Stock

market comes under the secondary market, which is the part of capital market
market trade in stocks of companies which are listed at stock exchanges exchange plays the role of intermediary between buyer and seller

Stock

Stock

 There

are 23 stock exchanges in India

Chennai, Kolkata,

Bombay,

Delhi, Jaipur, Ahmadabad, Indore etc.

But

2 are major stock exchange

Bombay

Stock Exchange (BSE), National Stock Exchange (NSE)

 It

is the oldest stock exchange of Asia

one of the oldest stock exchange in the world

And It

was established in 1875

Its

first name was Native Share & Stock Broker Association

 Now
Its

it popularly known as BSE

index is SENSEX means Sensitive Index consist of 30 companies

SENSEX SENSEX RIL,

TCS, ONGC, Wipro, TATA Steel, RCOM, SAIL, BAJAJ AUTO and many more

 All

30 companies consist of there individual weightage

is calculated as per there M.Cap

Weightage

Market

capitalization means

Current market price of a share X No. of share issued by the company

 BSE

has its own trading screen i.e. BOLT

means BSE online trading

BOLT

30

companies of SENSEX are consist of 17 sectors

 It

is youngest stock exchange of India

It

was estbl. In 1992 by financial institute and IDBI Bank as a nodal agency was first to start screen base trading (3rd Nov. 1994)

NSE

 NSE

has also its own trading screen i.e. NEAT mean National Automated Trading Exchange of

NEAT

NSE

was first to start online debt trading

NSE also have its own index NIFTY

NIFTY generally known as S&P CNX NIFTY NIFTY consist of 50 stocks ONGC, RIL, INFOSYS, TCS, BHARTI, REL.COMM., WIPRO, ICICI BANK, WIPRO, ITC, SBI, BHEL AND MANY MORE

 NSE

has 50 stocks which consist of 22 sectors

NSE

has different indexes such as BIEFTY, DIEFTY

WHO ARE BUYERS AND SELLERS?

In

stock market buyer and seller are common man or woman

a demat account and a trading account with a broking company near to your house are 9,129 broking companies in India

Open

There

HOW TO DO TRADING?
Such

as sharekhan(srk), Indiabulls, India Infoline sec., ICICIdirect, Motilal Oswal, APEX commodities & sec., Suresh Rathi sec., Anand Rathi sec., Angram sec., Reliance Money and many more to your dealer (offline)

Call

Access

your account from your home or office or institute (online)

 Intraday

Delivery

base

Types

of trading persons Investor Trader Jobber

FACILITIES PROVIDE BY BROKING COMPANIES

Margin

on intraday
on delivery base for cash

Margin

Margin

TURNOVERS
Average

turnover of NSE was Rs.17 crores in 1994-95 and in year 2005-06 it was Rs.6,253 crores
total turnover of BSE in 2005-06 was Rs.15,69,556 crores

The

OTCEI (OVER-THE-COUNTER EXCHANGE OF INDIA)

OTCEI

was incorporated in 1990 as a Section 25 company under the Companies Act 1956 and is recognized as a stock exchange under Section 4 of the Securities Contracts Regulation Act, 1956.
Exchange was set up to aid enterprising promoters in raising finance for new projects in a cost effective manner and to provide investors with a transparent & efficient mode of trading.

The

Contd..
Modelled

along the lines of the NASDAQ market of USA, OTCEI introduced many novel concepts to the Indian capital markets such as screen-based nationwide trading, sponsorship of companies, market.
a measure of success of these efforts, the Exchange today has 115 listings and has assisted in providing capital for enterprises that have gone on to build successful brands for themselves like VIP Advanta, Sonora Tiles & Brilliant mineral water, etc.

As

NEED FOR OTCEI?

Studies by NASSCOM, Software Technology Parks of India, the venture capital funds and the government's IT Task Force, as well as the rising interest in information technology, pharmaceutical, biotechnology and media shares have repeatedly emphasized the need for a national stock market for innovative and high growth companies.
Innovative companies are critical to developing economies like India, which is undergoing a major technological revolution. With their abilities to generate employment opportunities and contribute to the economy, it is essential that these companies not only expand existing operations but also set up new units. The key issue for these companies is raising timely, cost effective and long term capital to sustain their operations and enhance growth. Such companies, particularly those that have been in operation for a short time, are unable to raise funds through the traditional financing methods, because they have not

WHO WOULD FIND OTCEI HELPFUL?

High-technology enterprises Companies with high growth potential Companies focused on new product development . Entrepreneurs seeking finance for specific business projects The Indian economy is demonstrating signs of recovery and it is essential that these companies have suitable financing alternatives to fund their growth and maintain competitiveness.

Contd..

OTCEI, with its entry guidelines and eligibility requirements tailored for such innovative and growth oriented companies, is ideally positioned as the preferred route for raising funds through Initial Public Offer (IPOs) or primary issues, in this country.

ELIGIBILITY CRITERIA

Entities eligible Corporate entities only, individuals not entitled for Membership.

Networth Requirements 1 crore comprising of the minimum paid up capital (Rs 30 lakhs) plus free reserves (excluding revaluation reserves, capital reserves & specified reserves, and value of membership/dealership/deposit with OTCEI/other stock exchange) less accumulated losses, if any. Minimum funds committed for OTC operations should be Rs.1 crore.

Rs.

BIBLIOGRAPHY

www.nseindia.com
www.bseindia.com www.moneycontrol.com www.economictimes.com www.otcei.net/initiative/ohmright.htm

Please