ECONOMICS (CBSE/UGC NET)

ECONOMICS

FINANCIAL MARKETS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many companies are included in the SENSEX of India?
A
30
B
50
C
111
D
25
Explanation: 

Detailed explanation-1: -The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy.

Detailed explanation-2: -Calculated using the free-float methodology, BSE 30 is designed to reflect the growth and performance of the top 30 listed companies in BSE that are financially sound and well-established.

Detailed explanation-3: -It is the combined value of stocks of 30 selected companies that are listed on the Bombay stock exchange (BSE). These stocks are the most actively traded stocks, along with representing some of the largest corporations.

Detailed explanation-4: -Nifty is made up of 50 selected stocks from the top 50 firms that are used to calculate the index, whereas Sensex is made up of 30 selected stocks from the top 30 companies that are used to calculate the index. 04. The Nifty has a base index value of 1000, whereas the Sensex has a base index value of 100.

Detailed explanation-5: -While Nifty 50 constitutes of the top 50 companies that are actively traded in NSE, Sensex comprises the top 30 companies actively traded in BSE.

There is 1 question to complete.