BSE PSU Index is a stock index that tracks the
performance of the listed PSU stocks on the Exchange.
BSE PSU Index
BSE - Public Sector Undertaking (PSU) Index is a
stock index that tracks the performance of the listed PSU stocks on the
Exchange. It is a suitable benchmark for the Central Government to
monitor its wealth on the bourses. The index was launched by the Bombay
Stock Exchange on 4 June 2001 and is displayed on-line on BOLT trading
terminals throughout India. The base date for the BSE-PSU Index is 1st
February 1999 and the base value for the BSE PSU Index has been set at
1000 to ensure adequacy in terms of daily index movement.
Scrip Selection Criteria for BSE PSU Index
Those public sector undertakings are included in BSE PSU index in which
the Central Government has a holding of at least 51%. As BSE PSU index
is a subset of BSE-500 index, stocks that form part of BSE-500 index are
automatically included in BSE PSU index.
Stocks Constituting BSE PSU Index
- Andhra Bank
- Indian Overseas Bank
- Punjab National Bank
- Union Bank of India
- National Fertilizers Ltd.
- Canara Bank
- Allahabad Bank
- Bongaingaon Refinery & Petrochemical
- Fertilizers and Chemicals Tranvancore
- State Bank of Bikaner & Jaipur
- State Bank of Travancore
- State Trading Corporation of India
- Syndicate Bank
- Vijaya Bank
- MRPL
- Madras Fertilizers Ltd.
- UCO Bank
- Bank of Maharashtra
- Balmer Lawrie & Co. Ltd.
- State Bank Of Mysore
- National Thermal Power Corporation Ltd.
- Jammu & Kashmir Bank Ltd.
- PNB Gilts Ltd.
- MMTC Ltd.
- Indian Bank
- Power Finance Corporation Ltd.
- Central Bank of India
- Engineers India Ltd.
- MMTC Ltd.
- Power Grid Corporation of India Ltd.
- NMDC Ltd.
- Hindustan Copper Ltd.
- Rural Electrification Corporation Ltd.
- State Trading Corporation of India
- Hindustan Copper Ltd.
