IAS General Studies Prelims Question No. 101

A rise in SENSEX in India indicates which of the following?
[A] There is a rise in the prices of shares of all companies registered with Bombay Stock exchange
[B] There is a rise in the prices of shares of all companies registered with National Stock Exchange
[C] There is an overall rise in the prices of a group of shares in BSE
[D] There is an overall rise in the prices of a group of shares in NSE

Answer

[C] There is an overall rise in the prices of a group of shares in BSE
A share market Index shows how a specified portfolio of share prices is moving in order to give an indication of market trends. The BSE SENSEX is a free-float market capitalization-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange.

Advertisement

This question "IAS General Studies Prelims Question No. 101" was published on GKToday on October 3, 2016 at 9:40 am. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

Comments