Sensex and Nifty Difference.

What is Sensex and Nifty? 

To know the economic Health of any country you can track stock market. 

Now the question arrise that how to track stock market? 

If we talk about India then you can track stock market through Sensex & Nifty these are two major stock market index. 

Which are two major stock exchange in India? 

Sensex is generally refers the major index of BME (Bombay Stocks Exchange) 

Sensex is basically the short form of sensitive index. 

Total 5000+ companies are listed in Bombay Stocks Exchange (BSE) . 

NIFTY is generally the major index of NSE 

(National Stocks Exchange). 

Nifty is short form of National fifty. 

Total 1600+ companies are registered in National Stocks Exchange (NSE). 

Now any one cannot track 5000+ companies if they want to know economic health . 

So you need to follow a particular index  either SENSEX Or NIFTY 

Almost top 30 companies are listed in sensex and top 50 companies are listed in NIFTY. These companies are selected on the bases of there turnover,  free float market capitalisation. 

Sensex was started in 1978 -79 @ 100 ₹ and Nifty was started in 19995-96 @1000 ₹.

This is large cap companies. 

FEATURES. 

Salient feature of Sensex & Nifty. 

• calculated as per free float market capitalisation method . 

• All major sectors are Represent by market leaders companies. 

•Overall sentiment of people about economy factors in which public. 

• socio -  political Environment. 

•  Business policy. 

• International Affairs. 

• Industry future. 

• country future. 

Positive sentiment  - 30% up 

Negative sentiment - 20% Down 

Currently BSC is the 12th largest stocks exchange in the world. It is located at Dalal street Mumbai. 

Similarly NSE is the 10th largest stocks exchange stocks exchange in world. Similarly located in Mumbai Maharashtra. 

In year 2014  Nifty give the return of 31.43% 

And Sensex give the return of 29.58% .