Where the stock market seems interesting and is simultaneously filled with lots of mystery, only a few people understand how the stock market behaves while on a particular circumstance and an event. Generally, the Indian stock market is very volatile and gets affected depending on the happenings around the market. As India is a country full of festivals and lots of events happening around, it lays a huge impact on the Indian stock markets as well. Stock markets are considered to be very volatile, the Indian stock market gets affected depending on the happenings around the market. Also, India is a country with lots of festivals and events happening around, it lays a huge impact on the Indian stock market.
People who participate have to understand the volatility of the market. It is rather considered checking their respective fates. However, the Indian stock market has proved its significance in generating passive income over time.
However, the complex the Indian market looks, there are rather fun and interesting facts on the Indian stock market. It has been pointed as:
- The Most Costliest Share in Indian Stock Market
In the Indian stock market, the costliest share is MRF which costs around Rs 69,290 to buy 1 share of MRF.
- When Master Blaster Used to Play Cricket, His Dismissal Affected the Indian Stock Market.
It might sound crazy about how a player’s score and his dismissal affected the Indian stock market but indeed it is true. A study by economists Vinod Mishra and Russell Smyth of Monash University in Australia showed that the Nifty index was generally flat the day after India wins a match, but the day following a loss, the index dropped by an average of 0.231%. When Sachin Tendulkar is on the losing side, the loss on the stock market is almost 20% more.
- The Biggest Stock Exchange
The Bombay Stock Exchange (BSE) is the biggest stock exchange in the world in terms of the number of listed companies on an exchange. There are more than 5,500 listed companies in the Bombay Stock Exchange.
- Household Savings
In India, people are more inclined to investing money in gold, real estate and banks. Whereas, only 2 per cent out of 22124.14 INR billion household savings goes as investments into equities.
- Mumbai City Alone Bags 60% Turnover of Indian Stock Market
The stock market graph shows the percentage share in turnover where Mumbai city alone bags 60 per cent of the turnover in Indian Stock Market according to the data by BSE, NSE and MSEI. As most of the traders and investors actively participate in this area, the percentage share in turnover is significantly bagged from Mumbai.
- Terms ‘Bear’ and ‘Bull’
The terms ‘bear’ and ‘bull’ are originated from the way of their actions and their respective attacking by each animal. The ‘bull’ signifies the thrusting of horn up in the air while ‘bear’ swipes downwards. Historically, the middleman used to contemplate on the future price of the bearskins by trading them off which they yet had to receive from the tappers, with the belief that the price will drop. They used to call the middleman as bear jobbers which in short is “bears” which is known to describe the recession in the market. As bull was assumed to be opposite of the bear at that time so it was termed as the upward movement of the market.
- Seasonal Impacts on Markets
India is a country of festivals, occasions and seasons where the change in these lays the change in the Indian stock market as well. In a study carried out, the most awaited festival for which investors wait is assumed to be Diwali. Diwali is the festival of lights and is considered to be the most celebrated festival in India. While this festival is in the row, the market sees a treasury growth in the stocks.
- Indian Software Giant’s Market Capitalisation is more Than the Whole Company Listed in Karachi Stock Market.
The market capitalisation of Tata Consultancy, which is assumed to be the giant of the Indian software market, is more than the whole company listed in Karachi Stock Exchange. According to the statistics of Dec 2018, the market cap of TCS was Rs 6 lakh crore ($100 Bn) which is considered to be more than the GDP of 128 countries in this world. There are 559 stocks listed on Pakistan Stock Exchange which values $80 Bn and TCS alone was $100 Bn. It was reportedly, more than 25 per cent of all.
- Number of Demat Accounts
As per the SEBI bulletin of Nov. 2018, the total number of Demat in India is 3.38 lakh as on Sept 2018. Out of these total number of Demat accounts present, Mumbai bags the maximum number of Demat accounts and Gujrat holds second place in the same.
