Moneycontrol PRO
you are here: HomeNewsSensex
sensex

SENSEX is also known as BSE Sensex. It stands for Stock Exchange Sensitive Index and is the stock market index for the Bombay Stock Exchange which calculates the movement on BSE. A stock market analyst Deepak Mohoni termed the word Sensex which was a blend of words ‘Sensitive’ and ‘Index’. It is a 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. It was launched January 1. The base value of the SENSEX was taken as 100 on 1 April 1979 and its base year as 1978-1979. The index is calculated based on a free float capitalisation method, a variation of the market capitalisation method. Instead of using a company's outstanding shares it uses its float, or shares that are readily available for trading. Free Floating capital implies total capitalization less Directors shareholding. As per free float capitalisation methodology, the level of index at any point of time reflects the free float market value of 30 constituent stocks relative to a base period. The market capitalisation of a company is determined by multiplying the price of its stock by the number of shares issued by corporate actions, replacement of scrips. More

Jump to
  • Trade setup for Tuesday: Top 15 things to know before the opening bell Dec 05, 2022 10:33 PM IST

    Trade setup for Tuesday: Top 15 things to know before the opening bell

    Based on the open interest future percentage, we have seen a long build-up in a total of 58 stocks on Monday, including Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), M&M Financial Services, Piramal Enterprises, Hindalco Industries, and City Union Bank.

  • Technical View | Nifty defends 18,600 amid range-bound trade, consolidation likely to continue Dec 05, 2022 05:07 PM IST

    Technical View | Nifty defends 18,600 amid range-bound trade, consolidation likely to continue

    As long as Nifty holds 18,600-18,500, there is no major cause of concern; the index is expected to move towards 19,000 after the MPC meeting is over, experts say

  • Taking Stock | Market ends flat amid volatility as investors eye RBI policy decision Dec 05, 2022 03:59 PM IST

    Taking Stock | Market ends flat amid volatility as investors eye RBI policy decision

    The BSE midcap and smallcap indices performed in line with the main indices and ended on a flat note.

  • Market likely to consolidate ahead of RBI policy, Europe Q3 GDP and will track oil prices, say experts Dec 05, 2022 08:52 AM IST

    Market likely to consolidate ahead of RBI policy, Europe Q3 GDP and will track oil prices, say experts

    The RBI will share the policy outcome on December 7 even as China's Covid curbs and EU's Russia oil price cap will drive sentiment, they say

  • Hot Stocks | Here is why you should bet on Jyothy Labs, Minda Corporation for short-term Dec 05, 2022 08:49 AM IST

    Hot Stocks | Here is why you should bet on Jyothy Labs, Minda Corporation for short-term

    Minda Corporation has witnessed an ‘Inverted Head & Shoulder’ pattern breakout on the daily chart, which has been backed by robust volumes. The technical indicators construe a firm setup in the stock price, and it is expected to continue its upward journey in the comparable period.

  • Daily Voice | Strong case for RBI to take a pause after December policy meeting, says Chirag Mehta of Quantum AMC Dec 05, 2022 08:41 AM IST

    Daily Voice | Strong case for RBI to take a pause after December policy meeting, says Chirag Mehta of Quantum AMC

    From a valuation standpoint, sectors like financials, consumer discretionary like autos, and technology offer pockets of value, says Mehta

  • MC Interview | 19,000 on Nifty looks possible this week, but sustenance above same could be challenging, says the technical chartist Dec 05, 2022 08:35 AM IST

    MC Interview | 19,000 on Nifty looks possible this week, but sustenance above same could be challenging, says the technical chartist

    Nifty 200 & Nifty 500 indices are yet to register a firm close above their respective October 2021 life high zones, Sacchitanand Uttekar of Tradebulls Securities says.

  • Closing Bell: Sensex, Nifty end flat amid volatility; metal stocks rally, autos a drag Dec 05, 2022 07:30 AM IST

    Closing Bell: Sensex, Nifty end flat amid volatility; metal stocks rally, autos a drag

    Among sectors selling was seen in the auto, IT, pharma, while buying is seen in the PSU bank, realty, and metal stocks.

  • Top 10 trading ideas by experts for next 3-4 weeks as broader markets participation likely to increase Dec 05, 2022 07:05 AM IST

    Top 10 trading ideas by experts for next 3-4 weeks as broader markets participation likely to increase

    The momentum is intact and the Friday's correction is on expected lines given the consistent uptrend in the past. Hence, once the current consolidation ends, the Nifty50 is expected to resume upward journey once again towards 18,900-19,000 levels in coming days, with crucial supports at 18,500-18,300, experts said

  • Trade Spotlight | What should you do with MTAR Technologies, Varun Beverages, Aditya Birla Capital on Monday? Dec 05, 2022 06:57 AM IST

    Trade Spotlight | What should you do with MTAR Technologies, Varun Beverages, Aditya Birla Capital on Monday?

    Varun Beverages shares rallied 4 percent to end at record closing high of Rs 1,319 on last Friday and formed long bullish candle on the daily charts with above average volumes.

