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NSE BSE
metal

METAL

31888.97 -127.14 (-0.39%)
Dec 12 2024 11:19 AM Sector: -

14

METAL

img img img img
No Data Available

METAL Performance

Day Range

Low31870.12 High32177.80
32016.12

52 Week Range

Low 24752.74 High 34946.48
32016.12

Open Price

32159.12

Prev. Close

32016.12

Volume (Shares)

.00

Total traded value

.00

Upper Circuit

.00

Lower Circuit

.00

    

The only way to a successful investment journey is to forecast the behaviour of stocks. However, it is difficult and challenging to predict the behaviour of the stock market, or any sector of stocks. This exercise is almost impossible to do without proper analytical and statistical tools. 

 

With the assistance of various analytical and statistical tools, you bring an element of calculation and scientific approach to your investments that increase the chances of your profit and decrease your exposure to risks.

 

One such statistical tool widely used by investors is an index, which can help you in tracking the performance of equity and other assets. While there are broad-indices, you can also opt for sectoral indices, or thematic indices, or strategic indices, as per your requirement and need.

 

In case you are interested in knowing about stocks belonging to metal, metal product and mining stocks, S&P BSE Metal index can assist you in tracking and monitoring the performance of top stocks in this sector that are listed at the BSE. Read on to know more about S&P BSE Metal index.

 

Introducing S&P BSE Metal  

 

The S&P BSE Metal index is a sector index. The sector indices are equity benchmarks for traded securities in several broadly defined economic sectors. This index is calculated and disseminated by S&P Dow Jones Indices, in partnership with BSE. 

 

It comprises a minimum of 10 companies from the S&P BSE 500 index that are classified as members of the metal, metal products and mining sector as defined by the BSE industry classification system. 

 

S&P BSE Metal is reviewed on a semi-annual basis and the effective date is the Monday following the third Friday of June and December, while the reference date is the last trading day of April and October. 

 

This index was launched in August 23, 2004 and its first value date was marked as February 1, 1999. It has a base value of 1000.

 

S&P BSE Metal Selection Criteria 

 

S&P BSE Metal index is selected from a universe of S&P BSE 500 index and is the measure of performance of companies in the metal, metal products and mining sector. For inclusion in this index, the stock must have been traded for at least 90 percent of the trading days during the last three months. 

The stock’s index market cap is based on the three-month float-adjusted market cap as of the reference date. Float-adjusted market cap is a measure of a company’s current worth that is determined by the total market value of all of its free-floating shares. This method uses the publicly available stocks and excludes the shares restricted to the public.

 

The constituents of S&P BSE Metal index are selected from S&P BSE 500 stocks that are classified as members of the metal, metal products and mining sector and are among the top 90 percent cumulative average float-adjusted market cap, subject to a buffer of +/- 2 percent. Additions to the index are made in between the semi annual review updates to maintain the required minimum number of 10 stocks

 

Key Characteristics of S&P BSE Metal Index 

 

Developer

S&P Dow Jones Indices

Parent Index

S&P BSE 500

Base Date

February 1, 1999

Launch Date

August 23, 2004

Base Value 

1000

Calculation Currency

USR, INR

Calculation Frequency 

Real Time

Index Rebalancing

Bi-Annual

Reconstitution Effective From

Monday following the third Friday of June and December

 

Constituents List of S&P BSE Metal Index*

 

Company 

Symbol

Sector

APL Apollo Tubes Ltd 

533758

Metal Products

Coal India Ltd

533278

Mining

Hindalco Industries Ltd

500440

Metal

Jindal Steel & Power Ltd

532286

Metal

JSW Steel Ltd

500228

Metal

National Aluminium Co Ltd

532234

Mining

NMDC Ltd

526371

Mining

Steel Authority of India Ltd

500113

Mining

Tata Steel Ltd

500470

Metal

Vedanta Ltd

500295

Metal

*As on October 31, 2013

 

Other S&P BSE Indices

 

There are many S&P BSE indices which are classified into several categories like broad, thematic, investment strategy, and sectoral. The examples of broad category S&P BSE indices are S&P BSE SENSEX, S&P BSE 100, S&P BSE SENSEX 50, S&P BSE 200, S&P BSE 500, S&P BSE 150 MidCap, S&P BSE 250 Smallcap,S&P BSE 250 LargeMidcap, and S&P BSE 400 MidSmallCap. The thematic indices include S&P BSE PSU, S&P BSE CPSE, S&P BSE Bharat 22 Index and S&P BSE REITs and InvITs. 

