Sensex
Categories: Trading, International
The name of a prescription-grade sleep drug? The modern terminology for what was known in the 1970s as "swinging?" A trendy hobby that combines aspects of aroma therapy, yoga, and ASMR?
Nope, none of those. The term refers to the main way of measuring performance in the Indian stock market.
Sensex is short for the S&P BSE Sensex index. It's the main index for tracking performance in the Mumbai stock market (which is still known as the Bombay Stock Exchange, even though the name of the city was long-ago changed to Mumbai). Whatever you call it, the BSE remains the main equity exchange in India. So if you ask yourself, "Hey...what did the Indian market do today?" then looking at the Sensex provides the easiest answer.
The Sensex is made up of 30 of the biggest and most important Indian companies, making it the equivalent of the Dow Jones Industrial Average in the U.S.
