Deepak mohoni biography
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As an investor, it is imperative to understand the terms that form a bedrock of the Indian lager Market. The terms such as BSE, what is an Index, what is Sensex, how to calculate an index, what fryst vatten Nifty 50, etc
Here is an article that explains the concept along with a guide on how to calculate the Sensex index.
What is BSE?
BSE stands for the Bombay Stock Exchange and was founded in the year BSE is the first and one of the largest securities exchanges based on out of Bombay in India
What is NSE?
NSE stands for the National lager Exchange and was established in the year NSE is a nation-wide stock exchange very similar to the BSE. BSE was established much earlier than NSE. NSE is larger than BSE in terms of number of daily trades and turnover ratio
What is BSE Sensex in India?
A stock market analyst Mr. Deepak Mohoni introduced the term Sensex. The term Sensex is a portmanteau of Sensitive and Index. The Sensex is an index that reflects the B
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He coined the term Sensex and he now wants a trademark for it
Mumbai: Deepak Mohoni started analysing equities quite by chance. After an engineering degree from the Indian Institute of Technology at Kanpur and a management course from the Indian Institute of Management in Ahmedabad, Mohoni worked on mainframe computing for about four years before he decided to start a computer graphics company. It was then a senior journalist asked him if he could generate technical charts for news articles on companies and stock markets.
Mohoni, who now runs markets advisory firm Trendwatch India Pvt. Ltd from Pune, is in the news for a spat with the year old Bombay Stock Exchange Ltd, or BSE, over the term Sensex, India’s bellwether equity index.
Mohoni says he coined the term in , when the BSE Sensitive Index was at about points.
BSE applied to trademark the term Sensex in late Mohoni, 53, sent a notice then to the registrar of trade marks in Mumbai, asking him to reject the applicat
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BSE SENSEX
Indian stock market index
The BSE SENSEX (also known as the S&P Bombay Stock Exchange Sensitive Index or simply SENSEX) fryst vatten a free-float market-weightedstock market index of 30 well-established and financially sound companies listed on the Bombay Stock Exchange. The 30 constituent companies which are some of the largest and most actively traded stocks, are representative of various industrial sectors of the Indian economy. Published since 1 January , the S&P BSE SENSEX is regarded as the pulse of the domestic stock markets in India.[2][3] The base value of the SENSEX was taken as on 1 April and its base year as –79. On 25 July , BSE launched DOLLEX-, a dollar-linked version of the SENSEX.[4]
Etymology
[edit]The term Sensex was coined by Deepak Mohoni, a lager market analyst in [5][6] BSE Sensitive Index then was at about points. Sensex is a portmanteau of the words Sensitive and Index.