Full Form of SENSEX
The Full form of SENSEX is Stock Exchange Sensitive Index. Which is the oldest stock exchange in India also known as Bombay Stock Exchange. The Sensex is the benchmark index of the Bombay Stock Exchange. It was started in 1986 to assess the performance of the Indian financial market. Sensex stocks constitute 30 prominent stocks from varied sectors, which are actively traded in the stock exchange daily. These companies are also known as Blue chip companies of India. The 30 component companies which are some of the most actively and largest traded stocks are representative of various organizational sectors of the Indian economy.
BSE 30 companies as on Jan-2021
- Tata Consultancy Services Ltd
- Mahindra & Mahindra Ltd
- State Bank Of India
- Bharti Airtel Ltd
- Larsen & Toubro Ltd
- Sun Pharmaceutical Industries Ltd
- Bajaj Auto Ltd
- IndusInd Bank Ltd
- ITC Ltd
- Maruti Suzuki India Ltd
- HCL Technologies Ltd
- Tech Mahindra Ltd
- Axis Bank Ltd
- Housing Development Finance Corporation Ltd
- Asian Paints Ltd
- Infosys Ltd
- Nestle India Ltd
- Reliance Industries Ltd
- Ultra tech Cement Ltd
- Oil & Natural Gas Corporation Ltd
- Kotak Mahindra Bank Ltd
- Tata Steel Ltd
- Power Grid Corporation Of India Ltd
- Hindustan Unilever Ltd
- NTPC Ltd
- Bajaj Finance Ltd
- Titan Company Ltd
- HDFC Bank Ltd
- ICICI Bank Ltd
Important FAQs About SENSEX :-
How is the SENSEX calculated?
The BSE SENSEX is calculated by the ‘Free-Float Market Capitalisation’ method.
Are BSE Top 30 Stocks the same as BSE SENSEX ?
YES The BSE SENSEX is a free-float weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange.
Benefits of investing in SENSEX?
- Better returns
- Reducing Portfolio risk
- Less expensive
- Portfolio Diversification
How to invest in BSE SENSEX?
Invest through any of the sensex based index funds or ETFs
What are the criteria for selection and review of Securities for the S&P BSE SENSEX?
Criteria for selection based on Market Capitalization ,Average Daily Trades, Listed History etc
Prdiction for Sensex 2021 :
Sensex can breach 50 Thousand and Nifty to trade between 14-15 Thousand