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Indian Stock Exchange NSE
BY:
Manu Singhal Nitesh Sabharwal Paramdeep
Singh Gill Maneet
Tanu Singhal Paramveer singh Paramjodh
Naman
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What is a Stock Exchange?
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Definition of Stock Exchange
A stock exchange is an entity that provides "trading"
facilities for stock brokers and traders to trade
stocks, bonds, and other securities. Stock exchanges
also provide facilities for issue and redemption ofsecurities and other financial instruments, and
capital events including the payment of income and
dividends. Securities traded on a stock exchange
include shares issued by companies, unit trusts,derivatives, pooled investment products and bonds.
http://en.wikipedia.org/wiki/Entityhttp://en.wikipedia.org/wiki/Stock_brokerhttp://en.wikipedia.org/wiki/Trader_(finance)http://en.wikipedia.org/wiki/Stockhttp://en.wikipedia.org/wiki/Bond_(finance)http://en.wikipedia.org/wiki/Security_(finance)http://en.wikipedia.org/wiki/Dividendhttp://en.wikipedia.org/wiki/Shareshttp://en.wikipedia.org/wiki/Unit_trusthttp://en.wikipedia.org/wiki/Derivative_(finance)http://en.wikipedia.org/wiki/Bond_(finance)http://en.wikipedia.org/wiki/Bond_(finance)http://en.wikipedia.org/wiki/Derivative_(finance)http://en.wikipedia.org/wiki/Unit_trusthttp://en.wikipedia.org/wiki/Shareshttp://en.wikipedia.org/wiki/Dividendhttp://en.wikipedia.org/wiki/Security_(finance)http://en.wikipedia.org/wiki/Bond_(finance)http://en.wikipedia.org/wiki/Stockhttp://en.wikipedia.org/wiki/Trader_(finance)http://en.wikipedia.org/wiki/Stock_brokerhttp://en.wikipedia.org/wiki/Entity7/29/2019 Nifty ddkdk;lfkdsfsdkfdk;kf;sdkfdlsfkldskfds;llfksldlfksld;kf;dskl;fkldsk;fks;dkfkdkfkkf;dskfl;dsfk;ldsfk;lkf;ldk;lks;lk;k;lk;dk;ll;k;lk;k;
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NSE: National Stock Exchange
The National Stock
Exchange (NSE), located in
Bombay, is India's first debt
market. It was set up in 1993
to encourage stockexchange reform through
system modernization and
competition. It opened for
trading in mid-1994. It wasrecently accorded
recognition as a stock
exchange by the
Department of Company
Affairs. The instruments
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History
The National Stock Exchange (NSE) is India's leadingstock exchange covering various cities and townsacross the country. NSE was set up by leadinginstitutions to provide a modern, fully automatedscreen-based trading system with national reach.
The Exchange has brought about unparalleledtransparency, speed & efficiency, safety and marketintegrity. It has set up facilities that serve as a model
for the securities industry in terms of systems,practices and procedures.
.
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Vision and Values
Purpose
Committed to improve the financial well-being of people.
Vision
To continue to be a leader, establish global presence,
facilitate the financial well being of people. Values
NSE is committed to the following core values :
Integrity
Customer focussed culture Trust, respect and care for the individual
Passion for excellence
Teamwork
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Partnership
The S&P CNX Nifty is owned and managed by
India Index Services and Products Ltd. (IISL),
which is a joint venture between the NSE and
CRISIL. IISL is Indias first specialized companyfocused on an index as a core product. IISL has
a licensing and marketing agreement with
Standard & Poors, who is a world leader in
index services.
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Chitra Ramkrishna on 26
November 2012 was appointed
as the Managing Director and
CEO of the National Stock
Exchange (NSE). Her
appointment to the position
would come to effect from 1
April 2013, for a period of five
years from the date of joining.Chitra Ramkrishna would be
replacing the Managing Director
and CEO of NSE Ravi Narain.
