What is Sensex?
What is Nifty ?
Difference between these two
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Answer Posted / vivek somani
Sensex refers to "Sensitivity Index" and is generally associated with the stock market indices. There are currently two major stock exchanges in India, the Bombay Stock exchange (BSE) in Bombay and The National Stock Exchange (NSE) in Delhi.
The BSE (30) Sensex is on account of Market capitalization, liquidity and indicator of all the major companies of the BSE. The Nifty (50) is an indicator of all the major companies of the NSE representing 21 major sectors listed on NSE.
If the Sensex goes up, it means that the prices of the stocks of most of the companies under the BSE Sensex (30 companies) 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.
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