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Published on: 2025-03-06 23:38:48 Published on: 2025-03-06 23:38:48

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It is maintained by the Bombay Stock Exchange (BSE) and is used as a benchmark to measure the performance of the Indian stock market.Inception:The BSE Sensex was first introduced on January 1, 1986, with a base value of 100.

Blockchain for enabling cross border wealth transfers ✌️【Return】✌️Start investing with ₹500 and watch your wealth grow through blockchain-powered tools!This means that the index value was set at 100 on its inception date, and subsequent changes in the index reflect the relative performance of the stocks included in it.Composition:The Sensex consists of a select group of 30 of the largest and most actively traded stocks listed on the BSE.

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Blockchain for enabling cross border wealth transfers ✌️【Return】✌️High returns await! Invest ₹500 and start seeing profits grow exponentially each month.They are chosen based on specific criteria, including market capitalization, liquidity, and trading volume.Purpose:The primary purpose of the Sensex is to provide a broad and representative view of the Indian stock market's performance.

It serves as a barometer for investors, analysts, and policymakers to gauge the overall health and direction of the Indian economy.Calculation:The Sensex is calculated using a free-float market capitalization-weighted methodology.

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Companies may be added or removed from the index based on their performance and market capitalization.Use as a Benchmark:The Sensex is widely used as a benchmark by investors, fund managers, and financial institutions to assess the performance of their investments and portfolios.

It is also used as a reference point for various financial products, including mutual funds and exchange-traded funds (ETFs).Blockchain for enabling cross border wealth transfers High Return Investments for Everyone: Start Now

Editor: 【Return】