The Sensex is an extremely popular term not only in financial circles, but also beyond that. The Sensex basically means sensitive index and it is a commonly used term for the Bombay Stock Exchange Sensitive Index. The sensex tracks the movements of the 30 largest stocks and it is the oldest index in India.Now, these 30 stocks are selected based on various parameters and representation and are generally high capitalization stocks. Today, the sensex is regarded as the barometer of the markets and is used to decribe the trend of the market.How Sensex is calculated?The Sensex is calculated on the movement of the 30 largest stocks on BSE, by a method that is known as the “ free float market capitalization” method, which is the widely expected method across the globe. In a company only few shares available in trading except shares held by founders or government which may not available for trading. The list of stocks that comprise the sensex presently include:Bajaj Auto, bharti Airtel, Bhel, Cipla, Coal India, DLF, Gail India, HDFC, HDFC Bank, Hero Motocorp, Hindalco Inds, Hindustan Unilever, ICICI bank, Infosys, ITC, Jindal Steel, L&T, Mahindra & Mahindra, Maruthi Suzuki, NTPC, ONGC, RIL, SBI, Sterlite Inds, Sun Pharma, Tata Motors, Tata Power, Tata Steel, TCS and Wipro.Know about India's third bourse after Bombay Stock Exchange and National Stock Exchange, known as the HYPERLINK "http://www.goodreturns.in/classroom/2013/03/what-is-mcx-sx-162151.html" \t "_blank" MCX- SX. BSE SENSEX
The Bombay Stock Exchange building located on Dalal Street, MumbaiThe S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive Index), also-called the BSE 30 or simply the SENSEX, is a free-float market capitalization-weighted stock market index of 30 well-established and financially sound companies listed on BSE Ltd. The 30 component companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. 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 S&P BSE SENSEX is 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 S&P BSE SENSEX. As of 21 April 2011, the market capitalisation of S&P BSE SENSEX was about 29733 billion (US$473 billion) (47.68% of market capitalisation of BSE), while its free-float market capitalisation was 15690 billion (US$249 billion). The term Sensex was coined by Deepak Mohoni, a stock market analyst. Components
The BSE Sensex currently consists of the following 30 major Indian companies as of 17 February 2012. # Company Industry Scrip
1 Housing Development Finance CorporationConsumer finance 5000102 CiplaPharmaceuticals 5000873 Bharat Heavy ElectricalsElectrical equipment 5001034 State Bank Of IndiaBanking 5001125 HDFC BankBanking 5001806 Hero MotocorpAutomotive 5001827 InfosysInformation Technology 5002098 Oil and Natural Gas CorporationOil and gas 5003129 Reliance IndustriesOil and gas 50032510 Tata PowerPower 50040011 Hindalco IndustriesMetals and Mining 50044012 Tata SteelSteel 50047013 Larsen & ToubroConglomerate 50051014 Mahindra & MahindraAutomotive 50052015 Tata MotorsAutomotive 50057016 Hindustan UnileverConsumer goods 50069617 ITCConglomerate 50087518 Sterlite IndustriesMetals and Mining 50090019 WiproInformation Technology 50768520 Sun PharmaceuticalPharmaceuticals 52471521 GAILOil and gas 53215522 ICICI BankBanking 53217423 Jindal Steel & PowerSteel and power 53228624 Bharti AirtelTelecommunication 53245425 Maruti SuzukiAutomotive 53250026 Tata Consultancy ServicesInformation Technology 53254027 NTPCPower 53255528 DLFReal estate 53286829 Bajaj AutoAutomotive 53297730 Coal IndiaMetals and Mining 533278Calculation The BSE constantly reviews and modifies its composition to be sure it reflects current market...
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