📚 Key Stock Market Facts India 2026
Nifty 50 Launch Year1996 (NSE)
Sensex Launch Year1986 (BSE, base year 1978-79)
SEBI Established1992 (statutory body)
LTCG Tax (Equity)12.5% above ₹1.25 lakh (2024 Budget)
STCG Tax (Equity)20% (revised 2024 Budget)
T+1 SettlementIndia moved to T+1 from Jan 2023
Minimum SIP Amount₹100/month (SEBI 2023 mandate)
Circuit Breaker Limits10%, 15%, 20% — halt trading 45min, 1h45min, rest of day
Demat Account ProviderCDSL and NSDL (depositories)
India Market Cap 2026~$4.5 Trillion (4th largest globally)
Stock Market Quiz India 2026 — Free MCQ Test for Investors and Exam Aspirants
SuccessMate's Stock Market Quiz is India's most comprehensive free investing knowledge test, covering 8 major categories with 80+ carefully verified MCQ questions across all difficulty levels. Whether you are a beginner investor who just opened a Demat account and wants to understand Nifty, Sensex, and mutual funds, an intermediate investor learning technical analysis and fundamental analysis, or an advanced trader studying options strategies and SEBI regulations — this quiz has questions at your level.
The quiz covers: Stock Market Basics (Nifty/Sensex, BSE/NSE, how stocks work, bull/bear markets, indices, circuit breakers, settlement cycles); Mutual Funds (NAV, SIP, lump sum, ELSS, debt funds, equity funds, expense ratio, exit load, SWP, AUM); IPO (book building, Grey Market Premium, anchor investors, price band, oversubscription, allotment); Technical Analysis (candlestick patterns, moving averages, RSI, MACD, support/resistance, volume); Fundamental Analysis (P/E ratio, EPS, ROE, ROCE, debt-to-equity, dividend yield, book value); SEBI and Regulations (Insider trading, SEBI Act, Takeover Code, LODR, circuit filters, trading hours); Options and Derivatives (call/put, premium, strike price, ITM/ATM/OTM, hedging, F&O lot size, PCR).
Each question includes a detailed explanation after answering. Score tracking, streak system, difficulty progression, and category-wise performance are all tracked within your session. This quiz is ideal for NISM certification preparation (NISM Series V-A, VIII, X-A), NCFM exams, CFP preparation, SSC/banking exam economy section, and self-assessment for retail investors at any level. 100% free, no login, works on Android and iPhone.
FAQ — Stock Market Quiz India 2026
What topics are covered in this Stock Market Quiz? ▾
8 categories: Stock Market Basics (Nifty, Sensex, BSE, NSE, how trading works), Mutual Funds (SIP, NAV, ELSS, expense ratio), IPO (book building, GMP, allotment), Technical Analysis (candlestick, RSI, MACD, moving averages), Fundamental Analysis (P/E ratio, EPS, ROE, debt-to-equity), SEBI and Regulations (insider trading, circuit breakers, LODR), Options and Derivatives (call/put, strike price, premium), and Current Affairs 2026.
Is this quiz useful for NISM certification? ▾
Yes — particularly useful for NISM Series V-A (Mutual Fund Distributors), NISM Series VIII (Equity Derivatives), and NISM Series X-A (Investment Adviser Level 1). Questions in the Mutual Funds, Options/Derivatives, and SEBI/Regulations categories directly cover NISM syllabus topics. Use Hard difficulty mode for NISM-level questions. The quiz covers all fundamental concepts tested in NISM certification exams.
What is the difference between NSE and BSE? ▾
NSE (National Stock Exchange) was established in 1994, headquartered in Mumbai. It hosts the Nifty 50 index and is India's largest stock exchange by trading volume. BSE (Bombay Stock Exchange) was established in 1875 — Asia's oldest stock exchange. It hosts the Sensex (30 blue-chip stocks). Both operate Monday-Friday 9:15 AM to 3:30 PM IST. NSE has higher daily trading volume; BSE has more listed companies (over 5,000 vs NSE's ~2,000).
What is NAV in mutual funds? ▾
NAV (Net Asset Value) is the per-unit price of a mutual fund — calculated as (Total Assets - Total Liabilities) / Number of Units Outstanding. NAV is calculated daily after market close. A lower NAV does not mean a fund is cheaper or better — it simply reflects the history of returns since inception. Comparing NAV between two funds is meaningless; compare CAGR returns over 1, 3, 5 year periods instead.
What is the LTCG tax rate on equity in India 2026? ▾
After the 2024 Union Budget changes: Long Term Capital Gains (LTCG) on equity/equity mutual funds held more than 1 year: 12.5% (raised from 10%) on gains above ₹1.25 lakh/year (exemption raised from ₹1 lakh). Short Term Capital Gains (STCG) on equity held less than 1 year: 20% (raised from 15%). These revised rates apply from July 23, 2024 onwards. Debt mutual funds are taxed as per income tax slab regardless of holding period (removed indexation benefit from April 2023).
What is a P/E ratio and how to use it? ▾
P/E (Price-to-Earnings) ratio = Market Price per share / Earnings Per Share (EPS). It tells you how much you pay for every ₹1 of company earnings. High P/E (30+) means market expects high future growth. Low P/E (below 15) may indicate undervaluation or slow growth. Compare P/E within the same sector — different sectors have naturally different P/E ranges. Nifty 50 historical average P/E is around 20-22. Below 16-18 is considered cheap; above 24-26 is considered expensive on historical standards.
What is an IPO Grey Market Premium (GMP)? ▾
Grey Market Premium (GMP) is the unofficial premium at which IPO shares trade in the grey market before listing on the stock exchange. Example: If IPO price is ₹100 and GMP is ₹50, shares are expected to list at around ₹150. GMP reflects market sentiment and demand for the IPO. However, GMP is not regulated, not reliable for investment decisions, and can change dramatically in the days before listing. High GMP attracts oversubscription which may reduce allotment probability.
What is options trading — call and put? ▾
A Call Option gives the buyer the RIGHT (not obligation) to BUY a stock/index at a fixed Strike Price before expiry. Profitable when market rises. A Put Option gives the buyer the RIGHT to SELL at a fixed Strike Price. Profitable when market falls. Option buyers pay a Premium — this is the maximum loss. ITM (In-the-Money): option has intrinsic value. ATM (At-the-Money): strike = current price. OTM (Out-of-the-Money): no intrinsic value yet. In India, weekly Nifty/BankNifty options expire every Thursday.