Wednesday, January 4, 2012

What is IMF, Stock Exchange, SEBI, BSE, NSE, NIFTY, SENSEX etc

International Monetary Fund (IMF) is an organization of 187 countries intended to promote economic cooperation between countries, provide economic support, strengthen finacial stability and economic growth by promoting employment, reducing poverty and expanding world trade. IMF is headquartered in Washington DC.
Christine Lagarde is the new IMF chief (Managing Director). She was a French Minister of Economic Affairs, Finance and Industry before she is taken up IMF chief role ion 5th July 2011.
She replaced her predecessor Dominique Strauss-Kahn after his resignation. He was resigned on 19th May 2011 after increasing international pressure for him to step down as he faces charges on sexual assault.

Stock Exchange provides service for trading stocks and securities. In stock market securities are purchased and sold out as per certain well-defined rules and regulations. A company must be listed in that Stock exchange to trade shares there.  Companies that are not listed on a stock exchange are sold their shares OTC (for Over-The-Counter). This is risky because these companies are not listed in stock exchange as they do not meet the criteria. NSE and BSE are two major stock exchanges in India. LSE (London Stock Exchange) is the oldest in the world.
Securities and Exchange Board of India (SEBI) is a regulatory authority for securities market in India formed in 1992 headquartered in Mumbai. Upendra Kumar Sinha is the chairman he replaced CB Bhave in February 2011. It has the responsibility of regulating stock market, registration of share brokers, conducting regular inspection and taking action on fraudulent practices.

NSE (National Stock Exchange) is India’s Largest Stock Market and world’s third largest. More than 200 stocks are listed in NSE. It’s recognized as a stock exchange in 1993.
BSE (Bombay Stock Exchange) was established in 1875 and is the oldest stock market in Asia. It’s the biggest stock exchange in the world located in Dalal Street, Mumbai. For the companies listed in BSE, SENSEX is the indicator and for the companies listed in NSE it’s NIFTY. You might have seen news like SENSEX fell 200 points, which means stocks of most of the major companies listed in BSE has gone down. Though these are the two major stock exchanges, there are few other like Calcutta Stock Exchange.


3 comments:

  1. Replies
    1. The design of this blog is good, I am also thinking to make such blog for my business, thanks, this is really great, keep it up.

      Delete
  2. BIGPROFITBUZZ is a stock advisory firm which provides tips for equity intraday, future intraday nifty intraday & option Intraday. We have good past result of tips that is why we are able to sustain in stock market. We basically provide call in only blue chip stocks on which nifty runs. So we are always on profit whether market is bull or bear because we trade only in those scripts who run the market like SBIN, ICICIBANK, LT, RELIANCE etc.In which the most powerful stock is State Bank of India. If you want to do intraday trading then you must have to know the behaviour of this stock. NIFTY is like a King in stock market who shows overall performance of market. NIFTY runs on these blue chip stocks. You can understand this by a simple example that consider a king who has a vehcle with ten horses. In SHARE MARKET NSE BSE TRADING TIPSthese horses one is most powerful & others are his follower same like this Nifty is a king who is completely most of the time runs on the behaviour of SBIN & other stocks. So always keep in mind the direction of the SBIN to trade in intraday in the market. We always know the direction of this Stock that's why we know the market everyday & trade with confidence & earn handsome profits. so no matter you join us or not but always consider the SBIN as a market mover for you trading or investment.
    Regards
    BIGPROFITBUZZ TEAM

    ReplyDelete