Downloaded from: justpaste.it/3y96m
SENSEX and NIFTY Difference When we need to know the general market directions, we look at the market index. All the top stock exchange worldwide has indices that depict market behavior or investor sentiment.
Let us know what is an ‘INDEX’? Index in the stock market term refers to a Statistical average that measures change, such as market performance or price movement. Investors use the market index to compare performance and use them as the basis for managing their investment portfolios. In India, the Nifty & Sensex are important indices, which determine or depict the strength of the stock market.
Sensex Vs Nifty: What is Sensex? Sensex is known as the Sensitive index. Sensex is the stock market index of the Bombay stock exchange (BSE). With a base value of 100 and Sensex includes shares from the top, well established 30 companies. Sensex is calculated by using the free-float market capitalization method and the performance of the 30 selected stocks is directly reflected by the level of the index. What is Nifty? The National Stock Exchange Fifty Nifty) is the stock market index of the National Stock Exchange (NSE). Also known as NIFTY 50 and CNX Nifty, it comprises 50 stocks that are
actively traded on NSE, the base value of the index is 1000 and it is computed using the freefloat market capitalization-weighted method. Difference between Sensex and Nifty Parameter Full Form Ownership Base Number Base Period
Nifty National and fifty NSE Subsidiary, IISL
Sensex Sensitive and Index Bombay Stock Exchange (BSE)
1000
100
November 3rd 1995 Base Capital INR 2.06 trillion Number of Top 50 Companies stocks Number of 24 Sectors Sectors Foreign Singapore Stock Exchange (SGX) and Chicago Exchanges Mercantile Exchange (SME)
1978-79 NA Top 30 Companies 13 Sectors EUREX and stock exchanges of BRCS nations
BYSOS is the foremost online Fantasy gaming platform that enables people to play fantasy stock contests. Here you can not only play, but even win real cash and rewards using your skills on stocks. Sounds entertaining, isn’t it? With BYSOS, you can play Fantasy games, get into leaderboard, win amazing cash prizes and have an eventual playing experience; the Fantasy gaming platform offers you to play more and win more. Most of the players are reaping rewards from Fantasy Games and it allows you to emerge as a champion. You can win a lot of cash prizes and take home a feeling of satisfaction after playing Stock Fantasy Game. Now show your stock market skills on the virtual world and earn unlimited money online Want to play: Download Now!