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Best robo advisors for managing Indian crypto assets ✌️【Job Vacancy】✌️Join the blockchain revolution. ₹500 can unlock massive monthly profits. Start now!The BSE Sensex, often simply referred to as the Sensex, is one of the two major stock market indices in India, the other being the NSE Nifty.
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.
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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.
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