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Nifty today5/11/2023 Sensex considers 30 companies for sampling, while Nifty considers 50 companies. The basic difference between Sensex and Nifty is the number of companies that are grouped as a sample. What is the basic difference between Sensex and Nifty?.Nifty is the Index used by the National Stock exchange, and Sensex is the Index used by the Bombay Stock Exchange. Nifty and Sensex are benchmark index values for measuring the overall performance of the stock market. What are Nifty and Sensex in simple words?.Due to the high number of active stock marketers, high liquidity, and active buying and selling, Nifty is more significant in number than Sensex, but overall, Sensex has been performing better than Nifty. The only difference is Sensex comprises 30 companies, and Nifty comprises 50 companies. However, due to the high bullish nature of BSE, Nifty has been outperformed by Sensex when compared statistically.īoth Nifty and Sensex are the Index that helps the stock marketers determine the overall performance trend of the stock market. Sensex considers 30 companies, and Nifty considers 50 companies for index purposes. The basic difference between Sensex and Nifty is the number of companies that are grouped together. Index Value = (Current Market Value / Base Market Capital) * Nifty Base Index Value (1000) During the base period, the market capitalization is equated to an index value of 1000, which is known as the base index value.įree Float Market Capitalisation = Shares outstanding * Price * Investable Weight Factors (IWF)^ The aggregate market capitalization of each scrip in the Index during the base period is the Index’s base market capitalization. Market Capitalization = Current market price * outstanding shares. The price of the Index reflects the total market value of all the stocks in the Index relative to the base period on November 3rd, 1995. Nifty or National Fifty is calculated based on the free float capitalization-weighted method of all the 50 companies.
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