BSE Sensex
| BSE Sensex | |
|---|---|
| base data | |
| Country | India |
| Stock exchange | Bombay Stock Exchange |
| ISIN | XC0009698199 |
| WKN | 969819 |
| symbol | BSESN |
| RIC | ^ BSESN |
| Bloomberg code | SENSEX <INDEX> |
| category | Stock index |
| Type | Price index |
| family | BSE indices |
The BSE Sensex (Bombay Stock Exchange Sensitivity Index) is the best known and most important stock index on the Bombay Stock Exchange (BSE) in India . It lists the 30 largest companies traded on the Mumbai Stock Exchange .
composition
The following 30 companies are listed in the BSE Sensex (as of May 29, 2016).
| Companies | Branch | weighting |
|---|---|---|
| Adani Ports | Infrastructure | |
| Asian Paints | Colours | |
| Axis Bank | Bank | |
| Bajaj car | car industry | |
| Bharti Airtel | telecommunications | |
| BHEL | Infrastructure | |
| Cipla | Pharmaceutical industry | |
| Coal India | Mining | |
| Dr. Reddy's Laboratories | Pharmaceutical industry | |
| GAIL | Oil industry | |
| Housing Development Finance Corporation | Banking | |
| HDFC Bank | Banking | |
| Hero MotoCorp | motorcycles | |
| Hindustan Unilever | Consumer goods | |
| ICICI Bank | Banking | |
| Infosys | software | |
| ITC | Cigarettes | |
| Larsen & Toubro | construction | |
| Lupine | Pharmaceutical industry | |
| Mahindra & Mahindra | Automobile manufacturing | |
| Maruti Suzuki | Automobile manufacturing | |
| National Thermal Power | power supply | |
| Oil and Natural Gas Corporation | oil | |
| Reliance Industries | oil | |
| State Bank of India | Banking | |
| Sun Pharmaceutical | Pharmaceutical industry | |
| Tata Motors | Automobile manufacturing | |
| Tata Steel | steel | |
| Tata Consultancy Services | Consulting company | |
| Wipro Technologies | Information technology |
calculation
The BSE Sensex is the most important stock index on the Bombay Stock Exchange (BSE). The abbreviation “Sensex” for the financial index comes from Deepak Mohoni in 1990, when he wrote analyzes in business newspapers and magazines. The index comprises 30 companies, which represent around 40 percent of the total market capitalization of the Mumbai stock exchange and the most important sectors of the Indian economy. For a long time, weighting was only based on market capitalization. Since September 1, 2003, the free float has also been included in the calculation.
Technically speaking, the index is a price index that is weighted according to market capitalization (on a free float basis). The index is therefore not adjusted for dividend payments . Corporate actions such as stock splits have no (distorting) influence on the index. The composition of the index is reviewed every three months. The Sensex is updated every second during trading hours from 9:55 a.m. to 3:30 p.m. local time (5:25 a.m. to 11:00 a.m. CET ).
history
Historical overview
The BSE Sensex was first published on January 1, 1986 and was calculated back to April 1, 1979 (base value: 100 points). On March 6, 1986, the index suffered the highest daily loss in its history at 13.27 percent. Milestones in the development were July 25, 1990, when the Sensex closed above the 1,000-point mark for the first time at 1,007.97 points, and October 11, 1999, when the index started trading above the limit of 5031.78 points Finished 5,000 points. By February 11, 2000 it rose to a high of 5,933.56 points.
After the speculative bubble burst in the technology sector ( dot-com bubble ), the Sensex fell to a low of 2,834.41 points by October 28, 2002. That was a decrease of 52.2 percent since February 2000. October 28, 2002 marked the end of the downward trend. The economic boom in India caused the index to rise rapidly over the next five years. On February 7, 2006 the Sensex closed with 10,082.28 points for the first time above the limit of 10,000 points and on December 11, 2007 with 20,290.89 points also above the mark of 20,000 points. By January 8, 2008, the BSE Sensex rose to a high of 20,873.33 points. That was an increase of 636.4 percent since October 2002.
In the course of the international financial crisis , which had its origin in the US real estate crisis in the summer of 2007, the index began to decline again. On March 17, 2008 it closed with 14,809.49 points below the 15,000 point mark and on October 17, 2008 with 9,975.35 points below the limit of 10,000 points. The Sensex hit a new low on March 9, 2009 when it ended trading at 8,160.40 points. This corresponds to a decrease of 60.9 percent since January 8, 2008.
