Is sensex an indicator of indian economy?

no sensex is not indicator of indian economy because sensex is unpredictable in nature but this is not the case with economy .Economy is increasing steadily then how can we say that sensex is an indicator of economy

SENSEX is an index of the Indian economy, recorded by the stock exchangers of Mumbai, India. SENSEX is very sensitive. The SENSEX rose to about 12,600 in the beginning of the year 2006. It has tumbled down to about 9,600 in the middle of 2006. The SENSEX is computed based on the stock market variables. The SENSEX is sensitive to business, trading, finance, commerce, economics and politics. SENSEX is affected by the superstition, also.
The movement of the SENSEX in the past six months is erratic. None is able to predict the SENSEX. The economy of a country is a measure of the well-being of her citizens. India is where Indians live. Indians are living world-over. India isnâ€™t a poor country. India is a country of poor humans. Indians are ready to spend thousands of Rupees for televisions. But, Indians are not ready to spend even few hundred Rupees for a lavatory. India is known as an open lavatory. Indians can piss in the open. But, Indians canâ€™t kiss in the open. What an irony!
Poverty is a bane of India. Indians are elated when the SENSEX is bullish. But, SENSEX isnâ€™t the right indicator of the Indian economy. The stocks, shares and stakes are for gambling. Gamblers are never tired of gambling. India has become a gamblerâ€™s den. The three policies of the Indian government: (a) liberalization, (b) globalization and (c) privatization are used by the elite and the criminals to play havoc to the Indian economy.
India lives in the villages. Indians are migrating to the urban for better living. Rural population is at a loss. Agriculture has become unsustainable in many areas. Indian farms are under distress. On the one side we have infertile and dry lands. On the other side we have deluge. Living in India is becoming increasingly difficult.
The SENSEX is manipulated by the rich and the gamblers, ruining the lives of millions of commoners. The Securities and Exchange Board of India (SEBI) is to function properly to bring-in order and stop the chaos. The commoner still believes the SENSEX. The SEBI should come out of its lumber and administer the stock market.

Yes it is! It analyses on forward basis... at times speculation does take over, but only to be followed by due correction. Today based on EPS and growth potential, Indian stocks is valued 3rd for a buy, only after Russia and Brazil. But same time Russian stock is full of 'Oil & Gas" stock and Brazilan with "COmmodities". Indian stocks (including sensex) is a good mix of sectors including IT, Automobile, Infrastructure, Pharma apart from commodities and "Oil & Gas".

It shows part of Indian Economy not the whole. BSE picks 30 companies indexes and shows their cumulative performance. This 30 list will be picked by BSE every year. In other words, this 30 list will be refreshed every year. Similarly Nifty also follow similar thing.

The sensex alone is not a indicator of economy. But yes, it is also one of the indicator of economy.

It's the representation of how Indian companies are doing. The companies share price will vary based on their performance. The performance will vary depending on the economy.

The Sensex is an "index". An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down. The Sensex is an indicator of all the major companies of the BSE. (Bombay Stock Exchange)

The Nifty is an indicator of all the major companies of the NSE.

If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.

Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE.

Bombay Stock Exchange is the oldest stock exchange in Asia with a rich heritage. Popularly known as "BSE", it was established as "The Native Share & Stock Brokers Association" in 1875. It is the first stock exchange in the country to obtain permanent recognition in 1956 from the Government of India under the Securities Contracts (Regulation)

Act, 1956.The Exchange's pivotal and pre-eminent role in the development of the Indian capital market is widely recognized and its index, SENSEX, is tracked worldwide. Earlier an Association of Persons (AOP), the Exchange is now a demutualised and corporatised entity incorporated under the provisions of the Companies Act, 1956, pursuant to the BSE (Corporatisation and Demutualization) Scheme, 2005 notified by the Securities and Exchange Board of India (SEBI).Bombay Stock Exchange Limited received its Certificate of Incorporation on 8th August, 2005 and Certificate of Commencement of Business on 12th August, 2005.

