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• INMANTEC
WHAT IS STOCK EXCHANGE
Stock exchange is that place where trading of
shares is done in terms of sale and purchase.
INTRODUCTION :
• There are 23 stock exchanges in the
India. Mumbai's (earlier known as
Bombay), Bombay Stock Exchange is
the largest, with over 6,000 stocks listed.
The BSE accounts for over two thirds of
the total trading volume in the country.
Established in 1875, the exchange is also
the oldest in Asia. Among the twenty-two
Stock Exchanges recognised by the
Government of India under the Securities
Contracts (Regulation) Act, 1956, it was
the first one to be recognised and it is the
only one that had the privilege of getting
permanent recognition ab-initio.
Name of Indian stock exchange:
• 1.Bombay stock exchange
• 2.national stock exchange(Mumbai)
• 3.Banglore stock exchange
• 4.Utter pradesh stock exchange(kanpur)
• 5.Magadh stock exchange(Patna)
• 6.Ahmedabad stock exchange
• 7.vadodara stock exchange(Baroda)
• 8.Bhubaneswar stock exchange
• 9.Calcutta stock exchange(kolkata)
• 10.madras stock exchange
Cont…….
• 11.Cochin stock exchange
• 12.coimbatore stock exchange
• 13.Gauhati stock exchange
• 14.Hydrabad stock exchange
• 15.Madhya pradesh stock exchange(indore)
• 16.Jaipur stock exchange
• 17.Ludhina stock exchange
• 18.Mangalore stock exchange
• 19.Pune stock exchange
• 20.saurashtrakutch stock exchange
Cont…….
• Bombay stock exchange : it has 30 companies sripted.
• Name:1.ACC
• 2.BAJAJ
• 3.AIRTEL
• 4.BHEI
• 5.CIPLA
• 6.DLF
• 7.GRASIM
• 8.GUJRAT AMBUJA
• 9.HDFC
• 10.HDFC BANK
CONT……
• 11.HERO HONDA
• 12.HINDALCO
• 13.HUL
• 14.ICICI BANK
• 15.INFICYS
• 16.ITC
• 17.L&T
• 18.MARUTI
• 19.NTPC
• 20.ONGC
CONT……
• 21.RANBAXY
• 22.RELIANCE COMMUNICATION
• 23.RELIANCE ENERGY
• 24.RIL
• 25.SATYAM
• 26.SBI
• 27.TCS
• 28.TATA MOTERS
• 29.TATA STEEL
• 30.WIPRO
THE TOP TEN SINGLE DAY FALLS
OF THE SENSEX HAS :
1. Jan 21, 2008 --- 1,408.35 points
2. Jan 22, 2008 --- 857 points
3. Feb 11, 2008 --- 833.98 points
4. May 18, 2006 --- 826 points
5. Dec 17, 2007 --- 769.48 points
6. Oct 17, 2007 --- 717.43 points
7. Jan 18, 2007 --- 687.82 points
8. Nov 21, 2007 --- 678.18 points
9. Aug 16, 2007 --- 642.70 points
10. Apr 2, 2007 --- 616.73 points
BSE CHART
•
• Index Value:
• 17,349.07 Trade Time:
• 3:58PM IST
• Change:
• 385.61 (2.17%)
• Prev Close:
• 17,734.68
• Open:
• 17,503.04
• Day's Range:
• 17,309.47 - 17,526.80
NSE
• The National Stock Exchange (NSE),
located in Bombay, is India's first debt
market. It was set up in 1993 to encourage
stock exchange reform through system
modernization and competition. It opened
for trading in mid-1994. It was recently
accorded recognition as a stock exchange
by the Department of Company Affairs.
The instruments traded are, treasury bills,
government security and bonds issued by
public sector companies
CONT……….
• The Organisation: The National Stock
Exchange of India Limited has genesis
in the report of the High Powered Study
Group on Establishment of New Stock
Exchanges, which recommended
promotion of a National Stock
Exchange by financial institutions (FIs)
to provide access to investors from all
across the country on an equal footing.
CONT………
• NSE Group:
1. India Index Services & Products Ltd. (IISL)
2. National Securities Clearing Corporation Ltd.
(NSCCL)
3. NSE.IT Ltd.
4. National Securities Depository Ltd. (NSDL)
5. DotEx International Limited
SPECULATION :
• Definition : it involves the buying,holding,selling,short-
term selling of
stocks,bonds.commodities,currencies,collectibles or any
valuable financial instrument to profit from fluctuations
in its price as opposed to buying it for use or for income
via method like dividends or interest.
