What do you mean by CNX index?
I'm trying to understand what the CNX index represents. Could you please explain what it stands for and its significance in the financial market?
What is the CNX index?
The CNX index refers to an index that measures and tracks the performance of stocks listed on the Indian stock exchanges, specifically related to the Nifty 50 index which represents the top 50 companies by market capitalization. It is a benchmark for investors and analysts to understand the overall market trends and volatility in the Indian equity market.