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The oldest stock exchange in Asia (established in 1875) and the first in the country to be granted permanent recognition

under the Securities Contract Regulation Act, 1956, Bombay Stock Exchange Limited (BSE) has had an interesting rise to prominence over the past 133 years. While BSE is now synonymous with Dalal Street, it was not always so. The first venues of the earliest stock broker meetings in the 1850s were in rather natural environs - under banyan trees - in front of the Town Hall, where Horniman Circle is now situated. A decade later, the brokers moved their venue to another set of foliage, this time under banyan trees at the junction of Meadows Street and what is now called Mahatma Gandhi Road. As the number of brokers increased, they had to shift from place to place, but they always overflowed to the streets. At last, in 1874, the brokers found a permanent place, and one that they could, quite literally, call their own. The new place was, aptly, called Dalal Street ( Brokers' Street). In 2002, the name "The Stock Exchange, Mumbai" was changed to Bombay Stock Exchange. Subsequently on August 19, 2005, the exchange turned into a corporate entity from an Association of Persons (AoP) and renamed as Bombay Stock Exchange Limited. BSE, which had introduced securities trading in India, replaced its open outcry system of trading in 1995, with the totally automated trading through the BSE Online trading (BOLT) system. The BOLT network was expanded nationwide in 1997. Prominent Position The journey of BSE is as eventful and interesting as the history of India's securities market. In fact, as India's biggest bourse, in terms of listed companies and market capitalisation, BSE has played a pioneering role in the development of the Indian securities market. It is surely BSE's pride that almost every leading corporate in India has sourced BSE's services in capital raising and is listed with BSE. Even in terms of an orderly growth, much before the actual legislations were enacted, BSE had formulated a comprehensive set of Rules and Regulations for the securities market.. It had also laid down best practices which were adopted subsequently by 23 stock exchanges which were set up after India gained its independence. BSE, as a brand, has been and is synonymous with the capital market in India. Its SENSEX is the benchmark equity index that reflects the health of the Indian economy. Several Firsts At par with the international standards, BSE has in fact been a pioneer in several areas. It has several firsts to its credit even in an intensely competitive environment. First in India to introduce Equity Derivatives First in India to launch a Free Float Index First in India to launch US$ version of BSE SENSEX First in India to launch Exchange Enabled Internet Trading Platform First in India to obtain ISO certification for a stock exchange 'BSE On-Line Trading System (BOLT) has been awarded the globally recognised the Information Security Management System standard BS7799-2:2002. First to have an exclusive facility for financial training First in India in the financial services sector to launch its website in Hindi and Gujarati Shifted from Open Outcry to Electronic Trading within just 50 days First bell-ringing ceremony in the history of the Indian capital markets (listing ceremony of Bharti Televentures Ltd.on February 18,2002) Investor Education

An equally important accomplishment of BSE is its nationwide investor awareness campaign - "Safe Investing in the Stock Market" - under which awareness campaigns and dissemination of information through print and electronic medium is undertaken across the country. BSE also actively promotes the securities market awareness campaign of the Securities and Exchange Board of India..

Vision
"Emerge as the premier Indian stock exchange by establishing global benchmarks"

Logo

The Stock Exchange, Mumbai is now Bombay Stock Exchange Limited (BSE)... a new name, and an entirely new perspective... a perspective born out of corporatisation and demutualisation. As a corporate entity, our new logo reflects our new mission... smoother, seamless, and efficient, whichever way you look at it. BSE is Asia's oldest stock exchange...carrying the depth of knowledge of capital markets acquired since its inception in 1875. Located in Mumbai, the financial capital of India, BSE has been the backbone of the country's capital markets

Board of Directors
Non-Executive Chairman

Mr. S. Ramadorai
Public Interest Director

Vice Chairman Tata Consultancy Services Ltd Managing Director & Chief Executive Officer

Mr.Madhu Kannan Public Interest Director

Mr. S. N. Menon - IAS (Retd.) Chairman Nicco Parks & Resorts Ltd

Dr. Sanjiv Misra - IAS (Retd.)

