Stock market index is one of the method of measuring the share vales with respective to time. There are many types of stock market index. The index is defined on the basis by which they are used to indicate the money. The one of the stock market index is broad-base index which gives the clear idea about the whole share market. And this type of index gives the clear idea about National economy. The mostly adapted index is the broad- base index.
The some of the famous stock exchanges which haves the brad-base index is the American Dow Jones Industrial Average, the USA sensex, and the Japanese Nikkei 225. All the exchanges out money in America carried out through the new York stock exchange (but not ADRs)and most of the trades are through the NASDAQ and American stock exchange. Morgan Stanley Biotech Index is used in some of the nations for the trading.
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