The stock market index of London, stock market is referred as

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	sensex
B	footsie
C	nifty
D	bullish

Explanation:

Detailed explanation-1: -The stock market index of London Stock Market is referred to as FTSE. FTSE stands for Financial Times Stock Exchange. It follows capitalization-weighted method. It has market capital around 2.054 trillion pound.

Detailed explanation-2: -’FTSE’ is short for ‘Financial Times Stock Exchange’, which is derived from the names of two companies that launched the FTSE – ‘Financial Times’ and ‘London Stock Exchange’.

Detailed explanation-3: -The Russell 1000 Index, a subset of the Russell 3000 Index, represents the 1000 top companies by market capitalization in the United States. Footsie is slang for the Financial Times-Stock Exchange 100 Share Index (FTSE 100).

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