What is Sensex and Nifty

What is Sensex and Nifty

The NIFTY 50 index is National Stock Exchange of India

There is to main exchange of stock market:
1. NSE (National Stock Exchange)
2. BSE (Bombay Stock Exchange)

BSE started in 1875 and this is Asia’s oldest exchange and world’s 12th largest exchange

BSE MAIN INDEX IS SENSEX

The BSE SENSEX (also known as the S&P Bombay Stock Exchange Sensitive Index or simply the SENSEX) is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange. The 30 component companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978–79. On 25 July 2001 BSE launched DOLLEX-30, a dollar-linked version of the SENSEX.
As of 25th September 2017, the full market capitalization of SENSEX was about ₹54,637.0878 billion (US$760 billion) (37% of GDP) while its free-float market capitalization was ₹30,094.2286 billion (US$419 billion). During 2008-12, Sensex 30 Index share of BSE market capitalization fell from 49% to 25% due to the rise of sectoral indices like BSE PSU, Bankex and BSE-TECk.
NSE Started 1992 and world’s 10th largest stock

NSE MAIN INDEX NIFTY

The NIFTY 50 index is National Stock Exchange of India’s benchmark broad based stock market index for the Indian equity market. Full form of NIFTY is National Stock Exchange Fifty. It represents the weighted average of 50 Indian company stocks in 12 sectors and is one of the two main stock indices used in India, the other being the BSE Sensex.

More than 5500 companies are registered in BSE

More than 1600 companies are registered in NSE

we can judge Indian market through Nifty & Sensex

if Sensex and nifty is green then market is up
if Sensex and nifty is Red then market is Down

SENSEX = SENSETIVE + INDEX
NIFTY = National + Fifty

To learn more you can check our video

https://youtu.be/AuxlDLEuK68

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