Moneycontrol
Get App
you are here: Moneycontrol Market Indices NIFTY METAL

NIFTY METAL

Oct 11, 16:10

2337.10 53.75 (2.35%)

  Intraday 52 Week
OPEN: 2,300.75 HIGH: 2,357.50 3,480.35
PREV CLOSE: 2,283.35 LOW: 2,300.00 2,174.10
Returns - NIFTY METAL
YTD 1 Week 1 Month 3 Months 6 Months 1 Year 2 Year 3 Year
-25.91% -1.90% -5.40% -17.20% -26.50% -33.60% -38.60% -15.80%
Simple Moving Averages
Month Oct'19 Sep'19 Aug'19 Jul'19 Jun'19 May'19
HIGH 2449.75 2576.25 2572.05 3022.45 3044.50 3108.95
LOW 2252.35 2198.85 2174.10 2495.40 2838.30 2760.35
CLOSE 2337.10 2439.85 2289.95 2588.15 2980.20 2900.40
POSITIVE CONTRIBUTIONS
Company Points
Coal India 15.32
Vedanta 12.12
Hind Zinc 6.77
Hindalco 6.14
Tata Steel 5.63
NEGATIVE CONTRIBUTIONS
Company Points
NALCO -1.13
APL Apollo -0.18
The CNX Metal Index is designed to reflect the behavior and performance of the Metals sector including mining. The CNX Metal Index comprises of 15 stocks that are listed on the National Stock Exchange.

The CNX Metal Index represents about 4.17% of the free float market capitalization of the stocks listed on NSE and 73.00% of the free float market capitalization of the stocks forming part of the Metals universe as on December 31, 2012.

The total traded value for the last six months ending December 2012 of all index constituents is approximately 5.41% of the traded value of all stocks on NSE and 79.37% of the traded value of the stocks forming part of the Metals universe.

Source : NSE
CNX Metal Index is computed using free float market capitalization method with a base date of January 1, 2004 indexed to a base value of 1000, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value. The method also takes into account constituent changes in the index and importantly corporate actions such as stock splits, right issue, new issue of shares etc. without affecting the index value.

Source : NSE
Criteria governing CNX Metal Index:

  • Companies must rank within the top 500 companies by average free-float market capitalisation and aggregate turnover for the last six months.
  • The company's trading frequency should be at least 90% in the last 6 months.
  • The company should have reported a positive net worth.
  • The company should have a listing history of 6 months. A company which comes out with an IPO will be eligible for inclusion in the index, if it fulfils the normal eligibility criteria for the index for a 3 month period instead of a 6 month period.
  • Final selection of 15 companies shall be done based on the free-float market capitalization of the companies.
  • The review will take place on a semi-annual basis.
Source : NSE

Stock Market Message Board

Forum | Add a comment...

See More

active boarders
bluechips_01

bluechips_01

Silver Member

2338 Messages

See More

What`s Your Opinion

Do you think the promises made by BJP in its manifesto are deliverable?

  • Yes
  • No
  • Can`t say

Submit

See More

Sections
Follow us on
Available On
PCI DSS Compliant