Asia Index unveils BSE 1000 - India’s 1st 1000 stock Index, along with 4 other Indices to capture the growth potential of India’s emerging companies

Asia Index Private Ltd., a subsidiary of BSE, has unveiled five new indices as part of its Broad Market family, offering market participants a unique opportunity to tap into the growth potential of India’s next generation of emerging companies. These indices are designed to capture the performance of a diverse range of companies, from large cap to micro-cap, providing a comprehensive coverage of India’s dynamic equity market.

The indices launched include:

 

Index	Feature	Details
BSE 1000	The index measures the performance of 1000 of the largest and most liquid Indian companies within BSE AllCap.	Click here to know more about the index
BSE NEXT 500	The index measures the performance of the 500 companies within BSE 1000 that are not a part of BSE 500.	Click here to know more about the index.
BSE 250 MICROCAP	The index measures the performance of 250 of the largest and most liquid companies within BSE Next 500.	Click here to know more about the index.
BSE Next 250 MICROCAP	The index measures the performance of the 250 companies within BSE Next 500 that are not a part of BSE 250 MicroCap.	Click here to know more about the index.
BSE 1000 MULTICAP EQUAL SIZE WEIGHTED (25%)	This index comprises the constituents comprising of BSE 100 LargeCap TMC, BSE 150 MidCap, BSE 250 SmallCap and BSE Next 500. Each of the above size segments is equally weighted at 25% and the constituents within the size segments are weighted based on free float market cap.	Click here to know more about the index.

Mr. Ashutosh Singh, MD and CEO of Asia Index Pvt. Ltd., highlighted the significance of these indices, stating, “BSE 1000 represents over 93% of India’s overall market capitalization and therefore will serve as a relevant benchmark for the overall stock market. The index is designed to serve as a comprehensive barometer of India’s growing economy, reflecting the diversity and dynamism of our corporate sector, representing companies that are industry leaders and emerging businesses.”

Further speaking on the bouquet of the five indices launched, Mr. Singh added "As market participation expands, liquidity improves, and investor confidence strengthens on the back of progressive and investor oriented regulatory changes, the indices will offer an opportunity to market participants to follow the progress of India's stock market overall with a special lens on the emerging companies. Historical trends and reclassification data consistently demonstrate that many of India’s established large caps and mid-caps once started out in the Next 500 grouping, reinforcing the opportunity within this segment”

These indices will enable market participants to identify and capitalize on the next wave of high-performing companies. They also serve as valuable tools for passive investment strategies, such as ETFs and index funds, as well as for benchmarking portfolio performance.

About ASIA INDEX PRIVATE LIMITED

Asia Index Private Ltd is a wholly owned subsidiary of BSE Ltd, Asia’s oldest stock exchange and home to the iconic SENSEX index – a leading indicator of Indian equity market performance. Asia Index Pvt. Ltd aims to provide a full array of indices to global / domestic investors and calculates, publishes, and maintains a diverse family of indices. For more details, please visit asiaindex.co.in

About BSE

BSE (formerly Bombay Stock Exchange Ltd.) is Asia’s oldest exchange. BSE has been playing a prominent role in developing the Indian capital market as India’s leading exchange group. BSE is a corporatized and demutualized entity with a broad shareholder base. BSE provides an efficient and transparent market for trading in equity, debt instruments, equity derivatives, currency derivatives, interest rate derivatives, mutual funds and stock lending and borrowing.