THE SENSEX AND NIFTY SETTLED DOWN: THE CURRENT SCENARIO AND THE BASICS,

The indices of Equity Benchmark, Sensex and Nifty took a short break from the market today, it ended marginally lower in the profit taking. In an unexpected and sudden trade, the 30-share BSE Sensex fell down by 0.09% and was closed at 82,890.94 and during the day it dived to 82,653.22.

The NSE Nifty dropped by 0.13% to 25,356.50. The biggest loser in the Sensex pack was found to be Adani Ports, it is declined by 1.37%, followed by ITC, Bharti Airtel, Maruti, Asian Paints,

Sun Pharma, Power Grid, Hindustan Unilever and Larsen and Toubro.

About NSE and BSE

The NSE, National stock exchange and BSE, Bombay Stock Exchange located in Mumbai are one of the most famous locations, where NSE upholds the position of biggest stock exchange, BSE holds the tag of oldest stock exchange, the market indices of BSE and NSE are Sensex and Nifty respectively.

Stock Market and Stock Exchange

Stock market represents the companies who list equity exchanges to have public investors and stock exchange is the infrastructure in which the equity shares of these companies are traded.

BSE vs NSE

The year in which BSE was established in 1875 and NSE was established in the year 1992, NSE contains a more than 2,000 companies, whereas BSE contains more than 5096 companies, if you have an overview of these two from the World’s perspective BSE has 10th rank and NSE upholds the 15th rank, the indices in BSE are BSE Sensex, BSE Mid Cap, BSE Small Cap, BSE 100, whereas NSE contains CNX Nifty, CNX Nifty Jr and CNX 500.

 As a beginner, where should one invest?

A beginner will usually earn more benefit by investing in a BSE Stock, and then after they gain experience, they can move to the NSE, it’s better to invest in the new companies at BSE, however, day traders who are looking out for derivatives, options and future can try NSE.

Can one transfer shares from BSE to NSE?

Yes, one can easily transfer the shares from BSE to NSE or from NSE to BSE. One can buy from one exchange and sell the same in the other one, but for the same one has to get the delivery of those shares in your Demat account.

 Can one buy a share under 100?

One can buy a share in the stock market, just by finalizing the priorities and then selecting the share which has a stock price of 100 or less than that, and then clicking on the option ‘buy’ to invest in that particular share.