List of Stock Exchanges In India
Bombay Stock Exchange
National Stock Exchange
Regional Stock Exchanges
Ahmedabad Stock Exchange
Bangalore Stock Exchange
Bhubaneshwar Stock Exchange
Calcutta Stock Exchange
Cochin Stock Exchange
Coimbatore Stock Exchange
Delhi Stock Exchange
Guwahati Stock Exchange
Hyderabad Stock Exchange
Jaipur Stock Exchange
Ludhiana Stock Exchange
Madhya Pradesh Stock Exchange
Madras Stock Exchange
Magadh Stock Exchange
Mangalore Stock Exchange
Meerut Stock Exchange
OTC Exchange Of India
Pune Stock Exchange
Saurashtra Kutch Stock Exchange
Uttar Pradesh Stock Exchange
Vadodara Stock Exchange
Sunday, October 7, 2007
Thursday, October 4, 2007
An Overview of the Indian Securities Market
An Overview of the Indian Securities Market:
Securities markets provide a channel for allocation of savings to those who have a
productive need for them. As a result, the savers and investors are not constrained
by their individual abilities, but by the economy’s abilities to invest and save
respectively, which inevitably enhances savings and investment in the economy.
Market Segments:
The securities market has two interdependent and inseparable segments: the
primary and the secondary market. The primary market provides the channel for
creation of new securities through issuance of financial instruments by public
companies as well as Governments and Government agencies and bodies whereas
the secondary market helps the holders of these financial instruments to sale for
exiting from the investment. The price signals, which subsume all information
about the issuer and his business including associated risk, generated in the
secondary market, help the primary market in allocation of funds.
The primary market issuance is done either through public issues or private placement. A public issue does not limit any entity in investing while in private placement, the issuance is done to select people. In terms of the Companies Act, 1956, an issue becomes public if it results in allotment to more than 50 persons. This means an issue resulting in allotment to less than 50 persons is private placement.
There are two major types of issuers who issue securities. The corporate entities issue mainly debt and equity instruments (shares, debentures, etc.), while the governments (central and state governments) issue debt securities (dated securities, treasury bills).
The secondary market enables participants who hold securities to adjust their
holdings in response to changes in their assessment of risk and return. They also
sell securities for cash to meet their liquidity needs.
The exchanges do not provide facility for spot trades in a strict sense. Closest to spot market is the cash market in exchanges where settlement takes place after some time. Trades taking place over a trading cycle (one day under rolling settlement) are settled together after a certain
time.
Securities markets provide a channel for allocation of savings to those who have a
productive need for them. As a result, the savers and investors are not constrained
by their individual abilities, but by the economy’s abilities to invest and save
respectively, which inevitably enhances savings and investment in the economy.
Market Segments:
The securities market has two interdependent and inseparable segments: the
primary and the secondary market. The primary market provides the channel for
creation of new securities through issuance of financial instruments by public
companies as well as Governments and Government agencies and bodies whereas
the secondary market helps the holders of these financial instruments to sale for
exiting from the investment. The price signals, which subsume all information
about the issuer and his business including associated risk, generated in the
secondary market, help the primary market in allocation of funds.
The primary market issuance is done either through public issues or private placement. A public issue does not limit any entity in investing while in private placement, the issuance is done to select people. In terms of the Companies Act, 1956, an issue becomes public if it results in allotment to more than 50 persons. This means an issue resulting in allotment to less than 50 persons is private placement.
There are two major types of issuers who issue securities. The corporate entities issue mainly debt and equity instruments (shares, debentures, etc.), while the governments (central and state governments) issue debt securities (dated securities, treasury bills).
The secondary market enables participants who hold securities to adjust their
holdings in response to changes in their assessment of risk and return. They also
sell securities for cash to meet their liquidity needs.
The exchanges do not provide facility for spot trades in a strict sense. Closest to spot market is the cash market in exchanges where settlement takes place after some time. Trades taking place over a trading cycle (one day under rolling settlement) are settled together after a certain
time.
