QUOTE AND NEWS
The Hindu Business Line  2 hrs ago  Comment 
The Sensex and Nifty were trading marginally higher led by FMCG, auto, power and realty stocks amid firm Asian cues. However, selling pressure in capital goods, infrastructure, metal and banking stoc...
The Economic Times  3 hrs ago  Comment 
Index heavyweights HDFC, HDFC Bank, Hindustan Unilever and TCS led the rise.
The Times of India  3 hrs ago  Comment 
The 30-share BSE Sensex gained 117.21 points to open at 31,566.24 while the broader 50-share NSE Nifty went up by 31.70 points to start trading on 9,825.85. Encouraging global cues is being billed as the major reason behind the positive momentum...
The Economic Times  Aug 15  Comment 
Sensex and Nifty surged over 11% between August 15, 2016 and August 15, 2017.
The Economic Times  Aug 15  Comment 
The Sensex gained 235.44 points or 0.7 per cent to close at 31,449.03 on Monday.
The Economic Times  Aug 14  Comment 
Stocks moved higher as bargain hunters took to value buying after last a week's losses.
The Times of India  Aug 14  Comment 
The equity markets on Monday erased the slump of last week as both Sensex and Nifty gained heavily on back of improved global cues.
The Hindu Business Line  Aug 14  Comment 
Realty, metal stocks steal the show
The Times of India  Aug 14  Comment 
Sensex today: The 30-share BSE Sensex opened 85.93 points above the previous closing at 31,299.52 while the broader 50-share NSE Nifty opened at 9,755.75, up by 44.95 points. Soon after, the Sensex surged further to hit the day-high of 31,404.24,...
The Economic Times  Aug 14  Comment 
Index heavyweights such as Reliance Industries, ICICI Bank and Maruti Suzuki led the rise.




 
TOP CONTRIBUTORS

The BSE Sensex is a market capitalized index that tracks 30 stocks from the Bombay Stock Exchange, which are representative of the stocks from various sectors of the Bombay Stock Exchange. They account for approximately one fifth of the capitalization of the exchange. It is the second largest exchange of India in terms of volume and first in terms of shares listed. The BSE Sensex has more than ten thousand shares listed.[1]

Weighting

The index is calculated based on a free-float capitalization method; a variation of the market cap method. Instead of using a company's outstanding shares it uses its float, or shares that are readily available for trading. The free-float method, therefore, does not include restricted stocks, such as those held by company insiders.

The Free float Adjustment factor, or FAF for short, represents the proportion of shares that is freefloated as a percentage of issued shares and then its rounded up to the nearest mulitple of 5% for calculation purposes. To find the free-float capitalization of a company, first find its market cap (number of outstanding shares x share price) then multiply its free-float factor.

The free-float factor is determined by the percentage of floated shares to outstanding. For example, if a company has a float of 4 million shares and outstanding shares of 5 million, the percent of float to outstanding is 80%. A company with an 80% free float falls in the 75-80% free-float factor, or 0.80, which is then multiplied by its market cap. For example: $120 million (12 million shares at $10/share) x 0.80 = $96 million.[2]

Composition

The composition of the BSE Sensex, as of August 27, 2008:[3]

COMPANY NAME TICKER on the BSE Industry Free float Factor
ACC LimitedBY:500410Housing Related0.60
Bharat Heavy Electricals LimitedBY:500103Capital goods0.35
Bharti Airtel LtdBY:532454Telecom0.35
DLF Ltd.BY:532868Housing Related0.15
Grasim Industries Ltd.BY:500300Diversified0.75
HDFC Bank (HDB)BY:500180Finance0.85
HDFCBY:500010Finance0.85
Hindalco Industries LtdBY:500440Metals, Metal Products and Mining0.70
Hindustan Unilever LtdBY:500696Fast Moving Consumer Goods0.50
ICICI Bank (IBN)BY:532174Finance1.00
Infosys Technologies (INFY)BY:500209Information Technology0.85
ITC LtdBY:500875Fast Moving Consumer Goods0.70
Jaiprakash Associates Ltd.BY:532532Housing Related0.60
Larsen & Toubro LimitedBY:500510Capital Goods0.90
Mahindra & Mahindra LtdBY:500520Transport Equipments0.80
Maruti Suzuki India LtdBY:532500Transport Equipments0.50
National Thermal Power Corporation LtdBY:532555Power0.15
Oil and Natural Gas Corporation BY:500312OIl & Gas0.20
Ranbaxy Laboratories Ltd.BY:500359Healthcare0.70
Reliance Communications (532712-BY)BY:532712Telecom0.35
Reliance Industries Limited (RELIANCE-IN)BY:500325Oil & Gas0.50
Reliance Infrastructure Ltd.BY:500390Power0.65
Satyam Computer Services (SAY)BY:500376Information Technology0.95
Sterlite Industries (India) Ltd.BY:500900Metals, Metal Products and Mining 0.40
Tata Consultancy Services LimitedBY:532540Information Technology0.25
Tata Motors (TTM)BY:500570Transport Equipments0.60
Tata Power Company Ltd.BY:500400Power0.70
Tata Steel Limited (500470-BY)BY:500470Metals, Metal Products and Mining0.70
Wipro (WIT)BY:507685Information Technology0.20

Image:Example.jpg

References

  1. You must specify title = and url = when using {{cite web}}..
  2. Investopedia.com
  3. List of Sensex stocks
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