Difference Between SENSEX And NIFTY

An Index gauges Stock Market performance and reflects Economic Trends. A rising value suggests a thriving market and positive economy, while a fall indicates a struggling market and negative economy.

What Is An Index?

Nifty Meaning

Nifty stands for "National Fifty," serving as the pivotal index for the National Stock Exchange.

Established in 1996 as CNX Nifty, reborn as Nifty 50 in 2015, it tracks the top 50 liquid stocks from 1,600+ on NSE, revealing India's economic trends.

Sensex Meaning

Sensex is the shorthand for the "Sensitive Index," which is the primary stock market index in India.

It serves as a barometer to measure the performance of the country's major publicly traded companies on the Bombay Stock Exchange (BSE).

Difference Between SENSEX And NIFTY

Full Form:   NIFTY: National Fifty     SENSEX: Sensitive Index

Incorporation:    NIFTY was incorporated in 1996. SENSEX was incorporated in 1986.

Volume & Liquidity: NIFTY generally has higher trading volume and liquidity compared to SENSEX.

Difference Between SENSEX And NIFTY

Former Names:    NIFTY was formerly known as CNX FIFTY.     SENSEX was formerly known as S&P BSE SENSEX

Base Year:    NIFTY's base year is 1978-1979. SENSEX's base year is 1995.

Check out more Alice Blue articles