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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.

This Question Belongs to Abbreviations >> Business Abbreviations

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