The index supports ETFs and fund benchmarking, using float and momentum methodology with June and December reconstitutions.
BSE Index Services, a wholly owned subsidiary of BSE, India’s premier stock exchange, has launched the BSE All Derivative Stocks Index, a benchmark that tracks BSE 500 constituents eligible for derivatives trading. Constituents are weighted by the product of float-adjusted market capitalisation and a momentum score The firm said the gauge is rules-based and is intended to reflect shifts in India’s derivatives universe as underlying eligibility changes. Constituents are weighted