Stock indices are measurements of specific areas of the entire stock market. For instance, the tech sector or the services sector.

There are a lot of indices used in tracking the stock market. For instance; S&P 500, S&P Global 100, MSCI World, Nikkei 225, and Morgan Stanley Biotech Index.

There are several indices that chart the progress of Canadian stocks. Among these is the S&P/TSX 60 Capped Index. Yahoo! Finance has a list of the major Canadian stock indices.

_ The technical stock market correction takes place when major market indices like DJI and SP500 drop by more than 10% in a relatively short period of time.

The two main stock indices of India are:

* Bombay Stock Exchange - BSE Sensex * National Stock Exchange - Nifty

Some other stock indices of NSE are:

* CNX Nifty Junior * CNX 100 * S&P CNX 500 * CNX Midcap Apart from this, both NSE and BSE have indices for the large industries. Like BSE Bankex (For banking) and so on..