How is SENSEX calculated?



How is SENSEX calculated?..

Answer / sivakumar

Sensex is calculated using the "Free-float Market Capitalization" methodology. As per this methodology, the level of index at any point of time reflects the Free-float market value of 30 component stocks relative to a base period.
Formula = (sum of free-float Market Capital(30)benchmark stocks)*index factor
index factor=100/market captialvalue 2014_2015
where 100 is the index value during 2014-2015

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What is meant by Repo Rate and Reverse Repo Rate.

28 Answers   Andhra Bank, Capital IQ, Idbi Bank, Search Enterprises, State Bank Of India SBI, WNS,


EXPAND______________PCB

4 Answers  


What will be the journal entry of bank charges paid to bank

5 Answers  


what do u mean the word accounting.

1 Answers  


what is different between LC's and BG's

1 Answers   IVRCL,






Expand---------PDCB

0 Answers  


Is Telecom Infrastructure service provider company providing a Mobile Phone Tower to the operator for rental basis liable to pay VAT or not?????

1 Answers  


plz send me a solved paper on SBI of clerk post

0 Answers   State Bank Of India SBI,


golden rules of accounts

1 Answers  


Expand---------TRC

3 Answers  


classify the following into real, nominal, personal account 1. Discount account 2. interest on debenture 3. Land account 4. salary account 5. carriage account 6. printing & stationary account 7. stock account

5 Answers  


what business entity concept ?

3 Answers  


Categories