Page 70 - DMGT512_FINANCIAL_INSTITUTIONS_AND_SERVICES

Unit 5: Securities and Exchange Board of India

Specification Notes
Base Year February, 1999
Base Index Value 1000
Date of Launch August, 1999

Method of calculation Launched on full market capitalization method and effective August
16, 2005, calculation method shifted to free-float market capitalization.
Number of scrips 500

Over the years, BSE shifted all its indices to the free-float methodology (except BSE-PSU index).

Sectoral Indices

BSE also constructs various sectoral indices "Sector Series (90/FF)" as detailed below. All these
indices are calculated and disseminated on BOLT, BSE's trading terminal on a real time basis.
"90/FF" implies that the index covers 90% of the sectoral market capitalization and is based on
the Free-Float methodology.
BSE Sector Series (90/FF) Indices

1. BSE Auto Index
2. BSE BANKEX
3. BSE Capital Goods Index
4. BSE Consumer Durables Index

5. BSE FMCG Index
6. BSE Healthcare Index
7. BSE IT Index
8. BSE Metal Index

9. BSE Oil & Gas Index
10. BSE Power Index
11. BSE Realty Index
Index Specification

Index Base Period Base Date of Method of Calculation
Index Launch
Value
BSE Auto 01 February, 1000 23 August, Free-float market capitalization
1999 2004
BSE 01 January, 1000 23 June, 2003 Free-float market capitalization
BANKEX 2002
BSE 01 February, 1000 09 August, Launched on full market
Capital 1999 1999 capitalization method and effective
Goods August 23, 2004, calculation method
shifted to free-float market
capitalization
BSE 01 February, 1000 09 August, Launched on full market
Consumer 1999 1999 capitalization method and effective Contd...
Durables August 23, 2004, calculation method
shifted to free-float market
capitalization
BSE 01 February, 1000 09 August, Launched on full market
FMCG 1999 1999 capitalization method and effective
LOVELY PROFESSIONAL UNIVERSITY 65
August 23, 2004, calculation method
shifted to free-float market
capitalization
BSE 01 February, 1000 09 August, Launched on full market
Healthcare 1999 1999 capitalization method and effective
August 23, 2004, calculation method
shifted to free-float market
capitalization
BSE IT 01 February, 1000 09 August, Launched on full market
1999 1999 capitalization method and effective
August 23, 2004, calculation method
shifted to free-float market
capitalization
BSE Metal 01 February, 1000 23 August, Free-float market capitalization
1999 2004
BSE Oil & 01 February, 1000 23 August, Free-float market capitalization
Gas 1999 2004
BSE 03 January, 1000 09 November, Free-float market capitalization
Power 2005 2007
Index
BSE Realty 2005 1000 09 July, 2007 Free-float market capitalization