MD & CEO of NSE
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10
TRADING HOURS
NSE's normal trading sessions are conducted
from 9:00 am India Time to 3:30 pm India
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S&P CNX Nifty companies ofIndia
ACC
Ambuja Cements
Asian Paints
Axis Bank
Bajaj Auto
Bank of Baroda
BHEL
BPCL
Bharti Airtel
Cairn India
Cipla
Coal India
DLF Dr. Reddy's Laboratories
GAIL
Grasim Industries
HCL Technologies
HDFC
HDFC Bank
Hero MotoCorp
Hindalco Industries
HUL
Infosys
ICICI Bank
IDFC
ITC Limited
Jaiprakash Associates
Jindal Steel and Power
Kotak Mahindra Bank
L&T
Lupin
Mahindra & Mahindra
Maruti Udyog
NTPC
ONGC
Power Grid Corporation
PNB
Ranbaxy Laboratories
Reliance Infrastructure
Reliance Industries
Sesa Goa
Siemens
SBI
Sun Pharmaceutical
TCS
Tata Motors
Tata Power
Tata Steel
Ultratech Cement
Wipro
http://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/ACC_Limitedhttp://en.wikipedia.org/wiki/Ambuja_Cements_Limitedhttp://en.wikipedia.org/wiki/Asian_Paintshttp://en.wikipedia.org/wiki/Axis_Bankhttp://en.wikipedia.org/wiki/Bajaj_Autohttp://en.wikipedia.org/wiki/Bank_of_Barodahttp://en.wikipedia.org/wiki/Bharat_Heavy_Electricals_Limitedhttp://en.wikipedia.org/wiki/Bharat_Petroleumhttp://en.wikipedia.org/wiki/Bharti_Airtelhttp://en.wikipedia.org/wiki/Cairn_Indiahttp://en.wikipedia.org/wiki/Ciplahttp://en.wikipedia.org/wiki/Coal_India_Limitedhttp://en.wikipedia.org/wiki/DLF_Limitedhttp://en.wikipedia.org/wiki/Dr._Reddy%27s_Laboratorieshttp://en.wikipedia.org/wiki/GAILhttp://en.wikipedia.org/wiki/Grasim_Industrieshttp://en.wikipedia.org/wiki/HCL_Technologieshttp://en.wikipedia.org/wiki/Housing_Development_Finance_Corporationhttp://en.wikipedia.org/wiki/HDFC_Bankhttp://en.wikipedia.org/wiki/Hero_MotoCorphttp://en.wikipedia.org/wiki/Hindalco_Industrieshttp://en.wikipedia.org/wiki/Hindustan_Unileverhttp://en.wikipedia.org/wiki/Infosyshttp://en.wikipedia.org/wiki/ICICI_Bankhttp://en.wikipedia.org/wiki/Infrastructure_Development_Finance_Companyhttp://en.wikipedia.org/wiki/ITC_Limitedhttp://en.wikipedia.org/wiki/Jaiprakash_Associateshttp://en.wikipedia.org/wiki/Jindal_Steel_and_Powerhttp://en.wikipedia.org/wiki/Kotak_Mahindra_Bankhttp://en.wikipedia.org/wiki/Larsen_%26_Toubrohttp://en.wikipedia.org/wiki/Lupin_Ltd.http://en.wikipedia.org/wiki/Mahindra_%26_Mahindrahttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/NTPC_Limitedhttp://en.wikipedia.org/wiki/Oil_and_Natural_Gas_Corporationhttp://en.wikipedia.org/wiki/PowerGrid_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Punjab_National_Bankhttp://en.wikipedia.org/wiki/Ranbaxy_Laboratorieshttp://en.wikipedia.org/wiki/Reliance_Infrastructurehttp://en.wikipedia.org/wiki/Reliance_Industrieshttp://en.wikipedia.org/wiki/Sesa_Goahttp://en.wikipedia.org/wiki/Siemenshttp://en.wikipedia.org/wiki/State_Bank_of_Indiahttp://en.wikipedia.org/wiki/Sun_Pharmaceuticalhttp://en.wikipedia.org/wiki/Tata_Consultancy_Serviceshttp://en.wikipedia.org/wiki/Tata_Motorshttp://en.wikipedia.org/wiki/Tata_Powerhttp://en.wikipedia.org/wiki/Tata_Steelhttp://en