26 February 2014

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What is difference between Sensex and Nifty Index?

What is difference between Sensex and Nifty Index?

In India there are two major stock exchanges they are

1)Bombay Stock Exchange ( BSE)

2)National Stock Exchange ( NSE)

BSE is older than NSE

The index of the BSE is called as Sensex
The index of NSE is called as Nifty.

The difference between BSE and NSE is they both are different stock exchanges.

1)
Sensex – It is also called as BSE Sensex
It comprises of 30 stocks which are listed in BSE.

2)
Nifty –
It is also called as NSE Nifty.
It comprises of 50 stocks which are listed on the NSE

Prices of the Equity Shares on both the stock exchanges are  nearly similar

For their services both stock exchanges charge differently

What does it mean when we hear that Sensex has gone 200 points up or Nifty has gone up by 180 Points?

It means that all shares that is 30 shares in Sensex and 50 Shares in Nifty are doing well and the prices of equity shares are increasing

Gone up = Increase in shares

Sensex or Nifty down - Means the equity share prices are falling

Reality views by sm –

Wednesday, February 26, 2014

Tags – Stock Market Basics Concepts NSE BSE


8 comments:

Kirtivasan Ganesan February 26, 2014  

With so much dirt in politics and talks of third front(read - more people to share), I am sure realty will go down.

Akanksha Jain February 26, 2014  

I am glad to read your useful post. I am sure of gaining tremendous knowledge on economics by visiting you regularly

Kirtivasan Ganesan February 26, 2014  

Thanks for sensex Mumbai; nifty India knowledge. Informative.
NMDC is indeed down. 60% brokerage expected.
More importantly, should I continue share advice?

SM February 27, 2014  

@Kirtivasan Ganesan

thanks
Until elections it will continue
up and down good for experienced traders to grab the opportunities

Destination Infinity February 27, 2014  

I wish this post was a bit more detailed. I am sort of ignorant of macro-economics, but I want to learn more!

Destination Infinity