Stock market indices track the performance of a group of stocks. They give a snapshot of the market's overall health and trends.
The two main stock indices in India are the Sensex and the Nifty. They represent the top 30 and 50 companies listed on the BSE and NSE, respectively.
Both Sensex and Nifty are calculated based on free-float market capitalization. This method ensures that the indices reflect the market's actual trading behaviour.
These indices include companies from various sectors such as finance, IT, energy, and consumer goods, providing a comprehensive market overview
Stock indices are barometers of market sentiment and economic health. Rising indices indicate investor confidence, while falling indices may signal economic concerns
Understanding stock market indices like Sensex and Nifty is crucial for any investor. They are essential tools for tracking market trends and making informed investment choices.