What is Sensex?
What is Nifty ?
Difference between these two
- 123 Answers
- 369618 Views
- Aban Offshore, Birla Sun Life, BSE, Capston, CTS, FII, Fortune, ICFAI, ICICI, IFCI, JPMorgan Chase, Max Newyork Life Insurance, Oil India, Religare, RMS, Satyam, TATA, TCS, Tiwari Enterprises, UIT, Wipro, XYZ, I also Faced
- E-Mail Answers
Answer Posted / shailendra kumar
SENSEX - SENSITIVITY INDEX : NIFTY - NATIONAL FIFTY
An abbreviation of the Bombay Exchange Sensitive Index
(Sensex) - the benchmark index of the Bombay Stock Exchange
(BSE). It is composed of 30 of the largest and most
actively-traded stocks on the BSE. Initially compiled in
1986, the Sensex is the oldest stock index in India.
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.
These are the major stock exchanges in the country. There
are other stock exchanges like the Calcutta Stock Exchange
etc. but they are not as popular as the BSE and the NSE.
Most of the stock trading in the country is done though the
BSE & the NSE. Besides Sensex and the Nifty there are many
other indexes. There is an index that gives you an idea
about whether the mid-cap stocks go up and down. This is
called the “BSE Mid-cap Index”. There are many other types
of indexes.
Indexes are indicators of the market which gives you a
General idea about whether most of the stocks have gone up
Or down. There are two types of INDEXES:
1) SENSEX: SENSITIVITY INDEX Sensex is nothing but index of
BSE.
It has got 30 listed companies. On the other hand,
2) NIFTY: NATIONAL FIFTY and it is nothing but the index of
NSE.
It has got 50 listed companies
| Is This Answer Correct ? | 269 Yes | 27 No |
Post New Answer View All Answers
What are the stages involved while preparing business blue print with examples?
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
Hi frnds, can any one tell me how much funds has to be there to convince financially sound during the visa interview and what supporting documents has to be produced. What is backlogs means.....hope the best known will answer.
What is re-financing in Letter of Credit settlement
what is Exposure ?
what is cc limit and what role accountant play to maintain it?
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
Expand--------CMTS
Give me total Details of payroll calculation, payslip with examples.
Breif notes about accounting standards
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
Short Answer on ______________Import Trade
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
Reserve Capital and Reserve Capital
