Correct Answer - Option 4 :
Stock market index
The correct answer is Stock Market Index.
- Sensex is a Stock Market Index of 30 financially strong companies listed on the Bombay Stock Exchange.
- Also known as Sensitive Index.
- Deepak Mohoni gave the term SENSEX.
- It is considered the core of the Stock market in India.
- On April 1, 1979, its base value was assumed as 100 and 1978 – 79 as the base year.
- It is based upon the variations in market capitalization (total capital minus directors’ shareholding).
Other Stock Market Indexes in India:
- NIFTY 50 (comprised of 50 top companies in terms of capital)
- NIFTY Bank (comprised of public and private sector banks)
Stock Market Indexes of other countries:
- Dow Jones, NASDAQ – United States
- Hang Seng – Hong Kong
- Nikkei 225 – Japan
- MESDAQ – Malaysia
- Straits Times Index – Singapore
- KOSPI, KOSDAQ – South Korea
- DOLLEX – 30: Dollar linked version of SENSEX
- All-time high till the date of SENSEX – 52154 (Feb 15, 2021)
- The base period for NIFTY 50 – Nov 3, 1995, and Base value – 1000