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The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 million.
Chart of S&P BSE SENSEX monthly data from January 1991 to May 2013. The following is a timeline on the rise of the SENSEX through Indian stock market history. 1000, 25 July 1990 – On 25 July 1990, the SENSEX touched the four-digit figure for the first time and closed at 1,001 in the wake of a good monsoon and excellent corporate results.
Calcutta Time was one of the two official time zones established in British India in 1884. It was established during the International Meridian Conference held at Washington, D.C. in the United States. It was decided that India had two time zones: Calcutta (now Kolkata) would use the 90th meridian east and Bombay (now Mumbai) the 75th meridian ...
Stocks are surging higher with the S&P 500 nearing 5,000 for the first time. To explain the rise, we recently asked some top Wall Street strategists to contribute to the latest edition of the ...
The stock markets in India continued to fall in 2016. By 16 February 2016, the BSE had seen a fall of 26% over the past eleven months, losing 1607 points in four consecutive days of February. The reasons given for this included NPAs of Indian banks, "global weaknesses" and "global factors".
The Indian Standard Time was adopted on 1 January 1906 during the British era with the phasing out of its precursor Madras Time (Railway Time), [2] and after Independence in 1947, the Union government established IST as the official time for the whole country, although Kolkata and Mumbai retained their own local time (known as Calcutta Time and Bombay Time) until 1948 and 1955, respectively. [3]
National Stock Exchange of India; Type: Stock exchange: Location: Mumbai, Maharashtra, India: Founded: 27th November 1992: Owner: Various group of domestic and global financial institutions, public and privately owned entities and individuals [1] Key people: Ashishkumar Chauhan (MD & CEO) Currency: Indian rupee (₹) No. of listings: 2,671 (Dec ...
India exports more than 100,000 tonnes (98,000 long tons; 110,000 short tons) of processed cashew kernels every year. There are more than 600 cashew processing units in Kollam alone. [208] India is the largest producer of milk, jute and pulses, and has the world's largest cattle population with 303 million animals in 2023. [209]