International Research Journal of Commerce , Arts and Science
( Online- ISSN 2319 - 9202 ) New DOI : 10.32804/CASIRJ
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“SENSEX - THE BAROMETER OF INDIAN STOCK MARKET” CALCULATIONS AND METHODOLOGY
3 Author(s): JITENDER CHAWLA , ASHOK KUMAR , YUKTI SHARMA
Vol - 5, Issue- 5 , Page(s) : 178 - 181 (2014 ) DOI : https://doi.org/10.32804/CASIRJ
The focus of researcher is on introduction of BSE in Asia and its historical background. The researchers also able to explain the scientific way of methodology and techniques of calculation of SENSEX and how it changes every fraction of second by use of formulae. Use of Free-Float market Capitalization by BSE-Index Cell is the basis of Sensex calculation. Free-float market capitalization is defined as that proportion of total shares issued by the company, which are readily available for trading in the market