The exchange explained the construction of composite 80:20 indices and inverse benchmarks linked to major BSE indices.

BSE Index Services, a wholly owned subsidiary of BSE, has introduced its long-short indices and inverse indices. The indices were expected to serve as benchmarks for specialised investment fund strategies The firm noted that the inverse indices were intended to mirror the inverse performance of their respective underlying benchmarks, while the long-short indices combined long exposure to the BSE 500 with 1X inverse positions in either the BSE 150 Midcap or the BSE 200 to create hedged strate