Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Churn in S&P BSE Sensex Components
Mar 27, 2018


Consider this...

On average, about 14 Sensex stocks have exited the index every five years, since 1996.

Stocks like Premier Ltd, Hindustan Motors, NOCIL, Mukand, Bombay Dyeing, and MTNL were the biggest blue chips in their heydays.

Where are they now?

Over the years, they've turned into small caps and eventually faded into oblivion.

NIIT Ltd and Ballarpur Industries were Sensex blue chips once. Today, they too are small caps.

Data Source: Capitaline, Equitymaster

Note: The year 1996 witnessed a big churn in the index, when fifteen new companies made it to the Sensex; the above data for churn excludes the cases of ICICI Ltd. being replaced with ICICI Bank in 2002 and Sterlite being replaced with Vedanta in 2013.

This Chart Of The Day was published in The 5 Minute WrapUp - The Risk that Facebook and Punjab National Bank Have in Common...and How You Can Avoid It

Equitymaster requests your view! Post a comment on "Churn in S&P BSE Sensex Components". Click here!

  

Our Most Popular Charts

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

MARKET STATS