Share Price Index in India, September, 2020
For that indicator, we provide data for India from January 1960 to September 2020. The average value for India during that period was 24.26 index points with a minimum of 0.29 index points in June 1975 and a maximum of 151.19 index points in January 2020.
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* indicates monthly or quarterly data series
Measure: index points
Source: The Organisation for Economic Co-operation and Development (OECD)
Definition: Share price indices are calculated from the prices of common shares of companies traded on national or foreign stock exchanges. They are usually determined by the stock exchange, using the closing daily values for the monthly data, and normally expressed as simple arithmetic averages of the daily data.
A price index measures changes in the market capitalization of the basket of shares in the index.
Share price indices reflect the corporate sector's underlying profit and growth record and also act like a barometer of investor confidence in the state of industry and the economy.