Today we are going to know about the Stock Market of India. The Stock Market of India is considered in the top 10 stock market lists in the world with a total market capitalization of 3.21 Trillion Dollars. The stock market is also contributing to India's economy.
Stock Exchanges of India
One is BSC ( Bombay Stock Exchange). Its headquarter is in Mumbai and the other is NSC ( National Stock Exchange). It is also located in Mumbai. There is a basic index in both the stock exchanges. The basic indexes of BSC are Sensex and NSC is Nifty. In the Stock Market, there are various shares of the companies which are doing business in India, and not only companies' shares, but the shares of banks in India are also in the stock market.
There are signs which denote whether the stock market is going well or not. The green sign indicates that the stock market is going up and the red sign is the signal of the stock market going low. There are also the stockbrokers in the market who gives shares at the best price to the customers and get their profits.
The priority in investing in the stock market is that you have full knowledge of the market because if we do not know what is going on in the market then we can’t understand the stock market.
We have to invest safely in the market, checking every company’s Stock and its history are also that of the past. The stock market has been updating from time to time. In the past time if we are investing in the market then we have to go into the market physically and invest in them.
But now various stock market apps help us to invest in the market online. It is Grow App, Kuvera, and Coinswitch Kuber app which has recently come in a few years. These apps help the customer to know which stock price is best to buy and it is also saving them time and money for the customers.
Scams in Stock Market
Some scams happen in the stock market. One of the biggest scams is the Harshad Mehta scam 1992 which has been popular in recent days for the web series of scam 1992. Ketan Parekh scam 2001 is also a big scam in the history of the stock market. The stock market capitalization is bigger than India’s GDP which is 2.8 Trillion Dollars.
The stock market is at its peak with 60,000 Sensex points and 18,000 points of nifty which is the higher in 30 years. It was never expected that the stock market would reach such heights in these years. There are situations when the market gets crashed and the Sensex and nifty come down.
There are various reasons for the market crashes. War is one of the reasons for the market crashes which we see in the Russia-Ukraine war when our Indian stock market goes down because of the war.
Conclusion
In the words of the market, there are two types of paper. One is a bull and the other is a bear. The Bull is those people which take the market in the upper and the bear is those who take the market in the lower. There is a major rivalry between these two people who are going to rule the market.
The big bull in India is Rakesh Jhunjhunwala who is also one of the Billionaires in India with a total net worth of 2.1 Billion Dollars. At a time in the stock market Harshad Mehta was considered a Big Bull and no one could beat him in the stock market. The stock market is like a game in which you have to play slowly and safely and wait for the right turn in which you can choose your next move.
The stock market and its principles should be followed while investing in the market. The stock market gives us the experience and knowledge about the field of the market which has a value which we give to those people or companies which like to invest in the market.
Written By- Saurav Sharma
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