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It is maintained by the Bombay Stock Exchange (BSE) and is used as a benchmark to measure the performance of the Indian stock market.Inception:The BSE Sensex was first introduced on January 1, 1986, with a base value of 100.
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High Availability Computing ✌️【Job Network】✌️Get started with ₹500 and unlock huge returns every month.They are chosen based on specific criteria, including market capitalization, liquidity, and trading volume.Purpose:The primary purpose of the Sensex is to provide a broad and representative view of the Indian stock market's performance.
It serves as a barometer for investors, analysts, and policymakers to gauge the overall health and direction of the Indian economy.Calculation:The Sensex is calculated using a free-float market capitalization-weighted methodology.
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Companies may be added or removed from the index based on their performance and market capitalization.Use as a Benchmark:The Sensex is widely used as a benchmark by investors, fund managers, and financial institutions to assess the performance of their investments and portfolios.
It is also used as a reference point for various financial products, including mutual funds and exchange-traded funds (ETFs).High Availability Computing Part-Time Jobs with Flexible Scheduling