.wikipedia.org/wiki/UltraTech_Cementhttp://en.wikipedia.org/wiki/Wiprohttp://en.wikipedia.org/wiki/Wiprohttp://en.wikipedia.org/wiki/UltraTech_Cementhttp://en.wikipedia.org/wiki/UltraTech_Cementhttp://en.wikipedia.org/wiki/UltraTech_Cementhttp://en.wikipedia.org/wiki/Tata_Steelhttp://en.wikipedia.org/wiki/Tata_Powerhttp://en.wikipedia.org/wiki/Tata_Motorshttp://en.wikipedia.org/wiki/Tata_Consultancy_Serviceshttp://en.wikipedia.org/wiki/Sun_Pharmaceuticalhttp://en.wikipedia.org/wiki/State_Bank_of_Indiahttp://en.wikipedia.org/wiki/Siemenshttp://en.wikipedia.org/wiki/Sesa_Goahttp://en.wikipedia.org/wiki/Sesa_Goahttp://en.wikipedia.org/wiki/Sesa_Goahttp://en.wikipedia.org/wiki/Reliance_Industrieshttp://en.wikipedia.org/wiki/Reliance_Infrastructurehttp://en.wikipedia.org/wiki/Ranbaxy_Laboratorieshttp://en.wikipedia.org/wiki/Punjab_National_Bankhttp://en.wikipedia.org/wiki/PowerGrid_Corporation_of_Indiahttp://en.wikipedia.org/wiki/Oil_and_Natural_Gas_Corporationhttp://en.wikipedia.org/wiki/NTPC_Limitedhttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Mahindra_%26_Mahindrahttp://en.wikipedia.org/wiki/Lupin_Ltd.http://en.wikipedia.org/wiki/Larsen_%26_Toubrohttp://en.wikipedia.org/wiki/Kotak_Mahindra_Bankhttp://en.wikipedia.org/wiki/Kotak_Mahindra_Bankhttp://en.wikipedia.org/wiki/Kotak_Mahindra_Bankhttp://en.wikipedia.org/wiki/Jindal_Steel_and_Powerhttp://en.wikipedia.org/wiki/Jindal_Steel_and_Powerhttp://en.wikipedia.org/wiki/Jindal_Steel_and_Powerhttp://en.wikipedia.org/wiki/Jaiprakash_Associateshttp://en.wikipedia.org/wiki/Jaiprakash_Associateshttp://en.wikipedia.org/wiki/Jaiprakash_Associateshttp://en.wikipedia.org/wiki/ITC_Limitedhttp://en.wikipedia.org/wiki/Infrastructure_Development_Finance_Companyhttp://en.wikipedia.org/wiki/ICICI_Bankhttp://en.wikipedia.org/wiki/Infosyshttp://en.wikipedia.org/wiki/Hindustan_Unileverhttp://en.wikipedia.org/wiki/Hindalco_Industrieshttp://en.wikipedia.org/wiki/Hindalco_Industrieshttp://en.wikipedia.org/wiki/Hindalco_Industrieshttp://en.wikipedia.org/wiki/Hero_MotoCorphttp://en.wikipedia.org/wiki/Hero_MotoCorphttp://en.wikipedia.org/wiki/HDFC_Bankhttp://en.wikipedia.org/wiki/Housing_Development_Finance_Corporationhttp://en.wikipedia.org/wiki/HCL_Technologieshttp://en.wikipedia.org/wiki/Grasim_Industrieshttp://en.wikipedia.org/wiki/GAILhttp://en.wikipedia.org/wiki/Dr._Reddy%27s_Laboratorieshttp://en.wikipedia.org/wiki/DLF_Limitedhttp://en.wikipedia.org/wiki/Coal_India_Limitedhttp://en.wikipedia.org/wiki/Ciplahttp://en.wikipedia.org/wiki/Cairn_Indiahttp://en.wikipedia.org/wiki/Bharti_Airtelhttp://en.wikipedia.org/wiki/Bharat_Petroleumhttp://en.wikipedia.org/wiki/Bharat_Heavy_Electricals_Limitedhttp://en.wikipedia.org/wiki/Bank_of_Barodahttp://en.wikipedia.org/wiki/Bajaj_Autohttp://en.wikipedia.org/wiki/Axis_Bankhttp://en.wikipedia.org/wiki/Asian_Paintshttp://en.wikipedia.org/wiki/Ambuja_Cements_Limitedhttp://en.wikipedia.org/wiki/ACC_Limitedhttp://en.wikipedia.org/wiki/India7/29/2019 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Why do companies issue shares to the public?
