The sets of nonbinary pseudorandom sequences (NPSs) for periods N = p^S– 1 20 000 (p = 3, 5,7, and 11) generated in finite fields GF(pS) whose power is V = N + 1 and the maximum of the module of peaks of the periodic autocorrelation function (PACF) and periodic cross-correlation function (PCCF) satisfy the bounds obtained by Sidel’nikov. In addition to the minimal polynomials of elements α and α^2 , where α is a primitive element of field GF(p^S), the minimal polynomials of elements α and α^(i_d)(i_d is the decimation index) are determined on the basis of which the new sets of NPSs can be formed with the equivalent correlation properties. Sets of indices i_d 2 are determined for various combinations of parameters p and S. The cases of even and odd values of parameter S are considered, for which the values of the PACF and PCCF with the maximum module are obtained and the number and values of different levels of correlation functions are determined.