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  • Apply IPO Online and increase your chance to get allotments!
    2021-08-02, By: System Administrator

    As a result of the high demand for recent public offerings, many investors find it hard to crack an IPO allotment. Investors see it more challenging to get allotments, even after applying for an online IPO. People have many questions about the IPO allotment procedure, and one of the most typical complaints following an IPO is, "Why wasn't my IPO given to me?" 


    First and foremost, we must fully comprehend the IPO allotment procedure. After that, we can make efforts to improve our prospects of getting an allotment. Here are a few pointers as below-


    How are IPO shares distributed?

    All retail individual investor (RII) applications are considered equal under the share allotment guidelines. The minimum application amount determines the minimum bid lot.

    IPO Under Subscribed: If the need for an IPO in the retail sector is fewer than the number of shares offered, it is under-subscribed. Every investor will receive the entire allocation.


    IPO Oversubscribed: If an IPO is oversubscribed, retail investors will only receive one lot or nothing. The lottery mechanism is used to choose the investors. 


    Now, let us go through the ideas which can increase the chances of IPO allotment when prefer to apply online-


    There is no benefit for a large application-

    All retail applications (less than INR 200,000) are treated similarly by SEBI's current allotment process. In the event of over-subscription, there is no benefit to submitting a large application. Big applications are only appropriate for heavy or under-subscribed IPOs.


    Multiple Demat Accounts can be helpful-

    Large applications are ineffective in cases of over-subscription. It's a good idea to submit multiple applications from various Demat accounts. Using numerous accounts to apply for an IPO online might significantly boost your chances of being accepted. 


    Bid at the cheaper end of the price range / higher end of the price range-

    Investors frequently misunderstand the difference between the offer price and the cutoff price. The term "cutoff price" refers to an investor's willingness to pay whatever price the company decides at the end of the book-building process. After applying Cutoff, the investor must bid at the highest price range. If the price is lower than expected, the extra amount is reimbursed. 


    Avoid last-minute subscriptions-

    If you've already chosen to apply for the initial public offering, do it on the first or second day. Suppose an investor applies on the last day. In that case, it may result in various problems, such as the bank account not responding due to excessive HNI and QIB subscriptions or other technical issues. It is to ensure that the investor does not lose out on the IPO chance. 


    Filling up the complete details-

    Filling out the IPO forms should not be hastened. The money, name, DP ID, bank details, and other details should be filled incorrectly by the investor. There are also printed forms accessible. Therefore one should use those. ASBA (Application Supported by Blocked Amount) is the most secure approach to apply for the IPO online. One can apply for ASBA through their bank, but the investor should double-check the data before doing so. It'll almost certainly avoid technical rejection. 


    Purchase stock in the parent or holding firm-

    The strategies mentioned above will work for all IPOs. However, this trick will not work for all IPOs. Even so, this is a fantastic suggestion that may be used in a variety of situations. Investors who have at least one share of the parent firm in their Demat Account are eligible to apply under the Shareholder Category. 


    Needless, the chances of allotment are much better in the shareholder category. You can place a bid in both retail and shareholder categories. So, apply for IPO online & have more chance of allotment!

  • Meditation, post-dinner walk, and running with the kids
    2021-05-18, By: System Administrator

    Source : (

    The wonders that healthy habits can do for you in your everyday life

    1 I meditate for an hour every morning. With the current pandemic situation, a healthy routine becomes necessary. Meditation every day helps build inner strength and restore a peaceful mindset.

    2 Healthy eating habits can do wonders to your everyday life. Calculate a balanced diet to stay fit.

    3 Reading is a rich habit, and I read for two hours every day, divided between a spiritual book in the morning and business one in the evening.

    4 Staying indoors can be exhausting, especially with the ‘work from home’ regime. Besides playing football or cricket in pre-pandemic days, sometimes just running with my kids helps burn calories.

    5 I take an evening walk for about 45 minutes after dinner. With physical exhaustion reduced to zero these days, you must take a few minutes’ walk after dinner every day. This also lets you have a good night’s sleep.

    Ravi Singhal is Vice-Chairman, GCL Securities

  • Discipline is the Key to Success in Stock Market
    2021-05-05, By: System Administrator

    Source : (

    The most important aspect of investing directly into the stock market is the selection of return-worthy shares

    Mutual funds have become one of the most famous tools of financial investment in the stock market. It is true from the beginner’s perspective, as through mutual funds, they do not have to worry about stock selection, entry, and exit time of stock. However, when someone intends to invest from the long-term perspective, they must be aware of the hidden charges (such as maintenance charges) applied on mutual fund portfolios. These hidden charges might eat up a large chunk of the overall long-term portfolio returns.

    In general, certain hidden charges are ranging from 1.5-3 per cent (depending upon the mutual fund) applied to every mutual fund, which is adjusted from actual returns accrued. How much impact these changes have on your portfolio? Let us understand this from one example.

    Let us suppose that you have to invest Rs one lakh for 20 years. Hypothetically, suppose your investments assure a return of 1 per cent per month. If there are no handling charges applied on your investment, your portfolio valuation will become approximately Rs 10.90 Lakh in 20 years. On the flip side, which is the real case, if the MF manager is applying a 2.5 per cent annual fee on the mutual funds, the final amount accrued will remain only Rs 6.63 lakh. This is a huge difference.

    As you can observe, there is a clear loss of Rs 4.27 lakh on an investment of just Rs 1 lakh.

    There comes the million-dollar question. Instead of investing through the mutual fund route, why can't you go for direct stock investment? Let us understand the challenges involved and the way ahead.

    Stock selection

    The most important aspect of investing directly into the stock market is the selection of return-worthy shares. When it comes to stock selection, we have so many sources of advice such as friends, newspapers, online media, TV. Sometimes, it becomes difficult to make a selection from so many pieces of advice. Moreover, one wrong piece of advice might have a huge negative impact on the overall portfolio. This might be for the very purpose of investment in the share market.

    On the other side, mutual funds are managed by highly qualified professionals fund managers, and industry experts. Here, the investor does not have to worry about the selection shares of good companies.

    I suggest that there are two options available for the stock investors. First, they can search for the top 10/20/30 companies of Nifty 50/Sensex and invest in them directly, but this method suits the people who want to invest a lump sum amount of at least Rs 5 lakh 10 Lakh or more.

    If you want to invest every month similar to the mutual fund Systematic Investment Plan (SIP), then it is better to go for the Nifty 50 Exchange Traded Fund (ETF), where you can invest an amount as low as Rs 100. ETFs provide you with an opportunity to invest a small amount and get returns of all Nifty 50 shares combined. Moreover, the management fee in the ETF is 10 percent which is very low as compared to the mutual funds. Nifty 50 ETF shares and their weightage is almost the same as Nifty 50, so you get the almost same return as Nifty 50. If the benchmark performance of all the large-cap mutual funds is compared with Nifty 50, more than 50 percent of mutual funds will not be able to beat Nifty 50 returns. You do not need to worry about returns in the long term because returns from Nifty 50 are considered as ‘Share Market Return’ in the long term.

