Answer Posted / sonia sharma
BSE Sensex is the prime and older indicator of stock market
trend in India. It consists of 30 stocks representing a
wide cross-section of industries. It is calculated using a
well attested method called free float market
capitalization.
Simply put its the market capitalization of all shares
in "free float!!!" Free float shares are those that are
available for trading in the open market. They rest may be
FDI holdings, promoter holdings, locked in shares,
strategic stakes, ESOPs etc. Suppose 40% of all shares is
openly available. A free float factor is decided by BSE
which would be 0.4 (anything in the band of above 35% -40%
would have this factor). This factor is multiplied with the
total market capitalization of the company (which is the
prevailing share price * total no. of shares issued by the
company) to get the free float market capitalization.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What are the basic documents a person requires to open an account
What is foreign exchange?
Why Do We Need The Single Supervisory Mechanism?
Why do companies find public deposits attractive?
Dear, any body give me MIS repor - excel sheet format for share trading purpose.
Why does a company issue stock?
What is net NPA? How is it calculated?
What are the departments in RBI?
What do you understand by Private banking?
Suggest me where i can do certification course on capital management/wealth management through distance in and around Bangalore.
What points are covered in the 'annual financial statement'?
I'll have a very formal phone interview. what's my opening line? i am the one being interviewed, once i dial his office#, how should i open? "good morning, this is ***, I am calling to have my interview???" does it sound formal and polite enough?
What is a DMAT account?
What are the provisions of Lokpal and Lokayukta Amendment Bill 2016?
Recently what award has been given to SBI?