The word ‘indices’ is the plural for ‘index’. In other words, Nifty 50 is called an ‘index’, whereas Nifty 50 and Sensex together are called ‘indices’.
‘Indices’ and ‘Indexes’ mean the same.
‘Indices’ is the more popular term, which is used commonly on business channels and websites.
Moving on, just like Sensex and Nifty50 are the main stock market indices of India, other countries also have their own indices.
The United States of America has Dow Jones, S&P 500, Nasdaq 100 and many more.
France has CAC40, Australia has S&P ASX 20.
There are also Global Indices which are not restricted to a country or region.
For example, the ‘S&P Global 100’ is an index of 100 large-cap companies whose businesses are global. It includes companies like Apple (American), ABB Ltd (Swiss), Allianz (German), Panasonic (Japanese) and many other companies which do business globally.
Indices can also be regional.
The Euro Stoxx 50 is an index of 50 large-cap companies in the Eurozone – i.e several European countries, where the currency is Euro (€).
‘S&P Asia 50’ index includes listed companies from stock exchanges in South Korea, Singapore, Taiwan and Hong Kong.
Similarly, there are several other global, regional and national indices.
Below is a list of major stock market indices of countries across the globe.
|Canada||TR Canada 50|
|China||Shanghai SE Composite|
|Czech Republic||PX Index|
|Europe||Euro Stoxx 50|
|Hong Kong||Hang Seng|
|Iceland||OMX Iceland 10|
|New Zealand||NZX 50|
|United Kingdom||FTSE 100|
|USA||Dow Jones Industrial Average|
Other Global Indices (including European):
- MSCI Index: It’s a market cap weighted index of 1644 stocks from companies in 23 countries throughout the world.
- S&P Global 100: It includes 100 large cap companies from the S&P Global 1200.
- S&P Global 1200: The index of 1200 companies covers 31 countries and approximately 70 percent of global stock market capitalization.
- The Global Dow: It’s a 150 stock index of companies from around the world. Only quality large cap stocks are included in the index.
- Dow Jones Global Titans 50: 50 of the most-valued and best known companies traded on New York Stock Exchange, American Stock Exchange, Nasdaq, Euronext, London Stock Exchange, and Tokyo Stock Exchange are included in this index.
- FTSE All-World index series: 3,100 companies in 47 countries.
- EURO STOXX 50: European index made up of 50 of the largest and most liquid stocks in Eurozone.
- STOXX 600: 600 components representing large, mid and small capitalization companies among 17 European countries.