Manish is an avid investor in the stock exchange and loves to share some basic fundas with his inquisitive friends.
In India, there are two major stock exchanges – NSE or National Stock Exchange & BSE or Bombay Stock Exchange. BSE is the oldest stock exchange in Asia while NSE is the largest in the country.
Sensex & Nifty are indexes or indicators that offer a general idea about whether most of the stocks have gone up or down.
Sensex is like a barometer of market sentiments for BSE. So, if the Sensex goes up, there is a high probability, stock prices of companies listed on BSE will largely go up.
Similarly, Nifty registers market sentiments for NSE. So, if the Nifty goes up, there is a high probability, stock prices of companies listed on NSE will largely go up.
You can trade in both Sensex & Nifty by partnering with Angel Broking.