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While FMCG and IT stocks dragged down Nifty, financials names provided some support Sensex was down 16.82 points or 0.02 percent at 80,065.16 Nifty was down 36.10 points or 0.15 percent at 24,399.40 FMCG and Auto index down around 1% to 2.5% Banknifty gained around 0.5% Midcap and Smallc...
However, it measures overall market sentiment through a set of stocks that are representative of the market and provides investors information regarding the average share price in the market. The indices of BSE and NSE reflect the overall market sentiments, that is both SENSEX and NIFTY have ...
A few sectors like the FMCG. healthcare, sugar and metals have been performing well while banking ,tech and auto stocks have been weak. The Sensex dipped lower in the last week ending 1.61 per cent, lower and was followed by the Nifty which lost 1.02 per cent. The BSE FMCG sector was...
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4. Industry or sector-based index Sector-based indices represent an entire industry at large. They will have companies that fall under one industry—for example, Nifty Pharma, Nifty FMCG, and Nifty Auto etc. Significance of a Stock Market Index Nifty and Sensex are share market indexes that ...