In the news channels, you never hear the news about Nifty alone. Along with Nifty, there’s always news about the Sensex as well.
If they are talked about in the news channels synonymously always. Is there any difference between Nifty and Sensex?
Let’s find out!
What is an Index?
An index measures the overall performance of the Stock Market and indicates the Economic Trends of the country. When the value of an index rises, it is assumed that the overall stock market is doing well indicating positive economic trends of the country. When it falls, the stock market is considered not to be doing very well indicating negative economic trends of the country.
What are Sensex and Nifty?
Nifty and Sensex are nothing but Indices of the most popular exchanges NSE & BSE. Let’s explore them in detail.
What is Nifty?
NIFTY 50 tracks the 50 largest and most liquid stocks out of more than 1600 stocks listed on NSE. These 50 largest companies are from different industrial sectors and collectively represent the overall Stock Market and Economic Trends of India. Learn everything about Nifty here.
What is Sensex?
Sensex tracks 30 very large and well-established companies out of more than 5700 listed companies on BSE. These 30 companies are from different industrial sectors and represent the Indian Economic Trends and Stock Market as a whole.
Sensex is internationally traded on Eurex and various leading exchanges of Brazil, Russia, China, and South Africa. Learn everything about Sensex here.
Difference between Nifty and Sensex
| NIFTY | SENSEX | |
|---|---|---|
| Full Form | Nifty Full Form – National Fifty | Sensex Full Form – Sensitive Index |
| Incorporation | 1996 | 1986 |
| Former Names | CNX FIFTY | S&P BSE SENSEX |
| Number of Companies | Nifty is constituted by 50 of the largest and most liquid companies | Sensex is constituted by 30 of the largest and most actively traded companies |
| Number of Sectors | Nifty covers 24 industrial sectors | Sensex covers 13 industrial sectors |
| Index Calculation | Free Float Market Capitalization | Free Float Market Capitalization |
| Base Year | 1978-1979 | 1995 |
| Base Value | 1000 | 100 |
| Operated by | India Index Services and Products (Subsidiary of National Stock Exchange) | BSE (Bombay Stock Exchange) |
| Volume & Liquidity | High | Low |
| Website | www.nseindia.com | www.bseindia.com |
Companies listed on Nifty and Sensex
| Sensex (30 Companies) | Nifty (50 Companies) | Industry |
|---|---|---|
| Maruti Suzuki India Ltd. | Maruti Suzuki India Ltd. | Automobile |
| Mahindra & Mahindra Ltd. | Mahindra & Mahindra Ltd. | Automobile |
| Bajaj Auto Ltd. | Bajaj Auto Ltd. | Automobile |
| — | Hero MotoCorp Ltd. | Automobile |
| — | Eicher Motors Ltd. | Automobile |
| — | Tata Motors Ltd. | Automobile |
| ICICI Bank Ltd. | ICICI Bank Ltd. | Banking |
| Kotak Mahindra Bank Ltd. | Kotak Mahindra Bank Ltd. | Banking |
| AXIS Bank Ltd. | AXIS Bank Ltd. | Banking |
| State Bank of India | State Bank of India | Banking |
| IndusInd Bank Ltd. | IndusInd Bank Ltd. | Banking |
| HDFC Bank | HDFC Bank | Banking |
| UltraTech Cement Ltd. | UltraTech Cement Ltd. | Cement |
| — | Shree Cement Ltd. | Cement |
| — | Grasim Industries Ltd. | Cement |
| — | UPL Ltd. | Chemicals |
| Larsen & Toubro Ltd. | Larsen & Toubro Ltd. | Construction |
| Hindustan Unilever Ltd. | Hindustan Unilever Ltd. | Consumer Goods |
| ITC Ltd. | ITC Ltd. | Consumer Goods |
| Asian Paints Ltd. | Asian Paints Ltd. | Consumer Goods |
| Nestle India Ltd. | Nestle India Ltd. | Consumer Goods |
| Titan Company Ltd. | Titan Company Ltd. | Consumer Goods |
| — | Britannia Industries Ltd. | Consumer Goods |
| Reliance Industries Ltd. | Reliance Industries Ltd. | Energy – Oil & Gas |
| Oil & Natural Gas Corporation Ltd. | Oil & Natural Gas Corporation Ltd. | Energy – Oil & Gas |
| — | Bharat Petroleum Corp. Ltd. | Energy – Oil & Gas |
| — | Indian Oil Corporation Ltd. | Energy – Oil & Gas |
| — | GAIL (India) Ltd. | Energy – Oil & Gas |
| Power Grid Corporation of India Ltd. | Power Grid Corporation of India Ltd. | Energy – Power |
| NTPC Ltd. | NTPC Ltd. | Energy – Power |
| — | Coal India Ltd. | Energy & Mining |
| Housing Development Finance Corporation Ltd. | Housing Development Finance Corporation Ltd. | Financial Services |
| Bajaj Finance Ltd. | Bajaj Finance Ltd. | Financial Services |
| Bajaj Finserv Ltd. | Bajaj Finserv Ltd. | Financial Services |
| Infosys Ltd. | Infosys Ltd. | Information Technology |
| Tata Consultancy Services Ltd. | Tata Consultancy Services Ltd. | Information Technology |
| HCL Technologies Ltd. | HCL Technologies Ltd. | Information Technology |
| Tech Mahindra Ltd. | Tech Mahindra Ltd. | Information Technology |
| — | Wipro Ltd. | Information Technology |
| — | Adani Port and Special Economic Zone | Infrastructure |
| — | HDFC Life | Insurance |
| — | Zee Entertainment Enterprises Ltd. | Media & Entertainment |
| Tata Steel Ltd. | Tata Steel Ltd. | Metals |
| — | Hindalco Industries Ltd. | Metals |
| — | JSW Steel Ltd. | Metals |
| Sun Pharmaceutical Industries Ltd. | Sun Pharmaceutical Industries Ltd. | Pharmaceuticals |
| — | Cipla Ltd. | Pharmaceuticals |
| — | Dr. Reddy’s Laboratories Ltd. | Pharmaceuticals |
| Bharti Airtel Ltd. | Bharti Airtel Ltd. | Telecommunication |
| — | Bharti Infratel Ltd. | Telecommunication |
