Indian IndicesGlobal Indices
The Indian Stock Market is flush with money-making opportunities. The overall market sentiments can be tracked by keeping an eye on the benchmark indices and sectoral progress can be gauge by monitoring the sectoral indices listed on the NSE and BSE, the major stock exchanges in the country. NSE's benchmark index is the NIFTY50 which comprises of the top 50 stocks on the exchange by market capitalization while SENSEX is the BSE's benchmark index consisting of the top 30 stocks. Watching out for the movements in the benchmark indices will help you take the right stance and understand the direction of the market, thus aiding you to take informed market decisions. Besides the benchmark indices, most market players also monitor the sectoral indices focused on banking, IT, auto, energy, etc. The momentum of the frontline indices is often dictated by the price movements of the stocks carrying the highest weightage.