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What is the formula to calculate Sensex?

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What is the formula to calculate Sensex?

Formula to calculate Sensex Value of Sensex = (Total free float market capitalization/ Base market capitalization) * Base period index value. The base period (year) for Sensex calculation is 1978-79. The base value index is 100. Using the above formula, one can calculate the value of BSE Sensex.

How is nifty and Sensex calculated?

The Index is determined on a daily basis by taking into consideration the current market value divided by base market capital and then multiplied by the Base Index Value of 1000. Both Sensex and Nifty are stock market index used to determine the value and strength of the stock market.

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What is the stock index formula?

The index is calculated by adding the stock prices of the 30 companies and then dividing by the divisor. The divisor changes when there are stock splits or dividends, or when a company is added or removed from the index.

What is Sensex unit?

The term Sensex refers to the benchmark index of the BSE in India. The Sensex is comprised of 30 of the largest and most actively traded stocks on the BSE and provides a gauge of India’s economy. It is float-adjusted and market capitalization-weighted.

What are the 30 companies in BSE?

Sensex 30 Companies

BSE Scrip Code Company Full Name Industry
500180 HDFC BANK LTD. Banks
532281 HCL TECHNOLOGIES LTD. IT Consulting & Software
532454 BHARTI AIRTEL LTD. Telecom Services
532187 INDUSIND BANK LTD. Banks

What is nifty full form?

Nifty stands for ‘National Stock Exchange Fifty’ and is the index for the National Stock Exchange.

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What is nifty and sensex?

Nifty and Sensex are benchmark index values for measuring the overall performance of the stock market. Nifty is the Index used by the National Stock exchange, and Sensex is the Index used by the Bombay Stock Exchange.

What are the 3 major stock indices in India?

Some of the important indices in India are:

  • Benchmark indices – BSE Sensex and NSE Nifty.
  • Sectoral indices like BSE Bankex and CNX IT.
  • Market capitalization-based indices like the BSE Smallcap and BSE Midcap.
  • Broad-market indices like BSE 100 and BSE 500.

What is Sensex & Nifty?

Nifty is the Index used by the National Stock exchange, and Sensex is the Index used by the Bombay Stock Exchange.

Who is the owner of NSE?

National Stock Exchange

National Stock Exchange of India’s Logo
Founded 1992
Owner Various domestic and global financial institutions, public and privately owned entities and individuals
Key people Girish Chandra Chaturvedi (Chairperson) Vikram Limaye (MD & CEO)
Currency Indian rupee (₹)
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When did NSE started?

1992
The National Stock Exchange of India Limited (NSE) is India’s largest financial market. Incorporated in 1992, the NSE has developed into a sophisticated, electronic market, which ranked fourth in the world by equity trading volume.