NIFTY AND YOUR HEART BEAT-DECODED-CS ROHIT KUMAR
I am quite sure that most of you must have heard this name NIFTY or SENSEX whenever you read stock market-related news and few of you who invest in the stock market always keep your hear beat up and down with NIFTY up and down movement. And this is quite logical because after all, you have invested your hard-earned money into an unknown company.
But if you among those who have not invested even a single penny in the stock market then you you do not need to worry.
Having said that I would say people do get panic when NIFTY falls. They start linking it with poor economic performance but measuring economic conditions solely on the basis of NIFTY or SENSEX is not a wise thing to do.
What is NIFTY in the Stock Market?
It is just an Index of the top 50 companies share prices which are listed on the National Stock Exchange (NSE). In simple terms, NIFTY is made up of these 50 companies and whenever there is fluctuation even in single company share price NIFTY moves accordingly and the very next day such movement becomes the Headline of a newspaper. So, NIFTY is a barometer to check the financial health of India is a MYTH rather it just shows the health of 50 companies, that's it!
There are other lakhs of companies which are listed nowhere in India. They all can be unlisted public companies or private companies or family-owned company which are not interested at all to list their share on the Stock Exchange.
They also generate a mass amount of wealth and generate employment opportunities in India.
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