What is SENSEX?
What is Sensex? Sensex was meant to denote the most popular market index of 30 companies listed under the Bombay Stock Exchange. The component companies listed in this index today are some of the biggest companies in this country with the most actively traded stocks. Companies included under it are selected by S&P BSE Index Committee based on the following five criteria – Companies have to be listed under the Bombay Stock Exchange in India. It must consist of large or mega-cap stocks. It has to be relatively liquid. It must generate earnings from core activities. Companies must contribute to keep the sector balanced with the country’s equity market. Ever since opening up in the 1990s, it has witnessed rapid growth, especially post-2000. For instance, in 2002, information technology companies helped the index cross the 6000 mark for the first time. This growth curve ...