Kinds of speculation
• Bull Market (Tejiwala): In case of that they purchase the
shares at current prices to sell at a higher price in the near
future and makes a profit if his expectations come true.he
is also called a long buyer.
• Bear Market (Mandiwala) : He sells security in the hope
that he will be able to buy them back at lesser price.It is
also called “short selling”.
Cont………………
• Lame duck : When a bear has made contracts to sell
securities,find it difficult to meet his commitment due to
non-availability of security,,they always struggling..
• Stag : He is that type of speculator who applies for a large
number of a shares in a new issue with the intention of
selling them at a premium.He is bullish and very
cautious.
Forex Market
•
Mar 19, 4:30 P.M.CurrencyIN ;
• 40.45(US.DOLLAR)
• Euro
• 63.48
• GB Pound
• 81.20
• Japanese Yen
• 0.4072
• S'pore Dollar
• 29.160
BENEFITS OF STOCK EXCHANGE
• EXTERNAL:----
• 1.SHAREHOLDER
• 2.DEBENTURE HOLDER
SHAREHOLDER
• Shareholders are divided into two parts
• 1.Preference shareholder: Preference shareholder
are those which have preferential right to the
payment of dividend during the life time of the
company,and a preferential right to the return of
the capital when the company is wound up.
CHARACTERISTICS OF PREF.SHAREHOLDER
• 1.CRISIL
• 2.ICRA
• 3.CARE
• 4.DPCR
conclusion
• THE STOCK EXCHANGE IS
CONSIDERED TO BE THE
BAROMETER OF ECONOMIC
ACTIVITY.
• THE Securities and Exchange Board of India (Sebi) issued guidelines on Thursday aimed at strengthening the arbitration process at stock exchanges as well as speed up the resolution of
disputes. The arbitration committees on the BSE and the NSE help settle disputes between a client and broker, or disputes among brokers.
Under the new rules, the stock exchanges have to maintain a panel of arbitrators and the number of arbitrators in the panel will have to be commensurate to the number of disputes so that
each person handles a limited number of cases. This will help in speedy disposal of cases.
While considering a candidate for the arbitration panel, the stock exchanges will have take into account his/her qualification in the area of law, finance, accounts, economics, management,
or administration, and his experience in financial services, including the securities market.
The person included in the panel will have to give a declaration that he has not been involved in any act of fraud or found guilty of any economic offence. He will also have to disclose the
names of his dependants associated with the securities market as a member, sub-broker. Besides, the bourses will also be required to appraise the performance of the arbitrators and
reconstitute the panel based on the appraisal once a year.
“An arbitration reference for a claim up to Rs 25 lake shall be dealt with by a sole arbitrator while that above Rs 25 lake shall be dealt with by a panel of three arbitrators,” said the Sebi
circular, which comes into effect from September 1, 2010.
The arbitration reference will have to be concluded by way of issue of an arbitration award within four months from the date of arbitrator appointment. However, at the discretion of the
managing director or executive director of an stock exchange for sufficient cause, they could extend the time for issue of the arbitration award by two months on a case-to-case basis.
If the aggrieved party is unhappy with the arbitration award, he can appeal against it to the appellate panel of arbitrators of the stock exchange. However, the appeal must be filed within one
month from the date of receipt of the arbitration award.
At present, an investor or a broker seeking redressal on BSE has to first file an application with Investors’ Grievance Redressal Committee (IGRC), which tries to resolve the dispute. If the
parties are not satisfied with the settlement, they are advised to go in for arbitration. If any of the parties is dissatisfied with the arbitration award, he or she can appeal to the appellate
authority, consisting of five arbitrators. If he/she is dissatisfied even with the appellate panel’s verdict, he/she will have to appeal to the High Court.
On the NSE, the aggrieved client or broker has to file an application with the Investor Grievance Cell (IGC). In case the dispute is not settled at that level, the parties are advised to go in for
arbitration. If any of the parties is still dissatisfied with the judgement, he then has to approach the High Court, which is usually a costly and long-drawn process.
The regulator also said the stock exchanges with nation-wide terminals would be required to provide an arbitration facility at all four regional centres — Delhi, Mumbai, Kolkata and
Chennai.
Besides, they will also have to preserve the documents related to the arbitration and appellate award with confirming receipts of the same by the disputing parties, permanently.