NSE to launch 4 new indices in capital markets from April 8

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what is DMA (Direct Market Access)in the Indian share market?

What is DMA?

DMA, or Direct Market Access, is a service offered by stockbrokers that allows traders to place orders directly on the stock exchange’s order book. It eliminates the need for intermediaries, such as market makers or brokers, and provides traders with direct access to the market. This means that orders are executed faster and at potentially better prices.

How Does DMA Work in the Indian Share Market?

In the Indian share market, DMA is facilitated through the use of technology and trading platforms provided by stockbrokers. Traders can access the market through these platforms, which connect them directly to the stock exchange.

Benefits of DMA in the Indian Share Market

1. Speed and Efficiency: DMA enables faster order execution as orders are placed directly on the exchange’s order book. This can be particularly advantageous in volatile market conditions where every second counts.

Conclusion

DMA, or Direct Market Access, is a powerful tool that allows traders to directly access the stock exchange’s order book. In the Indian share market, DMA offers numerous benefits, including speed, transparency, control, lower costs, and access to real-time market data. By utilizing DMA, traders can enhance their trading experience and potentially improve their trading outcomes.

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The Nationwide Inventory Change (NSE) has on April 3 introduced the launch of 4 new indices efficient from April 8, in each the capital markets and Futures & Choices segments.
These 4 new indices are Nifty Tata Group 25 p.c Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare.

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“Consequently, the broadcast of the indices will be made available to F&O members in NEAT+ terminals under the multiple index inquiry screen,” NSE stated in a round.
Nifty MidSmall Healthcare
The Nifty MidSmall Healthcare index tracks the efficiency of midcap and small cap shares belonging to healthcare sector. The highest constituents of the index are Max Healthcare Institute, Lupin Restricted, and Aurobindo Pharma. The index has given returns of 21.33 p.c since inception.

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Nifty 500 Multicap India Manufacturing 50:30:20
The index goals to trace the efficiency of choose massive cap, mid cap and small cap shares from the Nifty 500 index that characterize the manufacturing theme. High constituents of the index are Reliance Industries, Solar Pharma, and Tata Motors. The index has given returns of 15.72 p.c since inception.
Nifty Tata Group 25 p.c Cap

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The index is designed to mirror efficiency of NSE listed corporations belonging to a specific company group. It has given returns of 17.34 p.c returns since inception. The highest three constituents of the index are TCS, Tata Motors, and Titan Firm.
Nifty500 Multicap Infrastructure 50:30:20
The index goals to trace the efficiency of choose massive cap, mid cap and small cap shares from the Nifty 500 index that represents the infrastructure theme. The highest constituents within the index are Larsen & Tourbo, Reliance Industries, and Bharti Airtel. The index has given returns of 15.81 p.c since inception.

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