    Discipline in Investing

    This is the second most common issue faced by direct investors. Discipline is the key to success in the stock market. Sometimes, people become lazy and postpone the decision to the next month, and this procrastination costs them dearly. In addition to this, the investors wait for the perfect timing. They keep deferring their investment decision by thinking that this is not the right time to invest, as the stock market is too high or fluctuating daily.

    The best part of mutual funds investment is that funds are automatically deducted from the investors’ bank account, and you do not have to make a decision every month.

    In addition to this, when you observe that one of your selected shares is not performing as per your expectations or has outperformed, you have the power to exit from it immediately. People keep on churning and selecting the shares as per their expertise; hence it becomes very difficult to get actual returns from the market which they might have obtained.

    I suggest that some brokers provide a SEP (Systematic Equity Plan) method to invest every month with a fixed amount in the shares of the client's choice. This way, they can invest in shares directly, coupled with the discipline of Mutual Funds. For the second issue, I suggest that it is always better to invest in Nifty 50 shares directly or through the ETF route, and be strict with it, as it is very difficult for a common man to beat the Nifty 50 performance. Therefore, you do not have to put your brain on share selection and entry or exit time.

    The author is Vice-Chairman of GCL Securities Limited


  • Initial Public Offering (IPO)
    2021-02-20, By: System Administrator

    Initial Public Offering (IPO) is a wayof offering shares/securities of a private company to the public.IPOis the transition from a private (new, an old companyor a young company) to a public companyby listing on an exchange.Companies can raise their equity capital with the help of an IPO in two ways as follows: first is by issuing new shares to the public and the second one is where the existing shareholders can sell their securities/shares to the public without raising any fresh capital. In India, Securities and Exchange Board of India (SEBI) is the regulatory authority which can grant an IPO.

    IPO is Categorized in two types

    Fixed Price Offering (FPO)

    In Fixed Price Offering, price is known in advance to the investor at which the securities/shareswill begiven to the investors.

    Book Building Offering (BBO)

    In Book Building Offering, investors can bid within a 20% price band which is offered by the issuing companyandonly after closure of the bidding the final price is defined by the issuing company.The final price of the shares is regulated by the bidding of the investors.The lowest offered price of the securities is known as floor price and the highest price of the securitiesisreferredto as cap price.

    IPO Allotment Process

    Following are three different investor categories when it comes to IPOs:

    Qualified Institutional Buyers (QIBs)

    Non-Institutional Investors (NIIs)

    Retail Individual Investors (RIIs)

    The allocation process of securities differs for all the above categories. As an individual investor, we are coming under the last category.

    The allotment is based on rules set by the SEBI, the regulatory authority. An individual investorallowed to invest in small lots worth Rs 14,500-15,000, with a maximum allowed limit of Rs 2 lacs in an IPO. Under the retail category, the demand ofsecurities is analyzed by the number of applications received. A full allotmentis subscribed when the demand is less than or equal to the number of shares.For an IPO allocation the term “over-subscribed” can be used when the demand is greater than the allocation. Which means that the demand is exceeding the supply. In such cases, as per SEBI rules the allotment is accomplished by lottery basis. This lottery is an impartial computerized process of the allocation of shares to the investors.

    When any Company intend to bring IPO in the market then SEBI approval is required in this regard. The draft prospectus which contains all the details of the Company, promoters, directors, lead manager, Registrar,  company financials, issue price,utilization of IPO proceeds and other IPO details, is required to submitted to SEBI for approval and once the approval of prospectus is done by the SEBI, then Company steps forward to list its shares on exchange.

    Client can apply an IPO application through net banking, custom software of stockbrokers (like GCL through link If client opt to apply through custom software then client will receive UPI mandate on their specified App (like BHIM, Phonepe, Google pay etc.). Client will have to accept that mandate sent on their App. Thereafter amount will get blocked till allotment of shares. Once, client receives allotment, then said application amount will get debited from their bank account. In case, clients do not receive allotment of shares, then the amount will get released. When the shares get listed on the exchange at that time clients can sell their allotment as per their choice.

    Eligibility Criteria

    Any adult individual who can enterin a legal contract iseligible as per norms to apply in an IPO. Though, it is required that the investor must have a PAN card issued by the Income Tax department.One should also need to have a valid trading account or a Demat account.

    It is repeatedly recommended to open a trading account along with the Demat account when you are looking to invest in an IPO for the first time. You can open a trading and Demat account with GCL.

    Benefit from an IPO

    • First-mover advantage

    When famous companiesannounce their IPO, we get a chance to buy the company’s shares at a much lower price. This is because in secondary market the reputed company’s share price may go up quickly.

    • For High returns

    If the company has good fundamentals, thenbuying shares of that IPO can be profitingfor you. Strong fundamentals of the company mean that it has a good chance of growing bigger. This can be advantageous to you as well. You stand a chance to earn good returns over the short as well as long-term.


    • For Listing gains

    When a company gets listed to stock exchange, it may be traded at a price that is either above or lower than the allotment price. Listing gain term is used when the opening price of an IPO is higher than the allotment price.

    Many factors affect listing gain of an IPO to perform well on listing day such as market demand, track records and positive bias. However, this is not true for always, it may also happen for a stock on first trading day that the stock price drops by the end.

    In that case, the investor may not get the long-term listing gains or good returns. So, if you are a trader interested in quick returns, it may be suitable. But for long term investors, it is important to identify a company that can offer high returns five or even ten years down the line, so for long term investor it is important to go through for fundamentals of that company.

    To sum up

    IPOs are very important and big events in the stock market. By investing in the right company, you stand a chance to earn good. But one should do proper research to identify the good performers from the rest.

    Amit Khare - AVP- Research
    Ganganagar Commodity Limited

  • Gold vs Fixed Deposits: Where Should You Invest In 2021?
    2021-02-15, By: System Administrator

    Source:- (goodreturns)

    What are the options that immediately strike your mind when you think about the safe instruments in terms of savings and yielding better returns? Generally speaking, gold and real estate are two of the most preferred options. Investment in property is a proper goal-based investment and requires a lot of planning and research but gold is something that every Indian wants to make a part of his or her investment portfolio. Especially for ladies, gold is always one of the top choices for investment.

    It goes without saying that gold has a significant role in Indian celebrations, especially in marriages wherein gold keeps weightage of at least 20-40% of the entire budget. And, that's what makes India the 2nd largest consumer of gold across the globe.

     As far reaping profits are concerned, gold gave a return of almost 28% in the year 2020 on Year-On-Year basis, beating all odds of Covid-19 pandemic, whereas Sensex witnessed a growth of 16% and FD returns stood at almost 6%.