 

The investment strategy indices are S&P BSE DOLLEX 30, S&P BSE DOLLEX 100, S&P BSE DOLLEX 200, S&P BSE IPO, S&P BSE SME IPO, and S&P BSE SENSEX Futures Index. Some of the sectoral indices include S&P BSE AUTO, S&P BSE BANKEX, S&P BSE CAPITAL GOODS, S&P BSE OIL & GAS, S&P BSE POWER, S&P BSE REALTY, AND S&P BSE TECK.

 

Conclusion

 

The use of analytical and statistical tools is crucial for your successful investment journey. If you are interested in exploring and investing in metal, metal product and mining sector stocks, then S&P BSE Metal index can be of great help for you.

 

You should make use of more such indices and tools to bring an element of professionalism to your investments. It is always better to stay informed and updated if you want to stay on and grow in the stocks business.

All Indices

  • NSE
  • BSE
NAME PRICE CHANGE CHANGE % PREVIOUS CLOSE
Nifty 50
24603.35
arrowup arrowndown
-38.45 -0.16% 24641.80 forward-arrow
India VIX
13.30
arrowup arrowndown
0.03 0.23% 13.27 forward-arrow
Nifty Bank
53363.00
arrowup arrowndown
-28.35 -0.05% 53391.35 forward-arrow
Nifty 100
25610.55
arrowup arrowndown
-24.50 -0.10% 25635.05 forward-arrow
Nifty 200
13990.15
arrowup arrowndown
-17.45 -0.12% 14007.60 forward-arrow
Nifty Fin Service
24780.20
arrowup arrowndown
-22.85 -0.09% 24803.05 forward-arrow
Nifty 500
23314.95
arrowup arrowndown
-43.20 -0.18% 23358.15 forward-arrow
NIFTY Alpha 50
59207.30
arrowup arrowndown
-109.70 -0.18% 59317.00 forward-arrow
Nifty Auto
23677.25
arrowup arrowndown
-174.60 -0.73% 23851.85 forward-arrow
Nifty CPSE
6525.80
arrowup arrowndown
-37.15 -0.57% 6562.95 forward-arrow
Nifty Energy
37227.40
arrowup arrowndown
-81.45 -0.22% 37308.85 forward-arrow
Nifty GS 4 8Yr
2981.62
arrowup arrowndown
-1.30 -0.04% 2982.92 forward-arrow
Nifty GS 8 13Yr
2760.61
arrowup arrowndown
-1.67 -0.06% 2762.28 forward-arrow
NIFTY INDIA MFG
14380.10
arrowup arrowndown
-74.25 -0.51% 14454.35 forward-arrow
Nifty Infra
8859.75
arrowup arrowndown
-44.80 -0.50% 8904.55 forward-arrow
Nifty IT
45811.25
arrowup arrowndown
460.90 1.02% 45350.35 forward-arrow
Nifty Media
1978.85
arrowup arrowndown
-32.00 -1.59% 2010.85 forward-arrow
Nifty Metal
9474.00
arrowup arrowndown
-9.65 -0.10% 9483.65 forward-arrow
Nifty Midcap 50
16486.20
arrowup arrowndown
-50.75 -0.31% 16536.95 forward-arrow
Nifty MNC
29419.05
arrowup arrowndown
-100.25 -0.34% 29519.30 forward-arrow
Nifty Next 50
73251.90
arrowup arrowndown
-40.25 -0.05% 73292.15 forward-arrow
Nifty Pharma
22246.70
arrowup arrowndown
-55.90 -0.25% 22302.60 forward-arrow
Nifty PSE
10299.95
arrowup arrowndown
-63.35 -0.61% 10363.30 forward-arrow
Nifty PSU Bank
7030.70
arrowup arrowndown
-58.35 -0.82% 7089.05 forward-arrow
Nifty Pvt Bank
25853.15
arrowup arrowndown
-2.95 -0.01% 25856.10 forward-arrow
Nifty Realty
