Q.
How do they calculate sensex and nifty??
Asked by shailendra,
09 Oct '08 01:33 pm
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Answers (4)
1.
The Sensex has a very important function. The Sensex is supposed to be an indicator of the stocks in the BSE. It is supposed to show whether the stocks are generally going up, or generally going down.
To show this accurately, the Sensex is calculated taking into consideration stock prices of 30 different BSE listed companies. It is calculated using the free-float market capitalization method. This is a world wide accepted method as one of the best methods for calculating a stock market index.
Please note: The method used for calculating the Sensex and the 30 companies that are taken into consideration are changed from time to time. This is done to make the Sensex an accurate index and so that it represents the BSE stocks properly.
To really understand how the Sensex is calculated, you simply need to understand what the term free-float market capitalization means. (As we said earlier, the Sensex is calculated on basis of the free-float market capitalization method) But, before
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Answered by classiq chandru, 03 Nov '08 02:32 pm
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2.
Sensex List is : ACC LTD
BHARTI AIRTEL LTD
BHEL LTD
CIPLA LTD
DLF LTD
GRASIM LTD
HDFC
HDFC BANK LTD
HINDALCO INDUSTRIES LTD
ICICI BANK LTD
INFOSYS TECHNOLOGIES LTD
ITC LTD
LARSEN & TOUBRO
MAHINDRA & MAHINDRA LTD
MARUTI SUZUKI INDIA LTD
NATIONAL THERMAL POWER CORPORATION
ONGC LTD
RANBAXY LABAROTARIES LTD
RELIANCE COMMUNICATIONS LTD
RELIANCE INDUSTRIES LTD
SATYAM COMPUTER SERVICES LTD
STATE BANK LTD
TATA CONSULTANCY SERVICES LTD
TATA MOTORS LTD
TATA STEEL LTD
WIPRO LTD
and
NIFTY list is
AMTEK AUTO LTD
ANDHRA BANK
ASHOK LEYLAND LTD
AUROBINDO PHARMA LTD
BAJAJ HINDUSTAN LTD
BEML LIMITED
BOMBAY DYEING & MANUFACTURING COMPANY LTD
CESC LTD
CHENNAI PETROLEUM CORPORATION LTD
CORPORATION BANK
DIVIS LABORATORIES LTD
HOTEL LEELA VENTURES LTD
INDIA CEMENTS LTD
IVRCL INFRASTRUCTURES & PROJECTS
J&K BANK LTD
KESORAM INDUSTRIES LTD
LANCO INFRATECH LTD
LUPIN LTD
MAHARASHTRA SEAMLESS LTD
MOSER
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Answered by Yogesh Jaiswal, 09 Oct '08 03:28 pm
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3.
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4.
SENSEX- Avg price movement of top 30 Companies
NIFTY- Avg price movement of top 50 Companies
Answered by Prabhjot, 09 Oct '08 01:35 pm
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