    Due to Covid-19 pandemic, most of the economies across the world were hit badly. Further, the uncertainty on economic recovery drove investors to move towards safe havens of investments, which supported gold prices additionally. Moreover, the production cost of gold at international level has witnessed a jump amid Covid-19 spread, which eventually gave a boost to gold prices.

    Now, we are in the year 2021, and pretty well optimistic on gold because of multiple domestic and international reasons. If we pay attention to global economic scenarios, in its first press conference of 2021, the US Fed has predicted slower growth this year. Fed has kept its asset purchase budget intact at $120 billion per month. Fed chairman Jerome Powell agreed that road to recovery will be much slower and longer than what it was originally estimated by top economists. Powell made it clear that the Fed intends to maintain its current monetary policy of low-interest rates, a massive accumulation of treasuries and mortgage-backed securities.

     Interestingly, the Fed has kept interest rates at near to 0 and has promised to keep it unchanged for at least 3 more years, which makes the opportunity cost of gold 0 for US investors. US government has authorised stimulus package of $900 billion, which is creating excess liquidity in the market and leading to higher inflation which will be supportive of gold prices.

    Now, taking Indian scenarios into account is also important because India is the second-largest importer of gold. Last year, we witnessed a downfall in gold import because marriages and other celebratory functions were postponed due to government guidelines on lockdown in the view of COVID-19 pandemic.

     Keeping the current Covid-19 situation in mind (when the vaccine has been given approval), celebratory functions which were postponed last year are most likely going to happen this year and this will create a huge demand for gold in India.

    Secondly, Covid-19 has given a boost to usage of digital payments apps like Paytm, PhonePe and others. And, now most of the people in India are familiar with these digital payment apps. Noteworthy, these apps are offering a hassle-free mode of gold purchase and accumulation, which is now attracting a number of digital investors.

    Further, the sovereign gold bond has also got acceptance and becoming part of the portfolio of many long term investors. Now, if we compare gold with FD, risk-taking appetite of investor should always be considered and taken into account. Gold has given almost 100?solute returns in the last 10 years, 15% in the last 5 years, 20% in the past 3 years and 28% in the year 2020 despite Covid-19 pandemic.

    Gold return in the last 10 years

    FD interest rate is almost 5-6% in almost all the leading banks in India, and 7% in some of the comparatively smaller banks, which is just above the inflation rate, which was 4.95% in 2020, and 3.75% currently in 2021, and much lower than gold returns of the past 10 years. Also, as the government is enhancing liquidity through stimulus packages, we expected a higher inflation rate in 2021. So, for long term investment, one should go for gold investment which always gives security against inflation in long term.


    a Further, I think Sovereign Gold Bonds are the best investment tool for investing in gold.

    1. It gives you a fixed return of 2.5%* on yearly basis, irrespective of gold actual performance.

    2. Sovereign gold bond is issued in accordance with the Government Security Act of 2006 by the Reserve Bank of India, on behalf of the central government. Such immense government backing makes sovereign gold bonds one of the safest forms of investments available in India. Whereas FDs are backed by banks only.

    3. The sovereign gold bond can be traded in the secondary market. It means you can exit at any point of time without any penalty. On the other hand, if you break your FD or want money in between, you have to compromise the returns.

    4. The capital gains tax arising on the redemption of SGB to an individual has been exempted. The indexation benefits will be provided to long term capital gains arising to any person on transfer of bond.


    *These interest rate is notified by RBI at the time of the release of bonds, and it may vary in future Overall, we can say, as we have seen in the past that the performance of gold is very good as compared to FD, hence, we expect the same in future as well. Due to high liquidity and expectations of higher inflation, gold will continue to give good returns as compared to FD due to low-interest rates.

  • Home First Finance Company India Ltd. IPO
    2021-01-21, By: System Administrator

    Home First Finance Company India Ltd. IPO

    About Company: Based out of Mumbai Home First Finance Company (HFFC) Limited (MFL) is a non-banking financial institution registered with the Reserve Bank of India (RBI). They started operations in 2010, the company turned profitable in 2014. The company is currently valued at more than Rs.850 crores.

    Home First Finance Company (HFFC) offers a wide range of services in the home loan segment. It blends technology and personalisation, so the loan process is easy and hassle-free. It is the most preferred bank by all kinds of people for any financial service. Packed with exclusive benefits, Home First Finance Company (HFFC) Home Loans are tailor made catering to the needs of various customers.

    IPO Overview:

    Company Name

    Home First Finance Co. Ltd.

    Company Type

    NBFC - Housing Loan

    YoY (Year on Year) Company Growth

    Very Good

    Share Valuation


    Future Prospect






    Strength of Company:

    It is a technology-driven company with scalable business model. It has diversified source of lead generation. Robust collections management system wherein approximately 93 percent of collections for the financial year.



    For the year/period ended (rs in million)







    Total Assets






    Total Revenue






    Profit After Tax







    IPO Details:

    IPO Opening Date

    Jan 21, 2021

    IPO Closing Date

    Jan 25, 2021

    Issue Type

    Book Built Issue IPO

    Face Value

    Rs 2 per equity share

    IPO Price

    Rs 517 to Rs 518 per equity share

    Market Lot


    Min Order Quantity


    Listing At

    BSE, NSE

    Issue Size

    [.] Eq Shares of Rs 2
    (aggregating up to Rs 1,153.72 Cr)

    Fresh Issue

    [.] Eq Shares of Rs 2
    (aggregating up to Rs 265.00 Cr)

    Offer for Sale

    [.] Eq Shares of  Rs 2
    (aggregating up to Rs 888.72 Cr)


    How to apply:

    GCL customers can apply online in Home First Finance IPO using UPI as a payment gateway. GCL customers need to visit website and submitting an IPO application form.

    Steps to apply in Home First Finance IPO through GCL Web Portal

    1. Visit the GCL website and click on Apply E-IPO link at the top of the website.
    2. Scroll down and click on Apply IPO Online.
    3. Click on the 'Home First Finance Company India Ltd' row, it will show details of the IPO. Click on Apply at the end of the page.
    4. Enter your UPI ID, Quantity, and Price.
    5. Enter your PAN number if you are registered with GCL(you need to fill more details if you are not registered with GCL)
    6. Click on Submit it will show your Application number, save it for checking the IPO Status.
    7. Go to your mobile UPI app and approve the IPO request.

    You can also watch a demo video on our YouTube channel through this link.

    Our View:

    It seems to be a good IPO as YoY growth is tremendous and NPA ratio is very small, company has scalable business model and supported by latest technology. Valuation are moderate comparing to its peers, however it will be adjusted in its future financials.


    DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor before making any actual investment decisions, based on information published here. Any reader taking decisions based on any information published here does so entirely at its own risk. Investors should bear in mind that any investment in stock markets is subject to unpredictable market-related risks. The above information is based on RHP and other documents available as of date coupled with market perception. The author has no plans to invest in this offer.




  • How To Build A Career In Stock Market
    2020-12-07, By: System Administrator

    A career within the stock exchange is an option which will provide consistent growth with no barriers in age limits.

    Have you ever been awestruck by images of worked-up and excited stockbrokers in television and popular movies just like the Hollywood flick ‘The Wolf of Wall Street’? have you ever ever wondered how stockbrokers build millions in wealth but never known the way to get into their footsteps? have you ever ever thought of making a career within the stock market?

    If yes, the Dalal Street in Mumbai, the financial capital of India, or the Wall Street in NY, USA, are the simplest destinations for you. These places are famous for his or her stock markets that hold the lure of immense money through investment in shares.

    Stock market may be a place where buyers and sellers trade shares of companies. A career within the stock exchange is an option which will provide consistent growth with no barriers in age limits.

    There is a myth that only those with an academic background in commerce can make a career within the stock exchange. Nothing is farther from the truth than this.

    Scope in India for a career within the stock exchange

    At present, the GDP of India is roughly $2.8 trillion. This is expected to cross the $5 trillion mark within the next few years. It clearly reflects the expansion of capital markets within the country. With the private sector expanding ever more, the scope for jobs with income is additionally growing. A trend has also been noticed amongst judicious workers to require an edge their income within the stock market for quick growth of their wealth. However, not most are equipped with the expertise or the knowledge to affect the nitty-gritties of the stock exchange. The role of a stockbroker comes in handy at this stage.

    Remuneration for stockbrokers

    A study conducted by a stock broking company in 2019 showed that the typical per month remuneration during this field has grown almost five-fold within the past 10 years. For the judicious and intelligent stockbroker, who is capable to create excellent portfolios for his clients, the sky is that the limit as far as remuneration cares. There are samples of stock consultants earning as high as Rs 5 crore once a year.

    Job roles within the stock exchange

    In a stock exchange, you'll either work as a full-service broker or a reduction broker counting on the stock-broking firm during which you're employed. With adequate experience under your belt, you'll raid becoming an entrepreneur with a stock-broking firm for yourself.

    You can also work as a portfolio manager where you help your clients balance their investments in purchasing shares of varied companies by exposing them to the smallest amount of risk within the volatile market. As a portfolio manager, you've to form a basket of stocks for your clients consisting of equity and debt shares.

    There are several top stockbroking firms, particularly in metro cities, that often employ men with the requisite qualifications and knowledge. Freshers also are hired as interns.For becoming a stockbroker, you'd wish to register with the Securities and Exchange Board of India (SEBI).

    Where are you able to work?

    As per a report published during a number one financial daily, there are over 6,500 registered stock brokers with the Securities and Exchange Board of India. The BSE or the NSE are perfect launchpads for those interested to form a career during this profession. There are many stockbroking and investment consultancy firms too that provide various job prospects.

    What does one get to study?

    A background in commerce is useful for entering the stock exchange though it's conditionally necessary. during a departure from other professions where you would like to find out skillsets through academic degrees, the stock exchange is one place where you learn from experience by exposure to the market.

    A course within the stock exchange is useful though since operations are computerized, highly technical and are managed by specialists with long years of experience. There are several institutes across the country offering studies within the capital market with certificate courses having a duration of six months to at least one year or more.

  • 5 skills needed to get a job in the stock market
    2020-12-07, By: System Administrator

    To be one of the stock market experts, you need a lot more than just investment capital and a three-piece suit. Here are 5 skills you need to get a job in the stock market.


    • A stock market job can be a great way to create income.
    • Certian important skills you must have are analytical, research, and record-keeping skills.
    • A stock marketer must also not panic due to losses.

    People generally believe that trading in the stock market is one of the better sources of creating income. It is believed that anyone can become a trader or investor, but to be one of the stock market experts takes a lot more than just investment capital and a three-piece suit.

    The major difference between a successful professional and a losing trader depends on acquiring essential skills. To have a successful stock market job, one must master the following skills:

    1. Analytical skill

    The ability to do quality market analysis is fundamental to success in trading. Stock market experts develop their skills in being able to analyse and understand all information relevant to the shares, stocks they trade in.Analytical skills are important because they enable a professional to understand, identify, and use trends for their benefit. As one analyses a market and spots patterns and trends, it’s necessary to work out which technical trading approaches are involved.Focusing less on the cash to be made, and more on taking the proper action at the proper time, is important for developing your analytical skills.

    2. Research skills

    Stock market professionals need to have a healthy thirst for information and a desire to find all the relevant data that impacts the stocks and sectors they trade in.

    Many professionals create calendars of financial releases, political and industrial movements and major announcements that can impact the stock markets. With a strong hold on these information sources, experts are ready to react to new information because the market remains digesting it.Stock market experts should maintain data, do diligent market research and analysis. They should identify the strongest segment and stocks of the market and utilize it to increase profit.

    For a stock marketer, good research allows them to make better decisions and helps in avoiding loss-making mistakes.

    3. Don’t panic due to losses

    People new to a stock market job often panic when they suffer a loss. Thus, it's said the stock exchange isn't for the weak-hearted.

    It is vital that the knowledgeable should be prepared for all circumstances and keeps calm especially when a loss strikes.Generally in a panic situation, one tends to take the wrong decision that worsens the situation. A successful stock exchange expert maintains cool and keeps calm even within the most unfavourable situations to bring things back in check.

    4. Maintaining records

    One of the most vital skills in the stock market is maintaining and keeping records. Experts learn from their trading mistakes. One of the great habits that make true professionals is that of keeping a trading journal.Keeping a trading journal and regularly reading back through it provides one of the quickest and easiest ways to identify what one is doing right and what he/she is doing wrong.

    5. Patience and discipline

    Patience and discipline and are two very closely related skills that every stock market professional needs in abundance.Staying within the market is vital because it allows one to experience both the highs and therefore the lows, which helps the professional to find out and make necessary adjustments in trading.

    An expert must be disciplined and patient so as to stay with it, especially on days when losses are happening.Skills are learned with a bit of effort, professionals can improve their analytical skills, research abilities, handling losses, maintaining records, and patience and discipline. Make the required efforts to become a talented trader and stock marketer. The market definitely rewards those who hard work.Becoming a master isn’t easy, but it's possible and well worth the effort. If one starts performing on these skills today, instead of putting it off until tomorrow, then he/she is at some point closer to creating financial dreams a reality.

  • Terror, death, devastation in Lebanon explosion
    2020-08-05, By: System Administrator

    The death toll from the Beirut blast is now 100, according to the Red Cross.

    At least 100 people have died and more than 4,000 were wounded in Tuesday’s explosion in the port of Beirut, state-run media reported, citing the Red Cross.

