NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes
Page 12 Of 102
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Nifty Index: Represents 50 large-cap stocks on the National Stock Exchange.
Sensex: Comprises 30 major stocks on the Bombay Stock Exchange.
Impact Cost: Cost of executing a trade due to price movement caused by the order.
Liquidity: Ability to execute large orders without significant price impact.
Index Committee: Specialized group deciding inclusion/exclusion of securities in an index.
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