BSE Index Services expanded its factor index suite with four new indices focused on momentum, value, quality, and low volatility.

BSE Index Services , a wholly owned subsidiary of Asia's oldest stock exchange the Bombay Stock Exchange (BSE), has introduced four new factor indices derived from the BSE 100 Large Cap TMC Index, expanding its range of strategic and   rules-based   benchmarks. Each index applies a   score-based   weighting method The indices include Momentum 30, Low Volatility 30, Enhanced Value 30 and Quality 30. Each index tracks 30 companies that score highest on the respective facto