ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The BSE Sensex essentially tracks the performance of 30 of the largest and most actively traded companies listed on the Bombay Stock Exchange (BSE) in India. It offers a quick overview of the stock market’s performance and is widely used as a benchmark for the overall performance of the market.

Detailed explanation-2: -BSE 30 Companies 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: -Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978–79. On 25 July 2001 BSE launched DOLLEX-30, a dollar-linked version of the SENSEX.

Detailed explanation-4: -What is S&P BSE Sensex? It is a bellwether index of the Indian economy. There are 30 number stocks included in this index. These 30 companies are the largest and the most traded (liquid) companies in their sectors.

Detailed explanation-5: -The BSE Sensex or the Sensex 30 tracks the behaviour of the top 30 companies as per the free float market-cap registered on the Bombay Stock Exchange.