Which of the following statements is true 1 Bombay Stock Exchange Sensitive Index is ...........

Economic Affairs Types of Banks and Banking

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Which of the following statements is true:

1. Bombay Stock Exchange Sensitive Index is a group of 30 listed stocks.

2. The Nifty index, shows the biggest 50 liquid stocks in the country.

3. BANKEX tracks the performance of the leading banking sector stocks listed on the BSE.

4. New york Stock Exchange Sensitive Index is known as Nikkei.

Choose your answer from the codes given below:

1, 2 , 3 ,4

1, 2 and 3

1, 2 and 4

2, 3 and 4

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Explanation:

1. The S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive Index), also-called the BSE 30 or simply the SENSEX, is a free-float market-weighted stock market index of 30 well-established and financially sound companies listed on Bombay Stock Exchange. The 30 component companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy.
2. The NIFTY 50 is a diversified 50 stock index accounting for 13 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds. NIFTY 50 is owned and managed by IndiaIndex Services and Products Ltd. (IISL).

3. The New York Stock Exchange (abbreviated as NYSE and nicknamed "The Big Board), is an American stock exchange located at, New York. It is by far the world's largest stock exchange by market capitalization of its listed companies