S&P BSE Sensex 50 Index Launched

2019 ias preliminary exam test series

Asia Index launched the S&P BSE Sensex 50 Index to measure the performance of the 50 largest BSE-listed companies.

The Index is designed to measure the performance of the 50 largest and liquid companies listed at BSE Ltd.

The index covers approximately 54 per cent of total market capitalisation of BSE-listed companies.

Index constituents are selected from S&P BSE Large MidCap Index and are weighted based on their float-adjusted market capitalisation.

The Index is calculated in INR and USD for both price returns as well as total returns versions.

The index is diversified as it represents each key economic sector identified by BSE’s sector model.

Asia Index is a joint venture between BSE and S&P Dow Jones Indices. Alka Banerjee is CEO of Asia Index.

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