BSE MidCap Select Index

BSE MidCap Select Index share price

The S&P BSE MIDCAP SELECT index is a structured and transparent index that tracks the performance of the top 30 companies within the BSE MIDCAP segment. These midcap companies have a market capitalization that falls between large-cap and small-cap companies. 

It gets its value from the share prices of companies that it comprises, which, in turn, rise and fall along with market trends and other indicators. Thus, the index value is dynamic and changes throughout any trading day, reflecting real market activities.

How is the BSE MIDCAP SELECT Index Calculated?

A change in the BSE MIDCAP SELECT share price also affects the value of the S&P BSE MIDCAP SELECT index. This is how the share price is determined:

Total Free-float - Float Market Capitalization x Base Index Value / Base Market Capitalization  

Here, the top 30 MIDCAP businesses' combined free float market capitalization is taken into account. 

How Can I Invest in BSE MidCap Select Index?  

• Make sure your trading, bank, and demat accounts are open.
• Understand the stocks you want to purchase. Examine the BSE MIDCAP SELECT index before engaging in any transactions.
• You can purchase the stocks if you have sufficient money in your trading account.
• On T+1 day, stocks are credited to the demat account.

Is BSE MidCap Select Index a Safe Investment?

There is always some risk associated with the equity market. But following the probability rather than the possibility is more crucial. The BSE Mid Cap Index today is considered a suitable stock investment for all types of investors, as it helps reduce the chances of losing money due to its diversified selection of mid-cap companies.