2. “Stock exchange” is platform where buying and selling of stock and other
financial instruments takes place.
Companies must be listed in stock exchange.
Market types:
Primary , Secondary
India officially has 9 stock and commodity exchanges
So how does it work?
3. National stock exchange(NSE)
-It’s the leading stock exchange in India located at Mumbai
-Established in 1992
-First dematerialised stock exchange in India-
-Worlds 11th largest
-Working days
-Trade timings (9AM-3:30PM)
NSE has its flagship index
4. The NIFTY 50 is weighted average of 50 Indian company stocks.
(Large Cap)
-It owned and managed by India Index Services and Products Ltd.
(IISL).
-IISL is India's first specialized company focused on an index as a
core product.
Market capital is USD $2.27 Trillion as per April 2018.
Launched in 22 April 1996.
Base value and year.
Intraday is possible.
NIFTY 50
5. Nifty50 is known as National Index Fifty.
Nifty is a major stock index by NSE.
It originates from two words national and fifty.
Fifty actively traded stock exchange from all sectors.
From 17 different sectors.
Some use nifty as benchmark in mutual funds.
Highest fall gain of single-day?
CNX NIFTY
6. Nifty sectoral indices
Nifty Auto
Nifty PSU Bank
Nifty PVT Bank
Nifty Pharma
Nifty FMCG
Nifty IT
Nifty Metal
Nifty Media
Nifty Oil & Gas
Nifty Consumer durables
Nifty Financial services
Nifty Reality
