STOCK EXCHANGE BY AR ODEDRA

Ajay R. odedra NameViral k. chavdaRoll No.51 Faculty and guidance byClassInstituteB.Com 3rd SemHuzef SirShri V. J. Modha College Of IT

SHARE MARKETPRESENTATIONREGARDINGBY-AR ODEDRAVK CHAVDA In 1860, the exchange flourished with 60 brokers.

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 1899History of Stock Exchange in IndiaRecognition Of Stock Exchange:1. Application to SEBI: Any stock exchange, which is desirous of being recognized, shall make an application to the SEBI.

2. Requisites of an application: (a) Prescribed particulars (b) By laws (c) Rules3. Grant of recognition to stock exchange (section 4)

(a)Inquiry and obtaining further information. (b) Principles of natural justice to be observed. (c) Recognition subject to satisfaction of SEBI. (d) Recognition subject to conditions. (e) Restriction on alteration of rules

Cont. Every grant of recognition to a stock exchange shall be published in the Gazette of India and also in the Official Gazette of the State in Which the principal office of the stock exchange is situated. The recognition shall become effective from the date of its publication in the Gazette of India. 4. PUBLICATION IN GAZETTE:STOCK EXCHANGES OF INDIABombay Stock Exchange The stock exchange, Bombay, popularly known as BSE was established in 1887 as The Native Share and Stock Brokers Association. It is the oldest one in Asia.

The National Stock Exchange (NSE), located in Bombay, is India's first debt market. It was set up in 1993 to encourage stock exchange reform through system modernization and competition. It opened for trading in mid-1994. It was recently accorded recognition as a stock exchange by the Department of Company Affairs. The instruments traded are, treasury bills, government security and bonds issued by public sector companies

National Stock Exchange

Bombay stock exchange National stock exchange Banglore stock exchange Utter pradesh stock exchange Magadh stock exchange Ahmedabad stock exchange Vadodara stock exchange Bhubaneswar stock exchange Calcutta stock exchange Saurashtrakutch stock exchange

Name Of Main Stock Exchanges Of INDIA: Motivates individual to save and invest funds.

A safe and productive channels for investment of savings.

Provides liquidity to the savings of the investors, by developing a secondary capital market.

Meeting the large capital needs of organized industry, trade and business. FUNCTIONS OF STOCK EXCHANGE:DAMAND AND SUPPLYBANK RATESPECULATIVE PRESSUREACTIONS OF UNDERWRITERS AND OTHER FINANCIAL INSTITUTIONSCHANGE IN COMPANYS BOARD OF DIRECTORSFINANCIAL POSITION OF THE COMPANYTRADE CYCLEPOLITICAL FACTORSSYMPATHETIC FLUCTUATIONSOTHER FACTORSCAUSES OF PRICE FLUCTUATION: It assist the economics development by providing a body of interested investors. it uploads the position of superior enterprises and assist them in raising further funds. It encourages capital formation Government can undertake projects of national importance and social value raising funds through the sale of its securities on the stock exchange. It is the stock exchanges that central bank of a country can control credit by undertaking open market operations (purchase and sale of securities)BENEFITS OF STOCK EXCHANGE:FROM THE POINT OF VIEW OF COMMUNITY:

A company whose shares quoted on stock exchange they enjoy better reputation and credit.The market for the shares of such a company is naturally widened.The market price of securities is likely to be higher in relation to its earnings, dividends and property values.This raises the bargaining power of the company in the event of a takeover, merger or amalgamation.FROM THE COMPANY POINT OF VIEW:Liquidity of the investment is increasedThe securities dealt on a stock exchange are good collateral security for loans.The stock exchange safeguards interests of investors through strict enforcement of rules and regulations.The present net worth of investments can be easily known by the daily quotations.His risk is considerably less when he holds or purchases listed securities.

FROM THE INVESTORS POINT OF VIEW:16Basically rating is given after see the company 'image,management quality,assets quality,auditors quality,accounting accuracy.Rating is not fixed, it may be change. The rating grades are:

AAA : HIGHEST SAFTYAA : HIGH SAFTYA : ADEQUATE SAFTYBBB : MODERATE SAFTYBB : IN ADEQUATE SAFTYBC&D : HIGH RISK AND DEFAULT HOW RATING IS GIVEN TO THE COMPANY?it involves the buying, holding, selling, short-term selling of stocks, bonds. commodities, currencies, collectibles or any valuable financial instrument to profit from fluctuations in its price as opposed to buying it for use or for income via method like dividends or interest.SPECULATION :DEFINITION:Bull Market (Tejiwala): In case of that they purchase the shares at current prices to sell at a higher price in the near future and makes a profit if his expectations come true he is also called a long buyer.

Bear Market (Mandiwala) : He sells security in the hope that he will be able to buy them back at lesser price. It is also called short selling.

Stag : He is that type of speculator who applies for a large number of a shares in a new issue with the intention of selling them at a premium. He is bullish and very cautious.

Types Of Speculation:

It was constituted and made a statutory body by SEBI act 1992.With the coming into effect of SEBI, some of the powers and function exercised by the central government, in respect of regulation of stock exchanges were transferred to the SEBI.SECURITIESANDEXCHANGEBOARD OF INDIARegistering and regulating the working of stock brokers, sub-brokers, share transfer agents, underwriters.who may be associated securities market in any manner.Registering and regulating the working of collective investment scheme including mutual funds.Prohibiting insider trading in securities.Regulating substantial acquisition of shares and takeovers of companies. Calling for information from, undertaking inspection, conducting inquiries and audits of stock exchanges and intermediaries and self regulatory organizations in the securities market.Performing such other functions as may be prescribedOBJECTIVES OF SEBI:CRISILICRACAREDPCRCREDIT RATING AGENCY IN INDIATHANK YOUProduced byVK ChavdaDirected byAR OdedraPRESENTED BY ODEDRA SOFTEC PVT LTD.