Updated: Jun 13, 2023, 1:46pm
The National Stock Exchange (NSE) uses the benchmark index NIFTY 50 to help investors understand how the overall equity market is performing. The index consists of top-50 stocks of large and liquid companies ranked using weighted average and market capitalization.
The NIFTY 50 index allows investors to know the performance of the overall market. When there are more buyers of stocks, the reading in the NIFTY 50 chart goes up representing the cost of shares, and more sellers reduces the price and the reading goes down.
Forbes Advisor India has put together daily, weekly, monthly and yearly rates of NIFTY 50 to help you understand the performance of the stock market over time.
Furthermore, these dates mark important event for NSE’s Nifty brand indices:
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Investing in the stock market is subject to investment risks. Also, there are various charges that apply such as transaction costs, demat charges, as well as taxes. Investors must make an informed decision and understand the risks associated with trading in financial markets. One must develop financial discipline to reap higher returns to your investment. A careful understanding of trading can help you get started.
Dipen Pradhan is a Staff Reporter for Forbes Advisor India. He has more than 10 years of experience in journalism. He covers the personal finance beat. When he is not writing, he enjoys documenting the community's ethnic knowledge, and travels to explore rural hotspots.
Nifty 50 Historical Rates (December 2023) – Forbes Advisor INDIA – Forbes
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