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The Bombay Stock Exchange Limited has the greatest number of listed companies in the world, with 4700 listed as of August 2007. It is located at Dalal Street, Mumbai, India. On 31 December 2007, the equity market capitalization of the companies listed on the BSE was US$ 1.79 trillion, making it the largest stock exchange in South Asia and the 12th largest in the world. Around 6,000 Indian companies list on the stock exchange, and it has a significant trading volume. The BSE SENSEX (SENSitive indEX), also called the "BSE 30", is a widely used market index in India and Asia. Though many other exchanges exist, BSE and the National Stock Exchange of India account for most of the trading in shares in India.
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How can you understand the ups and downs of sensex?
SENSEX is an index of 30 companies listed on the Bombay Stock Exchange. SENSEX has been the main measure of the health of the Indiana stock market.
What is today's trend of Indian stock market?
The Indian stock market as represented by the SENSEX has been in a pronounced uptrend for the past ten years. From a low of about 17,500 last August the SENSEX has climbed to a recent price of about 25,550 or a gain of 46 percent. The SENSEX, also known as the S&P Bombay Stock Exchange Sensitive Index, is comprised of 30 of the largest blue chip companies operating in India. In 2004 the SENSEX was at 5,000. The rise of the Indian stock market was briefly interrupted by the global financial crisis of 2008 when the SENSEX plunged from 20,000 to about 10,000.
What number of scripts are used to calculate sensex?
Top 30 Companies with highest market capitalization, are taken into consideration for calculation of BSE SENSEX. For more details to understand what "Market Capitalization" is and for all, pls visit www.indiahowto.com. Pls go-through the article "How to calculate BSE Sensex?" in the site. Srinivas Kamuju 09848408006
How the sensex point will increase and decrease?
The Sensex likes to climb uphill like those nursery rhyme characters, Jack and Jill. And then, just like them, it comes tumbling down (causing many heartbroken Jack and Jills to lose their wallets in the bargain).Have you ever wondered what makes the Sensex move and who decides how it should move?Undoubtedly, you have heard your share of eerie stories. Like the one about the mysterious unseen hand that moves the market. Or how the market has a mind of its own.In reality, though, 30 stocks decide what the Sensex does.In Sensex? What's that?, we explained what the Sensex is made of. Now, let's see what makes it move.As you know, the Sensex comprises of 30 stocks. When the prices of these stocks increase, the Sensex goes up. When the prices decrease, the Sensex falls.It sounds simple but it still does not answer the 'how' question.Well, there is the market cap methodEach of the 30 stocks in the Sensex has a weight attached to it. This weight depends on the market capitalisation of the stock.Market capitalisation refers to the number of shares of a company multiplied by its market value (the price of each share). For instance, if a company has 10 million shares whose value is Rs 30 per share on November 1, 2004, it will have a market cap of Rs 300 million on November 1, 2004.If the market cap of the 30 Sensex stocks is Rs 3,00,000 crore and the market cap of ITC (which is one of the 30 shares that make up the Sensex) is Rs 20,000 crore, then ITC's weight in the Sensex is 6.66 percent.The rise or fall in the price of ITC's shares will impact the Sensex to that extent.This is referred to as the full market capitalisation methodology.Now, let's check free-float weightageThe Sensex shifted to the free-float weightage method on September 1, 2003.Here, a company's entire lot of shares are not taken into account (which means we are not looking at the entire market capitalisation). Only the shares readily available for trading are considered.In every company, a certain amount of shares are not available for trading on the stock exchange. These shares could be held by the government or the promoters of the company. Under the free-float weightage method, they are not taken into account.How does the stock exchange arrive at this weightage?In this case, the market cap is multiplied by the free float factor (which is the proportion of a company's shares that can be readily bought and sold).The Sensex's free float market cap at close of business on December 3 was Rs 3,66,124 crore.Unlike the Sensex, the 50 stocks in Nifty -- the index of the National Stock Exchange -- is based on the market cap method and not the free-float method.Sounds scary, does it not? Just 30 stocks can send the Sensex soaring or plummeting. What makes the difference is the fact that these are the most actively traded stocks in the market.In fact, they account for half the BSE's market capitalisation. They also represent 13 sectors of the economy and are leaders in their respective industries. Which means they are fairly representative of the stock market.
What is the name of the stock market in India?
The Indian stock market is called the BSE Sensex which is short for Bombay Stock Exchange Sensitive Index.
What time does the sensex open and close GMT?
hi, sensex Opening Time- 9.30 AM (as per Indian time) Closing Time - 3.30 PM (including Post market its 4.00 PM) Vanathi
Meaning of sensex?
BSE Index or SENSEX: The BSE Index or the Sensex as it is popularly known, is the index of the performance of the 30 largest & most profitable, popular companies listed in the index. Each company that is part of the index has its own weightage in the value of the Index. Since the number of companies is lesser, the index variations are higher when compared to the Nifty index.
What is the abbreviation of the word SENSEX?
There is no abbreviation for SENSEX
How sensex affects the Indian economy?
sensex doesnt affects economy but economy affects sensex
How the bse sensex is calculated?
by sensex system calculation
What is the full form of 'SENSEX'?
SENSEX MEANS SENSITIVE INDEX.
Who coined the term sensex?
Sensex term was coined by Deepak Mohoni
