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Nifty PSU Bank FAQs

What is an index?

An index is a group of a specific type of securities. They can be stocks, derivatives, or other financial instruments. The index represents as well as tracks the performance of the asset class or the market segment.

What are indices used for?

Indices are used to track the performance of a group of securities. Indices show the overall performance of an asset class or market sector.

How many indices are listed on the NSE?

There are over 350 indices listed on the National Stock Exchange (NSE).

How many indices are listed on the BSE?

There are over 50 indices listed on BSE.

Which is the largest Indian index?

The Nifty 50 is the largest Indian index. It is one of the most actively traded indices in the world.

Which are the oldest indices in India?

Sensex and Nifty 50 are the two oldest indices in India.

What are the two major indices in India?

The Sensex and the Nifty 50 are the two major indices in India.

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