28 December 2010
goodmorning to all my friends. i am always confused about sensex,nifty ,BSE, & NSE. plz tell what is these & how we can invest in share wisely.
28 December 2010
The Sensex is an "index". What is an index? An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down.
The Sensex is an indicator of all the major companies of the BSE.
The Nifty is an indicator of all the major companies of the National Stock Exchange (NSE).
If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the Bombay Stock Exchange (BSE) have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.