Maintenance of
SENSEX
One of the important aspects of maintaining continuity with the past is to
update the base year average. The base year value adjustment ensures that
replacement of stocks in Index, additional issue of capital and other corporate
announcements like 'rights issue' etc. do not destroy the historical value of
the index. The beauty of maintenance lies in the fact that adjustments for
corporate actions in the Index should not per se affect the index values.
The Index Cell of the exchange does the day-to-day maintenance of the
index within the broad index policy framework set by the Index Committee. The
Index Cell ensures that SENSEX and all the other BSE indices maintain their
benchmark properties by striking a delicate balance between frequent
replacements in index and maintaining its historical continuity. The Index
Committee of the Exchange comprises of experts on capital markets from all major
market segments. They include Academicians, Fund-managers from leading Mutual
Funds, Finance-Journalists, Market Participants, Independent Governing Board
members, and Exchange administration.
All About Sensex, Launch of BSE Sensex
What is Sensex in the stock market?
What
are the objectives of SENSEX?
How to
calculate BSE SENSEX?
What is the beta of SENSEX scrips?
SENSEX - Scrip selection criteria
Maintenance of SENSEX
How is the closing Index calculated?
What are the criteria for selection and review of scrips for the SENSEX?
Who selects these 30 stocks & How do they select these 30 stocks?
Dollex series of BSE indices
Book Building - About Book Building
Definition of Free-float & Determining Free-float factors of companies
Understanding Free-float Methodology & Its Major advantages
Book Building - Glossary
Companies that form the NSE Nifty Index
What are the
BSE Sensex & the NSE Nifty?
Technical Analysis of Indian stock market BSE Sensex Index
How are adjustments for Bonus, Rights and newly issued Capital carried out in
SENSEX?
The Sensex
story: From 1K to 18K
BSE 100 Index
BSE 200 Index
BSE 500 Index
BSE TECk INDEX
BSE BANKEX