The 'Due Date' for taking over the business and operations of the BSE, by the Exchange was fixed for 19th August, 2005, under the Scheme. The Exchange has succeeded the business and operations of BSE on going concern basis and its recognition as an Exchange has been continued by SEBI.

With demutualization, the trading rights and ownership rights have been de-linked effectively addressing concerns regarding perceived and real conflicts of interest. The Exchange is professionally managed under the overall direction of the Board of Directors. The Board comprises eminent professionals, representatives of Trading Members and the Managing Director of the Exchange. The Board is inclusive and is designed to benefit from the participation of market intermediaries.

In terms of organization structure, the Board formulates larger policy issues and exercises over-all control. The committees constituted by the Board are broad-based. The day-to-day operations of the Exchange are managed by the Managing Director & CEO and a management team of professionals.

The Exchange has a nation-wide reach with a presence in 417 cities and towns of India. The systems and processes of the Exchange are designed to safeguard market integrity and enhance transparency in operations. During the year 2004-2005, the trading volumes on the Exchange showed robust growth.

The Exchange provides an efficient and transparent market for trading in equity, debt instruments and derivatives. The BSE's On Line Trading System (BOLT) is a proprietory system of the Exchange and is BS 7799-2-2002 certified. The surveillance and clearing & settlement functions of the Exchange are ISO 9001:2000 certified.

We think it will become a shopping arcade," says the chairman of a large stock broking house, only half-joking. He is referring not to the possible fate of his run-down office building, but to that of a pearl white edifice a few blocks away.

Just in case you are confused, the BSE is the Bombay Stock Exchange and the NSE is the National Stock Exchange. The BSE is situated at Bombay and the NSE is situated at Delhi. These are the major stock exchanges in the country. There are other stock exchanges like the Calcutta Stock Exchange etc. but they are not as popular as the BSE and the NSE.Most of the stock trading in the country is done though the BSE & the NSE.

Besides Sensex and the Nifty there are many other indexes. There is an index that gives you an idea about whether the mid-cap stocks go up and down. This is called the â€œBSE Mid-cap Indexâ€. There are many other types of indexes.

There is an index for the metal stocks. There is an index for the FMCG stocks (Fast Moving Consumer Goods). There is an index for the automobile stocks etc.

Sensex is not an indicator of Indian economy, but a collective index depicting the progress or decline in the share values of key investors in BSE.

sensex now days just based on fii's speculation like they in invested hugely 3months before divali but starting to get it out after that

Sensex is not an indicator of Indian economy, but a collective index depicting the progress or decline in the share values of key investors in BSE. . The Board comprises eminent professionals, representatives of Trading Members and the Managing Director of the Exchange. The Board is inclusive and is designed to benefit from the participation of market intermediaries.If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone downIt shows part of Indian Economy not the whole. BSE picks 30 companies indexes and shows their cumulative performance. This 30 list will be picked by BSE every year. In other words, this 30 list will be refreshed every year. Similarly Nifty also follow similar thing.The economy of a country is a measure of the well-being of her citizens. India is where Indians live. Indians are living world-over. India isnâ€™t a poor country. India is a country of poor humans. Indians are ready to spend thousands of Rupees for televisions. But, Indians are not ready to spend even few hundred Rupees for a lavatory. India is known as an open lavatory. Indians can piss in the open. But, Indians canâ€™t kiss in the open. What an irony! Poverty is a bane of India. Indians are elated when the SENSEX is bullish. But, SENSEX isnâ€™t the right indicator of the Indian economy.SENSEX is an index of the Indian economy, recorded by the stock exchangers of Mumbai, India. SENSEX is very sensitive. The SENSEX rose to about 12,600 in the beginning of the year 2006. It has tumbled down to about 9,600 in the middle of 2006. The SENSEX is computed based on the stock market variables. The SENSEX is sensitive to business, trading, finance, commerce, economics and politics. SENSEX is affected by the superstition, also.

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