(1) Cash market
Sensex means :BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted index composed of 30 stocks with the base April 1984 = 100.
The S&P CNX Nifty, or simply Nifty means the a value-weighted index composed of 50 companies representing 24 sectors of the economy on the National Stock Exchange
Now a beginner should pick up any stock from Sensex or Nifty but on decline so that he/she can get maximum benefit.
Remember investing with limited funds.
As per example if I have 50,000 Rs spared for investment than I should start with Rs.5,000 Or say Rs.10,000 only.
Buy this A group stock with limited quantity and now you have to watch this stock price on daily or regular basis. If it is giving 20/25% returns in 1 /2 months, Book Profit. Investor who brings Profits to home is the Smartest investor.
Otherwise as per example :
(1) Infosys was quoting 1400 in 2005 & gone to 2300 in 2007,If one hasn’t sell it on Rise. See price went to 1040 in 2008 & now quoting @1400.
(2) Tata Steel price range from 300 to 925 & from 925 to 150 ,now quoting @260
So with periodic rise book profits & buy at deeps should be good strategy for Beginners.