1089.20
arrowup arrowndown
-5.15 -0.47% 1094.35 forward-arrow
NIFTY SMLCAP 50
9408.90
arrowup arrowndown
-58.30 -0.62% 9467.20 forward-arrow
NIFTY TOTAL MKT
13165.90
arrowup arrowndown
-27.70 -0.21% 13193.60 forward-arrow
Nifty100 Liq 15
6430.85
arrowup arrowndown
-21.20 -0.33% 6452.05 forward-arrow
Nifty GS 10Yr
2442.98
arrowup arrowndown
-1.48 -0.06% 2444.46 forward-arrow
Nifty FMCG
56488.85
arrowup arrowndown
-277.95 -0.49% 56766.80 forward-arrow
Nifty Commodities
8740.20
arrowup arrowndown
-13.10 -0.15% 8753.30 forward-arrow
NIFTY CONSR DURBL
42585.60
arrowup arrowndown
-157.30 -0.37% 42742.90 forward-arrow
Nifty Consumption
11534.25
arrowup arrowndown
-33.05 -0.29% 11567.30 forward-arrow
Nifty Div Opps 50
6649.25
arrowup arrowndown
-9.45 -0.14% 6658.70 forward-arrow
Nifty FinSrv25 50
26654.40
arrowup arrowndown
-33.90 -0.13% 26688.30 forward-arrow
Nifty GrowSect 15
12143.60
arrowup arrowndown
-5.45 -0.04% 12149.05 forward-arrow
Nifty GS 10Yr Cln
891.91
arrowup arrowndown
-0.71 -0.08% 892.62 forward-arrow
Nifty GS 11 15Yr
3056.53
arrowup arrowndown
-1.22 -0.04% 3057.75 forward-arrow
Nifty GS 15YrPlus
3377.09
arrowup arrowndown
-3.44 -0.10% 3380.53 forward-arrow
Nifty GS Compsite
2856.81
arrowup arrowndown
-1.60 -0.06% 2858.41 forward-arrow
NIFTY HEALTHCARE
14373.75
arrowup arrowndown
-35.00 -0.24% 14408.75 forward-arrow
NIFTY IND DIGITAL
10048.65
arrowup arrowndown
46.90 0.47% 10001.75 forward-arrow
NIFTY LARGEMID250
16319.20
arrowup arrowndown
-33.50 -0.20% 16352.70 forward-arrow
NIFTY M150 QLTY50
25178.95
arrowup arrowndown
-83.40 -0.33% 25262.35 forward-arrow
NIFTY MICROCAP250
26195.05
arrowup arrowndown
-216.55 -0.82% 26411.60 forward-arrow
Nifty Mid Liq 15
14690.65
arrowup arrowndown
-35.15 -0.24% 14725.80 forward-arrow
NIFTY MID SELECT
13106.05
arrowup arrowndown
-27.75 -0.21% 13133.80 forward-arrow
NIFTY MIDCAP 100
59135.50
arrowup arrowndown
-157.45 -0.27% 59292.95 forward-arrow
NIFTY MIDCAP 150
21811.75
arrowup arrowndown
-67.80 -0.31% 21879.55 forward-arrow
NIFTY MIDSML 400
20644.70
arrowup arrowndown
-84.15 -0.41% 20728.85 forward-arrow
NIFTY OIL AND GAS
11175.25
arrowup arrowndown
-49.65 -0.44% 11224.90 forward-arrow
Nifty Serv Sector
33040.70
arrowup arrowndown
81.80 0.25% 32958.90 forward-arrow
NIFTY SMLCAP 100
19553.50
arrowup arrowndown
-103.85 -0.53% 19657.35 forward-arrow
NIFTY SMLCAP 250
18396.55
arrowup arrowndown
-106.10 -0.57% 18502.65 forward-arrow
NIFTY100 EQL Wgt
32886.45
arrowup arrowndown
-16.90 -0.05% 32903.35 forward-arrow
NIFTY100 LowVol30
19615.00
arrowup arrowndown
-73.25 -0.37% 19688.25 forward-arrow
NIFTY100 Qualty30
5777.80
arrowup arrowndown
-7.15 -0.12% 5784.95 forward-arrow
Nifty100ESGSecLdr
4116.15
arrowup arrowndown
-0.85 -0.02% 4117.00 forward-arrow
NAME PRICE CHANGE CHANGE % PREVIOUS CLOSE
SENSEX
81472.26
