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S&P BSE 500

37,147.34
-214.6 (-0.57%)
Price as of 04 Nov 2025 15:54. Log in to view Live prices

Live BSE 500 Chart

S&P BSE 500 Performance

Days Range

Low: 37,129.66
High: 37,386.08
Previous Close37361.96
Open37,373.53
52W Range37625.73 - 30571.61
P/E Ratio25.28

BSE 500 Stocks List

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BSE 500 Sectors

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Declined

What is S&P BSE 500

The Indian market has seen exponential growth since India opened its markets to the world in 1991. Certainly, the number of companies registered in the Indian Stock markets also increased during this period. As a result, the traditional indexes like Sensex and Nifty were not enough to get a holistic view of all the sectors of the market. 

Thus, the BSE 500 was launched as an extension to the existing BSE 200 index in August 1999. As the name suggests, the S&P BSE 500 consists of the top 500 stocks ranked based on average trading volumes and free-float market capitalization on the BSE. The top 500 stocks from the S&P BSE All Cap index are used to calculate this index.

The BSE 500 index reflects the market capitalization of these companies that are available for trading freely on the stock exchange. Unlike BSE 200 which mostly covers only the large-cap companies, BSE 500 includes companies that reflect more than 93% of the total market capitalization of the BSE.

Although the index was launched in August 1999, the calculation of the BSE 500 share price was changed to the free-float market cap method only in August 2005.

Due to the higher coverage, BSE 500 covers stocks from all the 20 major sectors. So, the movements in the S&P BSE 500 index, show the holistic view of the Indian Economy. By studying this comprehensive index, investors can get the overall outlook of the economy.

Organization
BSE 500
Exchange
BSE
Founded Year

How is S&P BSE 500 Calculated?

The BSE 500 stocks list includes the float-adjusted market capitalization of the top 500 companies listed on the BSE. But, what is the meaning of float-adjusted market capitalization? The free float of a company is that portion of the issued shares that can be freely traded in the market. Thus, it excludes shares held by employees, government, promoters, etc., which are not freely tradeable.

The constituents in the BSE 500 index are rebalanced twice every year in June and December. This means new shares are added or removed from the list based on certain conditions. Here are the basic criteria for a stock to be included in the BSE 500:

  • Companies Should be a part of the BSE All Cap index (for at least 6 months)
  • The companies should be traded on more than 80% of trading sessions on BSE over the last 6 months
  • The average traded value of the companies should be more than INR 1 Billion

Once the 500 companies are chosen, the next step is to calculate the free-float market capitalization. For this, the total market cap of each constituent is multiplied by the free-float factor.

For Ex: Company Z has floated 1 lakh shares in the market. Out of these, only 65% can be actively traded. Suppose the last traded price of the share is INR 1000, the value of S&P BSE 500 will be:

  • Market Capitalization x 0.65, i.e.
  • 1 lakh x INR 1000 x 0.65 = INR 6.5 Crores

After the free-float market cap of each company is calculated, the figures of all the 500 companies are added and adjusted with respect to the base value of the index. The base year* for BSE 500 is 1998-99, and the base value was considered at 1000. So, the formula becomes:

(* The base year was decided by calculating the coefficients of variation of the BSE 200 index since inception. The year in which the value was the lowest was considered the base year for BSE 500 index.)

BSE 500 Share Price = Free-Float Market Capitalization x 1000

                                 Base Market Capitalization (1998-99)

 

S&P BSE 500 FAQs

The top 500 stocks from the BSE All Cap index are selected based on free-float market capitalization and the average traded value to become a part of the BSE 500 index. The index is calculated in INR and USD.
You can invest in S&P BSE 500 by following these methods:
  1. You can buy all the stocks included in the index based on their weightage. It is almost impossible for individual traders to regularly track all the 500 stocks and manage their weightage in the portfolio.
  2. The better option is to opt for the BSE 500 index fund, which is a mutual fund that invests in all the constituents of the BSE 500 on your behalf.
The BSE 500 index portrays a proper picture of the Indian economy as it includes companies from all 20 sectors. Due to this, the constituents of the BSE 500 hold more than 93% of the entire market cap of the BSE. Thus, it provides a comprehensive view of the entire Indian market and is helpful in predicting future movements accurately.
Stock market investments always carry market risk. It is the risk of fluctuations in market prices. By diversifying your investments, you can easily beat market risk. The BSE 500 index constitutes the top 500 stocks from across 20 sectors. Hence, it is naturally diversified.  This reduces the market risk for investors. By investing in BSE 500, you can ensure that even if some sectors are not performing well, others can make up for the loss and help you earn higher returns.
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