Sensex and Nifty: In today time people are very much connected to the stock market and in this article we are going to tell you some special things about Sensex and Nifty. Newspapers TV channels and newspapers carry news of him every day. But have you ever tried to know the difference between Sensex and Nifty? If you do not know the difference between these two then today we are going to give you complete information about these two.
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BSE is an index of the Bombay Stock Exchange. The Sensex index ranks the 30 largest companies in the country from 13 different sectors on the basis of market cap. These companies include TCS Infosys and HDFC. As of this writing the value of the Sensex is 58786.67.
The Sensex was launched on January 1 1986. A total of 30 companies are included in Sensex. It is also known as BSE30. The movement in the Sensex shows what is the situation of the big companies and the stock market in the country.
The Nifty is an index of the National Stock Exchange. There are 50 companies in the country. All these companies are selected from 12 different major sectors of the country. The term Nifty is made up of National and 50. Nifty is also known as Nifty 50.
It was started in 1994. When it fluctuates it shows in which direction the market is moving and whether it is running in profit or in loss. What is the difference between Sensex and Nifty?
Difference between the two
The Sensex is listed on the Bombay Stock Exchange and the Nifty is listed on the National Stock Exchange.
There are 30 companies in the Sensex index and 50 companies in the Nifty index.
The value of Sensex is 100 while the value of Nifty is 1000.