QUOTE AND NEWS
The Hindu Business Line  7 hrs ago  Comment 
The Sensex and the Nifty managed to record gains despite renewed political turmoil
The Economic Times  11 hrs ago  Comment 
Shares of RIL have risen a little over 11% in the last 3 years, underperforming the benchmark index Sensex, which rallied a little over 40% in the same period.
The Economic Times  Jul 19  Comment 
The decline in prices provided space for the Reserve Bank to cut interest rates in next month's policy review to revive economic growth.
Reuters  Jul 18  Comment 
Reuters Market Eye - Trading is expected to be dominated by corporate earnings in the near term, with blue chips including Reliance Industries Ltd , HDFC Bank Ltd , Housing Development Finance Corp , and Axis Bank Ltd set to post results.
The Times of India  Jul 18  Comment 
The benchmark sensex on Friday surged over 80 points to close at 25,641.56, its highest in 10 days, on sustained buying by foreign funds in IT shares after encouraging earnings from TCS.
The Times of India  Jul 18  Comment 
The Economic Times  Jul 18  Comment 
After a strong rally seen so far in the year 2014, analysts are of the view that Indian equities are likely to remain in consolidation phase atleast for some more time.
Reuters  Jul 18  Comment 
The BSE Sensex and Nifty edged higher on Friday, gaining for a fourth consecutive session, after Tata Consultancy Services' better-than-expected earnings sparked a rally in IT stocks and offset global concerns about the downing of a Malaysian...
The Hindu Business Line  Jul 18  Comment 
The Sensex and the Nifty rose nearly 0.4 per cent at the pre-close session led by IT, TECk, banking and capital goods stocks amid weak global cues. The 30-share BSE index Sensex was trad...
The Hindu Business Line  Jul 18  Comment 
The Sensex and the Nifty were trading down by about 0.3 per cent due to profit-booking by funds and retail investors after three sessions of gains amid weak global cues. After declining...
The Economic Times  Jul 18  Comment 
Sensex started on a cautious note on Friday tracking Asian markets which were trading lower on news of a downed Malaysian Airlines jet at Russia border.




 
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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