Use the baseline shift option to specify the amount of space to move a character (or group of characters) up or down relative to the baseline. Positive numbers shift characters up, and negative numbers shift characters down.
You can use baseline shift to make small adjustments to text such as positioning copyright and trademark symbols (© and ™), or to create superscript or subscript such as a number or figure used in a formula or mathematical expression, which is smaller than the adjacent text, and is set slightly above or below the line of type.
Adjusting the baseline shift does not change the line spacing or font size of the characters. When you change the spacing between lines or the font size, the baseline-shift position is maintained proportionally. You can change font sizes in the Font palette, and adjust line spacing in the Paragraph palette.
See also 

To change the baseline shift of text