Sensex


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Sensex

An index of the 30 most actively traded stocks on the Bombay Stock Exchange (BSE). The Sensex is considered the most important benchmark index on the BSE, and it is the oldest stock index in India. Unlike many indices, it is not weighted for price or market capitalization, but rather for "free-float capitalization." This is similar to market capitalization, but uses shares available for trade rather than the total shares outstanding. Thus, it excludes shares that have not been vested, among others. Sensex is formally known as the Bombay Exchange Sensitive Index.
References in periodicals archive ?
Major laggards in Sensex included Sesa Sterlite, Hindalco, Tata Power, Axis Bank, SBI, M& M, Coal India and Wipro.
On Monday, the company slashed its March 2014 target for the Sensex to 20,000 from 21,700, joining the ranks of foreign brokerages turning sceptical on the Indian stock market.
Recently co-branded in partnership with S&P Dow Jones Indices, the Sensex is considered the most popular gauge of the Indian equity market and has high brand recall among investors.
Given that a large number of NRIs reside in the Middle East region, we are confident about the SENSEX futures contract's potential to generate high interest and trade volumes in line with interest in other jurisdictions," Chauhan added.
The Sensex closed at 20,039 on 18 January, while the National Stock Exchange Nifty closed at 6,064.
Sterlite Industries, Reliance Communications and Jaiprakash Associates were among the Sensex top losers.
According to estimates, the correlation between the Shanghai Composite Index and BSE Sensex is 0.
Mumbai -- The benchmark BSE Sensex on Wednesday began the new fiscal year on a promising note by gaining more than 300 points to settle the day at 28,260.
Mumbai: The benchmark BSE Sensex on Friday ended at 27,458.
MARKETS zoomed on the last trading day on Friday with the Sensex scaling another 519.
In the early morning trade on Monday, December 16, the benchmark index of Indian stock markets or the Sensex was trading flat at 1.
21 ( ANI ): The Sensex and Nifty rose by 300 points in the opening session today on fresh buying by funds and retail investors