Shareholder Directors

Mr. Sudipto Sarkar Senior Advocate Kolkata High Court

Mr. Andreas Preuss Deputy CEO Deutsche Borse AG Trading Member Directors

Mr. Keki M. Mistry Vice-Chairman & CEO HDFC Limited

Mr. Uttam Bagri Designated Director BCB Brokerage Private Limited

Mr. Balkishan Mohta

Ms. Deena A. Mehta Designated Director Asit C. Mehta Investment Interrmediates Ltd.

Timing

Trading on the BOLT System is conducted from Monday to Friday between 9:00 a.m. and 3:30 p.m. normally. Groups The scrips traded on BSE have been classified into various groups.

BSE has, for the guidance and benefit of the investors, classified the scrips in the Equity Segment into 'A', B,'T', S', T 'Z' groups on certain qualitative and quantitative parameters. The "F" Group represents the Fixed Income Securities. The "T" Group represents scrips which are settled on a trade-to-trade basis as a surveillance measure. The "S" Group represents scrips forming part of the "BSE-Indonext" segment. The "TS" Group consists of scrips in the "BSE-Indonext" segment, which are settled on a trade-to- trade basis as a surveillance measure. Trading in Government Securities by the retail investors is done under the "G" group.

The 'Z' group was introduced by BSE in July 1999 and includes companies which have failed to comply with its listing requirements and/or have failed to resolve investor complaints and/or have not made the required arrangements with b depositories, viz., Central Depository Services (I) Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) for dematerialization of their securities.

BSE also provides a facility to the market participants for on-line trading of odd-lot securities in physical form in 'A', 'B', ' 'TS' and 'Z' groups and in rights renunciations in all groups of scrips in the Equity Segment.

With effect from December 31, 2001, trading in all securities listed in the Equity segment takes place in one market seg viz., Compulsory Rolling Settlement Segment (CRS).

The scrips of companies which are in demat can be traded in market lot of 1. However, the securities of companies whi still in the physical form are traded in the market lot of generally either 50 or 100. Investors having quantities of securitie than the market lot are required to sell them as "Odd Lots". This facility offers an exit route to investors to dispose of the lots of securities, and also provides them an opportunity to consolidate their securities into market lots.

This facility of selling physical shares in compulsory demat scrips is called an Exit Route Scheme. This facility can also used by small investors for selling up to 500 shares in physical form in respect of scrips of companies where trades are required to be compulsorily settled by all investors in demat mode.

Listed Securities

The securities of companies, which have signed the Listing Agreement with BSE, are traded as "Listed Securities". Alm scrips traded in the Equity segment fall in this category Computation Of Closing Price Of Scrips The closing price of scrips is computed by BSE on the basis of weighted average price of all trades executed during the last 30 minutes of a continuous trading session. However, if there is no trade recorded during the last 30 minutes, then the last traded price of scrip in the continuous trading session is taken as the official closing price. Compulsory Rolling Settlement Segment (CRS). The following table summarizes the steps in the trading and settlement cycle for scrips under CRS :

DAY T

ACTIVITY Trading on BOLT and daily downloading of statements showing


details of transactions and margins at the end of each trading day. Downloading of provisional securities and funds obligation statements by member-brokers. 6A/7A* entry by the member-brokers/ confirmation by the custodians. T+1

Confirmation of 6A/7A data by the Custodians upto 1:00 p.m. Pay-in of funds and securities by 11:00 a.m. and pay-out of

Downloading of final securities and funds obligation statements by members funds and securities by 1:30 p.m. The member-brokers are required to submit the pay-in instructions for funds and securities to banks and depositories respectively by 10: 30 a.m.

T+2

T+3 T+4
Penalty Norms

Auction on BOLT at 11.00 a.m. Auction pay-in and pay-out of funds and securities by 12:00
noon and 1:30 p.m. respectively.

For Settlement (Pay-in) Defaults Revised norms as per Exchange Notice No.20091211-20 for imposing late fees/fines/penalties on member brokers in case of delay/non-clearance of settlement obligations in the Cash Segment w.e.f. Monday, December 14, 2009.

Violation/s
Non-fulfillment of funds obligation (viz. Normal pay-in, securities shortage pay-in and auction pay-in) and failure to deposit additional capital towards capital cushion requirement as per SEBI norms within stipulated time.

