What are the objectives of SENSEX? 

The SENSEX is the benchmark index of the Indian Capital Markets with wide acceptance among individual investors, institutional investors, foreign investors and fund managers. The objectives of the index are: 

To measure market movements 
Given its long history and its wide acceptance, no other index matches the SENSEX in reflecting market movements and sentiments. SENSEX is widely used to describe the mood in the Indian Stock markets. 

Benchmark for funds performance 
The inclusion of blue chip companies and the wide and balanced industry representation in the SENSEX makes it the ideal benchmark for fund managers to compare the performance of their funds. 

For index based derivative products 
Institutional investors, money managers and small investors all refer to the SENSEX for their specific purposes The SENSEX is in effect the proxy for the Indian stock markets. The country's first derivative product i.e. Index-Futures was launched on SENSEX.

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