Infosys enters Nasdaq-100 club
Ann/ Statesman News Service
Software giant, Infosys Technologies, is all set to become the first Indian company to be included in the much coveted Nasdaq-100 index from 18 December. The decision of the exchange follows its annual re-ranking of the index.The NASDAQ-100 index, a global benchmark, comprises 100 largest non-financial stocks on the exchange. It is one of the world's most recognised benchmarks that owes this distinction to its components companies that are leaders in diverse range of industries to quote an exchange official. According to him, the annual re-ranking of the Nasdaq-100 Index is an objective, transparent process that culminates into the formation of a select group of companies in a global benchmark.
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