Economics · Ch 7 — Index Numbers
Sensex
Sensex
The Sensex is short for the Bombay Stock Exchange Sensitive Index, with 1978-79 as its base period; its value is always read against that period. It is the benchmark index for the Indian stock market and is built from 30 stocks representing 13 sectors, the listed companies being leaders in their industries. A rising Sensex signals that the market is doing well — investors expect better company earnings and show growing confidence in the basic health of th …
Drawn by us to help you understand the concept clearly, and verified to make sure it's accurate. For exams, practice from your textbook's own diagram.
Our own line-art recreation of the NCERT cartoon printed on page 115, directly under the Sensex subheading. It illustrates investor sentiment tracking a rising index: as the Sensex climbs, investors expect better company earnings and show growing confidence in the basic health of the economy. The scene and caption are taken from the textbook as facts; the …