• SENSEX 79,392.18
    -942.63 (--1.17%)
  • BANKNIFTY 54,365.65
    -245.25 (--0.45%)

Glossary

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Z
  • Zero Coupon Bond This is a kind of debt instrument that does not carry any interest or coupon attached to it. Rather it is sold at a heavy discount to the face value and provides a capital appreciation to the investor at the time of redemption. The difference between the discounted price and the maturity value represents the gain to the investor.