There aren’t any criteria to determine whether or not the inventory of a company is blue chip inventory. The Dow Jones India Titans 30 Index is a price weighted average of 30 blue chip stocks in India. The term was first utilized in reference to stocks of excessive price. However the time period was first used to describe stocks within the early 1920’s. It was utilized by Oliver Gould of Dow Jones which is an American publishing and monetary data agency. Right now it is used in reference to high quality stocks. The corporate ought to also have high credit ratings in addition to diversified product lines. It should have a longtime observe record of stable earnings and may pay regular dividends to frequent inventory holders. It is a type of widespread stock. Blue chip share was simply that the inventory of a longtime company with a stable income.
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