BSE National also known as BSE 100 is a broad based index that comprises of 100 stocks listed at five major stock exchanges in India viz. Mumbai, Calcutta, Delhi, Ahmedabad and Madras.
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The equity shares of these 100 companies were compiled from the 'Specified' and 'Non Specified' groups of these five major stock exchanges.
The financial year 1983-84 has been chosen as the base year.
Here's more information on the BSE National Index.
Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most likely some time away.