Bombay Stock Exchange

The Bombay Stock Exchange (BSE) (Hindi : मुंबई शेअर बाजार Bombay Śhare Bāzaār) (formerly, The Stock Exchange, Bombay) is the oldest stock exchange in Asia and largest number of listed companies in the world, with 4990 listed as of August 2010.[2][3] It is located at Dalal Street, Mumbai, India. On Aug, 2010, the equity market capitalization of the companies listed on the BSE was US$1.39 trillion, making it the 4th largest stock exchange in Asia and the 11th largest in the world.[4] With over 4,990 Indian companies listed & over 7700 scrips on the stock exchange,[5] it has a significant trading volume. The BSE SENSEX (SENSitive indEX), also called the "BSE 30", is a widely used market index in India and Asia. Though many other exchanges exist, BSE and the National Stock Exchange of India account for most of the trading in shares in India. The Bombay Stock Exchange is the oldest exchange in Asia. It traces its history to the 1850s, when 4 Gujarati and 1 Parsi stockbroker would gather under banyan trees in front of Mumbai's Town Hall. The location of these meetings changed many times, as the number of brokers constantly increased. The group eventually moved to Dalal Street in 1874 and in 1875 became an official organization known as 'The Native Share & Stock Brokers Association'. In 1956, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act. The Bombay Stock Exchange developed the BSE Sensex in 1986, giving the BSE a means to measure overall performance of the exchange. In 2000 the BSE used this index to open its derivatives market, trading Sensex futures contracts. The development of Sensex options along with equity derivatives followed in 2001 and 2002, expanding the BSE's trading platform. Historically an open outcry floor trading exchange, the Bombay Stock Exchange switched to an electronic trading system in 1995. It took the exchange only fifty days to make this transition. This automated, screen-based trading platform called BSE On-line trading (BOLT) currently has a capacity of 80 lakh orders per day. The BSE has also introduced the world's first centralized exchange-based internet trading system, to enable investors anywhere in the world to trade on the BSE platform. [7] . The BSE is currently housed in Phiroze Jeejeebhoy Towers at Dalal Street, Fort area. 19 October 2010 BSE today introduced the 15-minute special pre-open trading session, a mechanism under which investors can bid for stocks before the market opens. The mechanism, known as 'pre-open session call auction', lasted for 15 minutes (from 9:009:15 am). [9]


• • • The Annual Reports and Accounts of BSE for the year ended March 31. The Human Resource Management at BSE has won the Asia .[8] The National Stock Exchange of India was promoted by leading Financial institutions at the behest of the Government of India. although this has not yet occurred. The Capital market (Equities) segment of the NSE commenced operations in November 1994.451. Though a number of other exchanges exist.46 trillion. cover more than 1500 cities across India. known as the NSE NIFTY (National Stock Exchange Fifty). NSE and the Bombay Stock Exchange are the two most significant stock exchanges in India. the NSE VSAT terminals. and was incorporated in November 1992 as a taxpaying company. banks.393. .[6] In October 2007. The World Council of Corporate Governance has awarded the Golden Peacock Global CSR Award for BSE's contributions in Corporate Social Responsibility (CSR). it was recognized as a stock exchange under the Securities Contracts (Regulation) Act.[5] As of 2006.[4] There are at least 2 foreign investors NYSE Euronext and Goldman Sachs who have taken a stake in the NSE. while operations in the Derivatives segment commenced in June 2000. NSE is mutually-owned by a set of leading financial institutions.31 billion) (August 2010) and was expected to become the biggest stock exchange in India in terms of market capitalization by 2009 end[3]. NSE is the third largest Stock Exchange in the world in terms of the number of trades in equities.418 crore (US$1. The NSE's key index is the S&P CNX Nifty. India. In April 1993. NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994. an index of fifty major stocks weighted by market capitalisation. It is the largest stock exchange in India in terms of daily turnover and number of trades. insurance companies and other financial intermediaries in India but its ownership and management operate as separate entities. 1956.6%.Pacific HRM awards for its efforts in employer branding.[7] It is the second fastest growing stock exchange in the world with a recorded growth of 16. 2006 and March 31 2007 have been awarded the ICAI awards for excellence in financial reporting. making it the second largest stock exchange in South Asia. for both equities and derivative trading.[2] NSE has a market capitalization of around 6. and between them are responsible for the vast majority of share transactions. the equity market capitalization of the companies listed on the NSE was US$ 1. 2799 in total. The National Stock Exchange (NSE) (Hindi: राषटीय शेअर बाजार) is a stock exchange located at Mumbai.

