What is sensex ?

Answer 1

Bombay Stock Exchange Sensitive Index.

click here for more info:
http://en.wikipedia.org/wiki/Sensex

Answer 2

Sensex is an index which measures the state of the Indian stock markets at a point of time. An index,in turn, is an average of its components. And for the sensex, the various components are the stocks traded on the Indian stock markets.
Now, first why an index with different components is necessary?
The plain reason is: each of the components does influence the market and its swings and the effects are vastly varying; however, one overview is needed for determining trading strategies based on the mood and meanderings of the marketl The index provides this overview.
The next question is: how is the index calculated. And the answer is; it is a weighted average of the components comprising the index. The Sensex has the following components along with their respective weights:
Scrip weightin Index
Infosys Tech 11.69
Reliance Ind 11.56
ICICI Bank 9.56
ITC 5.16
Bharati Airtel 5.07
L&T 4.29
ONGC 4.22
HDFC 4.01
Reliance Comm 3.50
Satyam Comp 3.26
SBI 3.08
HDFC Bank 2.88
Tata Consult 2.83
HLL 2.72
Tata Motors 2.64
BHEL 2.20
Bajaj Auto 2.16
Grasim Inds. 2.14
Tata Steel 2.00
Wipro 1.96
NTPC 1.85
Guj. Amb. Cem. 1.73
Hindalco 1.59
Cipla 1.42
ACC 1.40
Maruti Udyog 1.18
Ranbaxy Lab 1.15
Dr. Reddy's 1.07
Reliance Ene 0.89
Hero Honda 0.79
Now, getting the index is a twostep process: One get the day's closing price of each of the stocks comprising the Sensex and multiply it with the respective weight of the stock concerned. Two, obtain the sum of all the products (please note that each of the products is the market capitalization of the concerned stock on that particular day) and this gives you the aggregate index i.e, the Sensex for the day.
Since the prime parameters for selecting stocks for the Sensex are active trading and high volume, the components are reviewed from time to time by an empowered committee of the Bombay Stock Exchange which makes suitable changes, if required.

Answer 3

sensex 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.

Answer 4

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.

What is the Sensex made of?

Thirty stocks. That's right. Just 30 stocks tell you how the market is faring.

Before you throw up your hands in protest, there is something you should know about these 30 stocks.

For one, they are the most actively traded stocks in the market. In fact, they account for half the BSE's market capitalisation (To understand the term market capitalisation, read What's in a share? Money!).

Besides, they represent 13 sectors of the economy and are leaders in their respective industries.

Answer 5

Sensex is a one types of india stock business.
it is also called B.S.E (Bombay Stock Exchange).
we can play many types of companys shares in sensex

Answer 6

sensex is a group of marketing in which the shares are bought and sold.tihs a good question.

Answer 7

sensex stands for sensitive index and it measures the investor's mood on the bourses ....the bombay stock exchange in this case..........it has a preselected list of scrips representing the industry / economy and it's buying and selling pushes the sensex up and down..............the selected scrips are a mix of old timers- investor favourites and new scrips to maintain balance.........................

Answer 8

a heavy-duty PUN in the private Indian bourse.

Answer 9

the status of the share market bye bye

Answer 10

the Bombay stock market!....a place where shares of companies are bought n sold.