In India there are two major stock exchanges, Bombay Stock Exchange ( BSE) and National Stock Exchange ( NSE). The index of the BSE is called as Sensex and the index of NSE is called as Nifty. The difference between bse and nse is they both are different stock exchanges.
1) Sensex - It is popularly callled as BSE Sensex or BSE Sensitive Index. It comprises of 30 stocks which are listed in BSE.
2) Nifty - It is popularly called as NSE Nifty. It comprises of 50 stocks which are listed on the NSE.
The 30 stocks that are included in the Sensex, provide a sample of the entire market. To elaborate, the 30 stocks that are included are a sample. It represents the total effect of all the stocks that are listed in the BSE.
Similarly, Nifty Option Tips is the representation of all the stocks listed in the NSE. It comprises of 50 shares.The difference bewteen Sensex and Nifty is they are different indexes which measure the performance of the stock market.
To basically trade in Nifty one has to have great market knowledge. The index may rise or fall it is very hard to track it. Simple trader can not do it without help and for help you can look for internet websites, NSE indicators websites or any kind of stock advisory firm which will provide Nifty and stock tips. Many advisory are there in the market. If you have a support it is best for your profit sense.
Naive traders with little understanding of the market, can not understand the basic mechanics of future trading and get trapped in the market loosing a major part of their capital invested therefore Nifty Trading is supposed to be handled by matured traders only with good experience of both mechanical trading and other factors which affect the market trends. But in my opinion even a common trader can trade in Nifty. All it need the right preparation, consistence, patience and proper mental outloo