Valentinesmith Site Admin
Joined: 06 Jul 2012 Posts: 145
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Posted: Sat Jul 07, 2012 7:30 am Post subject: What is SENSEX? |
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SENSEX is the short term for the words "Sensitive Index" and is associated with the Bombay (Mumbai) Stock Exchange (BSE).
What is it?
The SENSEX was first formed on 1-1-1986 and used the market capitalization of the 30 most traded stocks of BSE. The base was 1979 and taken as 100. The 30 scrips of 1986 and no more the same - some have been removed while some have been added. At irregular intervals, the Bombay Stock Exchange (BSE) authorities review and modify its composition to make sure it reflects current market conditions.
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