About Nifty Healthcare Index The Nifty Healthcare Index is a sectoral index on the National Stock Exchange of India that represents the performance of healthcare companies listed on the exchange. It comprises up to 20 tradable, exchange-listed companies involved in pharmaceuticals, hospitals, diagnostics, medical equipment, biotechnology, and other allied services. The index is computed using the free float market capitalization method, reflecting the total free float market value of all the stocks in the index relative to a particular base market capitalization value. The Nifty Healthcare Index can be used for various purposes such as benchmarking fund portfolios, launching index funds, exchange-traded funds (ETFs), and structured products.