On May 18, 2009 the Sensex achieved the highest daily profit in its history with 17.34 percent. It was a reaction of investors to the victory of the Congress Party in the Indian general election, 2009 . Within seconds of the opening of the Mumbai stock exchange, the index rose by 10.73 percent, above the 10 percent mark. Trading was then suspended for two hours. After the resumption of trading, all trades were suspended for the entire day when the index climbed 17.34 percent again over the 10 percent mark within a few seconds. It was the first time that the Indian stock exchange had to close for an entire day due to a sharp rise in prices.
Since spring 2009, the BSE Sensex was on the way up again. On November 5, 2010, it marked an all-time high with a closing score of 21,004.96 points. This corresponds to an increase of 157.4 percent since March 9, 2009. The euro crisis from 2010 and the slowdown in the global economy from 2011 led to a slump in the Indian benchmark index. On December 20, 2011, the BSE Sensex finished trading at 15,175.08 points. The loss since the peak on November 5, 2010 is 27.8 percent.
The announcement of new bond purchase programs by the European Central Bank and the US Federal Reserve , which are basically unlimited, led to a recovery in prices on the stock market. The monetary stimulus played a bigger role in the price formation than the global economic slowdown and the state of the companies. On January 4, 2013, the index closed at 19,784.08 points, 30.4 percent higher than on December 20, 2011.
Annual development
The table shows the annual development of the BSE Sensex calculated back to 1979.
| year | Final score in points |
Change in points |
Change in% |
|---|---|---|---|
| 1979 | 118.76 | ||
| 1980 | 148.25 | 29.49 | 24.83 |
| 1981 | 227.72 | 79.49 | 53.62 |
| 1982 | 235.83 | 8.11 | 3.56 |
| 1983 | 252.92 | 17.09 | 7.25 |
| 1984 | 271.87 | 18.95 | 7.49 |
| 1985 | 527.36 | 255.49 | 93.98 |
| 1986 | 524.45 | −2.91 | −0.55 |
| 1987 | 442.17 | −82.28 | −15.69 |
| 1988 | 666.26 | 224.09 | 50.68 |
| 1989 | 778.64 | 112.38 | 16.87 |
| 1990 | 1,048.25 | 269.61 | 34.63 |
| 1991 | 1,908.85 | 860.60 | 82.10 |
| 1992 | 2,615.37 | 706.52 | 37.01 |
| 1993 | 3,346.06 | 730.69 | 27.94 |
| 1994 | 3,926.90 | 580.84 | 17.36 |
| 1995 | 3,110.49 | −816.41 | −20.79 |
| 1996 | 3,085.20 | −25.29 | −0.81 |
| 1997 | 3,658.98 | 573.78 | 18.60 |
| 1998 | 3,055.41 | −603.57 | −16.50 |
| 1999 | 5,005.82 | 1,950.41 | 63.83 |
| 2000 | 3,972.12 | −1,033.70 | −20.65 |
| 2001 | 3,262.33 | -709.79 | −17.87 |
| 2002 | 3,377.28 | 114.95 | 3.52 |
| 2003 | 5,838.96 | 2,461.68 | 72.89 |
| 2004 | 6,602.69 | 763.73 | 13.08 |
| 2005 | 9,397.93 | 2,795.24 | 42.33 |
| 2006 | 13,786.91 | 4,388.98 | 46.70 |
| 2007 | 20,286.99 | 6,500.08 | 47.15 |
| 2008 | 9,647.31 | −10,639.68 | −52.45 |
| 2009 | 17,464.81 | 7,817.50 | 81.03 |
| 2010 | 20,509.09 | 3,044.28 | 17.43 |
| 2011 | 15,454.92 | −5,054.17 | −24.64 |
| 2012 | 19,426.71 | 3,971.79 | 25.70 |
| 2013 | 21,170.68 | 1,743.97 | 8.98 |
| 2014 | 27,499.42 | 6,328.74 | 29.89 |
| 2015 | 26,117.54 | −1,381.88 | −5.03 |
| 2016 | 26,626.46 | 508.92 | 1.95 |
| 2017 | 34,056.83 | 7,430.37 | 27.91 |
| 2018 | 36,068.33 | 2,011.50 | 5.91 |
| 2019 | 41,253.74 | 5,185.41 | 14.38 |
Web links
Individual evidence
- ↑ BSE Sensex Index Composition , accessed May 29, 2016
- ↑ Bombay Stock Exchange: SENSEX - The Barometer of Indian Capital Markets ( Memento of June 8, 2007 in the Internet Archive )
- ^ The Hindu: Sensex creates history, vaults 2111 points , May 19, 2009
- ^ UNFCCC: Historical Prices 1983-2008
- ↑ Stooq: Historical prices from 1979
- ↑ Yahoo: Historical prices from 1997
- ↑ Stockleela Trading School: Data of BSE Sensex, 1979–2001 ( Memento of the original from September 5, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ 1Stock1: BSE Sensex (India) Yearly Returns
