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BSE Stock Exchange - Sensitive Index...
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.
SensexWhat Does Sensex Mean?An abbreviation of the Bombay Exchange Sensitive Index (Sensex) - the benchmark index of the Bombay Stock Exchange (BSE). It is composed of 30 of the largest and most actively traded stocks on the BSE. Initially compiled in 1986, the Sensex is the oldest stock index in India.
The Indian stock market is called the BSE Sensex which is short for Bombay Stock Exchange Sensitive Index.
Nifty - This is the name of the index of the National Stock Exchange (NSE) Sensex - This is the name of the index of the Bombay Stock Exchange (BSE)
Sensex stands Bombay Exchange Sensitive Index. It gives an indicator whether stocks have gone up or gone down in all the major companies of the BSE.
The index is the consolidated view of the performance of the stock market. Let us take the example of the Bombay stock exchange BSE. The index of the BSE is called the Sensex. Though there are 1000s of companies listed in the BSE, the top 30 companies in the BSE form the sensex index. A weighted average of the prices of these 30 companies is used as an indicative value of the performance of all the companies in the exchange.
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.
The Sensex is an "index". What is an index? An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down. The Sensex is an indicator of all the major companies of the BSE. The Nifty is an indicator of all the major companies of the NSE. If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down. Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE. Just in case you are confused, the BSE, is the Bombay Stock Exchange and the NSE is the National Stock Exchange. The BSE is situated at Bombay and the NSE is situated at Delhi. These are the major stock exchanges in the country. There are other stock exchanges like the Calcutta Stock Exchange etc. but they are not as popular as the BSE and the NSE.Most of the stock trading in the country is done though the BSE & the NSE. Besides Sensex and the Nifty there are many other indexes. There is an index that gives you an idea about whether the mid-cap stocks go up and down. This is called the
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.
The BSE Sensex, or Bombay Stock Exchange Sensitive Index, is a market-capitalization-weighted index. This means that companies with a higher market capitalization have a greater influence on the index's overall value. Specifically, the weightage of each stock in the Sensex is calculated based on its free-float market capitalization, which considers only the shares available for public trading. Therefore, larger companies impact the index more significantly than smaller ones.
The Bombay Stock Exchange 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,[3] 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.