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It is about share market.Tell me also NIFTI.

2006-06-13 19:27:44 · 6 answers · asked by Anonymous in Business & Finance Investing

6 answers

its actually sensex (sensitive index). Its the stock index of Bombay stock exchange. One can know how stocks are doing based on the movement of the sensex. The higher it goes the better the stocks are doing. I hope this gets u started!! good luck

2006-06-13 19:52:46 · answer #1 · answered by raj 2 · 0 0

Dear Friend,

The Sensex is the oldest index in the country.
It was born in 1986.

It is the benchmark index for the Indian stock market. It is the most frequently used indictor while reporting on the state of the market.

The index has just one job: To capture the price movement. So a stock index will reflect the price movements of shares while a bond index captures the manner in which bond prices go up or down.

If the Sensex rises, it indicates the market is doing well. Since stocks are supposed to reflect what companies expect to earn in the future, a rising index indicates investors expect better earnings from companies.

It is, therefore, also a measure of the state of the Indian economy. If Indian companies are expected to do well, obviously the economy should do well too.

In case you are wondering why a stock market index has a provocative term like Sensex, let me tell you it stands for something quite mundane -- The Bombay Stock Exchange Sensitive Index.

NIFTY:
National Stock Exchange has an index called the Nifty (officially called S&P CNX Nifty). This name can be credited to the 50 stocks that comprise its index.

2006-06-13 19:39:39 · answer #2 · answered by V P 2 · 0 0

Investment :)
The commonly used name for the Bombay Stock Exchange Sensitive Index - an index composed of 30 of the largest and most actively traded stocks on the Bombay Stock Exchange (BSE).Bomabay(INDIA)

2006-06-13 19:35:29 · answer #3 · answered by noor ahamed s 2 · 0 0

BSE SENSEX
Bombay stock exchange sensitive index
It is the Indian stock market index, Google BSE Sensex for details.

2006-06-13 19:41:38 · answer #4 · answered by Anonymous · 0 0

sensex maybe
it is the indicator of the stock markets present climate

2006-06-14 05:33:57 · answer #5 · answered by Anonymous · 0 0

i think buttdarts maybe

2006-06-13 19:29:33 · answer #6 · answered by Chadders 4 · 0 0

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