what is the meaning of sensex?

Answer 1

The BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted index composed of over 4000 stocks with the base April 1979 = 100. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. These companies account for around one-fifth of the market capitalization of the BSE.

Answer 2

Sensex

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).

On May 22, 2006, the Sensex plunged by a whopping 1100 points during intra-day trading, leading to the suspension of trading for the first time since May 17, 2004. The recent volatility of the Sensex had caused investors to lose Rs 6 lakh crore ($131 billion) in the last seven trading sessions. The Finance Minister, P. Chidambaram, made an unscheduled press statement when trading was suspended to assure investors that nothing was wrong with the fundamentals of the economy, and advised retail investors to stay invested. When trading resumed after the reassurances of the Reserve Bank of India and the Securities and Exchange Board of India, the Sensex managed to move up 700 points, but still 450 points in the red. This is the largest ever intra-day crash (in points terms) in the history of the Sensex.

The Sensex eventually recovered from the volatility, and on October 16, 2006, the Sensex closed at an all-time high of 12,928.18 with an intra-day high of 12,953.76. This was a result of increased confidence in the economy and reports that India's manufacturing sector grew by 11.1% in August 2006.

Answer 3

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. A rise in the sensex means that there is an increase in the market worth

Answer 4

Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange.

The Sensex is generally regarded as the most popular and precise barometer of the Indian stock markets. It is the oldest stock market index currently in use.

The base value of the Sensex is 100 on April 1, 1979.

At irregular intervals, the Bombay Stock Exchange (BSE) authorities review and modify its composition to make sure it reflects current market conditions.

Answer 5

Sensex is nothing but the sensitivity of the market.

In BSE we have 30 blue chips so weighted average price changed of the same stocks (out standing stocks) in a day is known as sensex.

we calculate same for NIFTY 50 (50 blue-chips)

for more
* A stock index (one of many) commonly used as an indicator of changes in the general level of the stock market or stock prices in India. In this index, there are 30 diversified stocks thought to be representative of the market in general.
www.candlestrength.com/stock-trading-glossary.htm

* An index of the 30 most traded stocks on the Bombay Stock Exchange.
www.citibank.com/corpbank/securities/glossaryb.jsp

* The BSE Sensex or BSE Sensitive Index is a value-weighted index composed of 30 companies with the base April 1979 = 100. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. The set of companies in the index is essentially fixed. These companies account for around one-fifth of the market capitalization of the BSE.
en.wikipedia.org/wiki/BSE_Sensex

Answer 6

sensex is the index 4 bombay stock exchang
like wise nifty is the index of nse

Answer 7

For the best answers, search on this site https://shorturl.im/aykeJ

Increase in the prices of shares of various companies..