MCX Stock Exchange (MCX-SX) begins trading in equities on Monday (11/02/2013). With its 40-stock index named SX40, MCX-SX is the third full-fledged equity bourse after BSE and NSE. The bourse was formally launched by Finance Minister P. Chidambaram on Saturday (09/02/2013).
SX40 is a free-float based index of large-cap and liquid stocks, representing diverse sectors. The index is designed to measure the economic performance with better representation of various industries and sectors based on the ICB (industry classification benchmark), a global classification from the FTSE of the London bourse. Under the capital market segment, initially equity shares of 1,116 companies is admitted for trading under the “permitted to trade” category
The index allows fast entry for companies with better free float, market cap and liquidity. SX40 includes companies that have a minimum free float of 10 per cent and is within the top 100 liquid companies, MCX-SX Managing Director & Chief Executive Joseph Massey said.
List of SX40 Companies
|ACC LTD||DR. REDDY’S LABORATORIES||ITC LTD||RELIANCE INDUSTRIES LTD|
|AMBUJA CEMENTS LTD||GAIL (INDIA) LTD||JINDAL STEEL & POWER LTD||SUN PHARMACEUTICALS IND.|
|ASIAN PAINTS LTD||HCL TECHNOLOGIES LTD||JAIPRAKASH ASSOCIATES LTD||TATA MOTORS LTD|
|BAJAJ AUTO LTD||HDFC LTD||LARSEN & TOUBRO LTD.||TATA POWER CO LTD|
|BHARTI AIRTEL LTD||HDFC BANK LTD||LUPIN LTD||TATA STEEL LTD|
|BHEL||HERO MOTOCORP LTD||MAHINDRA & MAHINDRA LTD||TATA CONSULTANCY SERV LTD|
|BHARAT PETROLEUM CORP LTD||HINDALCO INDUSTRIES LTD||MARUTI SUZUKI INDIA LTD.||TITAN INDUSTRIES LTD|
|CAIRN INDIA LTD||HINDUSTAN UNILEVER LTD.||NTPC LTD||UNITED SPIRTS LTD|
|CIPLA LTD||ICICI BANK LTD.||OIL AND NATURAL GAS CORP.||WIPRO LTD|
|COAL INDIA LTD||INFOSYS LTD||POWER GRID CORP. LTD||ZEE ENETERTAINMENT LTD|