What is NIFTY? How does it works?

2 Views|Posted 6 years ago
Asked by Rahul Jamwal
1 Answer
S
6 years ago
For Nifty, the index is calculated by dividing the current market value by base market capital and further multiplying it by a Base index value of 1000. SENSEX and NIFTY, the two major indices of Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) respectively, are the indicators of the In

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