    Georges Kettaneh, the secretary-general of the Lebanese Red Cross, told Lebanon’s National News Agency Wednesday that the disaster is "unprecedented and very large."

  • This week in Auto: Car sales tumble in April, Hero bets on premium bikes yet again
    2019-05-04, By: System Administrator

    Demand for vehicles overall continued to remain sluggish for the sixth consecutive month as buyers preferred to stay away from showrooms despite the mouth-watering discounts. But Hero is betting on a turnaround and has lined up investments for not just a new factory but new products in segments which have never clicked for it.

    Today's wrap focuses on Hero taking another shot at the premium bike segment. Here is a list of all the important automotive stories that made headlines during the week.

    Toyota readies Glaza for June launch


    Japanese carmaker, Toyota, recently teased the Indian market with its upcoming hatchback, the Glanza. Touted as a rebadged Baleno, the Glanza is the first child of Toyota and Suzuki's recently formed partnership.

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    As per the collaboration, Toyota and Suzuki have agreed to share platforms and work together for developing EVs for the international market. While their projects are underway, the Glanza is reportedly on its way to the Indian markets soon

     Hero to set up new plant amid sales slump

    Hero MotoCorp, the country's largest two-wheeler manufacturer, will infuse Rs 1,500 crore in FY20 for setting up a new factory as well as for upgrading products to meet Bharat Stage VI (BS-VI) emission norms, which will come into effect from April 2020. Capital expenditure (capex) will nearly double as compared to last fiscal's Rs 800 crore.

    Hero MotoCorp, the country's largest two-wheeler manufacturer, will infuse Rs 1,500 crore in FY20 for setting up a new factory as well as for upgrading products to meet Bharat Stage VI (BS-VI) emission norms, which will come into effect from April 2020. Capital expenditure (capex) will nearly double as compared to last fiscal's Rs 800 crore.

    The Delhi-based manufacturer of Splendor and Passion is setting up a new plant at a time when its peers are initiating production holidays and cutting back on output due to fall in sales for the past two consecutive quarters and higher inventory at dealers end (currently pegged at 50-90 days from 30-45 normally).

    Maruti Suzuki may move Brezza production to Toyota

    Maruti Suzuki, India's largest carmaker, may completely shift the production of its compact SUV Vitara Brezza to Toyota plants in Karnataka.

    If the company goes ahead, this will be the first of its kind move as Maruti has not outsourced the production outside the Suzuki fold till now.

    Hero launches new bikes

    The country's largest two-wheeler maker Hero Motocorp on May 1 launched three new premium bikes priced between Rs 94,000 and Rs 1.05 lakh (ex-showroom Delhi), with an eye on a leadership position in the segment.

    The 200-cc X Pulse 200T is priced at Rs 94,000, adventure bike X Pulse 200 is tagged at Rs 97,000 and Rs 1.05 lakh (with fuel injection), while the Xtreme 200S is priced at Rs 98,500 (all prices ex-showroom Delhi).

    At one go, the two-wheeler market leader launched three new bikes, all in the premium category at prices that are nearly double than its largest-selling motorcycle Splendor.

    The launches come despite a chequered past of the Delhi-based company where nearly a dozen models were launched by it in the premium motorcycle segment (150cc and above) over the past two decades.

    Consumers rejected these launches repeatedly forcing Hero to stop their production. A 150cc off-roader (a first by Hero) Impulse was axed within three years of its launch.

    The concept of off-roading bikes did not exist in India at that time and it is recent that it is picking up. It is mostly the expensive 800-1000cc imported and assembled bikes of Triumph and Ducati that make up the micro off-road bikes segment.

    CBZ, CBZ Xtreme, Hunk, Impulse, Achiever, CBZ Star, Xtreme 200R, Xtreme Sports, Karizma, Karizma ZMR are the variety of models that Hero launched to win over the hearts of performance seekers.

    However, Bajaj Auto managed to maintain an iron grip over this segment. Launched a full two years after the Hero Honda CBZ the Bajaj Pulsar continues to be the segment leader. Even Honda with its global renowned bike brands like CBR and home-grown ones like Unicorn have failed to dislodge Bajaj.

    Hero's decision to go after the premium segment has two reasons. The company acknowledges the fact that the economy segment (100cc) will shrink in the long run. Leaving aside data for last year when Bajaj started selling its 100cc at a loss to gain market share, the budget bike segment has been under duress.

    Hero has been known for its fuel-efficient bikes such as Splendor, Passion and HF Deluxe. It is natural for buyers to not associate Hero with power and performance products as Bajaj has already established itself in that category. Hero hopes that its new breed of premium bikes will tide over this perception.

    Hero's second reason to chase the premium segment is even more important. Profits are much higher in the premium segment than in the economy. Priced double than the economy bikes premium bikes return an average EBITDA margin of 20 percent.

    Such high margins, for instance, allows Bajaj Auto to absorb the loss on budget bikes like CT100 as it sells the Pulsar range at over 20 percent margins.

  • Used vehicles market may cross 7 m units by FY20: Report
    2019-05-04, By: System Administrator

    The pre-owned car market is expected to scale past the 7-million mark annually by FY22, having crossed 4 million in FY19, claims an industry report.

    At present, most leading car companies, both domestic as well as international ones, are into this segment and collectively enjoy around 60 percent of the market pie, while the rest is controlled by the unorganised players, Mahindra First Choice Wheels, the pre-owned vehicles arm of the Mahindra group, claimed in a report May 3.

    As many as 4 million used cars were sold in the country in FY19, which was 1.2 times of the new car market that stood at 3.4 million units, it said.

    According to study, dealer footprint has come down due to macroeconomic factors, especially affecting unorganized dealers but organised dealers could grow 19 percent.