  • Trade setup for Monday: Top 15 things to know before the opening bell Dec 04, 2022 04:47 PM IST

    Trade setup for Monday: Top 15 things to know before the opening bell

    Experts say the profit booking in the previous two sessions was minor and the near-term uptrend remains intact. The immediate support for the Nifty is at 18,550-18,450

  • Daily Voice | This portfolio manager suggests three sectors for 2023, expects Nifty at 20,400 by next December Dec 04, 2022 08:16 AM IST

    Daily Voice | This portfolio manager suggests three sectors for 2023, expects Nifty at 20,400 by next December

    Nishit Master believes Indian markets will continue to do well in 2023 as India remains the fastest-growing major economy of the world in an environment where growth is slowing everywhere else, including in the US, Europe, and China.

  • Dalal Street Week Ahead | 10 key factors that will keep traders busy next week Dec 04, 2022 07:30 AM IST

    Dalal Street Week Ahead | 10 key factors that will keep traders busy next week

    Besides the MPC meeting on rate hikes, investors are also awaiting the outcome of the OPEC+ meeting on oil production. On the domestic front, PMI and forex data will be closely watched.

  • More than 200 smallcaps gain 10-90% in November as market hits record highs Dec 03, 2022 10:56 AM IST

    More than 200 smallcaps gain 10-90% in November as market hits record highs

    In the month of November, the Sensex rose 3.8 percent and the Nifty gained 4 percent. In the coming week, the RBI will announce its rate decision on December 7, while the next day, Gujarat election results will be declared

  • Market continues to make record highs with support from FIIs; rupee gains Dec 03, 2022 09:13 AM IST

    Market continues to make record highs with support from FIIs; rupee gains

    The Indian rupee ended higher in the week ended December 2, gaining 37 paise to close at 81.31 to a dollar against its November 25 closing of 81.68

  • Daily Voice | RBI to go for 25-30 bps hike, market has already priced in expected terminal rate, says Sushant Bhansali of Ambit Dec 03, 2022 08:35 AM IST

    Daily Voice | RBI to go for 25-30 bps hike, market has already priced in expected terminal rate, says Sushant Bhansali of Ambit

    Ambit Asset Management is keenly evaluating sectors such as software, pharma and select discretionary where value is emerging. says Bhansali

  • Technical View | Consolidation likely for Nifty but momentum remains strong Dec 02, 2022 04:58 PM IST

    Technical View | Consolidation likely for Nifty but momentum remains strong

    After the recent run-up, the consolidation can be seen in coming sessions but overall, the momentum remains strong that can take the Nifty50 towards 19,000 in short term, with crucial support at 18,300, experts said.

  • Taking Stock | Market takes a breather after rising for 8 days; Sensex slips 415 pts, Nifty below 18,700 Dec 02, 2022 03:52 PM IST

    Taking Stock | Market takes a breather after rising for 8 days; Sensex slips 415 pts, Nifty below 18,700

    On the BSE, auto and metal indices shed 1 percent each, while metal and realty indices added 0.5 percent each.

  • Stock Market Live: Bajar Gupshup | Dec 02, 2022 Dec 02, 2022 03:41 PM IST

    Stock Market Live: Bajar Gupshup | Dec 02, 2022

    A report on today's highs and lows in the stock market. Watch live on Moneycontrol.

  • MTM verification| To fake screenshots, small investors are most vulnerable: Sensibull's Abid Hassan Dec 02, 2022 10:36 AM IST

    MTM verification| To fake screenshots, small investors are most vulnerable: Sensibull's Abid Hassan

    The verification feature has become popular quickly and though not perfect, is considered a good first step.

  • Daily Voice | This chief investment officer likes banks as over 15% credit growth for FY24 looks sustainable Dec 02, 2022 10:34 AM IST

    Daily Voice | This chief investment officer likes banks as over 15% credit growth for FY24 looks sustainable

    Piyush Garg of ICICI Securities is bullish on the telecom space but cautious about mid-sized and product-based IT companies.

  • As Nifty creates all-time highs, what should investors do? Dec 02, 2022 10:30 AM IST

    As Nifty creates all-time highs, what should investors do?

    Investors should do what the US Fed is doing, wait and watch and let the evolving situation be a guide. Right now, it’s saying play safe

  • HDFC Securities bets on these 5 smallcaps for next 2-3 quarters Dec 02, 2022 08:09 AM IST

    HDFC Securities bets on these 5 smallcaps for next 2-3 quarters

    Marksans Pharmaceuticals, PDS, Lumax Auto Technologies, Devyani International, Mishra Dhatu Nigam are among the top 5 smallcap picks of HDFC Securities.

  • Trade Spotlight | What should you do with JK Cement, Crompton Greaves Consumer Electrical, Voltas on Friday? Dec 02, 2022 07:31 AM IST

    Trade Spotlight | What should you do with JK Cement, Crompton Greaves Consumer Electrical, Voltas on Friday?

    Voltas closed nearly 3 percent higher at Rs 842.35 apiece on Thursday and formed long bullish candle on the daily charts with strong volumes

  • Closing Bell: Market snaps 8-day gaining streak; Sensex falls 415 points, Nifty ends around 18,700 Dec 02, 2022 07:29 AM IST

    Closing Bell: Market snaps 8-day gaining streak; Sensex falls 415 points, Nifty ends around 18,700

    On the sectoral front, except realty and metal, all other sectoral indices ended in the red.