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Encyclopedia > Sensex

Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange.


The Sensex is generally regarded as the most popular and precise barometer of the Indian stock markets. It is the oldest stock market index currently in use.


The base value of the Sensex is 100 on April 1, 1979.


At irregular intervals, the Bombay Stock Exchange (BSE) authorities review and modify its composition to make sure it reflects current market conditions.


  Results from FactBites:
 
Rediff On The NeT Business News: Market bears sexy Sensex (689 words)
From the 2700 level on November 30, 1998, the Sensex touched 3515 on January 11, 1999.
When the Sensex was at 3515, the RSI was at an overbought level of 80 which was a new peak for the move.
Going by the Sensex close of 3337 on February 12, the current rally is expected to fizzle out in the early part of next week after reaching the 3400 level.
BSE Sensex - Wikipedia, the free encyclopedia (1048 words)
The BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted index composed of 30 stocks with the base April 1979 = 100.
The base value of the Sensex is 100 on April 1, 1979 and the base year of BSE-SENSEX is 1978-79.
The Sensex eventually recovered from the volatility, and on October 16, 2006, the Sensex closed at an all-time high of 12,928.18 with an intra-day high of 12,953.76.
  More results at FactBites »

 
 

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