  • What is a derivative?
    2018-07-07, By: System Administrator
    Derivative is a financial instrument which is derived from another financial instrument and then traded as a product in its own right. Derivatives exist in all asset classes of the financial markets and are commonly used for hedging or speculating, so a company would buy currency forward contracts in order to hedge their risk of loss due to fluctuations in the exchange rate of two currencies. They're also one of the most brain-meltingly complicated to understand and can carry a huge amount of risk. The Important Categories of Derivatives: The Derivative products can be categorized into the following main types: 1. Forwards 2. Futures 3. Options 4. Swaps 5. Warrants and 6. Leaps & Baskets Types of Derivatives: 1. OTC (Over The Counter) OTC Derivatives are contracts that are traded/negotiated directly between the contracting parties. The OTC Derivative market is the largest market for derivatives and it is also the most unregulated. There is always an inherent risk of either of the parties not honouring the agreement. 2. ETD (Exchange Traded Derivatives) ETD is those that are traded via regulated/specialized trading exchanges. A derivative exchange acts as the intermediary for all transactions and requires an initial margin to be put up by both the parties of the trade to serve as a guarantee. In India NSE is one of the largest ETD exchange. Buying and Selling Derivatives are traded both on exchanges and Over The Counter (OTC). Exchange trading is either through 'open outcry' on the trading floor where traders shout prices to each other and use hand signals or through electronic trading systems. Very few exchanges these days go for open outcry. OTC trading of derivatives is a bit less transparent and a bit more risky. Privately negotiated, customized contracts are traded directly between buyer and seller which means each side is exposed to the risk of default by the other side. In reality, traders tend to use both OTC and exchange trading alongside each other to hedge their risk. Problems with Derivatives: 1. Possibility of Huge Losses - The unregulated use of Derivatives can result in huge losses due to the use of Leverage or Borrowing. It is a well known fact that Derivatives allow investors to gain huge sums of money from small movements in the underlying asset's price. However, investors can lose huge amounts of money if the asset moves in the opposite direction. There have been a lot of instances where investors have lost significant amounts of money due to Derivatives. 2. Counterparty Risk - This is the risk that arises if either of the contracting parties fails to honour his end of the contract. This is very common in OTC Derivative products. 3. Posing high risk to small/inexperienced investors - Since the Derivative markets give an opportunity for an individual to earn huge profits, its often lucrative to small/inexperienced investors as well. Speculation in the Derivatives market requires great knowledge of the market and the future price movements on the asset over which the derivative is formed to ensure profit. Futures and Options A future is a contract to buy or sell an asset for a specific price at a pre-determined time. If you buy future contract, it means that you promise to pay the price of the asset at a specified time. If you sell a future, you effectively make a promise to transfer the asset to the buyer of the future at a specified price at a particular time. An option gives the holder of the asset the right to have the opportunity buy or sell the underlying asset at a pre-determined price. An option can be a 'call' (the right to buy) or 'put' (the right to sell). Who buys and sells derivatives... The vast majority of financial institutions don't specialize in one asset class only — they buy and sell a wide variety of instruments to manage their risk and turn a profit. These can include fund managers, hedge funds, corporate treasurers and the government and are referred to as the 'buy side' of the market. Hedge funds in particular have driven the huge increase in derivatives trading volume in recent years. A hedge fund is an investment fund used by pension companies or high net worth individuals to make profit on the money they hold.
  • How To Save Tax In India
    2018-07-07, By: System Administrator
    When it comes to pay tax do you get these questions in your mind you feel that you are paying excess tax? Do you think that you can save tax? Your tax planning is proper? These are certain steps to follow to save tax. 1. Revise salary and save tax When you are in job you face many small expenses, which you are required to make. It include your traveling expenses, your expenditure on entertaining clients, study material like books, journals that you need to buy to keep yourself well-informed. These are all part of those expenses that you are forced to do. Therefore you need extra money besides salary to fulfill your requirements. 2. Rent Payment If we are on rent accommodation and we if we don’t get any rent allowance from company than we cannot show it as investment. Employers give away a part of your remuneration as House Rent Allowance. However, you cannot get complete benefit of HRA for tax saving. 3. Leave Travel Allowances and Medical Expense You will also get benefit in tax if you produce medical bills. But this depends on cases where the company provides medical allowance to its employees. Therefore it is important to keep a record of all medical bills in a year. However, it is limited to Rs 15,000 in a financial year. Receipts of medical expenses of your relatives and dependents can also be used. 4. Invest and Reduce Taxable Income Make certain investments under section 80C to get rebate in tax. This amount invested is deducted from the taxable income. Many of such investments come under EEE category. It means you need not to give tax at the time of investment, earning and redemption. List of Investments Which Saves Tax Contribution to EPF account Employee Provident Fund is a retirement saving instrument. Contribution to the EPF is mandatory for the employees of organized sector. The employer also contributes equal amount in the EPF account of employee along with the amount deducted the same amount from the employee’s salary. The contribution to EPF by employer is tax exempt, while contribution by the employee is tax deductible under section 80C. Deposit in PPF account PPF account is a government saving scheme, but run for a long term. Anyone can open the PPF account in SBI, post office or other banks. Under section 80C the PPF account provides tax deduction. Investments in tax saving mutual funds like the Equity linked saving scheme are diversified mutual fund scheme. The ELSS invests in share market. It has potential of highest return. Sukanya Samriddhi Account It is a saving scheme for the girl child by the government. It gives highest return among all the small saving schemes. The investment and maturity amount is tax-free. Tax Saving Fixed Deposit Fixed deposit for tax saving is just like any other fixed deposit of bank. The only difference is the lock in period of 5 years. The interest earning of tax saving FD is subject to tax. National Saving Certificate (NSC) It is post office small saving scheme. The national saving certificate is issued for 5 years. The interest rate of this scheme is 8.5%. the NSC gives tax benefit under section 80C. The interest is subject to tax. Senior Citizen Saving Scheme This is a small saving scheme by the government, designed for senior citizens. This scheme gives regular income. The interest rate of senior citizen saving scheme is better than NSC or PPF. 5. Expenses Eligible for Tax Saving Some expenses are also added in the expenses eligible for tax saving to amount limit of 1.5 lakh deductions. Tuition fees for self and children Insurance scheme premium Home loan principal payment- Home loan EMI has two-part, principal and interest. However, the expenses should not exceed 1.5 lakh limits. 6. Medical Insurance Deduction Medical Insurance expense gives you the deduction, over and above the 1.5 lakh limit. Health insurance premium of the family members also helps to save tax. Even time to time health checkup done will save tax. You can deduce these expenses from your total taxable income. 7. Enjoy Tax Benefit on Home Loan Interest Payment Home loan interest payment enjoys separate tax saving. It can give a very big tax saving. To get complete benefit the loan amount should be big. 8. Set off Capital Gain, Save Tax Salaried people need to give capital gains tax on their investments. Shares attract only short-term capital gains tax while property and gold attract both short and long term capital gains taxes. However, you can set off your capital gain from an investment with the capital loss of another investment. The capital loss can be carry forward to 8 years. This will give a fairly good chance of tax saving on account of capital loss. Suppose you incur trading loss in shares. This loss can be carried forward up to seven years. In subsequent years your trading profit can be set off with this big loss. 9. Giving Away Money For Charity, Why Pay Taxes You can save tax on your donations. Donations to the PM relief fund, some notified NGO and political parties can give you the 100% tax benefit. You can also donate to scientific institutions and religious body and claim tax rebate. 10. On Time Tax Declarations And Investments Practically, this is the most important tip of tax saving. Employers need to pay advance tax every quarter. Therefore, they deduct TDS every month from your salary. The TDS is deducted according to your projected tax liability for that financial year. If you don’t declare your planned tax saving, investment and expenses of the year, the projected tax will be higher. Accordingly, the employer would start deducting TDS every month for the first quarter of the financial year. It may happen that when you declare all of your tax saving instruments, it has become very late. The company may have cut more TDS than required. Of course you can claim tax refund while filing income tax return, but for the time being you pay extra taxes. So, give a tax declaration at the beginning of the year.