Shortage amount
a) If the shortage amount is more than the Base Minimum Capital (at present Rs.10 lakhs) : b) If the funds shortage is less than the Base Minimum Capital (at present Rs.10 lakhs) :

Late fees/fines/penalty
a) - 1% of such shortage amount, and - additional 0.07% per day of the shortage amount. - Also, the trading facility of such member shall be withdrawn and the securities pay-out shall be withheld. b) - 1% of such shortage amount, and - additional 0.07% per day of the shortage amount. - In cases where the shortage amount exceeds 20% of the BMC but less than the BMC on 6 occasions within a period of three months, then also the trading facility of the member shall be withdrawn* and the securities pay-out due to the member shall be withheld. (*In case the member's trading facility has been withdrawn on account of (b) above, then upon recovery of the complete shortages, the member shall be permitted to trade, subject to such members providing a deposit equivalent to his cumulative funds shortage amount as the 'funds shortage collateral'. Such deposit shall be kept with the Exchange for a period of ten rolling settlements and shall be released thereafter. Such deposit shall not be available against margin liabilities and also such deposit will not earn any interest. Such deposit may be by way of cash,

fixed deposit receipts of banks and/or bank guarantee.)

INDICES AT BSE SENSEXIntroduction


SENSEX, first compiled in 1986, was calculated on a "Market Capitalization-Weighted" methodology of 30 component stocks representing large, well-established and financially sound companies across key sectors. The base year of SENSEX was taken as 1978-79. SENSEX today is widely reported in both domestic and international markets through print as well as electronic media. It is scientifically designed and is based on globally accepted construction and review methodology. Since September 1, 2003, SENSEX is being calculated on a free-float market capitalization methodology. The "freefloat market capitalization-weighted" methodology is a widely followed index construction methodology on which majority of global equity indices are based; all major index providers like MSCI, FTSE, STOXX, S&P and Dow Jones use the free-float methodology. The growth of the equity market in India has been phenomenal in the present decade. Right from early nineties, the stock market witnessed heightened activity in terms of various bull and bear runs. In the late nineties, the Indian market witnessed a huge frenzy in the 'TMT' sectors. More recently, real estate caught the fancy of the investors. SENSEX has captured all these happenings in the most judicious manner. One can identify the booms and busts of the Indian equity market through SENSEX. As the oldest index in the country, it provides the time series data over a fairly long period of time (from 1979 onwards). Small wonder, the SENSEX has become one of the most prominent brands in the country. Index Specification:

Base Year Base Index Value Date of Launch

1978-79 100 01-01-1986

Method of calculation Launched on full market capitalization method and effective September 01, 2003, calculation method shifted to free-float market capitalization. Number of scrips Index Constituents Index calculation frequency Index calculation and Maintenance Index Reach 30 Click here for list of constituents Real Time Click here for Index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc.

Market Capitalization Click here for market capitalization and turnover coverage and Turnover Coverage Historical Values of Index Historical Notices Historical Replacements Index, Price Earnings, Price to Book Value ratio and Dividend Yield % Click to search Historical Notices on Index Replacements Click here for historical replacements

BSE-100 INDEX
Introduction A broad-based index, the BSE-100 was formerly known as the BSE National index. This Index has 1983-84 as the base year and was launched in 1989. In line with the shift of the BSE Indices to the globally accepted Free-Float methodology, BSE-100 was shifted to Free-Float methodology effective from April 5, 2004. The method of computation of Free-Float index and determination of free-float factors is similar to the methodology for SENSEX. Index Specification Base Year Base Index Value Date of Launch Method of calculation Number of scrips Index Constituents Index calculation frequency 1983-84 100 January 03, 1989 Launched on full market capitalization method and effective April 05, 2004, calculation method shifted to free-float market capitalization. 100 Click here for list of constituents Real Time

Index calculation and Click here for Index Calculation and Maintenance Maintenance Index Reach Click here for scrip-wise, sector wise market capitalization, weightage etc. Market Capitalization Click here for market capitalization and turnover coverage and Turnover Coverage Historical Values of Index Historical Replacements Historical Notices Index, Price Earnings, Price to Book Value ratio and Dividend Yield % Click here for history of replacements Click to search Historical Notices on Index Replacements

