Nasdaq adds Navisite to index

Navisite Inc. announced today that it has been chosen by Nasdaq Stock Market Inc. for inclusion in Nasdaq's new Internet Index.

Andover-based Navisite is an Internet services provider for application management and managed hosting solutions.

The Internet Index is designed to track the performance of the largest and most liquid Internet stocks listed and actively traded on any of the major US stock exchanges, Navisite noted.

Companies on the index provide such services as Internet access, search engines, Web hosting, Web design, and e-commerce.
(By Chris Reidy, Globe staff)