# What does this Nifty data means ?

#### sumantra

##### Active Member
What does this Nifty50 indices data means ? Spot nifty is not tradeable, so what these spot data signifies ?

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#### travi

##### Well-Known Member
When nifty 50 value is weighted average of 50 stocks, then why cant total volume of 50 stocks traded in a day be the total volume of nifty?

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#### sumantra

##### Active Member
When nifty 50 value is weighted average of 50 stocks, then why cant total volume of 50 stocks traded in a day be the total volume of nifty?

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Are you sure ?

#### travi

##### Well-Known Member
Are you sure ?
Since you mentioned N50 spot cannot be tradeable,
Can you explain how does it have O H L C in the first place?

#### sumantra

##### Active Member
Since you mentioned N50 spot cannot be tradeable,
Can you explain how does it have O H L C in the first place?
Unable to understand ,i came to know about a chart pattern called OHLC, what does you mean about "OHLC in first place " ?

#### travi

##### Well-Known Member
Unable to understand ,i came to know about a chart pattern called OHLC, what does you mean about "OHLC in first place " ?
in the same image you posted, there is Open High Low and close values. If you cant trade spot, then where did they come from ?

#### mohan.sic

##### Well-Known Member
When nifty 50 value is weighted average of 50 stocks, then why cant total volume of 50 stocks traded in a day be the total volume of nifty?

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It cant be like that. Nifty 50 spot value is just a theoretical value calculated from actual price movements of underlying stocks.
But when you bring volume into picture, it means it should actually be traded. Volume count begins only when it is actually traded. Right ?

When Nifty spot is moving, it's not moving because its bought/sold. its movement is only representation of 50 stocks combined as a group.

#### travi

##### Well-Known Member
It cant be like that. Nifty 50 spot value is just a theoretical value calculated from actual price movements of underlying stocks.
But when you bring volume into picture, it means it should actually be traded. Volume count begins only when it is actually traded. Right ?

When Nifty spot is moving, it's not moving because its bought/sold. its movement is only representation of 50 stocks combined as a group.
still waiting for an answer, hope you found it ???

#### sumantra

##### Active Member
What does these nifty data means ? What is the significance of these trade data ?

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