Share Market Points

This query is : Resolved

Raghunandana C K (Querist)
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20 January 2011 Dear Sir/Madam,

In share market every one will talk about that today market is down by 150 points or up 200 points

My question is

what exactly this means?
How these points are computed?
Why it is keep on changing?

ALLU

ALLU (Expert)
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22 January 2011
hi

SENSEX will be computed based on 30 best companies selected from each sector. Depending upon this movement only SENSEX INDEX will move up and down.

The Companies are

Company Name
Industry

Bajaj Auto
Auto - 2 & 3 Wheelers

Bharti Airtel
Telecommunications - Service

BHEL
Engineering - Heavy

Cipla
Pharmaceuticals

DLF
Construction & Contracting - Real Estate

HDFC
Finance - Housing

HDFC Bank
Banks - Private Sector

Hero Honda
Auto - 2 & 3 Wheelers

Hindalco
Aluminium

HUL
Personal Care

ICICI Bank
Banks - Private Sector

Infosys
Computers - Software

ITC
Cigarettes

Jaiprakash Asso
Construction & Contracting - Civil

Jindal Steel
Steel - Sponge Iron

Larsen
Engineering - Heavy

Mah and Mah
Auto - Cars & Jeeps

Maruti Suzuki
Auto - Cars & Jeeps

NTPC
Power - Generation/Distribution

ONGC
Oil Drilling And Exploration

Reliance
Refineries

Reliance Comm
Telecommunications - Service

Reliance Infra
Power - Generation/Distribution

SBI
Banks - Public Sector

Sterlite Ind
Metals - Non Ferrous

Tata Motors
Auto - LCVs/HCVs

Tata Power
Power - Generation/Distribution

Tata Steel
Steel - Large

TCS
Computers - Software

Wipro
Computers - Software

bye

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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22 January 2011 THX EXPERTS.

DEAR AUTHOR,

First of all, 1 point on the U.S. stock market is equal to 1 U.S. dollar. For example, if stock in a certain company is down by 10 points, that is equivalent to ten dollars. The Down Jones Industrial Average is a cumulative number that represents the stocks of 30 large U.S. companies that are considered to be good indicators of the market's overall health. Thus, when the Dow Jones Industrial Average takes a sharp downtown, or a sudden upturn, we can use it to hypothesize about the overall state of the economy.

To clarify the term "stock", a stock can be defined as a share held in a company by an individual. A stock may be purchased for a given price based on market speculation, and then sold for either a profit or a loss. When the Dow Jones Average plummets, stocks in the 30 companies have also fallen.

I hope this helps

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