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WHAT IS SENSEX? WHAT IS NIFTY?
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- State Bank Of India SBI, I also Faced
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Answer Posted / karthika ayyappan
The Sensex is an "index". It gives a general idea about
whether most of the stocks have gone up or most of the
stocks have gone down.
The Sensex is an indicator of all the major companies of the
BSE.
The Nifty is an indicator of all the major companies of the
NSE.
If the Sensex goes up, it means that the prices of the
stocks of most of the major companies on the BSE have gone
up. If the Sensex goes down, this tells that the stock
price of most of the major stocks on the BSE have gone down.
Just like the Sensex represents the top stocks of the BSE,
the Nifty represents the top stocks of the NSE.
BSE, is the Bombay Stock Exchange and the NSE is the
National Stock Exchange. The BSE is situated at Bombay and
the NSE is situated at Delhi. These are the major stock
exchanges in the country.
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