Recommended Articles
Nifty, also known as the Nifty 50, is a stock market index in India. It represents the weighted average of the top 50 actively traded companies listed on the National Stock Exchange (NSE). Nifty serves as a benchmark for the overall performance of the Indian stock market and is widely used by investors to gauge market trends and make investment decisions.
- 11m
- •
- 1,043
- •
- 25 Jul 2023
Futures and options (F&O) are derivatives contracts whose value depends on the underlying assets. Futures contracts are agreements to buy or sell an asset at a predetermined price and date. On the other hand, options provide the right but not the obligation to buy or sell an asset within a specified timeframe. Futures and options play pivotal roles in share markets. They allow traders to engage in trading while managing market risks actively.
- 20 min read
- •
- 1,085
- •
- 24 Jul 2023
Central KYC is a centralized repository system that stores customer identity and address details, simplifying the KYC process for customers and promoting efficiency for financial institutions.
Benefits include time and cost savings for customers, as they don't need to submit KYC documents repeatedly, and uniformity in KYC norms for easier access to financial services.
- 4 min read
- •
- 1,076
- •
- 17 Jul 2023
NFOs allow you to participate in a new mutual fund scheme during its initial phase. While they offer unique investment avenues and potential benefits, investors must carefully evaluate the investment objective, fund manager expertise, costs, and risks associated with the NFO before investing.
- 4 min read
- •
- 1,012
- •
- 14 Jul 2023
Enjoy ₹0 Brokerage for first 30 days
Open Your Demat Account Now