what is the meaning of sensex?
Answers
Answer:
The term Sensex was named by a stock market analyst Mr. Deepak Mohoni, the word is a portmanteau of Sensitive and Index. The Sensex is primarily an index which reflects the Bombay Stock Exchange (BSE) which got established in 1875. Till Jan1, 1986 the stock exchange did not have any official index. This was the time when Sensex was opted for gauging the performance of the Indian market. The Sensex comprises of 30 prominent stocks which are derived from sectors and are traded actively in the exchange market. Sensex truly reflects the Indian stock market movement. If the Sensex value increases it means that there is a general increase in the prices of shares whereas, if the Sensex decreases it means there is a general decrease in the price of shares
Answer:
sensex is the index of Bombay stock exchange (BSE)
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