Investing 101

What is Dow Jones Industrial Average?

The 'Dow Jones Industrial Average' or DJIA is one of the most popular and 2nd oldest stock market index. It includes 30 major blue chip stocks corporate players like Coca-Cola, Apple, Disney among the many others, in the stock market and acts as proxy for the rest of the companies. It was coined by Charles Dow in 1896 as the price weighted average of few selected stocks on New York
Investing 101

What is Stock Market Index?

Stock Market Index or Stock Index is defined as the computed numerical value for the stock market for a particular section or segment of the market. Stock Index is a representation of the stock market for the set of securities from a particular market only. Various stock market indices have their own different computational methodology and are defined for a specific market segment. Hence, the relative percentage change is always