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The Sensex is managed and operated by a joint venture between BSE and S&P Dow Jones Indices, a global index manager.
The composition of the Sensex is recast or modified from time to time to represent the true composition of the market.
Stocks in the eligible universe must satisfy the following eligibility criteria in order to be considered for inclusion in the Sensex.
First of all, the stocks must have a listing history of at least six months on BSE.
Market participants need to get registered with the stock exchange and market regulator Sebi to be able to trade in the stock market.
It is the oldest index in the country, while the Bombay Stock Exchange, now called BSE Limited, is the oldest exchange in Asia.
The qualified stock has to trade on every trading day on BSE during the six-month reference period.