launches Fortune Finder for the retail Investors and traders today. Speaking for the occasion. electricity. etc. but our primary focus remains at empowering retail investors in stock market” NEW CONCEPTUAL DISCUSSION What is a service? An act of helpful activity. Leisure Location: Mumbai. powers this tool. Sharekhan Services .Conceptual Discussion Sharekhan launches Fortune Finder for Stock Market Investors Date: 16-09-2010 11:29 AM Source: Sharekhan Ltd (Business Wire India) Category: Business. Sharekhan Ltd said. retail investors remain to be the most sensitive segment as they grope to find the right entry and exit strategies for the stocks that they hold or the stock that they wish to get into. This paid service offered on Sharekhan’s trading portal is tailored for both. one of India’s leading retail stock brokerage houses with a strong online trading business. Vantage Trade. Sharekhan breaks through by bringing Fortune Finder. It will help in taking decisions on when to Buy. Science & technology. CEO. This gives retail investors from various trading backgrounds the opportunity to find Fortune through profitable trades. the supply of utilities or commodities as water. which can suit any kind of instrument and market. to the general public or interested party.a web and SMS based automated tool that will generate unambiguous Buy/Sell/Hold/Stay-out & Long/Short signals on stocks. which enables them to take call to action in the market. We also see a great business potential in offering this service. It covers over 3000 stocks for delivery recommendations and 500 stocks for day trading calls. long-term investors and day-traders by giving the option to choose between two packages. a Product of Forceites Pvt Ltd. With an increasing institutional and overseas participation. The best strategy for the stock market in such volatile times is to ride on the trend. Mr. Maharashtra. India Sharekhan Ltd. Fortune Finder is an outcome of rigorous research that went in for building proprietary trend tracking algorithms. across NSE and BSE. hold or sell any stock. Tarun Shah. “Investors are presented with an intuitive interface.

PORTFOLIO MANAGEMENT: Ideal for investors looking at steady and superior returns with low to medium risk appetite. Derivatives. The portfolio will mostly have large capitalization stocks based on sectors & themes that have medium to long term growth potential. Year Return on Security Return on Product Details • • • Minimum Investment: Rs 5 lakhs Lock in period: 6 Months Reporting: Online access to portfolio holdings. The portfolio consists of a blend of quality blue-chip and growth stocks ensuring a balanced portfolio with relatively medium risk profile. Depository services. it reaches out to more than 800.Share khan is one of India's leading financial services and an online presence through Sharekhan. For this ' BETA ' of a security is calculated to know the measure of Systematic Risk inherent in a security. Commodities. Mutual Funds. India's premier online destination. Share khan also offer personalized wealth management services for High Net worth individuals. With a physical presence in over 300 cities of India through more than 800 "Share Shops".000 trading customers. IPO. quarterly reporting of portfolio . It provides a complete life cycle of investment solution in Equities. Portfolio Management Services and Insurance.