Most companies are usually started privately by their
promoter(s). However, the promoters' capital and the
borrowings from banks and financial institutions may not be
sufficient for setting up or running the business over a long
term. So companies invite the public to contribute towards
the equity and issue shares to individual investors. The way toinvite share capital from the public is through a 'Public Issue'.
Simply stated, a public issue is an offer to the public to
subscribe to the share capital of a company. Once this is
done, the company allots shares to the applicants as per the
prescribed rules and regulations laid down by SEBI.
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Products
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Markets
Currently, NSE has the following major segments of the capital market:
Equity
Futures and Options
Retail Debt Market
Wholesale Debt Market
Currency futures
MUTUAL FUND
STOCKS LENDING & BORROWING
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Equity
NSE started trading in the equities segment (Capital Market segment) on
November 3, 1994 and within a short span of 1 year became the largest exchange
in India in terms of volumes transacted.
Trading volumes in the equity segment have grown rapidly with average daily
turnover increasing from Rs.17 crores during 1994-95 to Rs.15,687 crores during
FY 2009-10. Under equity we will be discussing the following points:
LISTING
TRADING
CLEARING AND SETTLEMENT
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LISTING Listing on NSE provides qualifying companies with the broadest access to
investors, the greatest market depth and liquidity, cost-effective access to capital,
the highest visibility, the fairest pricing, and investor benefits. Securities listed on the Exchange are required to fulfill the eligibility criteria for
listing.
Eligibility Criteria for Listing
IPOs by Companies
1. The paid up equity capital of the applicant shall not be less than Rs. 10 crores
and the capitalisation of the applicants equity shall not be less than Rs. 25 crores
2. The Issuer shall have adhered to conditions precedent to listing as emerging from
inter-alia from Securities Contracts (Regulations) Act 1956, Companies Act1956, Securities and Exchange Board of India Act 1992.
3. Atleast three years track record.
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4. The applicant desirous of listing its securities should satisfy the exchange on the
following:
a) No disciplinary action by other stock exchanges and regulatory authorities in past
three years
b) Redressal Mechanism of Investor grievancec) Distribution of shareholding
d) Details of Litigation
e) Track Record of Director(s) of the Company
Listing Procedure An Issuer has to take various steps prior to making an application for listing its
securities on the NSE. These steps are essential to ensure the compliance of certain
requirements by the Issuer before listing its securities on the NSE. The various
steps to be taken include:
Approval of Memorandum and Articles of Association Approval of draft prospectus
Submission of Application
Listing conditions and requirements
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Listing Fees
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TRADING The NSE trading system called 'National Exchange for Automated Trading'
(NEAT)
Circuit BreakersThe Exchange has implemented index-based market-wide circuit breakers incompulsory rolling settlement with effect from July 02, 2001.
The market-wide circuit breakers are triggered by movement of either the BSE Sensexor the NSE S&P CNX Nifty, whichever is breached earlier.
In case of a 10% movement of either of these indices, there would be a one-hourmarket halt if the movement takes place before 1:00 p.m. In case the movementtakes place at or after 1:00 p.m. but before 2:30 p.m. there would be trading haltfor hour. In case movement takes place at or after 2:30 p.m. there will be notrading halt at the 10% level and market shall continue trading.
In case of a 15% movement of either index, there shall be a two-hour halt if themovement takes place before 1 p.m. If the 15% trigger is reached on or after
1:00p.m. but before 2:00 p.m., there shall be a one-hour halt. If the 15% trigger isreached on or after 2:00 p.m. the trading shall halt for remainder of the day.
In case of a 20% movement of the index, trading shall be halted for the remainderof the day.
Apart from circuit breakers, price bands are also used.
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Locations
NSE trading terminals are present in various cities and towns all over India.
NSE uses sophisticated telecommunication technology through which members
can trade remotely from their offices located in any part of the country.
Computer to Computer Link (CTCL) facility
NSE offers Computer-to-Computer Link (CTCL) facility to its trading members
by which members can use their own trading front-end software in order to trade
on the NSE trading system.
Trading Hours
NSE's normal trading sessions are conducted from 9:15 am India Time to 3:30 pm
India Time on all days of the week except Saturdays, Sundays and Official
Holidays declared by the Exchange (or by the Government of India) in advance.
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CLEARING & SETTLEMENT (EQUITIES)
Clearing is the process of determination of obligations, after which the obligations
are discharged by settlement.
