Friday, 12 June 2015

BSE/Sensex – 30 stocks and selection criteria



As you are mindful, the SENSEX comprises of 30 top scrips from distinctive parts. Be that as it may, going into SENSEX group is not a simple undertaking for organizations. BSE has some strict rules to choose a scrip into SENSEX. Kindly check the Selection criteria beneath. 

Note: this 'Scrip Selection Criteria' has been taken from bseindia.com 

Scrip Selection Criteria for Sensex 

The general rules for determination of constituents in SENSEX are as per the following: 


* Listed History: 

The scrip ought to have a posting history of no less than 3 months at BSE. Special case may be considered if full market promotion of a recently recorded organization positions among main 10 in the rundown of BSE universe. On the off chance that, an organization is recorded because of merger/ demerger/ amalgamation, least posting history would not be needed. 

* Trading Frequency: 

The scrip ought to have been exchanged on every last trading day in the most recent three months at BSE. Exemptions can be made for great reasons like scrip suspension and so forth.

* Final Rank: 

The scrip ought to figure in the main 100 organizations recorded by last rank. The last rank is touched base at by allotting 75% weightage to the rank on the premise of three-month normal full market underwriting and 25% weightage to the liquidity rank taking into account three-month normal day by day turnover & three-month normal effect cost. 

* Market Capitalization Weightage: 

The weightage of every scrip in SENSEX in light of three-month normal free-buoy market underwriting ought to be no less than 0.5% of the Index. 

* Industry/Sector Representation: 

Scrip choice would by and large consider an adjusted representation of the recorded organizations in the universe of BSE.

* Track Record: 

In the sentiment of the BSE Index Committee, the organization ought to have a worthy reputation.

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