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A Sector-by-Sector Overview of India’s S&P Bombay Stock Exchange

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Characteristics and constituents of the sectoral indexes

In this part, we’ll give a brief sector-by-sector overview of the S&P BSE (Bombay Stock Exchange) sectoral indexes that are under discussion. The data regarding the constituents of the indexes are as of November 30, 2015.

 

 

S&P BSE Energy: S&P BSE Energy reflects the performances of companies in the energy sector. It consists of 26 constituents. Some of its top constituents are Reliance Industries, Oil & Natural Gas Corporation, Coal India, and Bharat Petroleum.

S&P BSE Telecom: S&P BSE Telecom reflects the performances of companies in the telecommunication sector. It consists of 13 constituents. Some of its top constituents are Bharti Airtel, Idea Cellular, and Reliance Communication.

S&P BSE Finance: S&P BSE Finance reflects the performances of companies in the banking and finance sector. It consists of 95 constituents. Some of its top constituents are HDFC Bank (HDB), ICICI Bank (IBN), State Bank of India, Kotak Mahindra Bank, and Yes Bank.

S&P BSE Information Technology: S&P BSE Information Technology reflects the performances of companies in the information technology sector. It consists of 56 constituents, some of which are Infosys (INFY), Wipro (WIT), Tata Consultancy Services, and HCL.

S&P BSE Industrials: S&P BSE Industrials reflects the performances of companies in the industrials sector. It consists of 219 constituents, including Larsen & Toubro, Tata Motors (TTM), Adani Ports & Special Economic Zone, and Bharat Heavy Electricals.

S&P BSE Utilities: S&P BSE Utilities reflects the performances of companies in the utilities sector. It consists of 30 constituents. Some of its top constituents are Power Grid Corporation of India, NTPC, Gail India, and Tata Power Company.

S&P BSE Healthcare: S&P BSE Healthcare reflects the performance of companies in the Healthcare sector. It consists of 65 constituents. Some of its top constituents are Sun Pharmaceutical, Dr. Reddy’s Laboratories (RDY), Lupin, and Cipla.

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India-focused mutual funds such as the Wasatch Emerging India Fund (WAINX) and the Eaton Vance Greater India Fund Class A (ETGIX) have their highest exposures in the Indian financial sector. The top ten holdings of ETGIX are large-cap (large capitalization) banking companies such as ICICI Bank. These funds also invest heavily in the technology sectors.

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