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NSE BSE
metal

METAL

31920.19 -95.92 (-0.29%)
Dec 12 2024 10:24 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
24621.10
arrowup arrowndown
-20.70 -0.08% 24641.80 forward-arrow
India VIX
13.18
arrowup arrowndown
-0.09 -0.68% 13.27 forward-arrow
Nifty Bank
53391.00
arrowup arrowndown
-0.35 0.00% 53391.35 forward-arrow
Nifty 100
25614.90
arrowup arrowndown
-20.15 -0.08% 25635.05 forward-arrow
Nifty 200
13998.40
arrowup arrowndown
-9.20 -0.07% 14007.60 forward-arrow
Nifty Fin Service
24807.35
arrowup arrowndown
4.30 0.02% 24803.05 forward-arrow
Nifty 500
23335.60
arrowup arrowndown
-22.55 -0.10% 23358.15 forward-arrow
NIFTY Alpha 50
59390.35
arrowup arrowndown
73.35 0.12% 59317.00 forward-arrow
Nifty Auto
23735.05
arrowup arrowndown
-116.80 -0.49% 23851.85 forward-arrow
Nifty CPSE
6542.35
arrowup arrowndown
-20.60 -0.31% 6562.95 forward-arrow
Nifty Energy
37066.70
arrowup arrowndown
-242.15 -0.65% 37308.85 forward-arrow
Nifty GS 4 8Yr
2983.47
arrowup arrowndown
0.55 0.02% 2982.92 forward-arrow
Nifty GS 8 13Yr
2760.18
arrowup arrowndown
-2.10 -0.08% 2762.28 forward-arrow
NIFTY INDIA MFG
14408.45
arrowup arrowndown
-45.90 -0.32% 14454.35 forward-arrow
Nifty Infra
8862.50
arrowup arrowndown
-42.05 -0.47% 8904.55 forward-arrow
Nifty IT
45925.90
arrowup arrowndown
575.55 1.27% 45350.35 forward-arrow
Nifty Media
1986.00
arrowup arrowndown
-24.85 -1.24% 2010.85 forward-arrow
Nifty Metal
9466.40
arrowup arrowndown
-17.25 -0.18% 9483.65 forward-arrow
Nifty Midcap 50
16534.75
arrowup arrowndown
-2.20 -0.01% 16536.95 forward-arrow
Nifty MNC
29469.35
arrowup arrowndown
-49.95 -0.17% 29519.30 forward-arrow
Nifty Next 50
73252.90
arrowup arrowndown
-39.25 -0.05% 73292.15 forward-arrow
Nifty Pharma
22294.85
arrowup arrowndown
-7.75 -0.03% 22302.60 forward-arrow
Nifty PSE
10323.70
arrowup arrowndown
-39.60 -0.38% 10363.30 forward-arrow
Nifty PSU Bank
7041.25
arrowup arrowndown
-47.80 -0.67% 7089.05 forward-arrow
Nifty Pvt Bank
25864.80
arrowup arrowndown
8.70 0.03% 25856.10 forward-arrow
Nifty Realty
1089.30
arrowup arrowndown
-5.05 -0.46% 1094.35 forward-arrow
NIFTY SMLCAP 50
9443.80
arrowup arrowndown
-23.40 -0.25% 9467.20 forward-arrow
NIFTY TOTAL MKT
13178.45
arrowup arrowndown
-15.15 -0.11% 13193.60 forward-arrow
Nifty100 Liq 15
6426.65
arrowup arrowndown
-25.40 -0.39% 6452.05 forward-arrow
Nifty GS 10Yr
2442.74
arrowup arrowndown
-1.72 -0.07% 2444.46 forward-arrow
Nifty FMCG
56519.05
arrowup arrowndown
-247.75 -0.44% 56766.80 forward-arrow
Nifty Commodities
8706.55
arrowup arrowndown
-46.75 -0.53% 8753.30 forward-arrow
