The BSE TECk Index represents the most frequently traded stocks in the Indian Telecom, Media, and Telecommunications (TMT) sectors. In 1990s, TMT sector had a remarkable growth in the financial market. It has become a major force in the Indian economy. Recognizing the growing importance of the TMT sector, BSE TECk index was launched in July 11, 2001.
Approximately, 19% of the turnover on the stock exchanges was TMT sector stocks. These stocks collectively account for 15% of the total market capitalization. The investment interest in technology stocks continues unabated. The index was launched with base year of index of 2001 and with base index value of 1000. The index is calculated on free-float market capitalization method with frequency of 15 seconds. Number of companies vary in the index as it aims to represent minimum 90% market capitalization of BSE-500 index
Company Selection Criteria
- Eligible universe - Companies classified under information technology, media and telecom sectors that are present constituents of BSE-500 index.
- Trading Frequency - Companies should have a minimum trading frequency of 90% in preceding three months.
- Market capitalization - Companies with a minimum of 90% market capitalization coverage in each sector based on free-float final rank form the index.
- Buffers - A buffer of 2% both for inclusion and exclusion in the index is considered so that movements in and out of the index are minimized. For example, a company can be included in the index only if it falls within 88% coverage and an existing index constituent cannot be excluded unless it falls above 92% coverage. However, the above buffer criterion is applied only after the minimum 90% market coverage is satisfied.
BSE Indices
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Industry Indices
- BSE Auto Index
- BSE BANKEX
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- BSE FMCG Index
- BSE Healthcare Index
- BSE IT Index
- BSE Metal Index
- BSE Oil and Gas Index
- BSE Power Index
- BSE Realty Index
Companies in BSE TECk Index
Revised on January 12, 2009
- CODE - NAME (ADJ. FACTOR) - SECTOR
- 532399 - Adlabs Films Ltd. (0.35) - Media & Publishing
- 532475 - Aptech Ltd. (0.65) - IT
- 532382 - Balaji Telefilms Ltd. (0.35) - Media & Publishing
- 532454 - Bharti Airtel Ltd. (0.35) - Telecom
- 532608 - Deccan Chronicle Holdings Ltd. (0.4) - Media & Publishing
- 532839 - Dish TV India Ltd. (0.45) - Media & Publishing
- 526881 - Financial Technologies (I) Ltd. (0.55) - Information Technology
- 500160 - GTL Ltd. (0.6) - IT
- 532281 - HCL Technologies Ltd. (0.35) - Information Technology
- 500183 - Himachal Futuristic Comm. (1) - Telecom
- 532662 - HT Media Ltd. (0.2) - Media & Publishing
- 532800 - IBN18 Broadcast Ltd. (0.35) - Media & Publishing
- 532822 - Idea Cellular Ltd. (0.3) - Telecom
- 500209 - Infosys Technologies Ltd. (0.85) - Information Technology
- 512185 - IOL Netcom Ltd. (0.9) - Media & Publishing
- 532705 - Jagran Prakashan Ltd. (0.2) - Media & Publishing
- 500108 - Mahanagar Telephone Nigam Ltd. (0.45) - Telecom
- 517140 - Moser-Baer (India) Ltd. (0.4) - Information Technology
- 526299 - Mphasis Ltd. (0.3) - Information Technology
- 532529 - New Delhi Television Ltd. (0.4) - Media & Publishing
- 500304 - NIIT Ltd. (0.7) - IT
- 532466 - Oracle Financial Services Software Ltd. (0.2) - Information Technology
- 532517 - Patni Computer Systems Ltd. (0.35) - Information Technology
- 532712 - Reliance Communications Ltd (0.35) - Telecom
- 500366 - Rolta India Ltd. (0.6) - Information Technology
- 532733 - Sun TV Network Ltd. (0.15) - Media & Publishing
- 532790 - Tanla Solutions Ltd. (0.65) - Telecom
- 500483 - Tata Communications Ltd. (0.25) - Telecom
- 532540 - Tata Consultancy Services Ltd. (0.25) - Information Technology
- 532371 - Tata Teleservices (Maharashtra) Ltd. (0.25) - Telecom
- 532755 - Tech Mahindra Ltd. (0.2) - Information Technology
- 532299 - Television Eighteen India Ltd. (0.5) - Media & Publishing
- 532619 - UTV Software Communications Ltd. (0.2) - Media & Publishing
- 507685 - Wipro Ltd. (0.2) - Information Technology
- 532795 - Wire and Wireless (India) Ltd. (0.55) - Media & Publishing
- 505537 - Zee Entertainment Enterprises Ltd. (0.6) - Media & Publishing
- 532794 - Zee News Ltd. (0.5) - Media & Publishing