
Readings between 55 & 80 indicate Bullish condition. Readings above 80 indicate a security is overbought. Time period generally considered is 20 days. It shows the location of the close relative to the high-low range over a set number of periods. If the MACD is below 0 and crosses below the signal line it is considered to be a bearish signal. If the MACD is above 0 and crosses above the signal line it is considered to be a bullish signal. The 26 day EMA subtracted from the 12 day EMA alongwith the 9 day EMA which is the "signal line", together give buy/sell signals. For calculation three moving averages are taken which are 9 day EMA, 12 day EMA & 26 day EMA. Stands for Moving Average Convergence Divergence.It is a trend following momentum indicator. RSI reading greater than 75 is interpreted as an overbought. RSI between 45 & 55 is interpreted as a neutral condition.RSI between 55 & 75 is interpreted as a bullish condition. RSI between 25 & 45 is interpreted as a bearish condition. RSI reading below 25 is interpreted as oversold. It is a momentum indicator used to identify overbought or oversold condition in the stock.Time period generally considered is 14 days. ĭriven by the COVID-19 pandemic after WHO declared it a pandemic.Unlocking opportunities in Metal and Mining ĭriven by the Union Budget FY 2020 and coronavirus pandemic which saw global breakdown a day before the budget.

Panic Fall, due to Oil price Increase and rupee fall against US Dollar.ĭue to Multiple PSU Bank Merger Announcements. ĭriven by the 2018 Union budget of India and Global breakdown. ĭriven by the Demonetization move by the Indian Government and the 2016 US Election Results. ĭriven by the meltdown in the Chinese Stock market. Crashes also occurred in Thailand, Indonesia, South Korea and Philippines.ĭue to depreciation of the Indian rupee. Investors deserted emerging Asian shares during the Asian Financial Crisis.
Bank nifty full#
The index was initially calculated on a full market capitalisation methodology.
Bank nifty free#
The NIFTY 50 index is a free float market capitalisation weighted index. The NIFTY 50 Index gives a weightage of 39.47% to financial services, 15.31% to Energy, 13.01% to IT, 12.38% to consumer goods, 6.11% to Automobiles and 0% to the agricultural sector. Between 2008 & 2012, the NIFTY 50 index's share of NSE's market capitalisation fell from 65% to 29% due to the rise of sectoral indices like NIFTY Bank, NIFTY IT, NIFTY Pharma, NIFTY SERV SECTOR, NIFTY Next 50, etc. The NIFTY 50 index covers 13 sectors (as on 30 April 2021) of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. WFE, IOM and FIA surveys endorse NSE's leadership position. NIFTY 50 is the world's most actively traded contract.

The NIFTY 50 index has shaped up to be the largest single financial product in India, with an ecosystem consisting of exchange-traded funds (onshore and offshore), exchange-traded options at NSE, and futures and options abroad at the SGX. The Nifty 50 index was launched on 22 April 1996, and is one of the many stock indices of Nifty. NSE Indices had a marketing and licensing agreement with Standard & Poor's for co-branding equity indices until 2013. Nifty 50 is owned and managed by NSE Indices (previously known as India Index Services & Products Limited), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. It is one of the two main stock indices used in India, the other being the BSE SENSEX. The NIFTY 50 is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. Performance of the NIFTY 50 index between 19
