The Ultimate Guide to Understanding BSE Sensex: Boost Your Financial Knowledge in No Time!
WHAT IS BSE SENSEX The BSE SENSEX is a stock market index of 30 financially sound companies listed on the Bombay Stock Exchange in India. These companies represent diverse sectors of the Indian economy and are some of the most extensive and actively traded stocks. The index has been published since 1986 and is considered an essential indicator of the Indian stock markets. The base value of the index was taken as 100 on 1 April 1979, and a dollar-linked version of the index called DOLLEX-30 was launched on 25 July 200 1. DERIVATION OF BSE SENSEX Imagine you're standing on a platform in the middle of a bustling railway station, trying to navigate your way through the throngs of people. Suddenly, you hear a piercing whistle, and the train pulls into the station with a loud screech of its brakes. The SENSEX is a bit like that train, hurtling through the stock market with incredible momentum and force. But what exactly does SENSEX mean? Well, let's break it down . The first par...