Markets Today Highlights: Banking shares stole the show among sectors, with Nifty PSU Bank, and Private Bank indices ending higher by over 2 per cent each.
Sensex Today | Stock Market LIVE Updates | Indian benchmark indices Sensex and Nifty traded in the green on Tuesday, reflecting gains in Asian markets after ...
Sensex, Nifty stock market - 10 things to know with detail
The Sensex and Nifty are two of the most widely followed stock market indices in India. The Sensex, short for the Sensitive Index, is managed by the Bombay Stock Exchange (BSE) and consists of the top 30 companies listed on the exchange. The Nifty, on the other hand, is managed by the National Stock Exchange (NSE) and consists of the top 50 companies listed on the exchange.
The Sensex and Nifty are used as barometers for the overall health of the Indian stock market. They provide investors with a snapshot of how the top companies in India are performing on a daily basis.
The Sensex and Nifty are calculated using the free-float market capitalization weighted method. This means that the companies with higher market capitalization have a greater impact on the index.
The Sensex and Nifty are updated in real-time throughout the trading day, providing investors with up-to-date information on the performance of the stock market.
The performance of the Sensex and Nifty is influenced by a variety of factors, including company earnings, economic indicators, political events, and global market trends.
Investors can track the performance of the Sensex and Nifty through various financial news outlets, as well as through online trading platforms and mobile apps.
The Sensex and Nifty are used by investors to gauge the overall direction of the stock market and make informed investment decisions.
Both indices have seen significant growth over the years, reflecting the growth of the Indian economy and the increasing interest of investors in the Indian stock market.
The Sensex and Nifty are also used as benchmarks for mutual funds and other investment products, with many funds aiming to outperform these indices.
While the Sensex and Nifty are important indicators of the stock market, it is important for investors to conduct their own research and due diligence before making investment decisions.