THE CRA PERSPECTIVE Index Trading for the Global Trader Understanding Global Indices, Market Breadth, Volatility, Futures, Options & Risk Management One market view can represent hundreds of companies, multiple sectors and an entire economic narrative. “An index is more than a number on a screen. It is a constantly changing picture of collective expectations.” When traders look at an index such as the NIFTY 50, S&P 500, NASDAQ-100, Dow Jones Industrial Average, DAX or Nikkei 225, they are not simply looking at one company. An index represents a basket or methodology designed to measure a particular segment of a market. Its movement can therefore reflect changes in corporate earnings expectations, interest rates, economic data, investor sentiment, sector performance and global risk appetite. That makes index trading fundamentally different from trading a single stock. ONE INDEX. MANY COMPANIES • MANY SECTORS • MANY EXPECTATIONS ...
Fatehpur Sikri is a town in the Agra District of Uttar Pradesh, India. The city was founded in 1569 by the Mughal Emperor Akbar, and served as the capital of the Mughal Empire from 1571 to 1585, when it was abandoned. After his military victories over Chittor and Ranthambore, Akbar decided to shift his capital from Agra to a new location 23 miles (37 km) west south-west, to honour the Sufi saint Salim Chishti. Here, he commenced the construction of a planned walled city, which took the next fifteen years in planning and construction, with a series of royal palaces, harem, courts, a mosque, private quarters and other utility buildings. He named the city Fatehabad, with Fateh, a word of Arabic origin in Persian, meaning "victorious." It was later called Fatehpur Sikri. It is at Fatehpur Sikri that the legends of Akbar and his famed courtiers, the nine jewels or Navaratnas, were born. Fatehpur Sikri is one of the best preserved examples of Mughal architecture in India. Ac...