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Q.

What is the meaning of DEFTY (NSE) ?

Asked by afsal kt, 20 Jul '07 10:21 pm
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Answers (3)

1.

Almost every institutional investor and offshore fund enterprise with equity exposure in India would like to have an instrument for measuring returns on equity investment in terms of dollars. To facilitate this, a new index the S&P CNX Defty, a dollar-denominated S&P CNX Nifty, has been developed. S&P CNX Defty is S&P CNX Nifty, measured in dollars. It provides an effective tool for hedging Indian equity exposure. It also provides fund managers an instrument for measuring returns on their equity investment in dollars.
Answered by Girimalleshappa, 10 Apr '09 11:48 am

 
  
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2.

Delhi exchange fifty
Answered by HS Sudan, 20 Jul '07 10:22 pm

 
  
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3.

DEFTY stands for Delhi exchange fifty
DEFTY as on 11 Nov
ABB Electric Equipment
ACC Cement - Major
Ambuja Cements Cement - Major
Bharti Airtel Telecommunications - Service
BHEL Engineering - Heavy
Cairn India Oil Drilling And Exploration
Cipla Pharmaceuticals
DLF Construction & Contracting - Real Estate ...more
Answered by Deepak Joshi, 11 Nov '09 03:14 pm

 
  
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Nifty is an index or an indicator of the performance of the companies listed in national stock exchange situated in delhi. Nifty constitutes of 50 com..more

Answered by anantharaman