Which is better to trade and why? What are the pros and cons?
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I feel Nifty is better to trade, reasons being:
NIFTY is a comprehensive package of different companies, sectors, also banks.
BANKNIFTY is purely Bank Index (only banks are there)
NIFTY is very old, in the sense, NIFTY started much before BANKNIFTY.
NIFTY is very stable, it moves like a elephant, very royal in it’s movement. (No sudden jerks)
BANKNIFTY is vulnerable to sudden movements.
Volume is very high in NIFTY as compared to BANKNIFTY, so NIFTY is very liquid.
And best of all, you need less money to buy NIFTY as compared to BANKNIFTY.
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