What Is Sensex ?
Sensex shows the average trend of the top thirty companies of the Bombay Stock Exchange averaging out, whether the shares of the companies are moving up or down The full form of Sensex, the sensitivity index, displays the same The number of Sensex, that it has reached 40,000 marks The number itself means not a lot The value of this number can be understood only upon comparison with the past numbers Because this number has been randomly decided They decided, at the start that the values of the shares of the thirty companies would be this So we compile all the numbers and then say that it is 500 So, gradually, the sensex has been rising and it has reached the 40,000 mark in the past 50 years So this shows how far up have the share prices of these 30 companies gone in these past 50 years There is another similar index- NIFTY- National + Fifty Nifty shows the price fluctuations of the shares of top 50 companies listed on the National Stock Exchange .
Comments
Post a Comment