Hi,
appreciate any input
I believe NIFTY 50 is a reflection of the 50 stocks performance at any time and each of the stocks in this 50 has a % contribution.
However, I see that when NIFTY 50 is going up or down , many other stocks go up and down together in a similar fashion
Does 50 stocks effect NIFTY50 or NIFTY50 effects many of the 50 stocks.
any expert opinion on this?
regards,
lokesh