Because that is were companies make alot of money from.
SENSEX and Nifty are the Indian equivalents of the Dow Jones Industrial Average in the United States.
SENSEX (means "sensitive index") lists 30 blue-chip stocks trading on the Bombay Stock Exchange.
Nifty (short for "Nifty Fifty"--Standard & Poor's CRISIL NSE Index 50) lists 50 blue-chip stocks trading on the National Stock Exchange of India. It does NOT mean "neat, informative, flexible, timely, yours"--that's something else.
The "Nifty Fifty" was also a term used for 50 large cap stocks in USA in the 1960s and 1970s. The Nifty Fifty included companies like Disney, American Express and IBM. S&P CNX Nifty is a well diversified 50 stock index accounting for 22 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds.
These shares are
"Name" , "Sector,"NSE Code"
"ABB Ltd. ","ELECTRICAL EQUIPMENT","ABB"
,"ACC Ltd. ","CEMENT AND CEMENT PRODUCTS","ACC"
,"Ambuja Cements Ltd. ","CEMENT AND CEMENT PRODUCTS","AMBUJACEM"
,"Axis Bank Ltd. ","BANKS","AXISBANK"
,"Bharat Heavy Electricals Ltd. ","ELECTRICAL EQUIPMENT","BHEL"
,"Bharat Petroleum Corporation Ltd. ","REFINERIES","BPCL"
,"Bharti Airtel Ltd. ","TELECOMMUNICATION - SERVICES","BHARTIARTL"
,"Cairn India Ltd. ","OIL EXPLORATION/PRODUCTION","CAIRN"
,"Cipla Ltd. ","PHARMACEUTICALS","CIPLA"
,"DLF Ltd. ","CONSTRUCTION","DLF"
,"GAIL (India) Ltd. ","GAS","GAIL"
,"HCL Technologies Ltd. ","COMPUTERS - SOFTWARE","HCLTECH"
,"HDFC Bank Ltd. ","BANKS","HDFCBANK"
,"Hero Honda Motors Ltd. ","AUTOMOBILES - 2 AND 3 WHEELERS","HEROHONDA"
,"Hindalco Industries Ltd. ","ALUMINIUM","HINDALCO"
,"Hindustan Unilever Ltd. ","PERSONAL CARE","HINDUNILVR"
,"Housing Development Finance Corporation Ltd. ","FINANCE - HOUSING","HDFC"
,"I T C Ltd. ","CIGARETTES","ITC"
,"ICICI Bank Ltd. ","BANKS","ICICIBANK"
,"Idea Cellular Ltd. ","TELECOMMUNICATION - SERVICES","IDEA"
,"Infosys Technologies Ltd. ","COMPUTERS - SOFTWARE","INFOSYSTCH"
,"Infrastructure Development Finance Co. Ltd. ","FINANCIAL INSTITUTION","IDFC"
,"Jaiprakash Associates Ltd. ","CONSTRUCTION","JPASSOCIAT"
,"Jindal Steel & Power Ltd. ","STEEL AND STEEL PRODUCTS","JINDALSTEL"
,"Kotak Mahindra Bank Ltd. ","BANKS","KOTAKBANK"
,"Larsen & Toubro Ltd. ","ENGINEERING","LT"
,"Mahindra & Mahindra Ltd. ","AUTOMOBILES - 4 WHEELERS","M&M"
,"Maruti Suzuki India Ltd. ","AUTOMOBILES - 4 WHEELERS","MARUTI"
,"NTPC Ltd. ","POWER","NTPC"
,"Oil & Natural Gas Corporation Ltd. ","OIL EXPLORATION/PRODUCTION","ONGC"
,"Power Grid Corporation of India Ltd. ","POWER","POWERGRID"
,"Punjab National Bank ","BANKS","PNB"
,"Ranbaxy Laboratories Ltd. ","PHARMACEUTICALS","RANBAXY"
,"Reliance Capital Ltd. ","FINANCIAL INSTITUTION","RELCAPITAL"
,"Reliance Communications Ltd. ","TELECOMMUNICATION - SERVICES","RCOM"
,"Reliance Industries Ltd. ","REFINERIES","RELIANCE"
,"Reliance Infrastructure Ltd. ","POWER","RELINFRA"
,"Reliance Power Ltd. ","POWER","RPOWER"
,"Siemens Ltd. ","ELECTRICAL EQUIPMENT","SIEMENS"
,"State Bank of India ","BANKS","SBIN"
,"Steel Authority of India Ltd. ","STEEL AND STEEL PRODUCTS","SAIL"
,"Sterlite Industries (India) Ltd. ","METALS","STER"
,"Sun Pharmaceutical Industries Ltd. ","PHARMACEUTICALS","SUNPHARMA"
,"Suzlon Energy Ltd. ","ELECTRICAL EQUIPMENT","SUZLON"
,"Tata Consultancy Services Ltd. ","COMPUTERS - SOFTWARE","TCS"
,"Tata Motors Ltd. ","AUTOMOBILES - 4 WHEELERS","TATAMOTORS"
,"Tata Power Co. Ltd. ","POWER","TATAPOWER"
,"Tata Steel Ltd. ","STEEL AND STEEL PRODUCTS","TATASTEEL"
,"Unitech Ltd. ","CONSTRUCTION","UNITECH"
,"Wipro Ltd. ","COMPUTERS - SOFTWARE","WIPRO"
What is the meaning of the abbreviation NIFTY in the stock market?
