ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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BSE
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NSE
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Singapore Stock Exchange
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None
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Detailed explanation-1: -The term Sensex refers to the benchmark index of the BSE in India. The Sensex is comprised of 30 of the largest and most actively traded stocks on the BSE and provides a gauge of India’s economy. It is float-adjusted and market capitalization-weighted.
Detailed explanation-2: -Sensex was meant to denote the most popular market index of 30 companies listed under the Bombay Stock Exchange. The component companies listed in this index today are some of the biggest companies in this country with the most actively traded stocks.
Detailed explanation-3: -Sensex and Nifty are the benchmark indices of BSE and NSE, respectively. Nifty comprising 50 stocks is a broader index than Sensex, which contains top 30 performing stocks. Hence, Sensex is more niche.