The Sensex started in 1986, while the Nifty started in 1994. The SENSEX is the index of the Bombay Stock Exchange (BSE), and the Nifty is the index of the National Stock Exchange. The Nifty has 50 big companies listed, while the Sensex has 30 big companies. The base value of the SENSEX is 100 and the base value of the Nifty is 1000.
Nifty is an index of the Delhi-based stock market NSE. The full form of NSE is National Stock Exchange of India. The Nifty consists of 50 companies. It started in November 1994.
Nifty is made up of the words National and Fifty. Fifty here is for 50 companies involved in the National Stock Exchange. These fifty companies are selected from 12 different sectors of the country, the movement of the Nifty shows the market s attitude like the Sensex. Nifty is also known as Nifty 50.
Simply put, NIFTY is a stock index that indexes the stocks of 50 main companies. Stocks of not more than 50 companies can be listed in NIFTY.
NIFTY tells us that the companies whose shares are listed, how the company is working, if the company is doing good work, then its direct effect is seen in the price of the company s shares and the shares of that company increase. . And when the prices of shares of a listed company go up or increase, then due to this, the Nifty also accelerates.
What is the difference between SENSEX and NIFTY?
- The SENSEX started in 1986 while the Nifty started in 1994.
- The SENSEX is the index of the Bombay (Mumbai) Stock Exchange while the Nifty is the index of the National Stock Exchange.
- The SENSEX consists of 30 companies, while the Nifty consists of 50 companies.
- Sensex s base year is 1978-79, while Nifty s base year is 1995.
- Sensex has a base value of 100, while Nifty has a base value of 1000.