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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.
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Stock Market News: Sensex tumbles 1045 points and Nifty hits a 21-month low following a surprise RBI repo rate hike, surging crude oil prices, heavy foreign investor sell-offs, and escalating domestic inflation worries.
BSE Sensex and Nifty50, the Indian equity benchmarks, crashed in trade on Thursday, with both indices down over 1%. Investors reacted to the RBI’s policy tightening and repo rate hike, continued FII selling and other negative factors.
Indian shares fell sharply on Thursday. The Sensex dropped by more than 1,000 points, and investors lost about Rs 10 lakh crore (Rs 10 trillion) in the value of