Question

What is NIFTY and SENSEX?​

Answer 1

Answer:

Nifty is primarily an equity benchmark index which was introduced in April 21, 1996 by National Stock Exchange. Nifty is an abbreviation of National Stock Exchange Fifty, it is the broad index of National Stock Exchange (NSE). NSE is a leading stock exchange in India.

The BSE SENSEX is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange. The 30 component companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy.

Answer 2

The NIFTY 50 index 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 13 sectors and is one of the two main stock indices used in India, the other being the BSE Sensex.

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