Question

sensex is the stock market index which represents bombay stock exchange~ explain concept​

Answer 1

Answer:

Sensex is an index of Bombay Stock Exchange.

S&P BSE SENSEX® or Sensitive Index is not only scientifically designed but also based on globally accepted construction and review methodology. First compiled in 1986, S&P BSE SENSEX® is a basket of 30 constituent stocks representing a sample of large, liquid and representative companies. The base year of S&P BSE SENSEX® is 1978-79 and the base value is100. The index is widely reported in both domestic and international markets through print as well as electronic media.

The index was initially calculated based on the "Full Market Capitalization" methodology but was shifted to the free-float methodology with effect from September 1, 2003. The "Free-float Market Capitalization" methodology of index construction is regarded as an industry best practice globally. All major index providers like MSCI, FTSE, STOXX, S&P and Dow Jones use the Free-float methodology.

Due to is wide acceptance amongst the investors; S&P BSE SENSEX® is regarded to be the pulse of

the Indian stock market . As the oldest index in the country, it provides the time series data over a fairly long period of time (from 1979 onwards). Small wonder, the S&P BSE SENSEX® has over the years become one of the most prominent brands in the Co.

There is an example of the present sensex of bse in the attachment.