Asia Index launched the BSE Select IPO index to track newly listed stocks on the BSE.
Asia Index, a BSE subsidiary, launched the BSE Select IPO index to track newly listed stocks on the BSE through IPOs, spin-offs, or demergers. Inclusion criteria include full market capitalization, liquidity, and a minimum three-month listing history. Stocks' weights are capped at 5%, with quarterly reconstitution. The index, starting at 1000 on May 30, 2014, aids passive strategies like ETFs, benchmarking PMS and MF schemes, and offers insights into new company performance across sectors.
2 months ago
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