  • Bombay Stock Exchange
    2018-07-07, By: System Administrator
    The Bombay Stock Exchange (BSE) is Asia's oldest stock exchange. Based in Mumbai, India, BSE was established in 1875 as the Native Share & Stock Brokers' Association. Prior to that brokers and traders would gather under banyan trees to conduct transactions. BSE functions as the first-level regulator in the securities market, providing monitoring and surveillance mechanisms that are able to detect irregularities and manipulations in stock prices. The Exchange also provides counter-party risk management in all transactions that take place on its trading platform through its clearing and settlement services. Shares of more than 5,000 companies are traded on BSE. In addition to equity and debt, the Exchange allows for trading of mutual fund units and derivatives. Bombay Stock Exchange was recognized as an exchange under the Securities Contracts (Regulation) Act in 1957. Its benchmark index, the Sensitive Index (Sensex) was launched in 1986. In 1995, the BSE launched its fully automated trading platform called BSE On-Line Trading system (BOLT) which fully replaced the open outcry system. In 2005, the Exchange changed from being simply an association of brokers to become a corporate entity. The administrative structure of the Exchange is headed by a board of directors, below which is a governing council and management that presides over its day-to-day functioning. Bombay Stock Exchange is the oldest stock exchange in Asia with a rich heritage, now spanning three centuries in its 133 years of existence. What is now popularly known as BSE was established as "The Native Share & Stock Brokers' Association" in 1875. BSE is the first stock exchange in the country which obtained permanent recognition (in 1956) from the Government of India under the Securities Contracts (Regulation) Act 1956. BSE's pivotal and pre-eminent role in the development of the Indian capital market is widely recognized. It migrated from the open outcry system to an online screen-based order driven trading system in 1995. Earlier an Association Of Persons (AOP), BSE is now a corporatized and demutualised entity incorporated under the provisions of the Companies Act, 1956, pursuant to the BSE (Corporatization and Demutualization) Scheme, 2005 notified by the Securities and Exchange Board of India (SEBI). With demutualization, BSE has two of world's best exchanges, Deutsche Bores and Singapore Exchange, as its strategic partners. Over the past 133 years, BSE has facilitated the growth of the Indian corporate sector by providing it with an efficient access to resources. There is perhaps no major corporate in India which has not sourced BSE's services in raising resources from the capital market. Today, BSE is the world's number 1 exchange in terms of the number of listed companies and the world's 5th in transaction numbers. The market capitalization as on December 31, 2007 stood at USD 1.79 trillion. An investor can choose from more than 4,700 listed companies, which for easy reference, are classified into A, B, S, T and Z groups. The BSE Index, S&P BSE SENSEX, is India's first stock market index that enjoys an iconic stature and is tracked worldwide. It is an index of 30 stocks representing 12 major sectors. The S&P BSE SENSEX is constructed on a 'free-float' methodology, and is sensitive to market sentiments and market realities. Apart from the S&P BSE SENSEX, BSE offers 21 indices, including 12 sectoral indices. BSE has entered into an index cooperation agreement with Deutsche Bores. This agreement has made S&P BSE SENSEX and other BSE indices available to investors in Europe and America. Moreover, Barclays Global Investors (BGI), the global leader in ETFs through its iShares® brand, has created the 'iShares® S&P BSE SENSEX India Tracker' which tracks the S&P BSE SENSEX. The ETF enables investors in Hong Kong to take an exposure to the Indian equity market. The first Exchange Traded Fund (ETF) on S&P BSE SENSEX, called "SPIcE" is listed on BSE. It brings to the investors a trading tool that can be easily used for the purposes of investment, trading, hedging and arbitrage. SPIcE allows small investors to take a long-term view of the market. BSE provides an efficient and transparent market for trading in equity, debt instruments and derivatives. It has a nation-wide reach with a presence in more than 359 cities and towns of India. BSE has always been at par with the international standards. The systems and processes are designed to safeguard market integrity and enhance transparency in operations. BSE is the first exchange in India and the second in the world to obtain an ISO 9001:2000 certification. It is also the first exchange in the country and second in the world to receive Information Security Management System Standard BS 7799-2-2002 certification for its BSE On-line Trading System (BOLT). BSE continues to innovate. In recent times, it has become the first national level stock exchange to launch its website in Gujarati and Hindi to reach out to a larger number of investors. It has successfully launched a reporting platform for corporate bonds in India christened the ICDM or Indian Corporate Debt Market and a unique ticker-cum-screen aptly named 'BSE Broadcast' which enables information dissemination to the common man on the street. In 2006, BSE launched the Directors Database and ICERS (Indian Corporate Electronic Reporting System) to facilitate information flow and increase transparency in the Indian capital market. While the Directors Database provides a single-point access to information on the boards of directors of listed companies, the ICERS facilitates the corporates in sharing with BSE their corporate announcements. BSE also has a wide range of services to empower investors and facilitate smooth transactions: Investor Services: The Department of Investor Services redresses grievances of investors. BSE was the first exchange in the country to provide an amount of Rs.1 million towards the investor protection fund; it is an amount higher than that of any exchange in the country. BSE launched a nationwide investor awareness programme- 'Safe Investing in the Stock Market' under which 264 programmes were held in more than 200 cities. The BSE On-line Trading (BOLT): BSE On-line Trading (BOLT) facilitates on-line screen based trading in securities. BOLT is currently operating in 25,000 Trader Workstations located across over 359 cities in India. In February 2001, BSE introduced the world's first centralized exchange-based Internet trading system, This initiative enables investors anywhere in the world to trade on the BSE platform. Surveillance: BSE's On-Line Surveillance System (BOSS) monitors on a real-time basis the price movements, volume positions and members' positions and real-time measurement of default risk, market reconstruction and generation of cross market alerts. BSE Training Institute: BTI imparts capital market training and certification, in collaboration with reputed management institutes and universities. It offers over 40 courses on various aspects of the capital market and financial sector. More than 20,000 people have attended the BTI programmes
  • Important functions of stock exchanges
    2018-07-07, By: System Administrator
