What is Sensex?
What is Nifty ?
Difference between these two
Answer Posted / sunil p. dave.
The Sensex is an "index". What is an index? An index is
basically an indicator. It gives you 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 you 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.
Just in case you are confused, the 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.
| Is This Answer Correct ? | 150 Yes | 29 No |
Post New Answer View All Answers
At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?
Can you explain about the distinction of Book-Keeping and Accounting
What is the difference between reserve and provision.
Whatis new GL & Odd G.L What is the difference between these two.
What is the Technology used to carry out trades?
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
to attend interview for real estate company accounts
is indian bank or canara bank CBS brach?
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?
differed tax liability
what happens to each of the three primary financial statements when capital expenditures decrease?
If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?
Under the accrual basis of accounting incomes are recognised at the time -------------------