What are the BSE Sensex & the NSE Nifty?

The Sensex is an "index". What is an index? An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down.

The Sensex is an indicator of all the major companies of the BSE.

The Nifty is an indicator of all the major companies of the NSE.

If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.

Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE.

Just in case you are confused, the BSE, is the Bombay Stock Exchange and the NSE is the National Stock Exchange. The BSE is situated at Bombay and the NSE is situated at Delhi. These are the major stock exchanges in the country. There are other stock exchanges like the Calcutta Stock Exchange etc. but they are not as popular as the BSE and the NSE.Most of the stock trading in the country is done though the BSE & the NSE.

Besides Sensex and the Nifty there are many other indexes. There is an index that gives you an idea about whether the mid-cap stocks go up and down. This is called the “BSE Mid-cap Index”. There are many other types of indexes.

There is an index for the metal stocks. There is an index for the FMCG stocks. There is an index for the automobile stocks etc.

All About Sensex, Launch of BSE Sensex

What is Sensex in the stock market?

What are the objectives of SENSEX?

How to calculate BSE SENSEX?

What is the beta of SENSEX scrips?

SENSEX - Scrip selection criteria

Maintenance of SENSEX

How is the closing Index calculated?

What are the criteria for selection and review of scrips for the SENSEX?

Who selects these 30 stocks & How do they select these 30 stocks?

Dollex series of BSE indices

Book Building - About Book Building

Definition of Free-float & Determining Free-float factors of companies

Understanding Free-float Methodology & Its Major advantages

Book Building - Glossary

Companies that form the NSE Nifty Index

BSE 100 Index
BSE 200 Index
BSE 500 Index
BSE TECk INDEX
BSE BANKEX