Day Trade The Bse Sensex As Well As Indian Stocks & Indices


by Danie Van Wyk - Date: 2007-01-02 - Word Count: 281 Share This!

First Some History on the BSE

The BSE Sensex index is widely reported in both domestic and international stock markets through print as well as electronic media and is widely accepted amongst Indian investors and day traders.

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 has over the years become one of the most prominent brands in India.

What is SENSEX?

The SENSEX, short form of the BSE-Sensitive Index, is a "Market Capitalization-Weighted" index of 30 stocks representing a sample of large, well-established and financially sound companies. It is the oldest index in India and has acquired a unique place in the collective consciousness of investors.

The index is used to measure the performance of the Indian stock markets. SENSEX is considered to be the pulse of the Indian stock markets as it represents the underlying universe of listed stocks at The Stock Exchange, Mumbai. Further, as the oldest index of the Indian Stock market.

The Sensex stock index measures market movements like no other and is widely used to describe the mood in the Indian Stock markets and indices.

Below is a list of some of the Indian companies listed on the Bombay Stock Exchange you can trade:

Andhra BankArvind Mills
Aurobindo Pharma BAS
BASFBank of Raj
DigiGlobalDr. Reddy
Dr. Reddy
Dr. ReddyDSQ Software
DSQ SoftwareEIH
EIH
Glenmark Pharma
Hexaware Tech
Hexaware TechHero Honda
Hero Honda
TATA
Telco

One can trade the Sensex in most time frames which makes it possible for any day trader to adopt their trading skills to the time frame in which they feel most comfortable trading in.

Thank you for joining us in this lesson.

The Indiadaytrading.com Team


Related Tags: stock market, online stock trading, bse sensex, indian stocks

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