Multiple choice

Which of the following stock indices has become India's first to adopt the free float market capitalization methodology?

  1. NSE S&P CNX Nifty

  2. BSE Sensex-30

  3. NSE S&P CNX Nifty Jr

  4. Both (a) and (b)

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The BSE Sensex-30 became the first major Indian stock index to shift to a free-float market capitalization methodology in 2003, replacing the full market capitalization method.