#Sensex : What is Sensex - How Sensex is Calculated?
The founder and CEO of IndianMoney.com is back with a very interesting video. This is a video on the SENSEX. He says that many people, including commoners, are familiar with the term SENSEX. What exactly is the SENSEX? How does it work? Only a few people have an idea, says the founder of IndianMoney.com.
In this video, he has also busted myths on the SENSEX. For example, gold price changes in-line with SENSEX. BSE SENSEX, simply known as SENSEX, is a free-float market-weighted stock market index of 30 financially sound and renowned companies registered on the Bombay Stock Exchange or BSE. It is a barometer of the economy and a key element to be considered by stock investors. On 1st April 1979, the base value of SENSEX was 100 index points. Today, it is over 37,000 index points. What does a change in SENSEX signify? Watch this video to get the answer. Thanks if you have already watched it.
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