can anyone able to explain the term nifty and sensex in simple language?
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Sensex is the weighted average of key stocks in a market. Its like trying to determine the "intelligence" of a class of 500+ students across various courses by taking the average marks of top 30 students. ... Sensex in simple words, it is combined value of stocks of 30 specific companies listed on bombay stock exchange.
The NIFTY 50 index is National Stock Exchange of India's benchmark broad based stock market index for the Indian equity market. ... It represents the weighted average of 50 Indian company stocks in 12 sectors and is one of the two main stock indices used in India, the other being the BSE sensex.
The NIFTY 50 index is National Stock Exchange of India's benchmark broad based stock market index for the Indian equity market. ... It represents the weighted average of 50 Indian company stocks in 12 sectors and is one of the two main stock indices used in India, the other being the BSE sensex.
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