SENSEX Full Form - What does SENSEX stand for?
SENSEX stands for
Sensitive Index
SENSEX, short for Sensitive Index, is the benchmark stock index of the Bombay Stock Exchange, calculated from the share prices of thirty companies chosen for their size, liquidity and sector representation across the Indian economy. It was first compiled in 1986 with a base year of 1978-79 and is maintained by BSE using a free-float market-capitalisation method, which counts only shares available for public trading and weights them by company size. The S&P BSE SENSEX branding reflects the index's calculation partnership with S&P Dow Jones Indices. Daily movement of the SENSEX is reported as the country's primary gauge of equity market sentiment, and it underlies index futures and options traded on the exchange. Constituent review happens periodically: companies that stop meeting the eligibility criteria are replaced, which keeps the index representative of the current market. Because it covers only thirty stocks, the SENSEX moves faster than broader indices, while its long history makes it useful for studying multi-decade market cycles. Mutual funds, ETFs and portfolio products across India reference the SENSEX for performance comparison and index tracking.
What does SENSEX stand for?
SENSEX is read as Sensitive Index.
Where is SENSEX used?
Investment abbreviations show up in contract notes, portfolio statements and market reports. Knowing what each term stands for makes it easier to track returns and risk.
Related Full Forms
Frequently Asked Questions
What does SENSEX stand for?+
SENSEX stands for Sensitive Index.
What is SENSEX?+
SENSEX, short for Sensitive Index, is the benchmark stock index of the Bombay Stock Exchange, calculated from the share prices of thirty companies chosen for their size, liquidity and sector representation across the Indian economy. It was first compiled in 1986 with a base year of 1978-79 and is maintained by BSE using a free-float market-capitalisation method, which counts only shares available for public trading and weights them by company size. The S&P BSE SENSEX branding reflects the index's calculation partnership with S&P Dow Jones Indices. Daily movement of the SENSEX is reported as the country's primary gauge of equity market sentiment, and it underlies index futures and options traded on the exchange. Constituent review happens periodically: companies that stop meeting the eligibility criteria are replaced, which keeps the index representative of the current market. Because it covers only thirty stocks, the SENSEX moves faster than broader indices, while its long history makes it useful for studying multi-decade market cycles. Mutual funds, ETFs and portfolio products across India reference the SENSEX for performance comparison and index tracking.
What is SENSEX used for?+
SENSEX (Sensitive Index) belongs to the Investments & Markets category. Investment abbreviations show up in contract notes, portfolio statements and market reports. Knowing what each term stands for makes it easier to track returns and risk.
Which category does SENSEX belong to?+
SENSEX is filed under Investments & Markets, one of the 10 categories in our directory of 1538 full forms.