What Is The Full Form Of Sensex?
The Full Form Of SENSEX is Stock Exchange Sensitive Index. It is a market indicator of the position of stock that is listed in the BSE (Bombay Stock Exchange). Generally, Sensex is calculated on the basis of 30 well-established and financially sound companies in BSE.
|Full Form Of Sensex|
It gives a general idea about the position of stock to investors. This idea is helpful to identify whether the most of stock has gone up or gone down. Sensex is calculated by using the “free float” market capitalization method which is a worldwide famous method for calculating the index value of the stock.
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After knowing SENSEX full form, now we are going to discuss companies that are included in Sensex that are as follow :
List of the company that is included in Sensex:
- Bharti Airtel Ltd
- Bajaj Auto Ltd
- Bharat Heavy Electricals Ltd
- AXIS Bank
- HDFC Bank Ltd
- Coal India Ltd
- Dr. Reddy’s Laboratories Ltd
- GAIL Ltd
- Cipla Ltd
- Hero MotoCorp Ltd
- Hindalco Industries Ltd
- Hindustan Unilever Ltd
- Housing Development Finance Corporation Ltd
- ICICI Bank Ltd
- Infosys Ltd
- Reliance Industries Ltd
- Larsen & Toubro Ltd
- Mahindra and Mahindra Ltd
- Maruti Suzuki India Ltd
- NTPC Ltd
- Oil and Natural Gas Corporation Ltd
- ITC Ltd
- Sesa Goa Ltd
- State Bank of India
- Wipro Ltd Sun
- Tata Consultancy Services Ltd
- Tata Motors Ltd
- Tata Power Company Ltd
- Tata Steel Ltd
- Pharmaceutical Industries Ltd
Note: the status of these Sensex selected companies may change according to the market condition of the stock market.
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How to calculate BSE Sensex
Sensex full form is Stock Exchange Sensitive Index, now it is important to know how it is calculated. Sensex is calculated by using the “free-float market capitalization method”. As per this method, the index shows the value of the thirty most well-established and financially sound companies in BSE.
The market capitalization of a company is determined by multiplying the price to its stock by a number of shared issues and then multiply by the free float factor to determine the market value of that particular stock.
Purpose of Sensex indexing
- Benchmark for investment:
It is the main purpose of Sensex to provide a benchmark to investors so that they can compare between two securities and identify the best option for themself. It provides the real-time position of those top-performing securities that are performing well in the market.
It provides the position of the top 30 well-performing companies in BSE:
It is one of the best indexes that indicate the position of the top 30 well-performing companies in the market. The calculation of Sensex depends on many factors like the price of the stock, the number of shared issues, etc.
Other Sensex full form:
- Sensitive Index of Share Prices