Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / krushna chandra swain (guntha
an index is a device that measures changes in the prices of
a basket of shares, and represents the changes using a
single figure. The purpose is to give investors an easy way
to see the general direction of the market or shares in the
index. The FTSE 100, for example, is calculated by taking a
weighted average of the share prices of the largest 100
companies on the London Stock Exchange. Launched in 1984
with a base figure of 1000, the FTSE is calculated
continuously throughout the trading day. When the media
report that FTSE climbed 37 points today you dont know
exactly which shares in the index climbed and which fell,
but you get an immediate idea of the direction of the
market. Index funds base their investment decisions on
tracking the companies in a particular index.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What Is Corporate Or Business Banking?
Define Non Convertible Debentures?
What is the difference between Nationalized bank and Private Bank?
What is a normal distribution curve?
How is technology useful in banking sector?
Tell something about E- Choupal?
What is 'overdraft facility'?
Name the fully owned subsidiaries of rbi?
How successful is the Make in India initiative taken by the government?
While putting a business plan to a Venture Capitalist firm, how will an entrepreneur price his/her business idea
On what basis do banks offer loans?
What should I do if I do not have all the documents?
Why are you interested in investment banking?
Do you have any idea of IPR?
Are You Able To Work In A Computerized Environment And Spend Long Hours At The Computer?
