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SENSEX hits the 60,000 mark!!!
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impactHut Learning
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Updated Oct 5, 2021
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00:00
SENSEX hits the 60,000 mark!!!
00:07
Why does that matter?
00:24
A stock is an ownership of a company
01:04
SENSEX is the benchmark indicator for all companies in the Bombay Stock Exchange
01:43
Calculating intelligence of a class of 500+ across courses using the average of the top 30 students
02:34
Importance of these indices
03:37
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Audio Transcript
Auto-generated
00:01 - 00:05
the Sensex in India has recently breached the 60,000 months
00:05 - 00:07
and it is widely celebrated as you do in this
00:07 - 00:10
picture. But wait, why does that matter?
00:11 - 00:13
And what has that been celebrated and what the sensex
00:14 - 00:14
after all.
00:15 - 00:18
But you see in the news daily, that's exactly what
00:18 - 00:19
we'll be discussing in today's with you.
00:20 - 00:23
But that note Hello everyone and welcome to impact at
00:23 - 00:26
learning. So let's quickly first understand what is a stock
00:27 - 00:27
or a share.
00:27 - 00:30
So imagine a company as a pizza or a pipe
00:31 - 00:33
and all in the stock means basically having a portion
00:34 - 00:34
of it.
00:34 - 00:37
So and having the stock means you have a particular
00:38 - 00:40
role in whatever decision that the company is making.
00:41 - 00:44
And in India this primarily to stock exchanges, The stock
00:45 - 00:49
exchange is a place that distress are spout or sold
00:49 - 00:50
in India.
00:50 - 00:52
There are two stock exchanges as I told, which is
00:52 - 00:55
Bombay stock exchange and national stock exchange.
00:55 - 00:57
Bombay Stock Exchange consists of 30 companies.
00:58 - 01:00
And national stock exchange consists of 50 companies.
01:01 - 01:02
And that's coming.
01:02 - 01:06
Let's understand that a bit more deeper with census census,
01:06 - 01:09
a sensitive index and it is the indicator which is
01:09 - 01:10
used in the Bombay stock exchange.
01:11 - 01:14
It is the benchmark indicator for all the companies in
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the BSE.
01:15 - 01:18
So I just told that there are 30 companies which
01:18 - 01:18
BSE has.
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But does that not mean that there is only just
01:21 - 01:22
30 companies in the stock exchange?
01:23 - 01:26
So the Bse will choose the top performing or the
01:26 - 01:30
most capitalizing companies in the country and it will be
01:30 - 01:33
calculating the average of those and that will be set
01:33 - 01:36
as an indicator and that will be set as the
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benchmark. And these 30 companies will be kept on revisiting
01:40 - 01:40
over a period of 10.
01:41 - 01:43
To understand the calculation of sense.
01:43 - 01:45
It's better let us understand that.
01:45 - 01:48
The example, say for example, if you want to analyze
01:49 - 01:52
the intelligence of a class of 500 plus students across
01:53 - 01:56
different courses and for which what you'll do, you'll take
01:56 - 01:58
the average of the top 30 students of the class
01:59 - 02:02
and then you use their marks and based on this
02:02 - 02:04
you will calculate the intelligence of the entire class.
02:05 - 02:08
That's exactly what we do in the SenseX calculation has
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been. So we're doing with the assumption that these top
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performing companies, the top 30 in the case of BSE
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or top 50 in the case of in the case
02:17 - 02:21
of the NSC were doing with the belief that just
02:21 - 02:24
taking the average, the weighted average of these 30 or
02:24 - 02:27
50 will give us an overall picture of the entire
02:28 - 02:30
market. That's exactly what sent Texas.
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And that is how the 60,000 mark has also come.
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Now, if you ask me, why does that indicators?
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These market indicators matter.
02:38 - 02:42
So these market indicators are basically brittle, how the economic
02:43 - 02:44
in the country is progressing.
02:44 - 02:48
For example, let's say the sensex points are increasing, then
02:48 - 02:51
that means that there is a good growth which is
02:51 - 02:54
happening in the economy and people are more intrigued to
02:54 - 02:58
buy those talks of the companies at the same time,
02:58 - 03:00
then there is a decrease in the sense six points,
03:00 - 03:03
which means there is a d growth uh in the
03:03 - 03:06
terms of risk, the stock prices, interesting, anything for that
03:06 - 03:09
matter. In those cases when the sentence is dropping, people
03:10 - 03:13
will refrain themselves from buying the stocks or shares.
03:14 - 03:18
So to conclude, to conclude the SenseX or nifty or
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any market indicator which is involved with the stocks will
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tell how the economic growth of the country is happening
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when there is a increase in the points, there is
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a good economic growth happening when there's a degree, there
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is a problem.
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So I think that has been clear on water Sensex
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and wider state Sensex even matter.
03:37 - 03:40
So with that I conclude today's video and I thank
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everyone for watching until the end.
03:42 - 03:45
If you like your content, please do like and share
03:45 - 03:48
in all our social media channels And we are impacted
03:49 - 03:52
learning are working towards the vision of equipping the school
03:52 - 03:53
students with 21st century skills.
03:54 - 03:55
Thank you so much
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