Why do we say that stock market has gained points or lost points?
what are the factors which determine the gain and loss of any sensex??
2007-07-29 19:54:04 · 2 answers · asked by mohit 2 in Business & Finance ➔ Investing
Not sure what a sensex is. If you mean index, there are hundreds that are set up with varying rules. The most common scheme is like the Standard & Poor's 100. That index is based on the 100 biggest companies (measured by market capitalization) in the US. To get the value of the index, they add all the prices, weighting each stock price according to its market capitalization, and divide the resulting number by a set divisor that gets the number to a more reasonable value.
If the most popular indexes are up, that's generalized as "the stock market is up." If some are up and some are down, that's generalized as "the stock market is mixed."
2007-07-29 20:10:42 · answer #1 · answered by Houyhnhnm 6 · 0⤊ 0⤋
There isn't a real market most people are talking about the Dow Jones Industrial Average which is just 30 companies stock if those companies have less value the Dow will go down but if they have good earnings or something the Dow will go up.
2007-07-30 02:59:46 · answer #2 · answered by shipwreck 7 · 0⤊ 0⤋