The NIFTY stock index's official name is Standard & Poor's CRISIL NSE Index 50, or S&P CNX Nifty. It's been nicknamed "Nifty Fifty" or "Nifty." It does NOT stand for "Neat Informative Flexible Timely Yours," no matter what the Internet claims. There is a program named that, but it's not this index.
Dictionary meaning of NIFTY as adjective is Very good.
What company took over Deak-Perera?
After the death of Nicholas Deak, the company was broken up. The foreign exchange business was sold to Thomas Cook Inc., and the precious metals became what is today Goldline. Many of the key employees who worked for Nicholas Deak are still in the precious metals industry. Look at Omega Precious Metals in NY.
What are the top 5 traded world commodities?
1 Oil/petroleum products
2 Coffee
3 Steel and Infrastructure
4 Gold
5 Wheat
Which Indian companies have recently issued debentures?
recently which industry/company had issued its debentures
What is the ticker symbol for Future Shop?
Future Shop was purchased by American based Best Buy in 2001. The company is now known as 'Best Buy Canada'. The Best Buy ticker symbol is (BBY) on the New York Stock Exchange.
What is 'open outcry' in futures trading?
An open outcry is a traders attempt to verbally shout either a buy or sell order.
- - - - -
Kind of.
In an Open Outcry system, which is mostly used on commodities exchanges, traders use hand signals to issue buy or sell orders. They scream, too, but the orders are actually placed through the use of hand signals. This is going away, to be replaced by electronic signaling systems. Some traders prefer open outcry; they know the other traders in the pit and how they trade, and by watching them you can tell what to do on an issue.
What is the ticker symbol for General Motors Corporation?
Previous Update
General Motors has emerged from bankruptcy and the new GM is no longer publicly traded. It is privately owned by various interests such as the US Government, the Canadian government, bond holders, and the Auto Workers Union. The old General Motors (GM then changed to GMGMQ) has been renamed and given a new ticker symbol. It is now known as Motors Liquidation Company MTLQQ. These shares represent most of the bad assets of General Motors and GM has said that even with the most optimistic of results little to no value will be associated with these shares.
MTLQQ continues to trade due to the fact that 'Short Sellers' had sold this stock without owning it. So at some point they must buy it back to replace the borrowed shares they did not own. Others are laying in wait for these buys happen and until they do, the stock will have some value. MTLQQ is a liquidation company so there could be some value left after the sale of assets but GM has publicly stated they expect little to no value to come from this process as a shareholder of the liquidation company itself.
What is commodity approach to the study of marketing Explai?
It si concerned with demand and supply.It is concerned with flow of a specific commodity from supplier to consumer.It establishes marketing system for each commodity .
What is jobber in stock exchange market?
a jobber's job is to buy or sell equity shares or commodity products for his clients with a great speed keeping tract with international market & also keeping an eye on domestic too.jobbers are responsible for the volume in an exchange.
Where might you find hard wood in Australia?
Most hardwood in Australia comes from eucalyptus trees such as Ironbark, Blackbutt, Redgum, Spotted gum etc. there are numerous forests of these trees along the eastern and southern seaboards, as well as Tasmania.
Jarrah is a hardwood grown only in the far southwest of Western Australia.
Is Ghana is a safe place to work?
Yes. The people are very kind! If you go to anybodies house, they would offer you some water or food.
What food product is a major commodity in Argentina?
It is significant for the individuals who truly need to create genuine gain and large sums really take a look at the connection in my CV as referenced above in light of the fact that it is totally free course...
What commodity provided the french with wealth from their colonies in North America?
what was the basis of the french economy in north america
What is the most profitable commodity in Africa after oil?
One of Africa's most valuable export is gold. Diamonds and other metals and minerals are the most valuable exports also.
What was used as commodity money by the American colonies?
POUNDS.
Actually a variety of currency was used. They did use pounds but they also used the Spanish piece of eight and other coins from different countries. They also adapted the native American "wampum". In 1690, the first paper currency was issued in Boston. These papers were called Bills of Credit.
Shillings, Sixpence, and Tuppence, too
Is oil as a commodity has elastic or inelastic demand?
Generally the price of petroleum is inelastic. The amount demanded does not decrease significantly with price. The fundamental reason is that our infrastructure is dependent on petroleum and we can not easily switch to another fuel source without significant upheaval in our infrastructure.
For example, when petroleum prices rise people reduce the amount the drive but the can rarely eliminate it.
What must be true in order for a good to be considered for sale in the commodity market?
It's in a raw state and uniform across all producers...................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
It's in a raw state and uniform across all producers.
How did money become the medium of exchange?
Because of its universal acceptance.
Barter--exchanging goods or services for other goods or services--existed before money and it's still used. There are a couple problems with it...the first is the person who has what you need might not need what you have. If you're a barber who needs scissors, you might have to trade haircuts to ten people for potatoes. You'd then trade the potatoes for hams, the hams for beer and then the beer for scissors. You'd have to hire a secretary just to trade all the stuff people gave you for haircuts. The other problem is fractional worth. You make wagon wheels. A wagon wheel is worth more than a haircut, and you can't trade part of a wagon wheel for anything--they only work when intact. To get a haircut you must first sell a wheel for a barrel of crackers, which you can then use to buy haircuts, grease or whatever you need.
Money is better than barter first because everyone accepts it in trade for their wares, and second because you can make change for it. If you sell a wagon wheel for $10, and a haircut costs a quarter, you can take one dollar to the barber, get your hair cut and receive three quarters in change.
Which accurately explains the difference between the stock market and the commodity market?
ownership in companies is traded in the stock market while ownership of raw, unprocessed goods is traded in the commodity market. APEX