Full-Form of SENSEX | Meaning of SENSEX

SENSEX Full-Form | What is Stock Exchange Sensitive Index (SENSEX)

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SENSEX — Stock Exchange Sensitive Index

SENSEX Full-Form refers to Stock Exchange Sensitive Index. SENSEX is a capitalized weighted stock index of thirty financially sound and well-established companies and organizations listed on the BSE or Bombay Stock Exchange.

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SENSEX Full-Form | What is Stock Exchange Sensitive Index (SENSEX)

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These thirty companies and organizations are among those that have the largest number of highly traded stocks and represent numerous industrial sectors of the economy in India. SENSEX was first published in the year 1986. It is regarded as the Indian stock market’s pulse by the majority of the companies.

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The SENSEX’s base value is 100 and was taken on 1st April of the year 1979. The base year is taken as 1978 to 1979. DOLLEX-30 was launched by the BSE in the year 2011. DOLLEX-30 is basically a version of SENSEX that deals with dollars.

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The SENSEX’s market capitalization was around four hundred and forty-two dollars, as of the year 2011, which was forty-seven per cent of the BSE’s market capitalization. Its free-float capitalization was two hundred and thirty-three billion dollars during the same year. During the years 2008 to 2012, the rise of BSE-Teck, Bankex, BSE PSU and other sectoral indices led to the decrease of capitalization from forty-nine per cent to twenty-five per cent.

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