What is difference between nifty & sensex?
Answers:
nifty is an indicator of the show of the companies nominated within national stock exchange situated contained by delhi. its an index or a benchmark of the financial rite of the companies.
Sensex is an indicator of the financial show of those companies which r tabled within Bombay stock exchane situated within Bombay.
Nifty constitutes of 50 companies whereas sensex constitutes of 30 companies.
nifty is a reciprocal holding of nse and iisl
when nifty n sensex go down it signifies that d majority of the companies' stock prices enjoy fall down and vice -verca
nifty accounts for 70% of total marketplace capitalisation
NIFTY is the index of National Stock Exchange(NSE)
SENSEX is the index for Bombay Stock Exchange (BSE)
Nifty Represents 50 Stocks, (which are besides the other more than 1200 stocks programmed at the National Stock Exchange) on which the Index of the National Stock Exchange moves up or down.
Sensex Represents 33 Stocks, (which are besides the other more than 7000 stocks nominated at the Bombay Stock Exchange) on which the Index of the Bombay Stock Exchange moves up or down.
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Nifty is of National Stock Exchange(NSE) and Sensex is of Bombay Stock Exchange(BSE).