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What is Sensex?
What is Nifty ?
Difference between these two
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Answer Posted / vijay gawalkar
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.
| Is This Answer Correct ? | 269 Yes | 89 No |
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