The equity shares of 200 selected companies from the specified and non-specified lists of this Exchange have been considered for inclusion in the sample for `BSE-200'. The companies have been selected on the basis of current market capitalization of the listed scrips on the exchange, the market activity as reflected by the volumes of turnover of the companies, and certain fundamental factors.
Scrip Selection Criteria for BSE 200 Index
Trading Frequency: The scrip should have been traded for at least 90% of the trading days in the last three months. There can be exceptions in case of extreme reasons like scrip suspension etc.
Final Rank: The scrip should rank among the top 350 companies listed by final rank. For the purpose of calculation of final rank, 75% weightage is assigned to the rank obtained on the basis of three-month average full market capitalization and 25% weightage to the liquidity rank based on three-month average daily turnover & three-month average impact cost.
Industry/Sector Representation: Scrip is generally selected taking into account a balanced sectoral representation of the listed companies in the BSE.
Track Record: The company should have an acceptable track record