    There are certain important functions discussed while talking about stock exchange. 1. To go for fair price: We get fair prices from stock exchanges for securities traded on them. Prices of securities are determined through continuous trading activity in stocks and debentures. 2. Industrial financing: A country’s industrial development is due to the availability of capital. Capital required for investment in industries comes from stock exchanges. 3. Pricing of Securities: Demand and supply factors help to value the securities of the stock market. The growth oriented companies with securities of profitable are taken as high value. For investors this valuation of securities is very useful. 4. Regulation of the corporate sector: Documents of listed companies are mandatory to be submitted in the stock exchange like the annual returns, and provide information regarding plans to merge with or acquire other companies. 5. Optimum resource allocation: Stock exchanges permit for maximum optimum allocation of scare capital resources. Capital is the most essential ingredient needed for businesses. Stock exchanges helps in allocation of capital to companies which are performing well and have potential for profitable growth in the future. 6. Investor education: Stock exchanges give vital information to the investors in their web sites, through advertisement in print media regarding the do’s and don’ts towards investing and encourage conduct of investor awareness programs. This enables investors both in the urban as well in rural areas to become aware of stock market investment and make prudent investment decisions. 7. Mobilization of savings: Stock exchanges play an important role in mobilizing savings of individuals and institutions. Savings so mobilized can be utilized to invest in various projects boosting industrial and economic development of a country. 8. Protection of investors: Companies that are listed in the stock exchanges have to follow certain rules and regulations. They have to submit various documents and returns and provide information regarding any important activity they plan to undertake. Stock exchanges have formulated regulations to ensure safety of investor’s funds. 9. New venture creation: Stock exchanges enable creation of new ventures. Any new venture requires financing. Stock exchanges are an important avenue for new ventures to raise capital for meeting their capital needs. The stock exchange has aided new venture creation by enabling promoters to raise the required funds. For e.g. the phenomenal growth of Reliance can be attributed to the public issues of shares on a large scale which provided the company large funds to employ in large scale projects. 10. Meeting financial needs of government: The government requires funds to undertake various projects and government companies need funds for expansion, diversification etc. The Central and State governments, municipal corporations, state financial corporations etc have raised crores through the issue of shares, bonds etc. 11. Continuous market for securities: The Investors are able to invest in good securities and in case of any risk, it enables people to switch over from one security to another. So stock markets provides a ready and continuous opportunities for securities. 12. Evaluation of securities: It the stock exchange, the prices of securities clearly indicate the performance of the companies. It integrates the demand and supply of securities in an effective manner. It also clearly indicates the stability of companies. Thus, investors are in a better position to take stock of the position and invest according to their requirements. 13. Mobilizes savings: The savings of the public are mobilized through mutual funds, investments trusts and by various other securities. Even those who cannot afford to invest in huge amount of securities are provided opportunities by mutual funds and investment trusts. 14. Healthy speculation: The stock exchange encourages healthy speculation and provides opportunities to shrewd businessmen to speculate and reap rich profits from fluctuations in security prices. The price of security is based on supply and demand position. It creates a healthy trend in the market. Any artificial scarcity is prevented due to the rules and regulations of the market. 15. Mobility of funds: The stock exchange enables both the investors and the companies to sell or buy securities and thereby enable the availability of funds. By this, the money market also is strengthened as even short-term funds are available. The banks also provide funds for dealing in the stock exchanges. 16. Stock exchange Protect investors: As only genuine companies are listed and the activities of the stock exchange are controlled, the funds of the investors are very much protected. 17. Stock exchange helps Capital formation: Stock exchange plays an active role in the capital formation in the country. Companies are able to raise funds either by issuing more shares through rights shares or bonus shares. But when a company wants to go in for diversification, they can issue the shares and raise more funds. Thus, they are able to generate more capital and this promotes economic growth in the country. 18. Proper Canalization of Capital: Stock exchange directs the flow of savings into the most productive and profitable channels. 19. Regulation of Company management: The companies, which want to get their securities listed in the stock exchange, should have to follow certain rules and fulfill certain conditions. Thus stock exchanges safeguard the interest of the investing public and also regulate company management. 20. Barometer of Business Progress: Stock exchanges function as a barometer of the business conditions in the country. Booms and depressions are reflected by the index of prices of various securities maintained by the stock exchange. By analyzing the ups and downs of the market quotations, the causes for the changes in the business climate can be ascertained.
  • Understand NSE in Stock Market
    2018-07-05, By: System Administrator
    National Stock Exchange also called NSE, is a leading stock exchange in India. It is located in Mumbai and was established in November 1992. It is the first electronic trading platform in India. How to trade on NSE? NSE is an electronically enabled stock exchange. You and other buyers, enter your trades (shares you wish to buy), on the trading terminals of your broker. Your trades are then transmitted, across the entire trading network of the stock exchange. It is compulsory for you to deal with a registered stock broker, if you want to buy/sell shares on the NSE. The electronic system then matches the buy order, so that your buy order is executed, at the price you specify or lower. If your buy order is higher than other investors, it is matched first. When you are interested to sell trade in that case you and other sellers, enter your trades on the trading terminals of your broker. Your trades are then transmitted, across the entire trading network of the NSE. The electronic system of the NSE, then matches the sell order, so that your sell order is executed, as per your required price. If your sell order is lower than other investors, it is matched first. When you buy or sell shares on the NSE, your identity is kept a secret. In case you execute your NSE as same price of another investor. In that case if your order placed first, then your order gets executed first. What is clearing corporation of the NSE? If in case you want to buy shares which are listed on the NSE, then keep the money ready for buying these shares. If you are selling shares, you need to keep them ready for delivery. This is known as the pay-in process. After the pay-in process, you have what is the pay-out. According to it when you buy shares listed on the NSE, you are given these shares. If you sell shares, you get the money for these shares.This process of exchanging money and shares is called settlement. A clearing corporation takes care of the settlement process. The National Securities Clearing Corporation Ltd (NSCCL) is the clearing house of the NSE. The clearing house is nothing but a counterparty, to avoid any defaults. It functions as a buyer to the seller and a seller to a buyer. The clearing house collects money from you, called margin money, to avoid any defaults. If you default (do not pay for the shares you buy), NSCCL uses the margin money you have provided, to settle your commitments. NSE offers capital raising abilities for corporations and a trading platform for equities, debt, and derivatives including currencies and mutual fund units. It allows for new listings, initial public offers (IPOs), debt issuances and Indian Depository Receipts (IDRs) by overseas companies raising capital in India.S&P CNX Nifty is the benchmark index introduced by NSE. The exchange offers clearing and settlement services through its wholly-owned unit, the National Securities Clearing Corporation set up in 1995. The other main subsidiaries/ associate companies of NSE include the National Commodity Clearing, National Securities Depository (which is the repository of all securities in electronic form), and National Commodity and Derivatives Exchange. Your dreams could come true. NSE could become part of your portfolio. Be Wise. Get Rich.
  • After Hours: Key Movers And Shakers Of Monday's Market
    2018-06-06, By: System Administrator
    Heavy selling in financials, fmcg and telecom stocks dragged the market lower on monday. The 30-share pack of bse lost 215 points, or 0.61 per cent, to end at 35,011, while nses nifty50 index shed 68 points, or 0.63 per cent, to close at 10,628, with 15 constituents ending in the green and 35 in the red.
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