sensex could be construd as sensitive index and nifty as
national fifty.... sensex is the index of BSE while NIFTY
is the index of NSE....sensex consists of the 30 largest
and most actively traded stocks, representative of various
sectors, on the Bombay Stock Exchange. These companies
account for around one-fifth of the market capitalization
of the BSE.
whereas nifty consists of 50 stocks
Sensex & Nifty both are an "index".An index is basically an
indicator giving you a general idea about whether most of
the stocks have gone up or most of the stocks have gone
Sensex is an index of Bombay Stock Exchange (BSE)
Nifty is an index of National Stock Exchange(NSE)
Sensex and Nifty both are an "index".An index is basically
an indicator it indicates whether most of the stocks have
gone up or most of the stocks have gone down. Sensex is an
Baromater index of Bombay Stock Exchange (BSE) and Nifty is
baromater index of National Stock Exchange(NSE)
I think this is one of the best answer for the above
The SENSEX, short form of the BSE-Sensitive Index, is
a "Market Capitalization-WEighted" index of 30 stocks
representing a sample of large, well-established and
financially sound companies. The index is widely used to
measure the performance of the Indian stock markets.
The NSE S&P CNX Nifty 50 index is a well diversified 50
stock index accounting for 24 sectors of the economy. It is
used for a variety of purposes such as benchmarking fund
portfolios, index based derivatives and index funds.
What is stock transfer? for ex: if i purchase a product in
chennai and i tranfer it to our branch which is in
bangalore. shall the blr office can bill the product to
their customer in blr.(purchse frm chennai and bill in blr
office is possible?