Nifty Fifty or SP CNX Correct Trading Sense

Nifty 50-Introduction:

The Nifty 50 is a list of Stocks which had high growth and profit in the market. These are Group A stocks and these companies are called large cap companies. These are recommended stocks considered for life long purchase and holds. Nifty is one of the leading indexes in the Indian stock market. The stocks in NIFTY are almost able to give around 50% of the total traded volume. It is also the indicator of growth of economy.

Today's price action of nifty futures : fno_hacked

S&P CNX India or nifty 50:

The Nifty 50 is a list of 50 large caps listed on National Stock Exchange of India in the 1960s and 1970s. India Index Services and Private Ltd is the owner which is a result of merger between NSE and CRISIL. It is India’s specialized company which focuses on Index. It has an agreement with Standard & Poor’s for marketing and licensing hence called S&P CNX Nifty. Nifty stocks accounts about 60% of the total market capitalization of the National Stock Exchange (NSE). The index is calculated on the basis of Free Float Shares sgx nifty share price. The name of top 4 companies of 2010 which showed about one-third of the weight in index are Reliance Industries, Infosys Technologies, ICICI Bank and Larsen & Turbo.

The Nifty index of India is made by Susan Thomas and Ajay shah. In terms of daily turnover NSE is the largest stock exchange of India. The Nifty is main index of NSE. To trade in nifty stocks one has to be aware of the index.

To basically trade in Nifty one has to have great market knowledge. The index may rise or fall it is very hard to track it. Simple trader can not do it without help and for help you can look for internet websites, NSE indicators websites or any kind of stock advisory firm which will provide Nifty and stock tips. Many advisory are there in the market. If you have a support it is best for your profit sense.

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