Why do SENSEX and nifty fall and rise?

Also called Nifty 50, it comprises of 50 largest companies (51 scrips including Tata motors DVR shares) traded on National stock exchange. Why do they fall and rise. Any movement in these companies will cause movement in the index. Movement is generally caused news, speculation, global factors etc. For a common man, SENSEX and Nifty mean nothing.

How is the SENSEX calculated?

The index is computed from the prices of selected stocks. Sensex, also called BSE 30, is the market index consisting of 30 well-established and financially sound companies listed on the Bombay Stock Exchange (BSE). The 30 companies are selected on the basis of the free-float market capitalization.

Why did the SENSEX fall on 28 February 2020?

On 28 February 2020, Sensex lost 1448 points and Nifty fell by 432 points due to growing global tension caused by coronavirus, which W.H.O said has a pandemic potential. Both BSE and NSE fell for the entire five days of the week ending with the worst weekly fall since 2009

What is the base year of SENSEX in India?

The base year of Sensex is 1978-79 and the base value is 100. It is an indicator of market movement. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE has gone down.

How many times has SENSEX crashed in 2020?

Sensex crashed over 1,000 points 14 times in 2020 The biggest and the most infamous fall for the Sensex was on March 23, when it nosedived 3,934 points, or 12.71 per cent, in a single day. That day, the index hit the lower circuit limit for the first time in its history.

How did SENSEX perform in the run-up to budget 2020?

Data suggests Sensex had fallen 3.44 per cent in five sessions in the runup to the Budget 2020. That included a 2.42 per cent plunge on the D-Day. Heavyweights RIL and financials were among the worst hit, as worries over Q3 underperformance put them under pressure.

Why is SENSEX hitting record highs on a daily basis?

NEW DELHI: Equity benchmark Sensex has been hitting fresh record highs on a daily basis even as high-frequency macro-economic data continued to show acute pain in the economy . Sensex rallied for the seventh straight sessions to Monday but closed a notch lower on Tuesday.