Iam sure that everyone will hear the term 'SENSEX'. When watching news channels or reading news papers we can often see that the SENSEX hits 20000 or the SENSEX is crashed by 150 points or something like that.
Do you know how market calculates the value of SENSEX......??????
1) BSE SENSEX consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange.
2) For the calculation of the index we take '1978-79' year as the 'Base Year.
3) The Base value of these shares is set as '100' in '1979 April'
4) We are calculating and adding the 'Market Capitalisation' of this 30 shares together.
Market Capitalisation= (Number of shares * Share value)
5) We are comparing this Market Capitalisation value with the '78-79' base year Market Capitalisation value and representing it in Percentage.
6) Finally we get the value of BSE SENSEX.
The 30 stocks are the following
- ACC
- BHARTI AIRTEL
- BHEL
- DLF
- GRASIM
- HDFC
- HDFC BANK,
- HINDALCO
- HUL
- ICICI BANK
- INFOSYS
- ITC
- JAIPRAKASH ASSOCIATES
- L&T
- MAHINDRA & MAHINDRA
- MARUTI SUZUKI
- ONGC
- NTPC
- RANABAXY LAB
- RELIANCE
- RELIANCE COMM
- RELIANCE INFRASTRUCTURE
- SATYAM
- SBI
- STERLITE INDUSTRY
- TATA MOTORS
- TATA POWER
- TATA STEEL
- TCS
- WIPRO.
(SENSEX is acronym for 'Sensitive Index'. Often it is known as BSE-30 index. SENSEX published for the first time in 1986 January 2nd)
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
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