What does mean by BSE and NSE ?
Asked by Amrish, 23 Oct '09 05:37 pm
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BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted index composed of 30 stocks started in 01 of jan, 1986. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. These companies account for around one-fifth of the market capitalization of the BSE. The base value of the sensex is 100 on April 1, 1979, and the base year of BSE-SENSEX is 1978-79. At irregular intervals, the Bombay Stock Exchange (BSE) authorities review and modify its composition to make sure it reflects current market conditions. The index is calculated based on a free-float capitalization method; a variation of the market cap method. 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 promoters, government and institutional investors. The index has increased by over te ...moreAnswered by Deepak Joshi, 23 Oct '09 05:54 pm
Bombay Stock Exchange nd National Stock ExchangeAnswered by Tushar Kher, 23 Oct '09 05:38 pm
Yes. Tushar is right Amrish !Answered by nkpathak, 23 Oct '09 06:27 pm
BSE=Bombay stock exchnange NSE= National stock exchnangeAnswered by kamal purohit, 23 Oct '09 05:39 pm