Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / dm
Definition of 'Sensex'
An abbreviation of the Bombay Exchange Sensitive Index (Sensex) - the benchmark index of the Bombay Stock Exchange (BSE). It is composed of 30 of the largest and most actively-traded stocks on the BSE. Initially compiled in 1986, the Sensex is the oldest stock index in India.
Investopedia explains 'Sensex'
The index is calculated based on a free-float capitalization method when weighting the effect of a company on the index. This is a variation of the market cap method, but instead of using a company's outstanding shares it uses its float, or shares that are readily available for trading. The free-float method, therefore, does not include restricted stocks, such as those held by company insiders that can't be readily sold.
To find the free-float capitalization of a company, first find its market cap (number of outstanding shares x share price) then multiply its free-float factor. The free-float factor is determined by the percentage of floated shares to outstanding. For example, if a company has a float of 10 million shares and outstanding shares of 12 million, the percent of float to outstanding is 83%. A company with an 83% free float falls in the 80-85% free-float factor, or 0.85, which is then multiplied by its market cap (e.g., $120 million (12 million shares x .$10/share) x 0.85 = $102 million free-float capitalization).
Read more: http://www.investopedia.com/terms/s/sensex.asp#ixzz1kAwt9UGh
| Is This Answer Correct ? | 0 Yes | 3 No |
Post New Answer View All Answers
describe the most complex challenge that you have faced and how you managed it
What is Merchandising Accounting process
Short Answer on __________Accrued interest
why specifically inited states ?
what is Rectification of Errors ?
Expand--------SRTA
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
where does the closing stock appears in the trial balance?
What is Inventory Control?
in a every intervew asking one common question why you are living current employer, which is the best answer
How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under
What is the difference between Risk, Threat & Hazard?
which are company offering jobs in PORTFOLIO MANAGEMENT ?
Expand-------ATBN
How are fund-raising and publicity and management and administration costs apportioned over funds?
