7 Fun facts about Indian stock market
1. Bombay stock exchange (BSE)is the biggest stock exchange in the world in terms of the number of listed companies on an exchange. BSC has over 5,500 listed companies
2. BSC is the oldest stock exchange in Asia. It was established in 1875.
3. The participation of the common people in Indian share market is below a satisfactory level. Less than 2.5% population of India invest in the market.
4. When master blaster used to play international cricket, his dismissal adversely affected the Indian stock market
A study by economist Russell Smyth and Vinod Mishra of Monash university in Australia showed that the Nifty index was generally flat the day after India win match, but the day following a loss the index dropped by a average of 0.231% when Sachin tendulkar is on the losing side , the loss on the stock market is almost 20% more.
5. The costliest share in the Indian share market is MRF. It costs Rs69,290 to buy share of MRF.
6. There is total of 23 stock exchange in india. How many do you know apart BSC and NSE?
7. Nifty has given a return of 11.32 percent p.a. since its inception [till Nov 2017]:The base value of nifty was 1000 in 1995. Recently nifty crosses 10k mark and it is currently at 10,360 points.
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