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What does Sensex, BSE, NSE, and Nifty mean?

19 Jan 2016 | 15:00PM

Manish is an avid investor in the stock exchange and loves to share some basic fundas with his inquisitive friends.

In India, there are two major stock exchanges - NSE or National Stock Exchange & BSE or Bombay Stock Exchange. BSE is the oldest stock exchange in Asia while NSE is the largest in the country.

Sensex & Nifty

Sensex & Nifty are indexes or indicators that offer a general idea about whether most of the stocks have gone up or down.

Sensex is like a barometer of market sentiments for BSE. So, if the Sensex goes up, there is a high probability, stock prices of companies listed on BSE will largely go up.

Similarly, Nifty registers market sentiments for NSE. So, if the Nifty goes up, there is a high probability, stock prices of companies listed on NSE will largely go up.

You can trade in both Sensex & Nifty by partnering with Angel Broking.

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