Whats Dollex 30?
Answers were Sorted based on User's Feedback
Answer / rupal
DOLLEX-30 is the dollar version of BSE Sensex, the
benchmark index of equity markets in India. Similar to
Sensex, the base year for the DOLLEX-30 is fixed as 1978-79
and base value at 100 points. BSE has computed historical
index values of DOLLEX-30 since 1979. The scope for DOLLEX-
30 emerged from the background of Indian equity markets
increasingly getting integrated with global capital markets
and the need to assess the market movements in terms of
international benchmarks. While Sensex reflects growth in
market value of constituent stocks over the base period in
rupee terms, the DOLLEX-30 would reflect the changes in
both the stock prices as well as currency values. DOLLEX-30
could be found useful by foreign investors to enable them
to measure the equity returns in real terms both in respect
of domestic and international currencies. DOLLEX-30 is the
second dollar denominated index designed by the BSE. In
1994 BSE had launched DOLLEX-200, a dollar version of BSE-
200 Index.
| Is This Answer Correct ? | 51 Yes | 11 No |
When were the banks nationalized?
0 Answers IBPS, State Bank Of India SBI,
Share your views on Business Cycles?
what is day market?
How can i create a business blueprint document for SAP FI, CO , SD Module?
What is Cheque Discount?
Tell about the fixed deposits?
0 Answers State Bank Of India SBI,
What Is The Monthly Close?
Why do you want to do MBA? Why didn't you go for C.A.?
What is bank and its features and types?
What are limited liability companies?
What is the difference between our checking and savings account products?
Why do you want to join Axis bank ?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)