Press Release Summary: SENSEX (http://www.stockmarketsensex.com/), first compiled in 1986 was calculated on a \"Market Capitalization-Weighted\" methodology of 30 component stocks representing a sample of large, well established and financially sound companies. The base year of SENSEX is 1978-79. The index is widely reported in both domestic and international markets through print as well as electronic media.
Press Release Body: SENSEX (http://www.stockmarketsensex.com/) is not only scientifically designed but also based on globally accepted construction and review methodology. From September 2003, the SENSEX (http://www.stockmarketsensex.com/) is calculated on a free-float market capitalization methodology. The \"free-float Market Capitalization-Weighted\" methodology is a widely followed index construction methodology on which majority of global equity benchmarks are based.
The growth of equity markets in India has been phenomenal in the decade gone by. Right from early nineties the stock market witnessed heightened activity in terms of various bull and bear runs. More recently, the bourses in India witnessed a similar frenzy in the \'TMT\' sectors. The SENSEX (http://www.stockmarketsensex.com/) captured all these happenings in the most judicial manner. One can identify the booms and bust of the Indian equity market through SENSEX.
Due to is wide acceptance amongst the Indian investors; SENSEX (http://www.stockmarketsensex.com/) is regarded to be the pulse of the Indian stock market. As the oldest index in the country, it provides the time series data over a fairly long period of time (From 1979 onwards). Small wonder, the SENSEX (http://www.stockmarketsensex.com/) has over the years become one of the most prominent brands in the country.