Answer Posted / deepak
SENSEX is the short term for the words "Sensitive Index" and is associated with the Bombay (Mumbai) Stock Exchange (BSE). The SENSEX was first formed on 1-1-1986 and used the market capitalization of the 30 most traded stocks of BSE. Where as NSE has 50 most traded stocks of NSE. SENSEX is the index of BSE. AND
NIFTY is the index of NSE, both will show daily trading marks. Sensex and Nifty both are an "index�. An index is basically an indicator it indicates whether most of the stocks have gone up or most of the stocks have gone down.
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