NSCCL has two categories of clearing members:
1. Trading Clearing Members: Trading members can trade on a proprietary basis or
trade for their clients. All proprietary trades become the members obligation for
settlement.
2. Custodians: Custodians are clearing members but not trading members. They settle
trades on behalf of their clients that are executed through other trading members.
Some of the custodians empanelled with NSCCL areAxis Bank Ltd., Citibank N.A.,
Deutsche Bank A.G., ICICI Bank Ltd.
Settlement Cycle
NSCCL follows a T+2 rolling settlement cycle. For all trades executed on the T day,
NSCCL determines the cumulative obligations of each member on the T+1 day and
electronically transfers the data to Clearing Members (CMs). All trades concluded
during a particular trading date are settled on a designated settlement day i.e. T+2 day.
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BONDS
To make a large purchase, a firm can borrow
the funds from a bank, but it can also issue a
bond.
A bond is a document that formally promises
to pay back a loan under specified terms and a
given period of time.
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Equity vs. Debt
To start a new business, a company can raise
money in two ways - by selling shares of equity or by
incurring debt. If the owner invested all their own
savings to buy the materials necessary to start thebusiness, they made an equity investment in the
company. Equity is simply ownership of a
corporation. Typically, ownership units in a
corporation are referred to as stock.
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However, if our owner did not have necessary funds
to start their own business they could finance their
operation in one of two ways:
1. Issue stock (or certificates of partial ownership in
his company) to people who may be interested in
helping their venture out in return for a proportionalshare of the profits that the company might
generate.
2. Borrow money that will need to be paid back with
interest.
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Initial Public Offerings (IPOs)
The very first sale of stocks to the public is called an initial
public offering (IPO), It is the selling of securities to the public
in the primary market. It is when an unlisted company makes
either a fresh issue of securities or an offer for sale of its
existing securities or both for the first time to the public. Thispaves way for listing and trading of the issuer's securities. The
sale of securities can be either through book building or
through normal public issue.
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Derivatives
The Derivatives section provides you with an insight into the derivatives segment of NSEwith Current Market Reports, Historical Data and Product Information. Real-time quotesand information regarding derivative products, trading systems & processes, clearingand settlement, risk management, statistics etc. are available here.
Equity Derivatives
Currency Derivatives
Interest Rate Futures
Global Indices
Debt
The Debt section provides you with an insight into the debt segment of NSE with CurrentMarket Reports, Historical Data and Product Information. Large investors and a highaverage trade value characterize this segment. Till recently, the market was purely aninformal market with most of the trades directly negotiated and struck between various
participants. The commencement of this segment by NSE has brought abouttransparency and efficiency to the debt market.
Retail Debt Market
Wholesale Debt Market
Corporate Bonds
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NSE has launched several stock
indices, including
S&P CNX Nifty (Standard & Poor's CRISIL
NSE Index)
CNX Nifty Junior
CNX 100 (= S&P CNX Nifty + CNX Nifty Junior)
S&P CNX 500 (= CNX 100 + 400 major players
across 72 industries)
CNX Midcap (introduced on 18 July 2005replacing CNX Midcap 200)
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S&P CNX Nifty
S&P CNX Nifty is a well diversified 50 stock index accounting for 23 sectors of the
economy. It is used for a variety of purposes such as benchmarking fund portfolios,
index based derivatives and index funds.
S&P CNX Nifty is owned and managed by India Index Services and Products Ltd.
(IISL), which is a joint venture between NSE and CRISIL. IISL has a Marketing
and licensing agreement with Standard & Poor's (S&P), who are world leaders inindex services.
FACTS:
The total traded value for the last six months of all Nifty stocks is approximately
48% of the traded value of all stocks on the NSE.
Nifty stocks represent about 56% of the Free Float Market Capitalization as on Sep30, 2010.
Impact cost of the S&P CNX Nifty for a portfolio size of Rs.50 lakhs is 0.06%.
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CNX Nifty Junior
The next rung of liquid securities after S&P CNX Nifty is the CNX NiftyJunior. We can say that the S&P CNX Nifty and the CNX Nifty Junior as
making up the 100 most liquid stocks in India.
As with the S&P CNX Nifty, stocks in the CNX Nifty Junior are filtered for
liquidity, so they are the most liquid of the stocks excluded from the S&P
CNX Nifty.
