The project aims at developing leadership quality, self-confidence, creativity, commitment, team building, and taking the initiative to start one’s own venture among students.
The term Sensex is derived from the combination of the words sensitive and index and was coined by Deepak Mohoni, a financial journalist. The Sensex is the benchmark index of the Bombay Stock Exchange (BSE). Traders also refer to the Sensex as the S&P BSE Sensex. Introduced in 1986, the Sensex is India’s oldest stock index and comprises the top 30 listed companies in the BSE across a wide-range of sectors and industries.
Also known as the National Stock Exchange Fifty, the Nifty is the benchmark index of the National Stock Exchange (NSE). The index was introduced in 1996 and is also referred to as CNX Nifty and Nifty 50 by traders. The Nifty comprises the top 50 companies across various sectors and industries that are listed in the NSE. The index represents large-cap companies, which generally have a good degree of liquidity and are traded in stock exchanges. These companies represent approximately 70% - 75% of total market capitalization in India.
Nifty and Sensex are benchmark index values for measuring the overall performance of the stock market. Nifty is the Index used by the National Stock exchange, and Sensex is the Index used by the Bombay Stock Exchange.
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