In the context of the stock market, the term 'Nifty Fifty' refers to 50 stocks that were once highly favored by institutional investors, achieving immense popularity particularly during the bull markets of the 1960s and early 1970s. These stocks were considered premium holdings due to their strong growth potential and favorable market performance.
Stagflation refers to a period where an economy experiences stagnant growth while simultaneously facing high inflation. This economic anomaly challenges conventional economic theories which typically expect inflation to rise during periods of high economic growth or vice versa.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.