What is Sensex or S&P BSE Sensex?

What is sensex or S&P BSE Sensex?
What is sensex or S&P BSE Sensex?
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What is Sensex or S&P BSE Sensex?

Overview

In India, stock/share trading is carried out through two stock exchanges namely the Bombay Stock Exchange or “BSE” and National Stock Exchange or “NSE”. It is also called BSE 30 or the SENSEX. The full form of S&P BSE SENSEX  is S&P Bombay Stock Exchange Sensitive Index.

There are numerous companies listed on these stock exchanges. Based on the demand and supply of a particular share, the share prices of these companies keep changing. To understand a general market trend; it is difficult to track the share prices of all the listed companies. Hence, the share prices of the 30 well established, largest, most liquid, and financially sound companies across the various key sectors in the country are tracked. These companies represent the overall market and free-float market-weighted average share prices of these companies comprise of SENSEX.

In short, SENSEX is an index computed from the selected companies’ stock prices. It is always under review and modifies its composition to reflect the current market condition.

What are BSE Sensex constituents?

As of 10th February 2021, the following companies constitute the BSE Sensex.

Asian Paints Larsen & Toubro
Axis Bank Mahindra & Mahindra
Bajaj Auto Maruti Suzuki
Bajaj Finance Nestlé India
Bajaj Finserv NTPC
Bharti Airtel Oil and Natural Gas Corporation
HCL Technologies Power Grid Corporation of India
HDFC Reliance Industries Limited
HDFC Bank State Bank of India
Hindustan Unilever Limited Sun Pharma
ICICI Bank Tata Steel
IndusInd Bank Tata Consultancy Services
Infosys Tech Mahindra
ITC Limited Titan Company
Kotak Mahindra Bank UltraTech Cement

 

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About CA Janhavi Phadnis 78 Articles
Chartered Accountant and financial consultant. She has worked with corporates for 14 years with expertise in Forex-Treasury, Accounting, and Corporate Tax. She can be contacted at info.financepost@gmail.com

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