-53.88 -0.07% 81526.14 forward-arrow
BSE100
26144.43
-29.57 -0.11% 26174.00 forward-arrow
SNSX50
25882.40
-30.59 -0.12% 25912.99 forward-arrow
BSE200
11400.79
-12.79 -0.11% 11413.58 forward-arrow
BSE500
36673.83
-62.54 -0.17% 36736.37 forward-arrow
BSE CG
73100.94
-418.47 -0.57% 73519.41 forward-arrow
BSE CD
66251.27
-243.52 -0.37% 66494.79 forward-arrow
BSEPSU
20345.55
-135.79 -0.66% 20481.34 forward-arrow
TECK
20432.37
180.50 0.89% 20251.87 forward-arrow
BANKEX
60694.21
-73.42 -0.12% 60767.63 forward-arrow
AUTO
53663.97
-331.53 -0.61% 53995.50 forward-arrow
METAL
31888.97
-127.15 -0.40% 32016.12 forward-arrow
OILGAS
27143.95
-72.61 -0.27% 27216.56 forward-arrow
DOL30
7880.94
-6.27 -0.08% 7887.21 forward-arrow
DOL100
3186.82
-3.85 -0.12% 3190.67 forward-arrow
DOL200
2236.63
-2.55 -0.11% 2239.18 forward-arrow
REALTY
8480.27
-34.46 -0.40% 8514.73 forward-arrow
POWER
7588.27
5.90 0.08% 7582.37 forward-arrow
BSEIPO
16701.66
-142.43 -0.85% 16844.09 forward-arrow
GREENX
7827.50
33.63 0.43% 7793.87 forward-arrow
CARBON
4344.48
15.78 0.36% 4328.70 forward-arrow
SMEIPO
112608.94
-919.46 -0.81% 113528.40 forward-arrow
INFRA
647.72
-1.57 -0.24% 649.29 forward-arrow
CPSE
3968.14
-23.30 -0.58% 3991.44 forward-arrow
MIDCAP
47924.22
-160.51 -0.33% 48084.73 forward-arrow
SMLCAP
57365.00
-338.48 -0.59% 57703.48 forward-arrow
BSEFMC
20779.76
-102.69 -0.49% 20882.45 forward-arrow
BSE HC
44265.69
-167.37 -0.38% 44433.06 forward-arrow
BSE IT
45554.86
414.74 0.92% 45140.12 forward-arrow
MFG
1021.83
-6.44 -0.63% 1028.27 forward-arrow
ALLCAP
10471.31
71.07 0.68% 10400.24 forward-arrow
COMDTY
7689.18
-38.44 -0.50% 7727.62 forward-arrow
CONDIS
10161.30
-51.55 -0.50% 10212.85 forward-arrow
ENERGY
11440.19
-62.86 -0.55% 11503.05 forward-arrow
FINSER
11982.68
-19.38 -0.16% 12002.06 forward-arrow
INDSTR
15910.22
-81.58 -0.51% 15991.80 forward-arrow
LRGCAP
9605.82
-7.30 -0.08% 9613.12 forward-arrow
MIDSEL
17949.03
-18.03 -0.10% 17967.06 forward-arrow
SMLSEL
8480.46
-50.98 -0.60% 8531.44 forward-arrow
TELCOM
2964.27
-0.03 0.00% 2964.30 forward-arrow
UTILS
5823.14
24.68 0.43% 5798.46 forward-arrow
BHRT22
9018.56
-71.74 -0.79% 9090.30 forward-arrow
ESG100
408.38
-0.67 -0.16% 409.05 forward-arrow
MID150
16483.08
-49.32 -0.30% 16532.40 forward-arrow
SML250
7373.15
-41.18 -0.56% 7414.33 forward-arrow
LMI250
10823.27
-13.67 -0.13% 10836.94 forward-arrow
MSL400
12600.79
-49.36 -0.39% 12650.15 forward-arrow
BSEDSI
1036.94
-3.04 -0.29% 1039.98 forward-arrow
BSEEVI
947.82
-4.73 -0.50% 952.55 forward-arrow
BSELVI
1795.67
-5.82 -0.32% 1801.49 forward-arrow
BSEMOI
2332.14
-5.17 -0.22% 2337.31 forward-arrow
BSEQUI
1858.19
2.70 0.15% 1855.49 forward-arrow
DFRGRI
1486.80
-0.44 -0.03% 1487.24 forward-arrow
LCTMCI
9223.41
-7.54 -0.08% 9230.95 forward-arrow
BSEPBI
18874.20
3.27 0.02% 18870.93 forward-arrow

