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BSE PSU Index
Bombay Stock Exchange Limited launched "BSE PSU Index" on 4 June 2001. This index consists of major Public Sector Undertakings listed on BSE. The BSE PSU Index is displayed on-line on the BOLT trading terminals nationwide.
Objective:
Index Specification:
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Base Year |
February 01, 1999 |
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Base Index Value |
1000 |
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Date of Launch |
June 04, 2001 |
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Method of calculation |
Full market capitalization method |
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Number of scrips |
All PSU stocks in BSE-500 index |
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Index constituents |
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Index calculation frequency |
Real Time |
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Index calculation and maintenance |
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Index Reach |
Click here for scrip-wise, sector wise market capitalization, weightage etc. |
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Market Capitalization and Turnover Coverage |
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Historical Values for |
Index, Price Earnings, Price to Book Value ratio and Dividend Yield % |
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Historical Replacements |
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Historical Notices |
Click here to search historical notices on index replacements |
The Base Date for the BSE PSU Index is 1st February 1999, the date when the BSE-500 was launched. Being a subset of BSE-500, the BSE PSU Index ensures a reasonable history of how the Central Government wealth fluctuated on the bourses. The Base Value for the BSE PSU Index has been set at 1000 to ensure adequacy in terms of daily index movement.
Scrip selection criteria for BSE PSU Index
For consideration of scrips for inclusion in BSE PSU index, Public Sector Undertaking refers to any undertaking wherein the Central Government holding is equal to or more than 51%. Since BSE PSU index is a subset of BSE-500 index, scrips that form part of BSE-500 index automatically get included in BSE PSU index.
Note:
If an existing constituent is traded under the ex-entitlement basis it will be excluded from all BSE Indices. This is done because during this period BSE is unable to ascertain the valuation of the constituent and valuation of a constituent is required for Index Calcualtion.
