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What is the meaning of Sensex up and down?
The Sensex is an indicator of all the major companies of the BSE. If the Sensex climbs up, it means that the prices of the stocks of most of the major companies on the Bombay Stock Exchange have gone up. If the Sensex goes down, it indicates that the stock price of most of the major stocks on the BSE have gone down.
What is Sensex and Nifty in simple words?
Sensex, which stands for ‘Stock Exchange Sensitive Index’, is the stock market index for the Bombay Stock Exchange. It calculates the movement on BSE. Nifty stands for ‘National Stock Exchange Fifty’ and is the index for the National Stock Exchange.
What is the difference between nifty and SENSEX?
The main difference between SENSEX and Nifty is that SENSEX is the stock market index for BSE Limited, while Nifty is the stock market index for National Stock Exchange (NSE).
What does SENSEX, BSE, NSE, and nifty mean?
Both SENSEX and NIFTY are benchmark indices to denote market movement . SENSEX is the major index of BSE and NIFTY is the index of NSE . These indices are the weighted average of the largest mega-cap Indian companies from different sectors and measure market direction – rising SENSEX meaning the market is soaring.
How many stocks are there in SENSEX?
Answer Wiki. Sensex consists of the below-mentioned 30 shares with appropriate weightage: You can buy any of these shares from BSE (Mumbai Stock Exchange) or NSE ( National Stock Exchange ) through the brokers registered with either/both of these exchanges.
What’s the difference between nifty and BSE?
‘BSE’ means Bombay Stock Exchange,and ‘Nifty’ is an index of the NSE or the National Stock Exchange.