BSE Sensex index
What is the BSE Sensex index?
It's the benchmark index of the Bombay Stock Exchange (BSE). It tracks the movement of 30 of the largest and most actively-traded stocks on the BSE, and is a key indicator of India’s economy as a whole. It's the oldest stock index in the country, created in 1986.
Where have you heard about the BSE Sensex index?
India is one of the world’s fastest growing economies, so analysts and investors keep a close eye on the Sensex to monitor growth in particular industries. As of February 2017, some of the top shares listed on the Sensex include HDFC Bank, Infosys Technologies and Tata Steel.
What you need to know about the BSE Sensex index.
The composition of the BSE Sensex is reviewed regularly to reflect changes in volume of trading and volatility. It has seen huge growth in the past 15 years, rising from a close of 3,377 in 2002 to just under 20,287 in 2007. In March 2015 it broke 30,000 for the first time.
The surge in India's economic growth has largely been put down to the rise of the Indian middle class, which is expected to account for 10% of the global middle class by 2020.