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WHAT IS MARKET INDEX? DIFFERENT INDEX THAT THE INVESTOR SHOULD FOLLOW WHILE INVESTING IN INDIA AND ITS RELEVANCE?

The values of this grouped stocks are used to calculate the value of the index (typically a weighted average). Any change in the price of the stocks leads to a change in the index value. An index is thus indicative of the changes in the market and used by investors and financial managers to describe the market and to compare the return on specific investments.