Sensex V/s Nifty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2010
why is nifty 5300 and sensex 17000?
whats the basic differnece in the number?
whats the basic differnece in the number?
05 May 2010
Sensex stands for Sensitive Index which consists of 30 stocks of BSE in its basket. The base year of SENSEX is 1978-79 and the base value is 100.
Nifty stands for NSE Fifty which consists of 50 stocks of NSE in its basket.For Nifty the base year is 1995 and the base value 1000.
Since there is a difference in the base year and base value and different stock exchange, there is a difference in the index value.
Nifty stands for NSE Fifty which consists of 50 stocks of NSE in its basket.For Nifty the base year is 1995 and the base value 1000.
Since there is a difference in the base year and base value and different stock exchange, there is a difference in the index value.
05 May 2010
sir how change in nifty and sensex is an indicator of our development......why we disucuss it every moment in news
05 May 2010
Sensex and Nifty comprises of the top blue chip companies from various sectors. Their turnover, profitability, actions and reactions, presence in global market, expansion , mergers etc. affects very much to the economic develeopment, GDP, financial status of the country.
The global world can assess the growth or downward of the economy by the upward or downward movement. Also, it comprises of companies from different sectors that indicates the overall growth or downfall of the economy as a whole.
The global world can assess the growth or downward of the economy by the upward or downward movement. Also, it comprises of companies from different sectors that indicates the overall growth or downfall of the economy as a whole.
05 May 2010
thank you...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
