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Indian stock market index
The BSE SENSEX is an Indian free-float market-weighted stock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. Published since 1 January 1986, the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978–79.
More on Wikipedia ↗The Indian stock market is facing notable turmoil, with a pronounced selloff impacting major players like Tata Motors and Infosys. Currently, a staggering 84% of Nifty 50 stocks are underperforming their 200-day moving averages. In contrast, smaller stocks are showing notable strength, as many in the Nifty 500…
HDFC Bank fell 2.16 per cent even as banking indices gained, with analysts retaining positive ratings while investors assess the lender's transition under new CEO Anup Bagchi
NSE shares have slipped below their IPO price after a brief listing-day rally, wiping out nearly Rs 41,000 crore from the exchanges peak market value. Despite the decline, analysts remain bullish, citing NSEs dominant market position, strong profitability, cash generation and Indias long-term capital-market growth…