BSE Sensex Affecting Market
Two stock exchanges in India hold prominence - the Bombay Stock Exchange and the National Stock Exchange. The calculations of the stocks of the BSE are measured by the Sensex and that of the NSE by Nifty. Reading any stock market news in India will automatically transport you to the two worlds of Sensex Nifty. While the Sensex carries information on 30 traded stocks, the Nifty acquaints one of its 50 popular stocks. As per the latest stock market news, the sensex index was up by 148.47 points and the Nifty ended at 4996.90, up by 44.25 points.
The Sensex Nifty gives the investor and all related to the stock market a general idea whether the stocks have gone up or down. So far as per the latest BSE index, Siemens traded in 1,32,938 shares, Axis Bank, 7,53,856, Oriental Bank of Commerce trading in 80,035 shares, AIA Engineering selling 42,05,066 shares on the BSE followed by other companies. Currently these are the companies that have gained the most on the BSE sensex.
But changeability is the order of the day in the stock market. The shares that you buy at a high price may or may not give you good returns. If the particular sector suddenly confronts a downslide, you will end up selling the same shares at a loss!