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SENSEX - Scrip selection criteria:

The general guidelines for selection of constituents in SENSEX are as follows:

  • Listed History:The scrip should have a listing history of at least 3 months at BSE. Exception may be considered if full market capitalisation of a newly listed company ranks among top 10 in the list of BSE universe. In case, a company is listed on account of merger/ demerger/ amalgamation, minimum listing history would not be required.

     

  • Trading Frequency:The scrip should have been traded on each and every trading day in the last three months. Exceptions can be made for extreme reasons like scrip suspension etc.

     

  • Final Rank:The scrip should figure in the top 100 companies listed by final rank. The final rank is arrived at by assigning 75% weightage to the rank on the basis of three-month average full market capitalisation and 25% weightage to the liquidity rank based on three-month average daily turnover & three-month average impact cost.

     

  • Market Capitalization Weightage:The weightage of each scrip in SENSEX based on three-month average free-float market capitalisation should be at least 0.5% of the Index.

     

  • Industry Representation:Scrip selection would generally take into account a balanced representation of the listed companies in the universe of BSE.

     

  • Track Record:In the opinion of the Committee, the company should have an acceptable track record.

 

 




 

All About Sensex, Launch of BSE Sensex

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SENSEX - Scrip selection criteria

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What are the criteria for selection and review of scrips for the SENSEX?

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Book Building - Glossary

 

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