Question Bank - Banking & Financial Services

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When BSE's sensex has reached its maximum 30,000 - mark for the first time in the history?

A.
26-Dec-16
B.
26-Jan-17
C.
26-Apr-17
D.
26-May-17

Solution:

The correct answer is 26 April 2017. On 26 April 2017, the BSE's Sensex closed at 30,133. 35, its first close above the 30,000 level. BSE SENSEXIt is also known as the S&P Bombay Stock Exchange Sensitive Index. It is a free-float stock market index of 30 established companies listed on the Bombay Stock Exchange. The companies are representative of various industrial sectors of the Indian economy. BSE SENSEX is regarded as the pulse of the domestic stock markets in India. Additional InformationThe word 'Sensex' was coined by Deepak Mohoni in 1989. It is a portmanteau of the words 'Sensitive' and 'Index'.

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