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Guruver Academy replied | 20 hrs ago
Yes
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Gold Rock Internationals Pvt Ltd replied | 07 Oct
Sensex is the index which represents 30 top stocks listed on the BSE from different sectors and the weighted average price is calculated to derive the sensex price
Gannamani Raveendra replied | 1 day ago
The Sensex, officially known as the S&P BSE Sensex, is the benchmark stock market index of India that represents the performance of 30 of the largest, most actively traded, and financially sound companies listed on the Bombay Stock Exchange (BSE). It provides a clear gauge of India's economy and investor sentiment by reflecting the collective market movements of these companies.
Key Points
The Sensex is a market capitalization-weighted index, calculated using the free-float methodology, which means that companies are included based on their market value and only publicly traded shares are counted.
The 30 companies in the Sensex are selected to represent diverse sectors of the Indian economy, ensuring the index acts as a comprehensive indicator of overall market health.
Movements in the Sensex reflect broader economic conditions, making it a crucial barometer for investors, analysts, and policymakers to assess India's economic trends.
When the Sensex rises, it generally indicates improved investor confidence and higher stock prices among these top companies, whereas a fall signals caution or market pessimism.
In summary, the Sensex acts as the pulse of India's stock market, providing a snapshot of the financial health and direction of the country's leading corporations and, by extension, the Indian economy.
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Himanshu Parmar replied | 05 Oct
B
Gone Joseph Raju replied | 08 Oct
B
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Soumyajit Pal replied | 2 days ago
Others have already told about the inventor of the system but I can focus on the reliability of the whole process. Everything has a particular reasons, for the selection of the fit of the fittest the exam process is really needed. Otherwise it would be too difficult to find the suitable one. Yet, there are so many discrepancies, it is indeed needed anyhow.