Fun facts about Indian Stock Market | 5 fun facts about stock market | interesting facts about stock market

# Fun Facts on Indian Stock Market

The stock market deals with buying and selling of the stocks. There are various markets in all over the world like NSE and BSE where the stocks, equity, bonds, FnO, securities and Mutual Funds can be bought. The word 'stock' came from a company owned by P. J. Stock and named as 'Stocks'.

• Fun Fact 1 :-

                 Bombay Stock Exchange (BSE) also known as the biggest stock exchange in terms of the number of companies listed. It has over 5000 companies listed on it.

• Fun Fact 2 :-

                   BSE is  also the oldest stock exchange in India started in 1875.

• Fun Fact 3 :-

                   When the Master blaster Sachin Tendulkar used to play International Cricket, his dismissal from the pitch adversely affected the Indian stock market that day.

                   A study by economists Vinod Mishra and Russell Smyth showed that when India wins a match, the Nifty Index is flat and when the India losses a match the Nifty Index falls by 0.23% but when Sachin Tendulkar walks off the pitch, the Nifty Index falls hugely by almost 20%.

• Fun Fact 4 :-

                  

                 The costliest share in the Indian stock market is MRF costing at 73,247.90 for 1 share on 20 Feb 2020, respectively.

• Fun Fact 5 :-

                   There are 23 stock exchanges in all over India. How much do you know apart from NSE and BSE let me know in the comments?

• Bonus Fact :-

                   In stock market we consider the month of October as Jinxed month as the two biggest market crashes are occurred in this month only. On black Tuesday in October 1929, Dow Jones fell around 25%. Whereas, on black Monday in October 1987, Dow Jones fell 22%.