Usually means: Measure of specific stock group.
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We found 10 dictionaries that define the word stock market index:

General (8 matching dictionaries)
  1. stock market index: Vocabulary.com
  2. stock market index: Wiktionary
  3. stock market index: Dictionary.com
  4. Stock market index: Wikipedia, the Free Encyclopedia
  5. stock market index: Rhymezone
  6. stock market index: FreeDictionary.org
  7. stock market index: Mnemonic Dictionary
  8. stock market index: TheFreeDictionary.com

Business (2 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. stock market index: Financial dictionary

Definitions from Wiktionary (stock market index)

noun:  A measure that is calculated as a weighted average of the prices of a defined range of stocks

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