Full-Form of SENSEX | Meaning of SENSEX

By | May 19, 2023
SENSEX Full-Form | What is Stock Exchange Sensitive Index (SENSEX)

Edumantra has the best explained the full form of SENSEX. Take advantage of freely available SENSEX full form at our website. Remain full of knowledge of SENSEX meaning. We would like to tell that the full form of SENSEX is the Stock Exchange Sensitive Index. 

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.

Also Read:-

BCCI Full-Form | What is Board of Control for Cricket in India (BCCI)

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

Also Read:-

BCE Full-Form | What is Before the Common Era (BCE)

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.

https://www.youtube.com/watch?v=LCGVDqgMt6Q

Also Read:-

BDS Full-Form | What is Bachelor of Dental Surgery (BDS)

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.

Also Read:-

BHEL Full-Form | What is Bharat Heavy Electronics Limited (BHEL)

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.

Also Read:-

BHMS Full-Form | What is Bachelor of Homeopathic Medicine and Surgery (BHMS)

Download the above Full-Form in PDF (Printable)