BSE-200 INDEX
Over the years, the number of companies listed on BSE continued to register a phenomenal increase; from 992 in to over 3,200 companies by March 1994, with combined market capitalization rising from Rs.5,421 crore to Rs. 3,98,432 crore as on 31st March, 1994. Though SENSEX (1978-79=100) was serving the purpose of quantifying the price movements as also reflecting the sensitivity of the market in an effective manner, the rapid growth of the market necessitated compilation of a new broad-based index series reflecting the market trends in a more effective manner and providing a better representation of the increased equity stocks, market capitalization as also to the new industry groups. As such, BSE launched on 27th May 1994, two new index series-BSE-200 and Dollex-200. The equity shares of 200 selected companies from the specified and non-specified lists of BSE were considered for inclusion in the sample for `BSE-200'. The selection of companies was primarily been done on the basis of current market capitalization of the listed scrips. Moreover, the market activity of

the companies as reflected by the volumes of turnover and certain fundamental factors were considered for the final selection of the 200 companies. Index Specification:

Base Year Base Index Value Date of Launch Method of calculation Number of scrips Index Constituents Index calculation frequency Index calculation and Maintenance Index Reach Market Capitalization and Turnover Coverage Historical Values of Index Historical Replacements Historical Notices

1989-90 100 May 27, 1994 Launched on full market capitalization method and effective August 16, 2005, calculation method shifted to free-float market capitalization. 200 Click here for List of Constituents Real Time Click here for Index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc. Click here for market capitalization and turnover coverage Index, Price Earnings, Price to Book Value ratio and Dividend Yield % Click here for history of replacements Click to search Historical Notices on Index Replacements

DOLLEX SERIES OF BSE INDICES

All BSE indices reflects the growth in market value of constituent stocks over the base period in Rupee terms. A need w design a yardstick by which these growth values are also measured in Dollar terms. Such an index would reflect, in on the changes in both the stock prices and the foreign exchange variation.

This was facilitated by the introduction of a dollar-linked index in which the formula for calculation of index is suitably m express the current and base market values in dollar terms. The scope for dollar-linked index emerged from the backg Indian equity markets increasingly getting integrated with global capital markets and the need to assess the market mo in terms of international benchmarks. The dollar-linked indices are useful to overseas investors, as it helps them meas 'real returns' after providing for exchange rate fluctuations.

Dollex-30, a dollar-linked version of SENSEX, was launched on July 25, 2001 whereas Dollex-200, a dollar-linked ve BSE-200 was launched on May 27, 1994. These indices were initially calculated at the end of the trading session by ta consideration day's rupee/ US$ reference rate as announced by India 's Central Bank i.e. Reserve Bank of Indi BSE introduced Dollex-100, a dollar linked version of BSE-100, on May 22, 2006.

Dollex-30, Dollex-100 and Dollex-200 are calculated and displayed through BSE On-line trading terminals (BOLT) by t account real-time Re./US$ Exchange rate. The formula for calculating the index is: Dollex = Index Value (In local currency) * Base rupee-US$ rate

Current rupee-US$ rate

BSE-500 INDEX
Bombay Stock Exchange Limited constructed a new index, christened BSE-500, consisting of 500 scrips w.e.f. August 9, 1999. The changing pattern of the economy and that of the market were kept in mind while constructing this index. BSE-500 index represents nearly 93% of the total market capitalization on BSE. BSE-500 covers all 20 major industries of the economy. In line with other BSE indices, effective August 16, 2005 calculation methodology was shifted to the free-float methodology. Index Specification: Base Year Base Index Value Date of Launch Method of calculation Number of scrips Index Constituents Index calculation frequency Index Calculation and maintenance Index Reach 1,February,1999 1000 9,August,1999 Launched on full market capitalization method and effective August 16, 2005, calculation method shifted to free-float market capitalization. 500 Click here for list of constituents Real Time Click here for index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc.

