The Analyst's Path

Glossarytaught in M0.02

Sensex

Also called BSE Sensex, S&P BSE Sensex.

The older Indian benchmark, covering thirty large companies on a free-float weighted basis.

Its longer history makes it the series usually quoted for long-run Indian equity returns, and it's the index most often referenced in general media.

Both main Indian benchmarks move almost identically, since they share most of their large constituents. Choosing between them rarely matters for analysis; using one consistently does.

Thirty names against fifty is the only structural difference worth noting.