How many indices there in indian share market?

Question

How many indices there in indian share market?

Answer 1

In India there are two share market  Bombay Stock Exchange & National Stock Exchange.

The BSE SENSEX (also known as the BSE 30 index) is a value-weighted index composed of thirty scrips, with the base April 1979 = 100. The set of companies which make up the index has been changed only a few times in the last twenty years. These companies account for around one-fifth of the market capitalization of the BSE.

Apart from BSE SENSEX, which is the most popular stock index in India, BSE uses other stock indices as well:

    * BSE 500

    * BSE 100

    * BSE 200

    * BSE PSU

    * BSE MIDCAP

    * BSE SMLCAP

    * BSE BANKEX

    * BSE Teck

    * BSE Auto

    * BSE Pharma

    * BSE Fast Moving Consumer Goods (FMCG)

    * BSE Consumer Durables

    * BSE Metal

NSE also set up as index services firm known as India Index Services & Products Limited (IISL) and has launched several stock indices, including:

    * S&P CNX NiftyImage:Nse_new.jpg

    * CNX Nifty Junior

    * CNX 100 (= S&P CNX Nifty + CNX Nifty Junior)

    * S&P CNX 500 (= CNX 100 + 400 major players across 72 industries)

    * CNX Midcap (introduced on 18 July 2005 replacing CNX Midcap 200)