Market capitalization Click here for market capitalization and turnover coverage and Turnover Coverage Historical Values for Index, Price Earnings, Price to Book Value ratio and Dividend Yield % BSE-500 & Sectoral Indices Historical Replacements Historical Notices Click here for history of replacements Click here to search historical notices on Index Replacements

BSE IPO INDEX


Introduction BSE introduced the new index series - BSE IPO index to track the current primary market conditions in the Indian capital market and measure the growth in investors wealth within a period of two years after listing of a company subsequent to successful completion of initial public offering (IPO). Robust growth of the Indian economy, 6.7% in 2008-09, and the expectation of higher growth in the future are expected to boost the primary market. For this and other reasons, it was an appropriate time to introduce to the market an indicator that will track primary market conditions in the Indian capital market. BSE on August 24, 2009 announced the launch of BSE IPO index to track the value of companies for two years after listing subsequent to successful completion of their initial public offering (IPO).

BSE continued to introduce index innovations with the launch of the IPO index, by introducing ceiling (capping) on weightings of index constituents. Market capitalisation weightings of index constituents is limited to 20%. If a constituents market capitalization results in a higher weighting, the companys weight is suitably adjusted to ensure that all constituents are restricted to 20% in the index. However, between any rebalancing, weightage of any index constituent can exceed 20%. Index Specification: Base Date Base Index Value Date of Launch Method of calculation Number of scrips Index Constituents Index calculation frequency Index calculation and Maintenance Index Reach Market Capitalization and Turnover Coverage Historical Values of Index Historical Notices Historical Replacements May 3, 2004 1000 August 24, 2009 Free-float market capitalization Variable Click here for list of constituents Real Time Click here for Index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc. Click here for market capitalization and turnover coverage Click here for historical index values Click here to search Historical Notices on Index Replacements Click here for historical replacements

BSE SHARIAH 50
Introduction The decade of 1990s saw the emergence of the TMT sector as a major force in the Indian economy. The remarkable growth of this sector was reflected in the financial markets. Going by the trading pattern, around 19% of the turnover on the stock exchanges is taking place in TMT sector stocks. These stocks collectively account for 15% of the total market capitalization. The investment interest in technology stocks continues unabated. Recognizing the growing importance of the TMT sector, BSE TECk index was launched in 2001. Index Specification: Base Year Base Index Value Date of Launch Method of calculation Number of scrips April 02, 2001 1000 July 11, 2001 Free-float market capitalization method Variable as it aims to represent minimum 90% market capitalization from the universe of BSE500 index Real Time

Index constituents Click here for list of constituents Index calculation frequency

Index calculation and maintenance Index Reach

Click here for index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc.

Market Click here for market capitalization and turnover coverage Capitalization and Turnover Coverage Historical Values of Index Historical Replacements Historical Notices Index, Price Earnings, Price to Book Value ratio and Dividend Yield %

Click here for history of replacements Click here to search historical notices on index replacements

BSE TECk INDEX


Introduction The decade of 1990s saw the emergence of the TMT sector as a major force in the Indian economy. The remarkable growth of this sector was reflected in the financial markets. Going by the trading pattern, around 19% of the turnover on the stock exchanges is taking place in TMT sector stocks. These stocks collectively account for 15% of the total market capitalization. The investment interest in technology stocks continues unabated. Recognizing the growing importance of the TMT sector, BSE TECk index was launched in 2001. Index Specification: Base Year Base Index Value Date of Launch Method of calculation Number of scrips April 02, 2001 1000 July 11, 2001 Free-float market capitalization method Variable as it aims to represent minimum 90% market capitalization from the universe of BSE500 index Real Time Click here for index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc.

