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Something About Nifty and Sensex

 Nifty and Sensex

Source : 5Paisa

Sensex and Nifty are stock market indices which represent Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) respectively.

Sensex - BSE is India’s first listed exchange which was established in 1875. The total companies listed on the exchange are close to around 6000. The total market capitalization of all the companies listed on BSE is Rs. 1,24,69,879 crore. BSE's popular equity index - the S&P BSE SENSEX - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa). BSE Sensex consists of 30 top scrips from different sectors which forms this index. BSE SENSEX is calculated on a free-float market capitalization methodology and the performance of these stocks impact the performance of Sensex.

Sensex Performance

BSE has recently launched a special platform for trading in SME securities. It has also launched a free float index - S&P BSE Sensex. BSE has a lot of other indices under various categories of Equity and fixed income. Indices under Equity include- Market cap/broad, Sector & Industry, Thematics, Strategy, Sustainability, and Volatility. Indices under Fixed income include - Composite, Government, Corporate, and Money Market.

Nifty - NSE began its operations in the year 1994. Nifty consists of 50 top scrips from different sectors which forms this index. NSE has a lot of other indices under various categories - broad market indices, sectoral indices, strategy indices, thematic indices and fixed income indices. The total market capitalisation of all the companies listed on NSE is Rs 12,282,127 crore.

Nifty Performance

In the year 2016, NSE launched Nifty 50 Index futures trading on TAIFEX. Nifty50 was earlier known as CNX Nifty. It was renamed Nifty50 in the year 2015. NSE has also been felicitated with a lot of awards over the years.

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