SX40 is the flagship Index of MCX-SX. A free float based index of 40 large cap -
liquid stocks representing diversified sectors of the economy. SX40 is designed
to measure the economic performance with better representation of various industries
and sectors based on ICB®, leading global Industry Classification system from FTSE.
The Index is devised to offer cost-effective support for investment and structured
products such as index futures and option, index portfolio, exchange traded funds,
Index funds, etc.