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The Sensex, also known as the Sensitive Index, is a key stock market index that evaluates the performance of the top 30 companies listed on the Bombay Stock Exchange (BSE). The calculation of the Sensex is based on the free-float market capitalization method. This method involves considering only the freely tradable shares when calculating the index. The formula for calculating the Sensex is as follows:
- Sensex = (Sum of the market capitalization of 30 companies / Base Market Capitalization) x Base Index Value
The Base Market Capitalization and Base Index Value are periodically adjusted to ensure the index's continuity and accuracy in reflecting the market's true state. The Sensex serves as a widely recognized benchmark for assessing the performance of the Indian stock market and the overall economy.
From India, Gurugram
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- Sensex = (Sum of the market capitalization of 30 companies / Base Market Capitalization) x Base Index Value
The Base Market Capitalization and Base Index Value are periodically adjusted to ensure the index's continuity and accuracy in reflecting the market's true state. The Sensex serves as a widely recognized benchmark for assessing the performance of the Indian stock market and the overall economy.
From India, Gurugram
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