BSE changes methodology for indices
Leading stock exchange BSE today said rebalancing of the indices -- Sensex, BSE 100, BSE 200 and BSE 500 -- will depend on six months reference period from December onwards. Currently, rebalance in the indices are done on the basis of three months reference period. As per the new methodology, data collected for rebalance will be based on a six month reference period, BSE said in a circular.
The index is operated by Asia Index -- an equal venture between S&P Dow Jones Indices LLC and BSE. Besides, the exchange said that constituents of BSE 500 will be considered as the eligible universe for BSE 200. Currently, all common equities listed at BSE (excluding companies classified in Z group, suspended companies, companies objected by the surveillance department of the exchange and those that are traded under a permitted category and on the SME platform) are considered eligible.
Leading stock exchange BSE today said rebalancing of the indices -- Sensex, BSE 100, BSE 200 and BSE 500 -- will depend on six months reference period from December onwards. Currently, rebalance in the indices are done on the basis of three months reference period. As per the new methodology, data collected for rebalance will be based on a six month reference period, BSE said in a circular. 
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