Share market basics
NSE's index of the largest and most liquid Indian banking stocks, and one of the most actively traded index derivatives in the country.
Bank Nifty, officially Nifty Bank, is an index made up of the largest and most liquid banking stocks listed on NSE, such as HDFC Bank, ICICI Bank, SBI and Axis Bank. It tracks how the banking sector as a whole is doing. You cannot buy an index directly, but you can trade Bank Nifty futures and options, and its options are among the most traded contracts in India. Because banks are sensitive to interest rates, RBI policy and credit news, Bank Nifty tends to move more sharply than Nifty 50 in a day. That attracts intraday traders and also causes fast losses. The lot size and expiry schedule for Bank Nifty derivatives have changed several times, so check NSE's current contract specifications before trading it. Many beginners meet Bank Nifty through options first, which is the riskiest place to start.
VideoA share is a portion of a company. The share market is where those portions change hands. Here is how it works, what you can trade in it, and why most people who trade actively lose money.
VideoThe share market runs on two activities that look alike and are nothing alike. Investing is owning a business for years. Trading is profiting from price moves over hours or weeks. Mixing them up is behind most early losses.
VideoTrading comes in a few distinct forms, and the one you pick decides how much time, capital and stress it takes. This lesson explains intraday, swing, positional, futures and options trading with Indian examples.
