SENSEX stands for "Stock Exchange Sensitive Index"
SENSEX represents Stock Exchange Sensitive Index. It is the most established stock trade in India which is otherwise called BSE-30. It is a free skimming securities exchange record that uses the free coasting market capitalization technique to mirror the situation of organizations in the securities exchange. It doesn't think about the extraordinary supply of an organization. Its figuring depends on the complete number of tradable portions of an organization at the hour of estimation.
SENSEX was presented on January 1, 1986, by the Bombay Stock Exchange. There are a large number of organizations recorded on BSE however to compute SUNSEX just thirty organizations are thought of; the organizations which are grounded, monetarily solid, and engaged with significant business areas. Along these lines, essentially, SUNSEX comprises the supplies of thirty organizations.
SENSEX contacted the four-digit figure on 25 July 1990 and the five-digit figure on 7 February 2006, unexpectedly. On 4 March 2015, it crossed the 30,000 focuses mark.
Acronym | Full Form |
---|---|
BPL | Below Poverty Line |
CA | Chartered Accountant |
CAG | Comptroller and Auditor General of India |
COB | Close of Business |
CRR | Cash Reserve Ratio |
CST | Central Sales Tax |
CTS | Cheque Truncation System |
ECC | Excise Control Code |
EMI | Equated Monthly installment |
FDI | Foreign Direct Investment |
FEMA | Foreign Exchange Management Act |
GDP | Gross Domestic Product |
GST | Goods and Service Tax |
IPO | Initial Public Offering |
IT | Income Tax |
KYC | Know Your Customer |
NASDAQ | National Association of Securities Dealers Automated Quotations |
NIFTY | National Stock Exchange Fifty |
NPA | Non Performing Assets |
PSI | Population Services International |
SIP | Systematic Investment Plan |
SKU | Stock Keeping Unit |
SLA | Service Level Agreement |
TA & DA | Travelling Allowance & Dearness Allowance |
TAN | Tax Deduction and Collection Account Number |
TIN | Taxpayer Identification Number |
VAT | Value Added Tax |
TDR | Ticket Deposit Receipt |
CTC | Cost to Company |