Stay Updated with Market News and Updates

Market Buzz

Frequently Asked Questions

How does the S&P BSE Metal index impact individual investors in the metal, metal products, and mining sector?

Question Label
Answer Field

The S&P BSE Metal index impacts individual investors in the metal, metal products, and mining sector by providing a benchmark that captures the performance of the 10 largest and most liquid companies in this sector. It also helps investors to compare the performance of metal stocks with other sectors and indices, and to diversify their portfolio across different segments of the market. The index also reflects the trends, opportunities, and challenges of the metal industry in India and abroad, which can influence the demand and supply dynamics of the sector.

How do sectoral indices like S&P BSE Metal contribute to a more sustainable investment approach?

Question Label
Answer Field

Sectoral indices like S&P BSE Metal contribute to a more sustainable investment approach by offering investors the option to invest in index-linked products such as exchange-traded derivatives, index funds, and ETFs that track the sectoral index. These products offer investors the benefits of diversification, liquidity, transparency, and low-cost exposure to the sector. They also enable investors to align their investment objectives with their environmental, social, and governance (ESG) preferences, as some sectoral indices incorporate ESG criteria in their selection and weighting methodology.

What is the S&P BSE factor index methodology?

Question Label
Answer Field

The S&P BSE factor index methodology is a framework that aims to measure the performance of different factors or investment styles in the Indian market, such as quality, value, momentum, low volatility, and size. The methodology uses a multi-step process to select and weight the constituents of each factor index, based on objective and transparent criteria such as free float market capitalization, liquidity, impact cost, trading frequency, and factor scores. The methodology also follows a semi-annual rebalancing and reconstitution schedule to ensure that the index reflects the current market conditions and composition.

Why is BSE called S&P BSE?

Question Label
Answer Field

BSE is called S&P BSE because it is a joint venture between BSE Ltd. and S&P Dow Jones Indices, a leading global provider of financial market indices. The joint venture was established in 2023, with the aim of providing a comprehensive suite of indices for the Indian market, covering various segments, sectors, and themes. The joint venture also leverages the expertise and experience of both partners in index design, calculation, maintenance, and dissemination.

How to invest in S&P BSE Metal stocks?

Question Label
Answer Field

To invest in S&P BSE Metal stocks, open a Demat and trading account through a reliable broker. Deposit funds into your account, research companies listed under the S&P BSE Metal Index, and place buy orders for desired stocks through your brokerage platform.

What are S&P BSE Metal stocks?

Question Label
Answer Field

S&P BSE Metal stocks refer to shares of companies listed under the S&P BSE Metal Index. These stocks primarily represent businesses in the metal and mining sectors, including steel, aluminum, and other industrial metals, reflecting the performance of India's metal industry.

Can you trade shares on the S&P BSE Metal Index?

Question Label
Answer Field

Yes, shares listed on the S&P BSE Metal Index can be actively traded during market hours. Investors can buy or sell these stocks through brokerage platforms, tracking their performance and aligning trades with their financial goals and market strategies.

In which year was the S&P BSE Metal Index launched?

Question Label
Answer Field

The S&P BSE Metal Index was introduced with a base timeframe of 1978-1979, marking its inception. It tracks the performance of key companies in India's metal industry, reflecting the sector's growth and contributions to the broader economy.

Can we buy S&P BSE Metal stocks and sell them tomorrow?

Question Label
Answer Field

Yes, you can buy S&P BSE Metal stocks today and sell them tomorrow. This is permitted under the T+1 settlement system in India, allowing short-term trading or delivery-based transactions depending on your investment strategy.

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