QUOTE AND NEWS
Reuters  36 min ago  Comment 
REUTERS - Indian shares fell on Friday, underperforming Asian peers, as blue chip Infosys Ltd fell as much as 10.6 percent after the software services exporter posted disappointing results and slashed revenue forecasts.
The Economic Times  40 min ago  Comment 
Infy was at the bottom of the Sensex pack losing as much as 10%. The Nifty50 also lost its crucial support level of 8,550, with IT stocks being the worst-hit.
The Times of India  4 hrs ago  Comment 
The Economic Times  4 hrs ago  Comment 
FMCG and PSU banking stks were among the biggest gainers in the sectoral landscape while fin services and private banking stocks led the fall on the Nifty50.
The Hindu Business Line  4 hrs ago  Comment 
The Sensex and Nifty plunged over 0.6 per cent in the afternoon trade due to heavy selling in IT and TECk stocks amid weak European cues. IT and TECk counters succumbed to heavy selling pressure a...
The Economic Times  5 hrs ago  Comment 
The Nifty50 was trading near its crucial level of 8600 supported by gains in realty, oil & gas, consumer durables, capital goods, and auto stocks.
The Times of India  Jul 14  Comment 
Stocks retained their winning knack for the fourth straight day as the sensex on Thursday gained 127 points to end at a fresh 11-month high of 27,942 amid unabated foreign inflows on hopes of better corporate earnings numbers. 50-share NSE Nifty...
The Economic Times  Jul 14  Comment 
Solid gains on the counters of ICICI Bank (up 2.72%), SBI (up 2%), Axis Bank (up 0.61%) and HDFC Bank (up 0.50%) gave the 30-share Sensex much-needed relief.
The Economic Times  Jul 14  Comment 
The NSE's Nifty50 was trading above its crucial level of 8,500 led by gains in PSU Banks, auto, private banks, and FMCG stocks.
The Economic Times  Jul 14  Comment 
​Data shows 4 Sensex stocks, which were not a part of the index 10 years back, grew 5-18 times during this period when the BSE Sensex rallied 2.8 times.




 
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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