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+11.4(+0.17%)
Stock name
Price/ change
BHARAT ELECTRONICS LTD
-0.7 (-0.16%)
COAL INDIA LTD
-0.45 (-0.12%)
NBCC (INDIA) LIMITED
-2.57 (-2.14%)
NHPC LTD
+0.26 (+0.31%)
NLC INDIA LIMITED
-2.22 (-0.97%)
NTPC LTD
+0.85 (+0.25%)
OIL AND NATURAL GAS CORP.
+2.98 (+1.24%)
OIL INDIA LTD
+17.05 (+3.91%)
POWER GRID CORP. LTD.
-1.15 (-0.39%)
SJVN LTD
-0.61 (-0.62%)
Launched by the NSE on 31 March 2014, the Nifty CPSE Index monitors the performance of leading Central Public Sector Enterprises (CPSEs) in India. It comprises select government-owned companies listed on the stock exchange, offering insights into their market trends and financial health. This index helps investors track CPSE stocks' collective performance, making it a valuable benchmark for evaluating public sector investments. By focusing on top-performing CPSEs, it aids in understanding their role in India's economic landscape and market contribution, providing a crucial reference point for institutional and retail investors alike.
Launched by the NSE on 31 March 2014, the Nifty CPSE Index monitors the performance of leading Central Public Sector Enterprises (CPSEs) in India. It comprises select government-owned companies listed on the stock exchange, offering insights into their market trends and financial health. This index helps investors track CPSE stocks' collective performance, making it a valuable benchmark for evaluating public sector investments. By focusing on top-performing CPSEs, it aids in understanding their role in India's economic landscape and market contribution, providing a crucial reference point for institutional and retail investors alike.
The NIFTY CPSE Index is a thematic index on the NSE, launched to support the government's divestment initiative in select Central Public Sector Enterprises (CPSEs). Introduced on 18 March 2014 with a base date of 1 January 2009 and a base value of 1,000, it forms the basis of the CPSE ETF, used for disinvestment. The index includes 12 stocks across five sectors: Power, Oil, Gas & Consumable Fuels, Capital Goods, Metals & Mining, and Construction. Rebalanced quarterly with a 20% capping, it is managed by NSE Indices Limited. A three-tier structure oversees its governance, ensuring methodological integrity and market relevance.
The NIFTY CPSE Index is a thematic index on the NSE, launched to support the government's divestment initiative in select Central Public Sector Enterprises (CPSEs). Introduced on 18 March 2014 with a base date of 1 January 2009 and a base value of 1,000, it forms the basis of the CPSE ETF, used for disinvestment. The index includes 12 stocks across five sectors: Power, Oil, Gas & Consumable Fuels, Capital Goods, Metals & Mining, and Construction. Rebalanced quarterly with a 20% capping, it is managed by NSE Indices Limited. A three-tier structure oversees its governance, ensuring methodological integrity and market relevance.
The NIFTY CPSE share price is calculated by weighting its 12 stocks based on periodically capped free-float market capitalization relative to a base value in real-time. To be included, a security must be NSE-listed, feature in the Department of Public Enterprises' CPSE list, have 51% government ownership, and maintain an average float-adjusted market cap above ₹1,000 crore (as of December 2019). CPSEs listed post-1 January 2004 are added in the following quarter. Initially capped at 25%, weights are now rebalanced quarterly at 20%. Index reviews occur for corporate actions, with changes subject to formal requests from the CPSE ETF issuer AMC.
The NIFTY CPSE share price is calculated by weighting its 12 stocks based on periodically capped free-float market capitalization relative to a base value in real-time. To be included, a security must be NSE-listed, feature in the Department of Public Enterprises' CPSE list, have 51% government ownership, and maintain an average float-adjusted market cap above ₹1,000 crore (as of December 2019). CPSEs listed post-1 January 2004 are added in the following quarter. Initially capped at 25%, weights are now rebalanced quarterly at 20%. Index reviews occur for corporate actions, with changes subject to formal requests from the CPSE ETF issuer AMC.
The Nifty CPSE Index tracks the government's disinvestment in Central Public Sector Enterprises (CPSEs) via the ETF route. It monitors the performance of 10 selected CPSEs listed on the NSE, using a free-float market capitalization method. To identify top-quality stocks from the index, investors can use Equitymaster’s Indian stock screener, which also allows customised screening based on specific criteria, helping investors make informed decisions while analysing CPSE stocks for potential investment opportunities.
You can buy Nifty CPSE shares through any registered brokerage firm. Simply open a trading account with a licensed broker, access the stock exchange, and place an order to purchase Nifty CPSE shares. Ensure that the brokerage platform you choose is authorised and provides seamless transaction services for investing in CPSE stocks.
The government chose the ETF route for disinvestment, with the CPSE ETF designed to track the performance of the Nifty CPSE Index.
The Nifty CPSE Index Value is calculated based on the market capitalization of leading Central Public Sector Enterprises (CPSEs) listed on the National Stock Exchange. It serves as an indicator of their stock performance, offering a comprehensive measure of their overall market value.
With over 51% government ownership (held through the Government of India or the President of India) under the promoter category. Companies must also have an average free-float market capitalization exceeding ₹1,000 crore.
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