QUOTE AND NEWS
The Economic Times  54 min ago  Comment 
Tracking the momentum, the 50-share Nifty index plunged over 50 points and is now trading below its crucial psychological support level of 6750 levels.
The Times of India  1 hr ago  Comment 
Sensex in major markets around the globe is pulling down Indian stocks with the sensex and Nifty both down over 0.6% in early trades.
The Hindu Business Line  4 hrs ago  Comment 
The Economic Times  2 hrs ago  Comment 
Sensex slumps, led by losses in ICICI Bank, HDFC, L&T, State Bank of India and Reliance Industries. Broader 50-share Nifty hovers around the crucial 6,750-mark.
Reuters  3 hrs ago  Comment 
Reuters Market Eye - The Sensex is down 0.6 percent, while the Nifty is 0.56 percent lower, retreating from record highs hit on Thursday.
The Economic Times  4 hrs ago  Comment 
The Nifty was at 6,766.05, down 30.35 points or 0.45 per cent. It touched a high of 6,768 and a low of 6,743.15 in trade today.
The Hindu Business Line  Apr 10  Comment 
The BSE benchmark Sensex was trading marginally in the green after climbing to a new record high of 22,769.20 in early trade. At 2.50 p.m., the Sensex was trading up 48.11 points or 0.21...
The Hindu Business Line  Apr 10  Comment 
The Economic Times  Apr 10  Comment 
50-share Nifty rose to fresh record highs of 6,816.45 but pared some of the morning gains and was trading around its crucial support level of 6800.
The Hindu Business Line  Apr 10  Comment 
The Sensex and the Nifty opened the session marginally in the green on buying by funds and retail investors in select stocks amid mixed Asian cues. The 30-share BSE index Sensex was trad...
The Economic Times  Apr 9  Comment 
Sun Pharma, Axis Bank, Tata Motors, ICICI Bank and HDFC Bank are among the top gainers on Sensex; while, Infosys, TCS and Wipro are among the losers.
The Hindu Business Line  Apr 9  Comment 
Reuters  Apr 9  Comment 
The BSE Sensex rose to a record high on Monday, surpassing its previous all-time highs hit last week as Sun Pharmaceutical Industries surged on broker upgrades after it agreed on Monday to acquire Ranbaxy Laboratories in a $3.2 billion deal.




 
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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki