munka istentisztelet
899 Points
Joined April 2011
Originally posted by : CA ANOOP DANGWAL |
 |
Its due to year of formation. Sens*x is much more older than Nifty, and as per market capitalization, sens*x or Nifty points is calculated. Suppose, Reliance industry formed in 2000 with base price of share, lets assume 100. Now, in 2013 due to market capitalization , market price of share 2400. Other company Reliance telecommunication formed in 2006 with share price of 100. Now in 2013, market price of share 800. Difference is year of formation of two.
|
 |
well said....but rather than saying year difference ...u can say the market capitalization is the main point of difference between them.......
here we calculate sens*x ..for the first time in year 1978
sens*x= base market value*current market capitalization/old market capitalization
bae market value = 100
old market capitalization is the capitalization in year 1978
nifty ....first time in year 1995
formula is same
nifty= base value (1000)* CMP/market capitalization in the year 1995
but now there is some change in calculating the index.....now it is calculated on FREE FLOAT MARKET CAPITALIZATION RATHER THAN FULL MARKET CAP.....