How do they calculate sensex and nifty??
Asked by shailendra, 09 Oct '08 01:33 pm
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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 ...moreAnswered by classiq chandru, 03 Nov '08 02:32 pm
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 ...moreAnswered by Yogesh Jaiswal, 09 Oct '08 03:28 pm
One should hv sense of sex ...nifty ...as fiftyAnswered by sagar, 09 Oct '08 01:37 pm
SENSEX- Avg price movement of top 30 Companies NIFTY- Avg price movement of top 50 CompaniesAnswered by Prabhjot, 09 Oct '08 01:35 pm