Sensex


Also found in: Acronyms.

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 ?
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.
With DGCX SENSEX Futures, we hope to build on the success of our India-focused contracts, which continue to generate record trading volumes.
The Sensex closed at 20,039 on 18 January, while the National Stock Exchange Nifty closed at 6,064.
The Sensex has lost almost one-quarter of its value since reaching an all-time peak last November.
The cumulative losses for investors over the past four trading sessions is estimated at about Rs 4 lakh crore, as the Sensex fell by about 1,000 points in this period.
And if you stay invested now, chances are you may end up in a situation when the Sensex bottoms out in a couple of months to where it was when you entered the market in 2009.
Mahindra and Mahindra, ONGC, BHEL and SBI were the Sensex top gainers.
The benchmark Mumbai 30-share Sensex index rose 702.
7 (ANI): Following a weakness on Wall Street, market indices Nifty and Sensex saw a moderate slump during opening trade on Wednesday.
Accordingly, the S&P BSE Sensex and the NSE Nifty 50 breached their previous respective intra-day high levels.