S&P CNX Nifty and the CNX Nifty Junior are synchronized so that the two
indices will always be disjoint sets; i.e. a stock will never appear in both
indices at the same time.
FACTS :
CNX Nifty Junior represents about 11 % of the Free Float MarketCapitalization as on Sep 30, 2010.
The traded value for the last six months of all Junior Nifty stocks is
approximately 14% of the traded value of all stocks on the NSE
Impact cost for CNX Nifty Junior for a portfolio size of Rs.25 lakhs is 0.09%.
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CNX 100
CNX 100 is a diversified 100 stock index accounting for 35 sectors of the economy.
CNX 100 = S&P CNX Nifty + CNX Nifty Junior
CNX 100 is owned and managed by India Index Services & Products Ltd. (IISL).
Which is a joint venture between CRISIL & NSE. IISL is Indias first specialized
company focused upon the index as a core products.
FACTS:
CNX 100 represents about 67% of the Free Float market capitalization as on Sep
30, 2010.
The average traded value for the last six months of all CNX100 stocks is
approximately 61 % of the traded value of all stocks on the NSE.
Impact cost for CNX 100 for a portfolio size of Rs. 50 Lakhs is 0.07%.
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S&P CNX 500
The S&P CNX 500 is Indias first broad based benchmark of the Indian capital
market.
S&P CNX 500 = CNX 100 + 400 major players across 72 industries
Industry weightages in the index reflect the industry weightages in the market. For
e.g. if the banking sector has a 5% weightage in the universe of stocks traded on
NSE, banking stocks in the index would also have an approx. representation of 5%in the index.
FACTS:
The S&P CNX 500 represents about 90% of the Free Float Market Capitalization
and about 87% of the total turnover on the NSE as on Sept 30, 2010.
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CNX Midcap
The primary objective of the CNX Midcap Index is to capture the movement and be
a benchmark of the midcap segment of the market.
The CNX Midcap Index has a base date of Jan 1, 2003 and a base value of 1000.
All constituents of the CNX Midcap Index must have a minimum listing record of 6
months.
All companies in the CNX Midcap Index have a minimum track record of threeyears of operations with a positive net worth.
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CERTIFICATIONS
NSE also conducts online examination and awards
certification, under its programmes of NSE's Certification
in Financial Markets (NCFM).
Currently, certifications are available in 19 modules,
covering different sectors of financial and capital
markets. Branches of the NSE are located throughout
India.
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ADVANTAGES OF TRADING AT NSE
Integrated network for trading in stock market
of India
Fully automated screen based system that
provides higher degree of transparency
Investors can transact from any part of the
country at uniform prices
Greater functional efficiency supported by
totally computerized network
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Bull & Bear Markets
Bull Markets
bull markets are movements in the stock
market in which prices are rising and the
consensus is that prices will continue moving
upward. During this time, economic
production is high, jobs are plentiful and
inflation is low.
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Bear Markets
Bear markets are the opposite--stock prices arefalling, and the view is that they will continue falling.
The economy will slow down, coupled with a rise in
unemployment and inflation. In either scenario,
people invest as though the trend will continue.Investors who think and act as though the market
will continue to rise are bullish, while those who
think it will keep falling are bearish.
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QUICK FACTS ABOUT NSE
Ranks 04th in the world, in terms of number oftransactions executed on a stock exchange, after
NASDAQ, NYSE and Shanghai SE.
Ranks 2nd in the world, in terms of the number of
contracts traded in Single Stock Futures.
Ranks 03rd in the world, in terms of no. of contracts
traded, in Stock index Futures
Ranks 2nd in Asia, in terms of no. of contractstraded, in equity derivatives instrument.
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38
REQUIREMENT
DEMAT ACCOUNT
&
Trading Account
Companies
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How are the NIFTY 50 Stocks
are selected?
Listing History
Trading Frequency
Rank based on the Market Cap
Market Capitalization weight
Industry / sector they belong
Historical Record
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Seven ways to survive a Stock Market Correction
1. Stop Listening To Analysts
2. Stop Staring At Your Portfolio Every Thirty
Minutes.
3. Be Patient4. Speak To Actual Investors With Experience
5. Stop Following Crazy Tips
6. Understand Market Cycles
7. Follow The Guru
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Bibliography:
NSE web site
Wikipedia
Yahoo answer
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