Have you ever made a purchase based on a five-star review for shoes or clothing? You must have. Isn't that the way things go? People used to believe in advertisements and promotions and would buy things, but that isn't the case anymore, is it? We aren't yet ready to believe businesses when they claim to be excellent or capable of meeting our requirements. Today, we seek feedback from other users, observers, and reviewers on how effective it is. The market indices bring the same to light. Before they begin investing, people can compare the performances of securities using a market index, which is a statistical indicator.
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