Market
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 September 2011
I WANT TO KNOW ABOUT WHAT IS SENSEX & NIFTY WHAT IS THE PROCEDURE FOR INVEST IN SHARE MARKET,HOW I ANALYSIS ABOUT MARKET?
RAMESH KUMAR VERMA
(Expert)
08 September 2011
The Sensex is an "index". What is an index? An index is basically an indicator. It gives you a general idea about whether most of the stocks have gone up or most of the stocks have gone down.
The Sensex is an indicator of all the major companies of the BSE.
The Nifty is an indicator of all the major companies of the NSE.
If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.
Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE.
Procedure:
pen a cash account with a brokerage firm. The procedure is much like opening a checking account, although you'll need an initial deposit of $1,000 in most cases. You must provide some additional information, including income, net worth, and place of employment. Beginning investors may want to pick a full-service broker who has extensive research and advising services. Discount brokers are less expensive, but they don't offer these features. They are a good way to save money if you are ready to do your own research.
Read more: https://www.ehow.com/how_4797288_invest-money-share-market.html
The Sensex is an indicator of all the major companies of the BSE.
The Nifty is an indicator of all the major companies of the NSE.
If the Sensex goes up, it means that the prices of the stocks of most of the major companies on the BSE have gone up. If the Sensex goes down, this tells you that the stock price of most of the major stocks on the BSE have gone down.
Just like the Sensex represents the top stocks of the BSE, the Nifty represents the top stocks of the NSE.
Procedure:
pen a cash account with a brokerage firm. The procedure is much like opening a checking account, although you'll need an initial deposit of $1,000 in most cases. You must provide some additional information, including income, net worth, and place of employment. Beginning investors may want to pick a full-service broker who has extensive research and advising services. Discount brokers are less expensive, but they don't offer these features. They are a good way to save money if you are ready to do your own research.
Read more: https://www.ehow.com/how_4797288_invest-money-share-market.html
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