i have a debate competition, and the topic is "is censex the best measure for economic success?". can someone plz find me some information about the topic. i tried looking on google but didnt find any result. can someone help me plz? it would be better if it is related to india.
thanx

censex? that's either a really rare abbreviation of a czech word.

its related to stocks; its a measure of stock....kindof..

sensex?

As in sensitive index; the main stock market index in Bombay.....?

Im confused, what are you actually debating...?

Where or not (I think) decreasing/increasing the measure of stock* would help a country in an economical sense?

That's the way I see it .

*sorry, forgot to add that bit

The measure of what..

Do you mean controlling stock (in general ) is the best way to increase the economic success of a country? 

If i understand the question correctly, I think you mean is the BSE Sensex the best measure for India's economic success?

The Sensex is an index of the 30 most actively traded shares on the Bombay Stock Exchange.

I would say it isn't, because India has a very divesified economy, with a large proportion of the income being generated in the shadow economy and through unorganised markets. Furthermore, the companies in the sensex are not representitive of India's economic structure, most of the companies listed operate in the tertriary sector, with things like consultancy, banking and research. Wheras most of India's economy is based around agriculture and manufacturing, with most of these businesses being pvt (private limited) or sole trading.

Wiki's results on sensex - Click
Wiki's result on censex - None

I believe you got the word wrong.

yeah thats what i mean, Sensex...
the topic is "whether sensex is a barometer for measuring economic success??" can someone get me some info on that??

http://in.rediff.com/getahead/2004/dec/10sensex.htm

thats a good one

http://www.tradersedgeindia.com/bse_sensex.htm

more of a technical page

funnily enough this webpage is titled"is the sensex a true barometer of economic health"
http://timesofindia.indiatimes.com/articleshow/692640.cms

another article about same subject "barometer and sensex"
http://www.hinduonnet.com/2004/11/29/stories/2004112900351400.htm

quote:

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Originally posted by Rubber Stamp
yeah thats what i mean, Sensex...
the topic is "whether sensex is a barometer for measuring economic success??" can someone get me some info on that??

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lol...thanx for the help guys

For everyone who is wondering / hasnt found out, the Sensex is one of 2 stock markets in India

i m sorry if i couldnt explain properly..i needed this was a friend..she was really stressed up about this and i couldnt really find anything (what with that wrong spelling....), so i thought i would ask up here.
thanx people!

I would say no.

The trade of securities on a financial market such as senex, is usually not representative of true economic conditions and performance. That is beacuse the system has one characteristic that prevents this: Human interaction. It is human decsions and emotions that dictate the trade or shares. Yes, economic performance and indicators can effect the trade by institutional investors, however, most decsions are based on inflated speculation.
A stock market by nature is speculative and therefore only a ROUGH indicator.

quote:

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Originally posted by John Anderton
For everyone who is wondering / hasnt found out, the Sensex is one of 2 stock markets in India

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