Utility News Desk!!! Since the Corona period, there has been a huge jump in the participation of new investors in the Indian stock market. From retail investors to big investors, everyone invests their money in the Indian stock market. The biggest reason behind this is that while the entire world is in the grip of recession, the Indian economy is growing rapidly. Amidst all this, some Indian investors have started taking interest in foreign funds. When it comes to foreign funds, it stops at the S&P 500 and Nasdaq 100. If you are also thinking something like this then let us first know about these two.
What is S&P 500?
The S&P 500 is an American stock market index that tracks the 500 largest companies listed on stock exchanges in the United States. It is one of the most popular and widely followed stock market indices in the world and is considered a good barometer of the overall US stock market. The S&P 500 is the index with the largest number of companies. To balance this, this index is reviewed every three months so that the largest companies listed in the market are not left out of this index. That is why it is able to accurately represent the US market.
How much power is there in the Nasdaq 100?
Nasdaq 100 is also a stock market index in India like Nifty-50 and BSE-30. The Nasdaq tracks the 100 largest non-financial companies listed on the stock exchange. Most of the companies in this index are related to technology. Apart from this, companies from healthcare and consumer sectors also participate. Therefore, whenever you think of investing in any foreign fund, make sure in advance which index linked fund you are investing in.