BSE 200 is a broad based index launched to reflect the market trends in a more effective manner and to provide a better representation of the overall market.
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Besides market capitalisation, the market activity of the companies as reflected by the volume of turnover and certain fundamental factors were taken into consideration for the selection of stocks that comprise the BSE 200 index.
The financial year 1989-90 has been chosen as the base year.
Here's more information on the BSE 200 Index.
Asian markets traded lower on Friday tracking overnight losses on Wall Street and inflation data from Japan.