Hello Everyone.
I am new to the forum and i hope this is going to be the best place for me to get the answers i am searching for
A very basic question on SENSEX calculation. I hope everyone is aware about the money control site (http://www.moneycontrol.com/sensex/bse/sensex-live) where you can see the 3 items below
Today's sensex
Stocks Comprising The SENSEX
Stocks contributing to the SENSEX movement today
My Question is very simple
How you calculate sensex?
In this "Stocks Comprising The SENSEX" You can see weight - How it is calculated?
Similarly In "Stocks contributing to the SENSEX movement today" you can see Contribution - How it is calculated?
Also, I see the Free float adjustment factor in BSE site (http://www.bseindia.com/about/abindices/bse30.asp) - (download index constitutients) where some numbers are given - What is this?
Please provide me the mathematical formulas. This is really going to help me a lot in taking a session on sensex.
I know very few informations like it comprises of 30 stocks and the average movement of these stocks determine the sensex. What i am looking at is the real formulas
Experts - Thanks a mill
I am new to the forum and i hope this is going to be the best place for me to get the answers i am searching for
A very basic question on SENSEX calculation. I hope everyone is aware about the money control site (http://www.moneycontrol.com/sensex/bse/sensex-live) where you can see the 3 items below
Today's sensex
Stocks Comprising The SENSEX
Stocks contributing to the SENSEX movement today
My Question is very simple
How you calculate sensex?
In this "Stocks Comprising The SENSEX" You can see weight - How it is calculated?
Similarly In "Stocks contributing to the SENSEX movement today" you can see Contribution - How it is calculated?
Also, I see the Free float adjustment factor in BSE site (http://www.bseindia.com/about/abindices/bse30.asp) - (download index constitutients) where some numbers are given - What is this?
Please provide me the mathematical formulas. This is really going to help me a lot in taking a session on sensex.
I know very few informations like it comprises of 30 stocks and the average movement of these stocks determine the sensex. What i am looking at is the real formulas
Experts - Thanks a mill