A stock index or stock market index is a measurement of the value of a section of the stock market. It is computed from the prices of selected stocks (typically a weighted average). It is a tool used by investors and financial managers to describe the market, and to compare the return on specific investments.
An index is a mathematical construct, so it may not be invested in directly. But many mutual funds and exchange-traded funds attempt to "track" an index (see index fund), and those funds that do not may be judged against those that do.
Types of indices
Stock market indices may be classed in many ways. A 'world' or 'global' stock market index includes (typically large) companies without regard for where they are domiciled or traded. Two examples are MSCI World and S&P Global 100.
A 'national' index represents the performance of the stock market of a given nation—and by proxy, reflects investor sentiment on the state of its economy. The most regularly quoted market indices are national indices composed of the stocks of large companies listed on a nation's largest stock exchanges, such as the American S&P 500, the Japanese Nikkei 225, and the British FTSE 100.
Stocks drifted lower on Wall Street on a down day for tech stocks ...The market regressed as Nvidia and other Big Tech stocks pulled back a bit from their dominating run ... https.//www.gwcommonwealth.com/how-major-us-stock-indexes-fared-wednesday-2282024.
In the broad market, the small-cap index tanked 1.94 percent while the ... The Prabhudas Lilladher expert went on to add that the 50-stock index has crucial support placed at the 21,750 to 21,800 level.
Shriram Finance share price rallied over 4% in early trade on Thursday as the stock will replace UPL in the Nifty 50 index with effect from March 28 ...500 index, with 34 stocks being added and removed.
In the broad market, the small-cap index tanked 1.94 percent while the mid-cap index crashed 1.82 percent.Stock market experts believe that Dalal Street's mood has turned cautious after the Nifty 50 index breached below the 22,000 level decisively.
Hong Kong’s Hang Seng index futures indicated a marginally higher open.Gift Nifty TodayGift Nifty was trading around 21,956 level, up more than 30 points from Nifty futures Wednesday close, indicating ...
Deepak Jasani, Head of Retail Research, HDFC Securities, said, “All three major US stock indexes finished lower on Wednesday, with investors focused on the possibility of a hot inflation reading Thursday morning before the bell.
We are aware that the 28.08 gains made by the composite index represented a remarkable turn-around after making a loss of 12.38 per cent in 2022. The Financial StockIndex, however, extended its 2022 losses of 4.61per cent to 7.36 per cent in 2023.