What Is Mean By Nifty And Sensex?

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5 Answers

swati kohli Profile
swati kohli answered
the Sensex is an index, basically an indicator.It gives you a general
idea about whether most of the stocks have gone up
or gone down.

The Sensex is an indicator of all the major companies of BSE.
the Nifty is an indicator of all the major companies of NSE.
Aun Jafery Profile
Aun Jafery answered
The word Nifty is a combination of two words namely the "N" from national and "ifty" from fifty. It is an index of fifty companies listed on the National Stock Exchange in India. The fifty companies cover twenty two different sectors of the Indian economy. The Sensex on the other hand refers to the sensitivity Index of the Bombay Stock Exchange. The Sensex comprises of the traded stock of the thirty most traded and active types. It is also representative and covers various sectors. The stock of the Nifty companies' accounts for approximately sixty percent of the stock traded at the National stock exchange, the Sensex stock accounts for nearly twenty percent of the capitalization of the Bombay Stock Exchange.

The Sensex suffered its worse performance on the 22nd of May 2006 when it plunged by around one thousand one hundred points.
Anonymous Profile
Anonymous answered
NSE-National Stock Exchange that is located at delhi.It takes into account 50 top shares of NSE while calculating the index.
BSE-Bombay Stock Exchange that is located at bombay..It takes into account 30 top shares of BSE while calculating the index.
sumitra yadav Profile
sumitra yadav answered

The Sensex is an indicator of all the major companies of the BSE. The Nifty is an indicator of all the major companies of the
NSE.  If the Sensex goes up, it means that the prices of the stocks of most
of the major companies on the BSE have gone up. If the Sensex goes
down, this tells you that the stock price of most of the major stocks
on the BSE have gone down. There are so many Nifty Futures Tips provider in the market.

Saurabh Kumar Profile
Saurabh Kumar answered
One way to keep a constant track of the latest value of Nifty or Sensex is by using the free plugin of Firefox, available at https://addons.mozilla.org/en-US/firefox/addon/2639

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