BSE Stock Index Overview
The BSE stock index or the BSE Sensex is made up of 30 stocks. The BSE Stock Index is a value weighted index. It is also known as the Bombay Stock Exchange Sensitive Index. The stocks that are listed on the BSE Sensex are the most active stocks on the Bombay Stock Exchange.
The BSE Sensex has a base value of 100 set on 1st of April 1979. Its base year is 1978-79. The BSE Sensex is updated every now and then, by the relevant authorities. In the process of updating the BSE Sensex, the authorities inspect and change the Sensex. The basic idea behind this exercise is to guarantee the fact that the BSE Sensex represents the prevailing situation in the market.
BSE History
The term “BSE Sensex” is the shortened form of the Bombay Stock Exchange Sensitive Index. The term was introduced by noted financial analyst, and columnist, Deepak Mohoni in the year 1990.
BSE Performance
The BSE index has been increasing, more than ten times, from the month of June in 1990. As per the data available from April 1979, the long run rate of return on the BSE Sensex has been at almost 0.52% every week.
During the same time the rate of standard deviation has been almost 3.67%. The returns thus have been 27% per year. However after inflation, the figure has come down to 18% per year.
BSE Companies
Following is a complete list of the stocks that are listed on the Bombay Stock Exchange Sensitive Index:
- Wipro
- ACC
- ITC Limited
- Bajaj Auto
- Larsen & Toubro
- BHEL
- Maruti Udyog
- Bharti Airtel
- NTPC
- Cipla
- ONGC
- Dr. Reddy's Laboratories
- Ranbaxy Laboratories
- Grasim Industries
- Reliance Communications
- Gujarat Ambuja Cements
- Reliance Energy
- HDFC
- Reliance Industries
- HDFC Bank
- Satyam Computer Services
- Hero Honda Motors
- State Bank of India
- Hindalco Industries
- Tata Consultancy Services
- Hindustan Lever Limited
- Tata Motors
- ICICI Bank
- Tata Steel
- Infosys