What is the Difference Between BSE and NIFTY of India?

The BSE (Bombay Stock Exchange) and NIFTY (National Stock Exchange) are two principal stock exchanges in India. The Sensex and Nifty are the benchmark indices for these exchanges, representing the overall performance of the stock market. The main differences between BSE and NIFTY are:

1. Number of Companies: Sensex comprises the top 30 listed companies in the BSE, while Nifty comprises the top 50 companies across various sectors and industries listed in the NSE.
2. Sectors: Sensex features companies across 13 different sectors, while Nifty covers 24 different sectors.
3. Market Capitalization: Both indices represent large-cap companies, which generally have a good degree of liquidity and are traded in stock exchanges. They represent approximately 70% - 75% of the total market capitalization in India.
4. Age: Sensex, introduced in 1986, is the older stock index, while Nifty, introduced in 1996, is relatively newer.
5. Name Origin: Sensex is an amalgamation of the words 'sensitive' and 'index', while Nifty is an amalgamation of the words 'national' and 'fifty'.

In summary, the main differences between BSE and NIFTY are the number of companies, sectors, age, and the exchanges they represent. Both indices help stock traders determine the overall performance trend of the stock market, with Sensex representing the BSE and Nifty representing the NSE.

Comparative Table: BSE vs NIFTY of India

The main difference between BSE and NIFTY lies in the stock exchanges they represent and the companies they track. Here is a table summarizing the key differences between BSE and NIFTY:

BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) are the two principal stock exchanges in India. Both Sensex and Nifty are market indices that represent the performance of the top listed companies on their respective exchanges.