FAQs Source: BSE India
- What are the weightages of different stocks in the BSE 30 Index?
Sr.No. Company Name Weightage 1 HDFC Bank Ltd. 9.90% 2 Housing Development Finance Corporation Ltd. 7.48% 3 Reliance Industries Ltd. 7.30% 4 Infosys Ltd. 5.50% 5 ITC Ltd. 5.30% 6 ICICI Bank Ltd. 4.58% 7 Larsen & Toubro Ltd. 3.86% 8 Tata Consultancy Services Ltd. 3.69% 9 Kotak Mahindra Bank Ltd. 3.58% 10 Maruti Suzuki India Ltd. 3.01% 11 State Bank Of India 2.44% 12 Hindustan Unilever Ltd. 2.43% 13 Axis Bank Ltd. 2.30% 14 IndusInd Bank Ltd. 2.05% 15 Oil & Natural Gas Corporation Ltd. 1.80% 16 Mahindra & Mahindra Ltd. 1.64% 17 Yes Bank Ltd. 1.44% 18 Sun Pharmaceutical Industries Ltd. 1.39% 19 HCL Technologies Ltd. 1.38% 20 Bharti Airtel Ltd. 1.34% 21 NTPC Ltd. 1.34% 22 Asian Paints Ltd. 1.30% 23 Power Grid Corporation Of India Ltd. 1.22% 24 Vedanta Ltd. 1.21% 25 Hero MotoCorp Ltd. 1.19% 26 Bajaj Finance Ltd. 1.16% 27 Tata Motors Ltd. 1.16% 28 Bharat Petroleum Corporation Ltd. 1.05% 29 Ultratech Cement Ltd. 1.04% 30 Bajaj Auto Ltd. 1.03% 31 Indiabulls Housing Finance Ltd. 1.02% 32 Tech Mahindra Ltd. 1.02% 33 Titan Company Ltd. 1.01% 34 Grasim Industries Ltd. 1.00% 35 Eicher Motors Ltd. 0.97% 36 Tata Steel Ltd. 0.96% 37 Indian Oil Corporation Ltd. 0.94% 38 Coal India Ltd. 0.93% 39 Wipro Ltd. 0.82% 40 Zee Entertainment Enterprises Ltd. 0.81% 41 Hindalco Industries Ltd. 0.73% 42 Bajaj Finserv Ltd. 0.73% 43 Cipla Ltd. 0.70% 44 Adani Ports and Special Economic Zone Ltd. 0.69% 45 Bharti Infratel Ltd. 0.67% 46 Hindustan Petroleum Corporation Ltd. 0.66% 47 Dr. Reddys Laboratories Ltd. 0.65% 48 UPL Ltd. 0.61% 49 GAIL (India) Ltd. 0.55% 50 Lupin Ltd. 0.45%
- What are the criteria for selection and review of Securities for the S&P BSE SENSEX® ?
- The general guidelines for selection of constituent Securities in S&P BSE SENSEX® are as follows.
- A. Quantitative Criteria:
- Market Capitalization: The Security should figure in the Top 100 companies listed by full market capitalization. The weight of each S&P BSE SENSEX® Security based on free-float should be at least 0.5% of the Index. (Market Capitalization would be averaged for last six months)
- Trading Frequency: The Security should have been traded on each and every trading day for the last one year. Exception can be made for extreme reasons like Security suspension etc.
- Average Daily Trades: The Security should be among the Top 150 companies listed by average number of trades per day for the last one year.
- Average Daily Turnover: The Security should be among the Top 150 companies listed by average value of shares traded per day for the last one year.
- Industry Representation: The only difference between SCM and TCM is that SCM does not have the rights to clear the trades of other members he can only clear his trades, whereas TCM can clear the trades of any other member
- Listed History: The Security should have a listing history of at least one year on BSE.
- B. Qualitative Criteria:
- Track Record: In the opinion of the Committee, the company should have an acceptable track record.
- A. Quantitative Criteria:
- How is S&P BSE SENSEX® computed?
- S&P BSE SENSEX® is calculated using the "Free-float Market Capitalization" methodology. As per this methodology, the level of index at any point of time reflects the Free-float market value of 30 component stocks relative to a base period. The market capitalization of a company is determined by multiplying the price of stock by the number of shares issued by the company. This market capitalization is further multiplied by the free-float factor to determine the free-float market capitalization.
F & O Segment: The base period of S&P BSE SENSEX® is 1978-79 and the base value is 100 index points. This is often indicated by the notation 1978-79=100. The calculation of S&P BSE SENSEX® involves dividing the Free-float market capitalization of 30 companies in the Index by a number called the Index Divisor. The Divisor is the only link to the original base period value of the S&P BSE SENSEX®. It keeps the Index comparable over time and is the adjustment point for all Index adjustments arising out of corporate actions, replacement of Securities etc. During market hours, prices of the index Securities, at which latest trades are executed, are used by the trading system to calcF & O Segment:ulate S&P BSE SENSEX® every 15 seconds and disseminated in real time.