SENSEX:  Sensex is a stock market index. Sensex is comprised of 30          financially sound and established companies listed on BSE(                         Bombay stock exchange)
  NIFTY:    Nifty is the equity benchmark of NSE ( national stock                      exchange). It is also called nifty50. Nifty is more diversified index as it is comprised of 50 established companies.
Both allow a trader to invest or trade in shares.
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