DOW JONES is an index which belongs to United States. It consists of 30 large companies listed on United States stock exchange, whereas if we talk about NIFTY it consists of 50 large companies listed on Indian stock exchange. There are four categories of companies that are listed on any exchange. the top preforming are called as large caps companies then comes the midcaps companies after that comes the small cap companies at last comes the pennies known as penny stocks.
Lets cover up the domestic part first, friends in India large cap companies are companies with a market capitalization of (more than 20000 crore or 10 billion$),whereas midcaps has market capitalization of (15000-20000 crore or 10 billion $) , then comes the small cap with market capitalization (5000 crore 10000 crore or (300million $ to 2 billion $), at last comes the pennies with undefined specific market cap. The strongest hooks in the race belong to large cap companies. The first preference of hint and investors is large cap companies. NIFTY market capitalization is whooping US $2.27 trillion (April 2018.NSE indices is operator of nifty 50
DOW JONES is the oldest exchange across the globe started in 1896.When it started it only has 12 industrial stocks in it. It will be kind of untruth but it’s a fact that this index was founded by two journalist Charles down & Edward jones. currently as per the estimate the market capitalization of DJI (dow jones index) is whooping $8.33 trillion (dec2019).
The Dow Jones all-time high of 29,551.42 was reached on Feb. 12, 2020 a result of the bull market. Whereas on negative side the DJI suffered biggest cumulative loss during the great depression crisis, it is said that at this period of time DJI lost 90 % of its value, if we get to approximate years then are between 1929 – 1932.
DOW JONES VS NIFTY(ECONOMIC PLAYS ) !!!! MOVE BY MOVE 1
NIFTY on the other hand started 3 November 1995 and established in year 1996.Lifetime high of nifty is 12311.on the negative side was in 2008 where nifty lost a lot of value due to recession.