Stock Exchanges In India
Stock Exchanges In India:
Indian stock market marks to be one of the oldest stock market in Asia. Stock Market which is a market where the trading of company stock, both listed company securities and unlisted takes place. It is different from stock exchange because it also put all stock indices and stock index movements on the same platform. For example, we use the term, "the stock market was up today" or "the stock market bubble."
Stock Exchanges are an organised marketplace, either corporation or mutual organisation, where members of the organisation gather to trade company stocks and other securities. The members may act either as agents for their customers, or as principals for their own accounts.
Stock exchanges also facilitates for the issue and redemption of securities and other financial instruments including the payment of income and dividends. The record keeping is central but trade is linked to such physical place because modern markets are computerised. The trade on an exchange is only by members and stock broker do have a seat on the exchange.
History of Stock Exchanges In India:
In 1860, the exchange flourished with 60 brokers. In fact the 'Share Mania' in India began with the American Civil War broke and the cotton supply from the US to Europe stopped. Further the brokers increased to 250.At the end of the war in 1874, the market found a place in a street (now called Dalal Street).
In 1887, "Native Share and Stock Brokers' Association" was established. In 1895, the exchange acquired a premise in the street which was inaugurated in 1899.
Indian stock market marks to be one of the oldest stock market in Asia. Stock Market which is a market where the trading of company stock, both listed company securities and unlisted takes place. It is different from stock exchange because it also put all stock indices and stock index movements on the same platform. For example, we use the term, "the stock market was up today" or "the stock market bubble."
Stock Exchanges are an organised marketplace, either corporation or mutual organisation, where members of the organisation gather to trade company stocks and other securities. The members may act either as agents for their customers, or as principals for their own accounts.
Stock exchanges also facilitates for the issue and redemption of securities and other financial instruments including the payment of income and dividends. The record keeping is central but trade is linked to such physical place because modern markets are computerised. The trade on an exchange is only by members and stock broker do have a seat on the exchange.
History of Stock Exchanges In India:
In 1860, the exchange flourished with 60 brokers. In fact the 'Share Mania' in India began with the American Civil War broke and the cotton supply from the US to Europe stopped. Further the brokers increased to 250.At the end of the war in 1874, the market found a place in a street (now called Dalal Street).
In 1887, "Native Share and Stock Brokers' Association" was established. In 1895, the exchange acquired a premise in the street which was inaugurated in 1899.
Stock Exchange in India
Stock Exchanges In India
Indian stock market marks to be one of the oldest stock market in Asia. Stock Market which is a market where the trading of company stock, both listed company securities and unlisted takes place. It is different from stock exchange because it also put all stock indices and stock index movements on the same platform. For example, we use the term, "the stock market was up today" or "the stock market bubble."
Stock Exchanges are an organised marketplace, either corporation or mutual organisation, where members of the organisation gather to trade company stocks and other securities. The members may act either as agents for their customers, or as principals for their own accounts.
Indian stock market marks to be one of the oldest stock market in Asia. Stock Market which is a market where the trading of company stock, both listed company securities and unlisted takes place. It is different from stock exchange because it also put all stock indices and stock index movements on the same platform. For example, we use the term, "the stock market was up today" or "the stock market bubble."
Stock Exchanges are an organised marketplace, either corporation or mutual organisation, where members of the organisation gather to trade company stocks and other securities. The members may act either as agents for their customers, or as principals for their own accounts.
Stock exchanges also facilitates for the issue and redemption of securities and other financial instruments including the payment of income and dividends. The record keeping is central but trade is linked to such physical place because modern markets are computerised. The trade on an exchange is only by members and stock broker do have a seat on the exchange.
History of Stock Exchanges In India:
In 1860, the exchange flourished with 60 brokers. In fact the 'Share Mania' in India began with the American Civil War broke and the cotton supply from the US to Europe stopped. Further the brokers increased to 250.At the end of the war in 1874, the market found a place in a street (now called Dalal Street).
In 1887, "Native Share and Stock Brokers' Association" was established. In 1895, the exchange acquired a premise in the street which was inaugurated in 1899.
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