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Answer Posted / amit bardhan mohanty
he word Nifty is a combination of two words namely the "N"
from national and "ifty" from fifty. It is an index of
fifty companies listed on the National Stock Exchange in
India. The fifty companies cover twenty two different
sectors of the Indian economy. The Sensex on the other hand
refers to the sensitivity Index of the Bombay Stock
Exchange. The Sensex comprises of the traded stock of the
thirty most traded and active types. It is also
representative and covers various sectors. The stock of the
Nifty companies' accounts for approximately sixty percent
of the stock traded at the National stock exchange, the
Sensex stock accounts for nearly twenty percent of the
capitalization of the Bombay Stock Exchange.
The Sensex suffered its worse performance on the 22nd of
May 2006 when it plunged by around one thousand one hundred
points.
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