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Answer Posted / sharad misra
Sensex is the weighted Index of the Top 30 securities
traded on BSE which account for approximately 20% of the
total market capitalisation of all the securities listed on
BSE representing 21 sectors of the Indian industries.
Nifty on the other hand comprises of top fifty securities
of the total securities listed on National Stock exchange
representing 24 sectors of the indian industries and
accounts for approximately 60% of the total market
capitalisation of the stocks listed on NSE. These
securities are hand picked by an index committee every year
based on a few criteria e.g Thery should have been traded
on every trading day in the previous year, should have a
low beta (sensitvity to index movements)e.t.c
| Is This Answer Correct ? | 22 Yes | 2 No |
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