SENSEX Index
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The BSE SENSEX Index is a capital market index compiled by the Bombay Stock Exchange Limited. It comprises 30 stocks representing highly capitalized Indian companies.
Overview
The index was first compiled and launched in 1986, using 1978-79 as a base year year with base value of 100. The SENSEX is the only market index in India constructed with "free float capitalization" as opposed to "full market capitalization" methodology. The index represents approximately 43% of the total capitalization of the Bombay Stock Exchange[1]
On April 4, 2008 the U.S. Futures Exchange launched futures USFE SENSEX Index. The contract is cash-settled in USD.
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References
- ↑ http://www.bseindia.com/. Bombay Stock Exchange. Retrieved on July 24, 2008.
