how do we calculate nifty and sensex. and what is the
difference between sensex and nifty.
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Answer Posted / adithya pradeep
The Index is determined on a daily basis by taking into consideration the current market value divided by base market capital and then multiplied by the Base Index Value of 1000. Both Sensex and Nifty are stock market index used to determine the value and strength of the stock market. Nifty consists of 50 selected stocks from the top 50 companies, which are used to determine the index, while Sensex consists of 30 selected stocks from the top 30 companies, which are used to determine the index. ... The base index value of Nifty is 1000, while the base index value of Sensex is 100.
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