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