Which of the following statement is not true? (a)sensex shows change – InterviewSolution

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1.	Which of the following statement is not true? (a)sensex shows change in price of top 30 shares of bombay stock exchange (b)value of index number cannot go below 100 i.e base year value
Answer» Sensex is calculated using the "Free-float Market Capitalization" methodology. ... The calculation of Sensex involves dividing the Free-float market capitalization of 30 companies in the Index by a number called the Index Divisor. The Divisor is the only link to the original base PERIOD VALUE of the Sensex

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