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Q109 (UPPCS/2021) Economy › Money, Banking & Inflation

'SENSEX' is the popular Index of Bombay Stock Exchange (BSE). It is measured on the basis of how many blue chip companies listed in BSE ?

Result
Your answer: —  ·  Correct: B

Explanation

The S&P BSE SENSEX (Stock Exchange Sensitive Index) is the benchmark index of the Bombay Stock Exchange (BSE). It is composed of 30 large, liquid, and representative companies listed on the BSE, which are often referred to as "blue-chip" companies.

  • History: Launched in 1986, it is the oldest stock index in India.
  • Base Period: It uses 1978–79 as the base year with a base value of 100.
  • Calculation: It is calculated using the free-float market capitalization method, meaning it only considers the shares available for trading by the general public rather than the total shares outstanding.

The index is reviewed semi-annually to ensure it reflects current market dynamics. While SENSEX tracks 30 companies, the National Stock Exchange (NSE) benchmark index, NIFTY 50, tracks 50 companies.

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SIMILAR QUESTIONS

IAS · 2005 · Q21 Relevance score: 4.14

Consider the following statements: 1. Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE) 2. For calculating the Sensex, all the Sensex stocks are assigned proportional weightage. 3. New York Stock Exchange is the oldest stock exchange in the world. Which of the statements is/are correct?

IAS · 2000 · Q62 Relevance score: 0.74

A rise in ‘SENSEX’ means

CDS-II · 2009 · Q87 Relevance score: -1.70

Which one of the following statements is not correct?

IAS · 2000 · Q53 Relevance score: -2.00

The upper part of the given graph is a hypothetical movement in the BSE Sensex over a few months and the lower part is the fluctuation in the average value of automobile shares in the same period (actual values not given). Which one of the following inferences can be drawn from the graphs ?

IAS · 1994 · Q134 Relevance score: -2.23

Study the graphs given below : The first graph depicts a hypothetical movement of Bombay Stock Exchange Sensitive index which is an indicator of the average price movement of a representative set of stocks. The second graph depicts the averaged price of all automobile manufacturing companies. Which one of the following is a valid inference ?