1.

(I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange. (II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.

Answer»

(I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange.
(II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.




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