Banking Awareness Guide

In Indian scenario – SEBI, the Stock Exchange regulator – recognizes only three stock

exchanges:

 SENSEX = Sensitive index, which is the index given by BSE or Bombay Stock Exchange.

 It was founded in 1875 by Premchand Roychand and is the oldest stock exchange in India – of the three!

 It is Head Quartered at the famous Dalal Street in Mumbai.

 CEO is Ashish Chauhan.

 It uses free float market capitalization method = value of shares which are available for trading = the value taken into the index.

 It consists of 30 major companies listed with the BSE.

Some of them are – SBI, ICICI Bank, Axis Bank, HDFC, Wipro, Infosys,

TCS, ONGC, Airtel, HAL, BHEL, BEL, Coal India, Tata Motor etc.

 Sensex is India’s foremost stock market indicator.

 Nifty = National Stock Enchange’s 50 major companies

 Controlled by India Index Services and Products.

 It was founded in 1992 and is head quartered in Mumbai.

 NSE’s MD and CEO is Chitra Ramkrishna

 It uses free float market capitalization weighted method = value of shares which are available for trading and calculation done using weights = the value taken into the index.

 The 50 companies include the 30 of sensex and extra 20 companies.

MCX-SX-40

 Founded in 2008 – it is the youngest exchange with its Head Quarter in Mumbai.

 CEO is Saurabh Sarkar.

 It specializes in using state of the art infrastructure and technology to provide trading services for a variety of instruments.