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Primex 40 Index Reaches Record High, Outshines Nifty 500 Multicap in H1 2024

The Primex 40 Index has hit a record high, outperforming the Nifty 500 Multicap in the first half of 2024. This index, which tracks India's top 40 private companies, has surged to an all-time high of 14,764.30 points. This remarkable performance is attributed to the robust growth and liquidity of its constituents, which span various sectors including financial services, IT, energy, and consumer durables.

Primex 40's success highlights the increasing investor interest and confidence in private market investments. It provides a comprehensive benchmark for private equity performance in India, offering real-time data and insights that enable investors to make informed decisions. The index's performance also reflects the growing opportunities in India's private market, which continues to attract substantial investments

Overall, the Primex 40 Index's impressive gains underscore its potential as a vital tool for investors looking to diversify their portfolios with high-performing private companies, setting a new standard in India's financial market landscape. For more details, you can visit the original report on Business Standard here.

https://www.business-stand...
09:37 AM - May 29, 2024 (UTC)

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