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.