WHAT IS NIFTI-50 AND SENSEX INDEX IN SHARE MARKET ?
They both are the main indices. NIFTY-50 is the main index of NSE, whereas SENSEX is the main index of BSE. Indices are the measuring scales used to find out the direction of the market that whether it is going upward or downward. They track the movement of the market and give a rough idea of the direction. In NIFTY-50, 50 different stocks are present. They belong to different companies which are best in their own respective sector. NIFTY-50 tracks the average price movement of the shares of these 50 companies only and gives a rough idea of the direction of the entire market. On the other hand, SENSEX includes the shares of only the top 30 companies belonging to different sectors of companies which are listed on BSE. SENSEX tracks the price movement of the shares of only these 30 companies and gives a rough idea of the direction of the entire market. The 30 companies of SENSEX are also included in NIFTY-50.