What is the full form of "SENSEX"?
A. Stock Exchange Sensitive Index
B. Sensitivity Exchange
C. Sales Enterprise Net Sharing Exchange
D. Sales Index
Answer: Option A
Solution(By Examveda Team)
SENSEX stands for Stock Exchange Sensitive Index. It is the oldest stock exchange in India which is also known as BSE-30. It is a free floating stock market index which uses free floating market capitalization method to reflect the position of companies in the stock market. It does not consider the outstanding stock of a company. Its calculation is based on the total number of tradable shares of a company at the time of calculation.Related Questions on Business Abbreviations
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A. Sales Exchange Board of India
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