S&P BSE Consumer Durables Live Chart

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S&P BSE Consumer Durables Performance

Days Range

Low: 58,873.13
High: 59,408.83
Previous Close58,680.03
Open58,933.26
52W Range41,642.93 - 58,738.97
P/E Ratio101.5

S&P BSE Consumer Durables Companies

Company
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Aditya Bir. Fas.

₹328.90

1.70 (0.52%)

₹326.30 - ₹332.75

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Blue Star

₹1,746.90

58.95 (3.49%)

₹1,690.60 - ₹1,750.95

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Crompton Gr. Con

₹427.45

2.60 (0.61%)

₹421.35 - ₹427.90

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Dixon Technolog.

₹11,375.60

518.90 (4.78%)

₹10,860.05 - ₹11,452.35

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Havells India

₹1,857.45

18.45 (1.00%)

₹1,836.05 - ₹1,873.00

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Rajesh Exports

₹290.60

3.20 (1.11%)

₹288.15 - ₹293.45

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Titan Company

₹3,484.50

12.75 (0.37%)

₹3,476.55 - ₹3,510.00

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V I P Inds.

₹471.00

-4.10 (-0.86%)

₹470.60 - ₹479.40

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Voltas

₹1,493.90

12.45 (0.84%)

₹1,470.00 - ₹1,495.75

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Whirlpool India

₹1,794.00

-1.90 (-0.11%)

₹1,776.30 - ₹1,809.50

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S&P BSE Consumer Durables Sectors

Sector Name Advances No Change Declined
Consumer Durables 6 6 0
Diamond, Gems and Jewellery 2 2 0
Plastic products 0 1 1
Retail 0 1 1

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Data 3

What is BSE Consumer Durables?

As an Indian investor, you must be familiar with terms like BSE Sensex, BSE 100, BSE 200, BSE 500, BSE All Cap index, etc. These are comprehensive indices created by the BSE to keep track of the overall movements in the stock markets. These indices comprise the top stocks from various sectors to draw a holistic picture of the economy.

Although these indices provide a substantial view of the markets, their use is restricted to the comprehensive view of the major stocks. To better understand the economy, it is important to study the role of different sectors individually before forming any opinion. To tackle this concern, the BSE launched sector indices like the S&P BSE Consumer Durables in 1999, which were a spin-off from the BSE 500 index.

The consumer durables sector is related to goods of daily use that can have a long life. For example, electronic appliances like TV, fridge and washing machine. Usually, the items are expensive and durable. Hence, the name consumer durables. The companies involved in manufacturing or selling consumer durables that also form part of the BSE 500 index are included in the S&P BSE Consumer Durables index.

The number of stocks included in the index is intended to be kept around 10, but the total free-float market capitalisation of these companies should at least amount to 90% (+/-2%) of the total market cap of the consumer durables sector. Hence, the number of shares can vary. Presently, the total number of constituents in the BSE Consumer Durables is 12.

By studying the S&P BSE Consumer Durables Share Price, investors and analysts can understand the consumption trends, which also help to forecast the economy’s future. If the BSE Consumer Durables index rises, it indicates that consumers have enough disposable income and discretion to buy durable goods.

Orgainisation
S&P BSE Consumer Durables
Exchange
BSE
Founded Year
1999

How is BSE Consumer Durables Index Calculated?

Before choosing a stock to become a part of the BSE Consumer Durables Index, the following points need to be checked:

  • The stocks should be a part of the BSE 500 index
  • The companies should be traded for more than 90% of the sessions on the BSE, i.e.; they should be highly liquid
  • The companies should have an average traded value of at least INR 1 billion

Once the stocks are selected based on the above criteria, they are ranked using the free-float market capitalisation method. This method considers only those shares for valuation which are available for active trading on the stock exchange. Hence, restricted stocks like the ESOPs or Government owned shares are reduced to arrive at the S&P BSE Consumer Durables share price.

Observe the following example to understand how the free-float market capitalisation of a company is calculated:

Ex: Suppose Company A has issued 5 lakh equity shares in the market, out of which only 80% are freely tradeable. Assuming the current market price of the shares to be INR 100, here is the calculation of the free-float market cap:

  • Free-Float market Cap of Company A = Market capitalisation x 0.80, i.e.
  • 5 lakh x INR 100 x 0.80 = INR 4 Crores
  • Factor of 80% = 0.80

The top stocks that account for almost 90% of the total market capitalisation in the Consumer Durables sector are chosen to become a part of this index with a variable of 2%. Presently, there are 12 constituents in the BSE Consumer Durables index. 

After adding up the total free-float market capitalisation of all the constituents, the following formula is used to calculate the S&P BSE Consumer Durables Share Price:

BSE Consumer Durables Share Price = Total Free-Float Market capitalisation x Index Value for the Base Year / Market capitalisation for the Base Year

S&P BSE Consumer Durables FAQs

What are BSE Consumer Durables index Stocks?

The group of stocks that are related to the consumer durables sector and also a part of the BSE 500 index are included in the BSE Consumer Durables index. These stocks are rebalanced twice every year in June & December. The value of the index is quoted in real-time in 2 currencies, i.e., INR & USD.

How to invest in BSE Consumer Durables?

You cannot invest in the index itself. Hence, there are 2 ways you can buy the constituents of the BSE Consumer Durables:

  • Purchase all the 12 constituent stocks individually based on their weightage in the index.
  • Invest in an index fund that invests your money in the constituents of the BSE Consumer Durables Index on your behalf.

What is the objective of BSE Consumer Durables?

It is one of the key sector indices launched by the BSE in 1999. It allows investors to track the patterns and performance of the top Consumer durables companies to study their impact on the Indian Stock Markets. The BSE Consumer Durables includes the top 12 companies from this sector.

Is investment in BSE Consumer Durables safe?

Stock market investments carry market risk. It is a very common statement that you hear. But, the market risk is nothing but the fluctuation in market prices of a stock. Diversifying your portfolio can help you reduce the market risk on your stock investments. Constituting stocks that own more than 90% of the total market cap of the consumer durables sector, the BSE Consumer Durables index is naturally diversified. So, it is less risky to invest in BSE Consumer Durables.