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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Total return index

Market basics
Also called: Price index, Price return index

The same index basket computed with dividends reinvested, as against the price index, which excludes them.

In plain terms

Over weeks the difference is invisible; over a decade it is two different-looking charts. Any statement that “the index went nowhere” is being made on the series that throws the dividends away.

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Indian stock market glossary · Market Vidyalaya