What is the full form of SENSEX?
SENSEX Full Form is Stock Exchange Sensitive Index. SENSEX is India’s oldest stock exchange and is also known as BSE (Bombay Stock Exchange). It is a free-floating, economy-weighted index of 30 financially stable and very well-established BSE-listed companies. In India, these corporations are also known as Blue chip companies. The 30 constituent corporations whose stocks are among the most successful and most actively traded in India are representative of diverse industries.
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28 Corporate list Mentioned in SENSEX
It may be determined by a weighted index of thirty companies. These thirty businesses were chosen based on criteria such as overall economic health and efficacy. The 30 companies included have the following names:
- ICICI Bank Limited
- HDFC Bank Limited
- Lupin
- Tata Steel Limited
- Wipro Limited
- Tata Motors Limited
- State Bank of India
- Sun Pharmaceutical Industry Limited
- Tata Motors- DVR Ordinary
- Tata Consultancy Services Limited
- Kotak Mahindra Bank Limited
- Mahindra and Mahindra Limited
- Maruti Suzuki India Limited
- Larsen and Toubro Limited
- Reliance Industries Limited
- NTPC Limited
- ITC Limited
- Infosys Limited
- Hindustan Unilever Limited
- Hero MotorCorp Limited
- Housing Development Finance Corporation Limited
- Asian Paints Limited
- Bajaj Auto Limited
- Power Grid Corporation of India Limited
- Oil and Natural Gas Corporation Limited
- Axis Bank Limited
- Bharti Airtel Limited
- Coal India Limited
Advantages of SENSEX
The advantages of the SENSEX are
- The SENSEX increases a company’s visibility and reputation. It expands the market for the company’s shares while maintaining the same valuation.
- It further enhances the company’s reputation because it includes firms that stand out for their exceptional performance.
- It allows a company to increase their share capital.
- The SENSEX provides opportunities for expansion, such as mergers, expansions, and acquisitions.
- It also offers a variety of other advantages, such as the opportunity for workers to be efficient in terms of risk distribution and incentives.