NIFTY CONSR DURBL
42618.80
arrowup arrowndown
-124.10 -0.29% 42742.90 forward-arrow
Nifty Consumption
11538.45
arrowup arrowndown
-28.85 -0.25% 11567.30 forward-arrow
Nifty Div Opps 50
6663.00
arrowup arrowndown
4.30 0.06% 6658.70 forward-arrow
Nifty FinSrv25 50
26692.35
arrowup arrowndown
4.05 0.02% 26688.30 forward-arrow
Nifty GrowSect 15
12159.65
arrowup arrowndown
10.60 0.09% 12149.05 forward-arrow
Nifty GS 10Yr Cln
891.82
arrowup arrowndown
-0.80 -0.09% 892.62 forward-arrow
Nifty GS 11 15Yr
3058.32
arrowup arrowndown
0.57 0.02% 3057.75 forward-arrow
Nifty GS 15YrPlus
3377.38
arrowup arrowndown
-3.15 -0.09% 3380.53 forward-arrow
Nifty GS Compsite
2857.04
arrowup arrowndown
-1.37 -0.05% 2858.41 forward-arrow
NIFTY HEALTHCARE
14411.95
arrowup arrowndown
3.20 0.02% 14408.75 forward-arrow
NIFTY IND DIGITAL
10087.60
arrowup arrowndown
85.85 0.86% 10001.75 forward-arrow
NIFTY LARGEMID250
16340.25
arrowup arrowndown
-12.45 -0.08% 16352.70 forward-arrow
NIFTY M150 QLTY50
25239.90
arrowup arrowndown
-22.45 -0.09% 25262.35 forward-arrow
NIFTY MICROCAP250
26263.40
arrowup arrowndown
-148.20 -0.56% 26411.60 forward-arrow
Nifty Mid Liq 15
14739.45
arrowup arrowndown
13.65 0.09% 14725.80 forward-arrow
NIFTY MID SELECT
13146.25
arrowup arrowndown
12.45 0.09% 13133.80 forward-arrow
NIFTY MIDCAP 100
59291.40
arrowup arrowndown
-1.55 0.00% 59292.95 forward-arrow
NIFTY MIDCAP 150
21863.35
arrowup arrowndown
-16.20 -0.07% 21879.55 forward-arrow
NIFTY MIDSML 400
20699.75
arrowup arrowndown
-29.10 -0.14% 20728.85 forward-arrow
NIFTY OIL AND GAS
11169.65
arrowup arrowndown
-55.25 -0.49% 11224.90 forward-arrow
Nifty Serv Sector
33049.50
arrowup arrowndown
90.60 0.27% 32958.90 forward-arrow
NIFTY SMLCAP 100
19631.65
arrowup arrowndown
-25.70 -0.13% 19657.35 forward-arrow
NIFTY SMLCAP 250
18455.20
arrowup arrowndown
-47.45 -0.26% 18502.65 forward-arrow
NIFTY100 EQL Wgt
32839.35
arrowup arrowndown
-64.00 -0.19% 32903.35 forward-arrow
NIFTY100 LowVol30
19638.35
arrowup arrowndown
-49.90 -0.25% 19688.25 forward-arrow
NIFTY100 Qualty30
5787.85
arrowup arrowndown
2.90 0.05% 5784.95 forward-arrow
Nifty100ESGSecLdr
4115.95
arrowup arrowndown
-1.05 -0.03% 4117.00 forward-arrow
NAME PRICE CHANGE CHANGE % PREVIOUS CLOSE
SENSEX
81514.16
-11.98 -0.01% 81526.14 forward-arrow
BSE100
26168.50
-5.50 -0.02% 26174.00 forward-arrow
SNSX50
25899.51
-13.48 -0.05% 25912.99 forward-arrow
BSE200
11406.87
-6.71 -0.06% 11413.58 forward-arrow
BSE500
36703.99
-32.38 -0.09% 36736.37 forward-arrow
BSE CG
73302.00
-217.41 -0.30% 73519.41 forward-arrow
BSE CD
66325.22
