Share Market Points

This query is : Resolved 

20 January 2011 Dear Sir/Madam,

In share market every one will talk about that today market is down by 150 points or up 200 points

My question is

what exactly this means?
How these points are computed?
Why it is keep on changing?

22 January 2011
hi

SENSEX will be computed based on 30 best companies selected from each sector. Depending upon this movement only SENSEX INDEX will move up and down.

The Companies are



Company Name
Industry

Bajaj Auto
Auto - 2 & 3 Wheelers

Bharti Airtel
Telecommunications - Service

BHEL
Engineering - Heavy

Cipla
Pharmaceuticals

DLF
Construction & Contracting - Real Estate

HDFC
Finance - Housing

HDFC Bank
Banks - Private Sector

Hero Honda
Auto - 2 & 3 Wheelers

Hindalco
Aluminium

HUL
Personal Care

ICICI Bank
Banks - Private Sector

Infosys
Computers - Software

ITC
Cigarettes

Jaiprakash Asso
Construction & Contracting - Civil

Jindal Steel
Steel - Sponge Iron

Larsen
Engineering - Heavy

Mah and Mah
Auto - Cars & Jeeps

Maruti Suzuki
Auto - Cars & Jeeps

NTPC
Power - Generation/Distribution

ONGC
Oil Drilling And Exploration

Reliance
Refineries

Reliance Comm
Telecommunications - Service

Reliance Infra
Power - Generation/Distribution

SBI
Banks - Public Sector

Sterlite Ind
Metals - Non Ferrous

Tata Motors
Auto - LCVs/HCVs

Tata Power
Power - Generation/Distribution

Tata Steel
Steel - Large

TCS
Computers - Software

Wipro
Computers - Software


bye


22 January 2011 THX EXPERTS.

DEAR AUTHOR,

First of all, 1 point on the U.S. stock market is equal to 1 U.S. dollar. For example, if stock in a certain company is down by 10 points, that is equivalent to ten dollars. The Down Jones Industrial Average is a cumulative number that represents the stocks of 30 large U.S. companies that are considered to be good indicators of the market's overall health. Thus, when the Dow Jones Industrial Average takes a sharp downtown, or a sudden upturn, we can use it to hypothesize about the overall state of the economy.

To clarify the term "stock", a stock can be defined as a share held in a company by an individual. A stock may be purchased for a given price based on market speculation, and then sold for either a profit or a loss. When the Dow Jones Average plummets, stocks in the 30 companies have also fallen.

I hope this helps


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details