SHARE SWAPS: Share khan has 1200 share shops across 400 cities in India to get a host of trading and investment related • • Charges: 2. stocks to watch out for etc) • Daily research reports and market review (High Noon & Eagle Eye) • Pre-market Report (Morning Cuppa) • Daily trading calls based on Technical Analysis • Cool trading products (Daring Derivatives and Market Strategy) • Personalised Advice • Live Market Information • Depository Services: Demat & Remat Transactions • Derivatives Trading (Futures and Options) • Commodities Trading • IPOs & Mutual Funds Distribution Internet-based Online Trading: Speed Trade . Profit withdrawal in multiples of 25000 after lock in period. A Share khan outlet offers the following services: • Online BSE and NSE executions (through BOLT & NEAT terminals) • Free access to investment advice from Share khan’s Research team • Share khan Value Line (a monthly publication with reviews of recommendations. 0. .5% brokerage 20% profit sharing after 15% hurdle is crossed-chargeable at the end of the fiscal year.5% per annum AMC charged every quarter.

thefts. Access to the demat account requires an internet password and a transaction password as well as initiating and confirming transfers or purchases of securities. We have a team of professionals and the latest technological expertise dedicated exclusively to our demat department. Demat as a parallel solution offers freedom from delays. Share khan Depository Services offers dematerialisation services to individual and corporate investors. In a demat account shares and securities are held in electronic form instead of taking actual possession of certificates. making our services quick. At Share khan. forgeries. safe and secure. apart from a national network of franchisee. The Demat account number which is quoted for all transactions to enable electronic settlements of trades to take place. A Demat Account is opened by the investor while registering with an investment broker (or sub broker). settlement risks and paper work. For individual Indian citizens to trade in listed stocks or debentures.WHAT IS DEMAT? The term Demat. in India. Dematerialisation and trading in the demat mode is the safer and faster alternative to the physical existence of securities. This system works through depository participants (DPs) who offer demat services and the securities are held in the electronic form for the investor directly by the Depository. convenient and efficient. refers to a dematerialised account. BENEFITS OF DEMAT: . commitment is to provide a complete demat solution which is simple. Purchases and sales of securities on the Demat account are automatically made once transactions are executed and completed. The Securities Exchange Board of India (SEBI) requires the investor to maintain a Demat account.

Holding investment in equity and debt instruments in a single account. bonus etc. reduction in transaction cost etc. Consolidation. There is no stamp duty on transfer o securities. Elimination of risk associated with physical corticated such as bad delivery. fake security. theft. Share-Split. delays etc.• • • • • • • • It is a safe and convenient way to hold securities. There is major reduction on paperwork involved in transfer of securities. Transmission of securities is done by DP thus eliminating corresponding with companies. Automatic credit into Demat account of shares on account of Merger. DOCUMENTS: • • • • • 2 PASSPORT SIZE PHOTOGRAPH COPY OF PAN CARD ( Mandatory) FOR IDENTIFICATION PROOF : Voter ID card or Driving License or Passport A CANCELLED CHEQUE BANK STATEMENT (if cheque not personalized) . Immediate transfer of securities is there.

The rise in services share in GDP has not accompanied by proportionate increase in the sector's share of national employment. While almost all service sectors participated in this boom. banking. hotels and restaurants. Some economists have also cautioned that service sector growth must be supported by proportionate growth of the industrial sector. The boom in the services sector has been relatively "jobless".4 per cent. In the current economic scenario it looks that the boom in the services sector is here to stay as India is fast emerging as global services hub.5 per cent respectively. the share of services. and 18. According to data for the financial year 2006-2007. growth was fastest in communications. nearly 40 per cent of that increase was concentrated in the nineties. Note: The above information was last updated on 21-07-2007 . While the share of services in India's GDP increased by 21 per cent points in the 50 years between 1950 and 2000.Services Sector in India: Service Sector in India today accounts for more than half of India's GDP. especially in the nineties. otherwise the service sector grown will not be sustainable. community services. There was marked acceleration in services sector growth in the eighties and nineties. One of the reasons for the sudden growth in the services sector in India in the nineties was the liberalisation in the regulatory framework that gave rise to innovation and higher exports from the services sector. industry.1 per cent. trade and business services. and agriculture in India's GDP is 55. The fact that the service sector now accounts for more than half the GDP marks a watershed in the evolution of the Indian economy and takes it closer to the fundamentals of a developed economy. 26.

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