Index constituents Click here for list of constituents Index calculation frequency Index calculation and maintenance Index Reach

Market Click here for market capitalization and turnover coverage Capitalization and Turnover Coverage Historical Values of Index Historical Replacements Historical Notices Index, Price Earnings, Price to Book Value ratio and Dividend Yield %

Click here for history of replacements Click here to search historical notices on index replacements

BSE PSU INDEX


Bombay Stock Exchange Limited launched "BSE PSU Index" on 4 June 2001. This index consists of major Public Sector Undertakings listed on BSE. The BSE PSU Index is displayed on-line on the BOLT trading terminals nationwide. Objective: a. An Index to track the performance of listed equity of PSU companies b. A suitable benchmark for the Central Government to monitor its wealth on the bourses. Index Specification: Base Year Base Index Value Date of Launch Method of calculation Number of scrips Index constituents Index calculation frequency Index calculation and maintenance Index Reach

February 01, 1999 1000 June 04, 2001 Full market capitalization method All PSU stocks in BSE-500 index Click here for list of constituents Real Time Click here for index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc.

Market Capitalization and Click here for market capitalization and turnover coverage Turnover Coverage Historical Values for PSU Historical Notices Index, Price Earnings, Price to Book Value ratio and Dividend Yield %

Historical Replacements Click here for history of replacements Click here to search historical notices on index replacements

The Base Date for the BSE PSU Index is 1st February 1999, the date when the BSE-500 was launched. Being a subset of BSE-500, the BSE PSU Index ensures a reasonable history of how the Central Government wealth fluctuated on the bourses. The Base Value for the BSE PSU Index has been set at 1000 to ensure adequacy in terms of daily index movement.

BSE MID-CAP AND BSE SMALL CAP INDEX


BSE introduced the new index series called 'BSE MID-Cap' index and 'BSE Small-Cap' index to track the performance of companies with relatively smaller market capitalization. BSE-500 Index - represents more than 93% of the listed universe. Companies with large market capitalization bias the movement of BSE-500 index. This necessitated construction of a separate indicator to capture the trend in companies with lower market capitalization. Over the years, BSE MidCap and BSE Small-Cap indices have proven to be a great utility to the investing community. Index Specification : Base Year 2002-03

Base Index Value Date of Launch Method of calculation Number of scrips Index Constituents Index calculation frequency Index Calculation and maintenance Index Reach Market capitalization and Turnover Coverage Historical Values of the Indices Historical Replacements Historical Notices

1000 April 11,2005 Free-float market capitalization method. Variable Click here for list of constituents Real Time Click here for index calculation and maintenance Click here for scrip-wise, sector wise market capitalization, weightage etc. of BSE Mid-cap and BSE Small-cap Click here for market capitalization and turnover coverage

Index, Price Earnings, Price to Book Value ratio and Dividend Yield % Click here for history of replacements Click here to search historical notices on Index Replacements

SECTORAL INDICES
BSE Auto Index BSE BANKEX BSE Capital Goods Index BSE Consumer Durables Index BSE FMCG Index BSE Healthcare Index BSE IT Index BSE Metal Index BSE Oil & Gas Index BSE Power Index BSE Realty Index Index Specification: Base Index Value 1000 1000 1000

Index BSE Auto BSE BANKEX BSE Capital Goods

Base Period 01 February, 1999 01 January, 2002 01 February, 1999

Date of Launch

Method of Calculation

23 August, 2004 Free-float market capitalization 23 June, 2003 Free-float market capitalization

09 August, 1999 Launched on full market capitalization method and effective August 23, 2004, calculation method shifted to free-float market capitalization 09 Augus, 1999 Launched on full market capitalization method and effective August 23, 2004, calculation method shifted to free-float market capitalization

BSE Consumer Durables

01 February, 1999

1000

BSE FMCG

01 February, 1999

1000

09 August, 1999 Launched on full market capitalization method and effective August 23, 2004, calculation method shifted to free-float market capitalization 09 August, 1999 Launched on full market capitalization method and effective August 23, 2004, calculation method shifted to free-float market capitalization 09 August, 1999 Launched on full market capitalization method and effective August 23, 2004, calculation method shifted to free-float market capitalization 23 August, 2004 Free-float market capitalization 23 August, 2004 Free-float market capitalization 09 November, 2007 09 July, 2007 Free-float market capitalization Free-float market capitalization

BSE Healthcare

01 February, 1999

1000

BSE IT

01 February, 1999

1000

BSE Metal BSE Oil & Gas BSE Power Index BSE Realty

01 February, 1999 01 February, 1999 03 January, 2005 2005

1000 1000 1000 1000

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