark indices, sectoral indices and customised indices. Many investment and risk management products based on IISL indices have been developed in the recent past, within India and abroad. These include index based derivatives traded on [[National Stock Exchange of India|NSE]], [[SGX|Singapore Exchange]] ([[SGX]]) and [[Chicago Mercantile Exchange]] ([[Chicago Mercantile Exchange|CME]]) and a number of index funds and exchange traded funds.


Objectives of IISL :
Objectives of IISL :
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- To provide data and information on the trading activity in the Indian stock markets
- To provide data and information on the trading activity in the Indian stock markets

All the erstwhile indices of [[National Stock Exchange of India|NSE]] and [[CRISIL]], such as [[CNX Nifty|Nifty]], Nifty Junior, Defty, CRISIL 500, CRISIL Midcap 200 index etc. have been transferred to IISL which now maintains, develops, compiles and disseminates the indices.


==See also==
==See also==
* [[National Stock Exchange of India|NSE]]
* [[National Stock Exchange of India|NSE]]
* [[CRISIL]]


==References==
==References==

Revision as of 11:01, 28 August 2013

India Index Services & Products Limited
TypeIndex Provider
LocationMumbai, India

India Index Services & Products Limited] (IISL) was set up in May 1998 to provide a variety of indices and index related services and products for the Indian capital markets. IISL provides a broad range of services, products and professional index services. It maintains over 80 equity indices comprising broad-based benchmark indices, sectoral indices and customised indices. Many investment and risk management products based on IISL indices have been developed in the recent past, within India and abroad. These include index based derivatives traded on NSE, Singapore Exchange (SGX) and Chicago Mercantile Exchange (CME) and a number of index funds and exchange traded funds.

Objectives of IISL :

IISL pools the index development efforts of NSE and CRISIL into a coordinated whole - India's first specialised company focused upon the index as a core product. IISL has the following objectives:

- To develop, construct and maintain indices on Indian equities that serve as useful market performance benchmarks and are the underlying indices for derivatives trading

- To provide data and information on the trading activity in the Indian stock markets

See also

References