The Stock Exchange Sensitive Index, also known as the SENSEX, is an index that combines the prices of 30 financial sound companies listed on the Bombay Stock Exchange. The SENSEX index gives investors a general view of the movement of stocks. Its purpose is to measure the strength of the stock market as it measures how much stocks are moving in relation to the broader index. If you are an investor looking to increase your profits, a SENSEX index is an ideal way to invest.
The SENSEX index was launched in 1986 and consists of 30 companies representing the different industries of India. The SENSEX index has a base value of 100, which is based on the market capitalisation of the companies listed. It was first published in 1986, and experienced tremendous growth in 1991. In April 1992, however, the SENSEX plunged 12.7%, as a result of syphoning of funds by a prominent broker. The SENSEX recovered from that setback and has risen from 5000 points in 2000 to more than 42000 points in 2020, thanks to the booming economy of India. Sensex index is based on the market capitalisation weighting method, which means companies are weighted according to their share of total market capitalisation.
The SENSEX index is based on the market capitalization of the top thirty companies listed on the BSE. The SenseX changes throughout the day, and the top 30 companies are worth around 37% of the total GDP of India. Since the SENSEX index includes stocks that are among the most widely traded in the market, it’s a great way to monitor the health of a company’s stock market.
The SENSEX index is based on the 30 largest companies in the BSE and reflects the diverse industries of the country. In fact, it is considered to be the best indicator of the health of India’s economy. Its popularity makes it an attractive investment vehicle for many investors. If you’re looking to invest, a SENSEX index is a great place to start. While this may sound complicated, it’s actually easy to understand.
As you can see, the SENSEX has experienced significant growth since its inception in 1986. From June 1990 to present, the S&P BSE SENSEX has grown over twenty-five times. And if you’re thinking of buying stocks and bonds, a SENSEX index can be the perfect choice. The S&P BSE SENSEX is one of the world’s most popular stock markets.
The SENSEX has been one of the most volatile and profitable markets in recent history, with the NASDAQ reaching its highest levels ever in December. It crossed the 18,000 mark on 15 October 2007 and closed at 18,259, a record high for a single day. This bull run was aided by the Reliance group, which added 256 points to the SENSEX’s performance. In fact, the SENSEX rose faster than the Nikkei of Japan on this day.