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What is Sensex Calculation Explained about?

The SENSEX is calculated using the free float market capitalization methodology. It reflects the value of 30 component stocks relative to a base period of 1978-79, with a base value of 100 index points. To calculate the SENSEX, the free float market capitalization of the 30 companies is summed and divided by an index divisor. This divisor is adjusted for corporate actions and replacements to keep the index comparable over time to the original base period value. The SENSEX is calculated and disseminated in r

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manojpatil2020

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EN