What is the Full Form of SENSEX ?
SENSEX - Stock Exchange Sensitive Index
BSE SENSEX or just SENSEX is the market indicator of the position of stocks listed in the Bombay Stock Exchange (BSE or BSE 30). The SENSEX is calculated on the basis of 30 well-established and financially sound companies listed in BSE. It is calculated using the “free-float market capitalization” method, which is the world wide accepted method for calculating market index.
List of the Companies which comprise BSE SENSEX:-
- ICICI Bank
- Bharat Heavy Electricals Limited (BHEL)
- State Bank Of India
- HDFC Bank
- Oil and Natural Gas Corporation
- Reliance Industries
- Larsen & Toubro
- Hindustan Unilever
- Tata Consultancy Services
- Bharti Airtel and 19 others
Note: The list of the companies in BSE may change from time to time depending on the market condition of the Companies.