SENSEX – Full Form, Historical Milestones and 30 stocks of BSE Sensex

Sensex Full Form

An index is used to capture the overall sentiments of any markets. In India, out of 17 approved exchanges for equities and commodities. BSE is the oldest and the most active exchange in India with a barometer called The Sensex.

SENSEX Full Form

The full form of Sensex is ‘ Sensitive Index’.

It is the barometer of BSE which has a free-float stock market index of 30 well-established, diversified and financially sound companies listed on The Bombay Stock Exchange. 

The SENSEX was introduced on 1st January 1986, by The Bombay Stock Exchange. 

There are 5000+ companies listed on BSE, but to calculate SENSEX only thirty well-established, economically strong companies are selected based on the highest traded stocks that represent the various sectors in India.

Established in 1986, SENSEX touched the four-digit figure on 25 July 1990 and the five-digit figure on 7 February 2006, for the first time. 

On 4 March 2015, it crossed 30,000 points.

(Suggested reading: How is Sensex Calculated?)

List of 30 companies in SENSEX

Sr No. Security Code Security Name LTP
1 500820 ASIANPAINT 2775
2 532215 AXISBANK 623
3 532977 BAJAJ-AUTO 3482.8
4 532978 BAJAJFINSV 8874.5
5 500034 BAJFINANCE 5280.25
6 532454 BHARTIARTL 515.1
7 532281 HCLTECH 950.4
8 500010 HDFC 2569.65
9 500180 HDFCBANK 1424.85
10 500696 HINDUNILVR 2387.4
11 532174 ICICIBANK 527.55
12 532187 INDUSINDBK 900
13 500209 INFY 1260.4
14 500875 ITC 213.85
15 500247 KOTAKBANK 1994.3
16 500510 L&T 1296.75
17 500520 M&M 732.9
18 532500 MARUTI 7691.6
19 500790 NESTLEIND 18451.05
20 532555 NTPC 99
21 500312 ONGC 93.2
22 532898 POWERGRID 189.45
23 500325 RELIANCE 1987.15
24 500112 SBIN 279.35
25 524715 SUNPHARMA 596.1
26 500470 TATASTEEL 643.1
27 532540 TCS 2928.2
28 532755 TECHM 977.55
29 500114 TITAN 1558.6
30 532538 ULTRACEMCO 5289.9

(Note: This list is updated on 1st January 2021)

History and Milestones of BSE Sensex

Date Milestone
9th Jul 1875 The Native Share & Stock Broker’s Association was formed
2nd Jan 1986 S&P BSE SENSEX, the country’s first equity index was launched
25th Jul 1990 S&P BSE SENSEX closes above 1,000 points
15th Jan 1992 S&P BSE SENSEX closes above 2,000 points
30th Mar 1992 S&P BSE SENSEX closes above 4,000 points
14th Mar 1995 BSE On-Line Trading (BOLT) system introduced in India
19th Aug 1996 First major BSE SENSEX revamp
1997 BSE On-Line Trading (BOLT) system expanded in India
11th Oct 1999 S&P BSE SENSEX closed above 5,000 points
11th Feb 2000 S&P BSE SENSEX crosses 6,000 points in intra-day
9th Jun 2000 Equity Derivatives introduced in India
1st Jun 2001 Index Options launched in India
1st Sep 2003 S&P BSE SENSEX shifted to the free float methodology
2nd Jun 2004 S&P BSE SENSEX closes over 6,000 points for the first time
17th May 2004 Second biggest fall of all time! 

Circuit used twice in a day (564.71 points, 11.14%)

8th Aug 2005 Incorporation of Bombay Stock Exchange Ltd.
7th Feb 2006 S&P BSE SENSEX closed above 10,000 points
7th Mar 2007 Singapore Exchange Limited invested in a 5% stake in BSE
10th Jan 2008 S&P BSE SENSEX records an all-time high of 21206.77
18th May 2009 The S&P BSE SENSEX raised 2110.70 points (17.34%) and the

upper circuit breaker was applied

4th Jan 2010 Market time changed to 9.00 am – 3.30 pm
21st Sep 2010 First to introduce Mobile Trading
13th Oct 2015 BSE becomes the fastest exchange in the world with the speed of 6 microseconds
3rd February 2017 BSE to become India’s 1st listed Stock Exchange
23rd March 2017 BSE crosses Rs.200,111 Crore via the Debt online platforms
1st October 2018 BSE launches its commodity derivatives segment.

Significance of Sensex

A stock market index like BSE Sensex helps the investors to discover the situation of the market.

Let us understand why the stock market index is necessary for investors.

1. Guides the Investors to Pick The Right Stocks

In BSE more than 5000 companies are listed and it is a tedious task to discover the right stock to invest in. 

Without a benchmark index, it is very difficult to differentiate between two stocks and make the right decision. 

The BSE Sensex classifies the shares of companies based on industry type, size, financial impact, etc.

So, BSE Sensex turns out to be a guide for investors.

2. Convenient Indicator for Beginners

Equity investing can be high risk especially for beginners who have just started to trade.

The stock market index like BSE Sensex bridges the gap between beginners and experienced investors with a simple depiction of trends in the market.

So, even a beginner can analyse and trade with ease with the help of BSE Sensex.

3. Reflects Sentiments of Investors

Another major reason BSE Sensex is preferred is that they summarise the daily sentiments of investors trading on them.

For example, during times of political imbalances, certain stocks underperform, this indicates that the investors are uncertain or nervous about new reforms in the economy. 

Understanding these sentiments shows investors whether a trend is short-term or is going to last.

How to trade in companies listed on BSE Sensex? 

Since you now understand the full form of Sensex and the 30 companies of Sensex and the significance of BSE Sensex.

Let us now understand the step-by-step procedure to trade in companies listed on BSE Sensex. 

  • Firstly, open a trading and Demat account. Fortunately, you don’t have to look far, as Samco has been awarded as the best equity stock broker in India by CNBC – Awaaz! 
  • Once your Demat account is opened, you simply need to transfer funds from your bank account to your trading account and start trading on NSE or BSE!

So, open the best Demat and Trading account in India with Samco today and start creating infinite wealth in the stock markets!

Don’t forget to read the Difference Between the Benchmark Indexes NIFTY and SENSEX!

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