2007-01-08 00:09:05 · 7 answers · asked by ravi s 1 in Business & Finance ➔ Investing
The BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted index composed of 30 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.
The base value of the Sensex is 100 on April 1, 1979 and the base year of BSE-SENSEX is 1978-79.
At irregular intervals, the Bombay Stock Exchange (BSE) authorities review and modify its composition to make sure it reflects current market conditions.
The abbreviated form "Sensex" was coined by Deepak Mohoni around 1990 while writing market analysis columns for some of the business newspapers and magazines. It gained popularity over the next year or two.
The stock market has grown by over ten times from June 1990 to today. Using information from April 1979 onwards, the long-run rate of return on the BSE Sensex can be estimated to be 0.52% per week (continuously compounded) with a standard deviation of 3.67%. This translates to 27% per annum, which translates to roughly 18% per annum after compensating for inflation.
check this link for further details; your question is rather vague as to what you want to know.
http://en.wikipedia.org/wiki/BSE_Sensex
2007-01-08 00:14:17 · answer #1 · answered by bc_is_the_place_to_be 4 · 0⤊ 0⤋
bc_is_the... (above) has given a very good reply about the genesis, composition and construction of sensex. The update on the average returns since the beginning of the index is also provided. Probably, you wanted to know the movements of sensex during the latest week i.e., the week ending on 7th Jan 07
It stood at 13861 at the close and recorded a ROW (week on week return) of 0.5 and an ROY (year-on-year return) of 44.1.
2007-01-08 08:32:09 · answer #2 · answered by braj k 3 · 0⤊ 0⤋
Keep watching news channels, particularly CNBC , they keep you updated on sensex.
2007-01-08 08:13:15 · answer #3 · answered by Shemit 6 · 0⤊ 0⤋
13K to 14K range bound due to lack to direction in the US markets. Oil is down, inflation is benign and there is no major news forecasted to take it one direction or another.
Indian Budget news leaks are taking it for a ride up and down, and there are technicians saying that there is a great H&S pattern, which is why they took it down at first.
Good luck to all.....
KKP_Investor
2007-01-09 17:44:27 · answer #4 · answered by KKP_Investor 3 · 0⤊ 0⤋
Nifty 4055 4135 4265 SL 3955
relative value of BSE
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2007-01-08 12:52:45 · answer #5 · answered by dinu_pawar 5 · 0⤊ 0⤋
THE NIFTY IS AROUND 3850-3875. THE SENSES IS AROUND
13300 TO 13500. THE MARKET IS DOWNTREND IN SHORT TIME. SO, THE MARKET WILL DOWN IN THIS WEEK.
2007-01-08 09:05:35 · answer #6 · answered by kvp s 1 · 0⤊ 0⤋
Tuesday low is low this week and high 300to400 point Tuesday low level
2007-01-08 11:05:14 · answer #7 · answered by rajesh 1 · 0⤊ 1⤋