BSE PSU Index consists of major Public Sector Undertakings listed on Bombay Stock Exchange (BSE). BSE PSU Index was launched on June 4, 2001 to track the performance of listed equity of PSU companies. A benchmark for the Indian Central Government to monitor its wealth in PSUs.
The index uses base date of February 1, 1999 and a base value of 1000. The index consists of all Public Sector Undertaking (PSUs) companies in BSE-500 index. BSE PSU Index shows change in the wealth of Indian Central Government in PSUs.
Companies in which Indian Central Government has greater than or equal to 51% stake that are listed in BSE and are part of BSE-500 Index.
Revised on April 21, 2009