S&P BSE Midcap Select Index
Live BSE MidCap Select Index Chart
S&P BSE Midcap Select Index Performance
Days Range
BSE MidCap Select Index Companies
Action | ||||
|---|---|---|---|---|
₹2,177.60 | 18.10(0.84%) | ₹2,167.45 - ₹2,233.90 | ||
₹178.00 | -1.00(0.56%) | ₹176.80 - ₹181.05 | ||
₹1,071.00 | -45.20(4.05%) | ₹1,071.00 - ₹1,126.50 | ||
₹1,631.00 | 9.00(0.55%) | ₹1,608.00 - ₹1,632.60 | ||
₹433.00 | 17.75(4.27%) | ₹415.50 - ₹438.00 | ||
₹2,047.00 | 35.00(1.74%) | ₹2,003.95 - ₹2,047.90 | ||
₹1,900.00 | 20.00(1.06%) | ₹1,882.00 - ₹1,909.00 | ||
₹1,844.10 | -20.70(1.11%) | ₹1,841.00 - ₹1,876.90 | ||
₹14,729.40 | -0.70(0.00%) | ₹14,685.35 - ₹14,877.40 | ||
₹334.10 | -12.75(3.68%) | ₹334.10 - ₹348.10 |
BSE MidCap Select Index Sectors
Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Agro Chemicals | 0 | 1 | 1 |
| Automobile | 0 | 1 | 1 |
| Banks | 0 | 4 | 4 |
| Capital Goods - Electrical Equipment | 2 | 3 | 1 |
| Capital Goods-Non Electrical Equipment | 2 | 2 | 0 |
| Castings, Forgings & Fastners | 1 | 1 | 0 |
| Consumer Durables | 1 | 2 | 1 |
| Finance | 0 | 2 | 2 |
| FMCG | 0 | 1 | 1 |
| Healthcare | 1 | 1 | 0 |
What is BSE MIDCAP SELECT?
The Bombay Stock Exchange is India’s oldest stock exchange, and is constantly striving to make trading more convenient for all the traders using it. The various indices formulated by BSE tend to make trading more transparent and rules-based, thus, reducing fraud and foul play. This makes it a fair ground for all traders in the market.
BSE divides all the companies registered under it into three categories, based on their relative market capitalisations. These categories include- LARGECAP, MIDCAP and SMALLCAP. This helps traders know about the safest stocks and invest in companies with market holdings.
The S&P BSE MIDCAP SELECT index is a rules-based, transparent index designed to measure the performance of the top 30 companies listed in BSE MIDCAP. These companies are more volatile compared to the LARGECAP companies, and investing here may involve bigger risks.
The value of the BSE MIDCAP SELECT index depends on the S&P BSE MIDCAP SELECT share price, which keeps on changing and is very dynamic based on the market trends.
The division between companies into LARGECAP, MIDCAP and SMALLCAP is based on the 80-15-5 segment rule, where the numbers represent the percentage of the total market cap of BSE ALLCAP.
How is the BSE MIDCAP SELECT index calculated?
The BSE MIDCAP SELECT index helps to know about the performance of the top 30 companies in BSE MIDCAP. The segregation between MIDCAP, SMALLCAP and LARGECAP is based on their market holding and the valuation of the company. It is as follows-
- LARGECAP companies have a market cap of 20,000 crore INR or more.
- MIDCAP companies have a market cap between 20,000 and 5,000 crore INR.
- SMALLCAP companies have a market cap below 5,000 INR.
Investing in LARGECAP shares is the safest as these companies have attained financial maturity and are not volatile. MIDCAP companies, on the other hand, may be volatile and involve greater risks.
The value of the S&P BSE MIDCAP SELECT index changes with a change in the value of the BSE MIDCAP SELECT share price. The share price is calculated as follows-
BSE MIDCAP SELECT Share Price =
Total Free-Float Market Capitalisation x Base Index Value / Base Market Capitalisation
Here the total free float market capitalisation of the top 30 MIDCAP companies is taken into consideration.
The companies listed here must have liquid funds, a clean market sheet, and a valuation between 20,000 crores INR to 5,000 crores INR. The company must generate revenue from core activities and must be listed with BSE for a year or more.
Investing in these companies will be definitely safer than other MIDCAP companies as they offer more financial stability. Having said that, make sure you check the index before investing, as the values keep changing periodically and are very dynamic.
S&P BSE Midcap Select Index FAQs
What are BSE MIDCAP SELECT stocks?
How can I invest in BSE MIDCAP SELECT stocks?
- Ensure you have Demat, banking and trading accounts.
- Know about the stocks you wish to buy. Check the BSE MIDCAP SELECT index before making any sale or purchase.
- If you have enough funds in your trading account, you can buy the stocks.
- Stocks are credited to the Demat account on T+1 day.
What is the objective of the BSE MIDCAP SELECT index?
Is investing in BSE MIDCAP SELECT safe?





