Top New Year Stock Picks for 2025: Best Investment Opportunities
What are Sensex and Nifty?
Last Updated: 25th June 2024 - 11:19 am
Sensex and Nifty are stock market indices which represent Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) respectively.
Watch What is Sensex and Nifty? | Sensex और NIFTY क्या है:
What is Sensex
Sensex is an Index which belongs to the BSE Listed stocks which is India’s first listed exchange which was established in 1875. Sensex has the total companies listed which are close to around 6000. The Sensex total market capitalisation of all the companies listed on BSE is ₹ 1,24,69,879 crore. The S&P BSE SENSEX - BSE's popular equity index - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa). Sensex consists of 30 top scrips from different sectors which forms this index. SENSEX is calculated on a free-float market capitalization methodology and the performance of these stocks impact the performance of Sensex.
What is Nifty
Nifty, the index used by the National Stock Exchange (NSE), includes 50 top-performing stocks from various sectors. Established in 1994, Nifty comprises sectors such as IT, consumer goods, financial services, and automobiles. Initially known as CNX Nifty, it was renamed Nifty50 in 2015. NSE launched Nifty 50 Index futures trading on TAIFEX in 2016. Nifty reflects market trends by selecting high-performing stocks, contributing to the total market capitalization of ₹ 12,282,127 crore.
About 5paisa:- 5paisa is an online discount stock broker that is a member of NSE, BSE, MCX and MCX-SX. Since its inception in 2016, 5paisa has always promoted the idea of self-investment and has ensured that 100% operations are executed digitally with minimal to no human interventions.
Our all-in-one Demat account makes investment hassle free for everyone, be it an individual newly venturing into the investment market or a pro investor. Headquartered in Mumbai, 5paisa.com - a subsidiary of IIFL Holdings Ltd (formerly India Infoline Limited), is the first Indian public listed fintech company.
Frequently Asked Questions
Which is best, Nifty or Sensex?
What are Nifty and Sensex in simple words?
What is the basic difference between Sensex and Nifty?
Which is the older Sensex or Nifty?
- Flat ₹20 Brokerage
- Next-gen Trading
- Advance Charting
- Actionable Ideas
Trending on 5paisa
Indian Stock Market Related Articles
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.