-169.57 -0.26% 66494.79 forward-arrow
BSEPSU
20400.19
-81.15 -0.40% 20481.34 forward-arrow
TECK
20452.58
200.71 0.99% 20251.87 forward-arrow
BANKEX
60740.92
-26.71 -0.04% 60767.63 forward-arrow
AUTO
53804.47
-191.03 -0.35% 53995.50 forward-arrow
METAL
31920.19
-95.93 -0.30% 32016.12 forward-arrow
OILGAS
27118.13
-98.43 -0.36% 27216.56 forward-arrow
DOL30
7885.43
-1.78 -0.02% 7887.21 forward-arrow
DOL100
3189.78
-0.89 -0.03% 3190.67 forward-arrow
DOL200
2237.69
-1.49 -0.07% 2239.18 forward-arrow
REALTY
8481.23
-33.50 -0.39% 8514.73 forward-arrow
POWER
7543.18
-39.19 -0.52% 7582.37 forward-arrow
BSEIPO
16731.12
-112.97 -0.67% 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
112756.75
-771.65 -0.68% 113528.40 forward-arrow
INFRA
646.10
-3.19 -0.49% 649.29 forward-arrow
CPSE
3980.14
-11.30 -0.28% 3991.44 forward-arrow
MIDCAP
48033.83
-50.90 -0.11% 48084.73 forward-arrow
SMLCAP
57513.31
-190.17 -0.33% 57703.48 forward-arrow
BSEFMC
20788.18
-94.27 -0.45% 20882.45 forward-arrow
BSE HC
44385.59
-47.47 -0.11% 44433.06 forward-arrow
BSE IT
45650.81
510.69 1.13% 45140.12 forward-arrow
MFG
1023.30
-4.97 -0.48% 1028.27 forward-arrow
ALLCAP
10471.31
71.07 0.68% 10400.24 forward-arrow
COMDTY
7687.09
-40.53 -0.52% 7727.62 forward-arrow
CONDIS
10184.17
-28.68 -0.28% 10212.85 forward-arrow
ENERGY
11435.39
-67.66 -0.59% 11503.05 forward-arrow
FINSER
11995.26
-6.80 -0.06% 12002.06 forward-arrow
INDSTR
15957.32
-34.48 -0.22% 15991.80 forward-arrow
LRGCAP
9607.86
-5.26 -0.05% 9613.12 forward-arrow
MIDSEL
18003.10
36.04 0.20% 17967.06 forward-arrow
SMLSEL
8502.27
-29.17 -0.34% 8531.44 forward-arrow
TELCOM
2972.20
7.90 0.27% 2964.30 forward-arrow
UTILS
5765.19
-33.27 -0.57% 5798.46 forward-arrow
BHRT22
9047.93
-42.37 -0.47% 9090.30 forward-arrow
ESG100
408.80
-0.25 -0.06% 409.05 forward-arrow
MID150
16518.48
-13.92 -0.08% 16532.40 forward-arrow
SML250
7395.09
-19.24 -0.26% 7414.33 forward-arrow
LMI250
10829.52
-7.42 -0.07% 10836.94 forward-arrow
MSL400
12631.57
-18.58 -0.15% 12650.15 forward-arrow
BSEDSI
1038.06
-1.92 -0.18% 1039.98 forward-arrow
BSEEVI
948.24
-4.31 -0.45% 952.55 forward-arrow
BSELVI
1796.92
-4.57 -0.25% 1801.49 forward-arrow
BSEMOI
2335.92
-1.39 -0.06% 2337.31 forward-arrow
BSEQUI
1854.21
-1.28 -0.07% 1855.49 forward-arrow
DFRGRI
1488.47
1.23 0.08% 1487.24 forward-arrow
LCTMCI
9225.00
-5.95 -0.06% 9230.95 forward-arrow
BSEPBI
18873.19
2.26 0.01% 18870.93 forward-arrow

Stay Updated with Market News and Updates

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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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