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What is NIFTY and how it is calculated?

What is NIFTY and how it is calculated?

What is NIFTY?

nifty

The NIFTY (National stock Exchange FIFTY) is an indicator which indicates the performance of the 50 major companies listed on NSE (National Stock Exchange). It is also called Nifty Fifty or NIFTY 50. In a simple word, we can say if NIFTY goes up then the prices of the top traded stocks of major companies listed on the NSE will go up and on the contrary, when NIFTY goes down then the prices of the top traded stocks of major companies listed on the NSE will go down. Continue reading

Saving Rs. 30 a day can make you a Crorepati!

Saving Rs. 30 a day can make you a Crorepati!

sip

Becoming a Crorepati is a dream for every investor and it comes true by saving just Rs 30 a day, but how? Start investing in any of the diversified mutual fund through SIP (Systematic Investment Plan). But the fact is that start SIP as early as possible because the early you start investing the early you become a Crorepati. Warren Buffet the world’s most renowned and successful investor who ranks second in of the world’s billionaires list started investing in stocks at the age of just eleven.

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