What is sensex? How it is calculated?
Answers were Sorted based on User's Feedback
Answer / chandu
sensex is nothing but sensitivity of market. it is
calculated on the basis of free-flot market capitaliasation
of 30 companies.
Is This Answer Correct ? | 29 Yes | 7 No |
Answer / manoj dinodia
Sensex is an abreviation of Sensitive Index - the benchmark
index of BSE. The index is calculated based on a free-float
capitalization method when weighting the effect of a
company on the index.The free-float method, therefore, does
not include restricted stocks, such as those held by
company insiders that can't be readily sold.
Is This Answer Correct ? | 22 Yes | 4 No |
Answer / fasihuddin
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.
Is This Answer Correct ? | 13 Yes | 2 No |
Answer / vijay
sensex anonym was sensitivity index it is an index of top
30companies which are performing at bse
Is This Answer Correct ? | 9 Yes | 2 No |
Answer / lakshmi
It is a company share.and it is calculated using the formula
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pratik
Sensex is the benchmark of Indian stock markets that is
sensitive index it is calculated on the basis of free float
market capitalization as other indexes do.
Is This Answer Correct ? | 7 Yes | 9 No |
Answer / bhanu ranjan
this is calculated by a formula which u all dont know.
Is This Answer Correct ? | 1 Yes | 3 No |
Answer / sait
sensex usedin bombaystock exchang it mean sensitve intex
it basically select on all sector on top30 bluechip company
based
Is This Answer Correct ? | 0 Yes | 3 No |
Answer / himanshu
Sensex measures the senitivity of the stock market and
which is calculated on the basis of price fluctuations of
30 listed cos in the market.
Is This Answer Correct ? | 1 Yes | 5 No |
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