Nifty stand for Nation Stock Exchange’s fifty. There are fifty companies enlisted in nifty and the list keeps on changing on the basis of some criteria’s ascertain by the exchange. The up’s and down’s in the company’s results in the volume of nifty. Nifty tips are made keeping the companies listed in mind. Nifty is for NSE same as Sensex is for BSE. Even the performance of major mutual funds is calculated on the basis of the performance of the Index.
Nifty is traded in future contracts as well as in options where the contracts are bought and sold on the basis of strike price. Nifty is owned by IISL i.e. Indian Index Services and Products Ltd. Whereas IISL is a joint venture of NSE and CRISIL. Nifty is also known as S&P CNX Nifty. There are various standards which are formulated by the exchange for listing the tops 50 companies in Nifty.
Nifty tips are given on the basis of the fresh analysis made by the market experts keeping the current scenario in mind. Many a times nifty shows slight movement in a day that is state of total consolidation, or move to either side (Up or down) owing to high volume in the market. Market has encountered major booms since when it has come into privileged classes. Nowadays all the classes and the masses of the people are trading into the market. There are risk involved at every stage of trading but if precautions are taken much can be extracted from it.
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