Sensex & nifty

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24 August 2012 What is Sensex & Nifty? Can u explain me in detail?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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24 August 2012 NIFTY is an Index computed from performance of top stocks from different sectors listed on NSE (National stock exchange). NIFTY consists of 50 companies from 24 different sectors. NIFTY stands for National Stock Exchange’s Fifty. The companies which form index of NIFTY may vary from time to time based on many factors considered by NSE. NIFTY is for NSE similarly SENSEX is for BSE based on 30 stocks in Bombay Stock exchange

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25 August 2012 How the stock market position can be determined through NIFTY & SENSEX?? i.e. when NIFTY is negative or positive what conclusions can be drawn therefrom?? plz give answer in detail!!!!!

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CA Suresh Jain

CA Suresh Jain (Expert)
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28 August 2012 You can not draw any inference forget about the conclusion of the market position from the movement of Index. More than fundamentals there are sentiments and the availability and mood of big players.