What does SENSEX indicate

I would like to get the opinion of the investors on what is there perception of SENSEX?

SENSEX often used as a reflection of the health of the Capital markets or the economy rather than the quality of BSE 's service.

Therefore the current downswing or crash of SENSEX cannot be attributed to the bad quality of service of BSE. It is perhaps an indirect impact of either the raising global oil prices or the perceieved impact of the farm loan waiver in the Indian budget.

In this context I am undertaking an important sruvey of investor perception about whether SENSEX is an indicator of BSE or Indian Economy?

I request investors to respond in their opinion whether SENSEX as an indicator is closer to BSE performance or Indin Economy's performance.

In otherwords if you rate on scale of 1 to 10 with BSE at 1 and Indian Econimy at 10, Where do you place SENSEX as an indicator?

Your views will be highly appreciated.

Naavi

100...

Is this a survey or a joke???

SENSEX is "the Thing" which reflects the Economy

man........deepak mohoni is the 'thing' behind sensex these days

Indics doesn't indicate anything .........unless u r betting on them........

Dude,........why don't u consider ur stocks..............

Anyway..........if u r asking it for sarvey.........just hold the graph for last 3-5 years......and watch the growth..........

and if u want to know about real economy........., it is not in indics........

Go to few small town/villege of UP/Bihar/Udisa..........

and watch the true story.......

From 6000 it came to 4600 in few trading session,the Economy never can come down in so short a period.Though in Macro term Indices is 1 barometer but there the perspective is L O N G term,yrly charts Up or Down swings.

SENSEX is the indicator of how richer the rich are getting.