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Nasdaq

NASDAQ

₹17383.506

196.78 (1.14%)

As on July 26, 2024 at 11:33 PM

NASDAQ Performance

17,244.99

17,459.57

17,336.90

About NASDAQ

NASDAQ is an international electronic marketplace where securities can be purchased and sold. Originally an acronym for the National Association of Securities Dealers Automated Quotations, it was launched after the Securities and Exchange Commission (SEC) urged the National Association of Securities Dealers ((NASD) to automate the non-exchange-listed securities market. The first electronic trading system was the outcome. 

In the US and Europe, NASDAQ runs five central securities depositories, one clearinghouse, and 29 markets. It is home to many of the world's technology giants, such as Apple (AAPL) and Microsoft (MSFT). NASDAQ futures, launched on June 21, 1999, enable investors to hedge or speculate on the future value of various NASDAQ market index components.

History of NASDAQ 

  • In 2006, NASDAQ officially separated from the NASD and began its national securities exchange operations.
  • 2008: NASDAQ combined with the Scandinavian exchanges group OMX to become the NASDAQ OMX Group.
  • 2015: The company changed its name to NASDAQ Inc.

Market Tiers of NASDAQ

Since 2006, NASDAQ has consisted of three tiers:

  1. NASDAQ Global Select Market
  2. NASDAQ Global Market
  3. NASDAQ Capital Market

How is the NASDAQ Calculated?

The NASDAQ index is calculated by the following steps below: 

  1. Share Weights and Prices: It is calculated by taking the total value of the share weights of all the stocks in the stock market and multiplied by the closing price of the securities.
  2. Index Divisor: This total value is then divided by an index divisor, a proprietary figure adjusted for stock splits, dividends, and other corporate actions, to arrive at a figure suitable for reporting.

The NASDAQ Composite is the primary index used on the NASDAQ exchange. It is one of the most widely followed indices in the world, alongside the S&P 500 and the Dow Jones Industrial Average (DJIA).

The NASDAQ Composite

Within the NASDAQ Composite, there is the NASDAQ 100, a market-value-weighted index of the top 100 non-financial stocks on the NASDAQ. The NASDAQ 100 drives 90% of the movement in the NASDAQ Composite. 

Investors are watching the Nasdaq Index today to watch the direction of the market for informed decisions. You can easily check the NASDAQ index live online for making wise market trends. 

Faqs on NASDAQ

Nasdaq trading hours are from 9:30 am to 4:00 pm Eastern Time, Monday through Friday. Investors can also participate in pre-market and after-hours trading sessions.

The National Stock Exchange (NSE) of India primarily lists Indian companies, whereas Nasdaq, based in the United States, focuses on technology and growth-oriented companies from around the world.

The Dow Jones Industrial Average (Dow) tracks 30 large, established US companies, while Nasdaq lists a broader range of companies, with a focus on technology and growth-oriented firms.

The Nasdaq Composite Index is a market-capitalization-weighted index that includes all companies listed on the Nasdaq exchange, providing a broad view of the market's performance.

While the Nifty index representing the NSE of India is not directly dependent on Nasdaq, global market trends, including those from Nasdaq, can influence investor sentiment and impact the performance of Indian stocks and indices like Nifty.

No, shares listed on different exchanges, such as the Bombay Stock Exchange (BSE) and Nasdaq, cannot be directly interchanged. They must be bought and sold separately through brokers with access to those specific markets.

Companies must meet specific financial and regulatory requirements, including minimum public float, total assets, shareholders' equity, and SEC registration, to list their securities on Nasdaq.

Indian investors can invest in Nasdaq-listed stocks through mutual funds that offer exposure to US markets or by directly investing through brokers with access to the Nasdaq exchange.

Nasdaq hosts some of the largest and most influential technology companies globally, contributing to shaping the technology landscape and driving economic growth through its focus on innovation and high-tech firms.

The Nasdaq Composite Index provides investors with a comprehensive view of the performance of the Nasdaq exchange, particularly highlighting the performance of technology and growth-oriented companies.