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What is JEE 2013?

JEE 2013

Confusion Among Aspirants about JEE 2013

The whole structure of the two major engineering entrance exam in India changes for the year 2013. After much debate, meetings and suggestions, finally ministry of human resource & development have come up with a plan to enhance the importance of 12th board. Now, the marks of 12th board will not only be a cut-off, instead it will impact the rank.

The sudden change in the whole pattern of admission have created an ambience of confusion among the aspirants. The terms has changed. AIEEE name is missing from the whole process. And, importantly CBSE is organizing one of the two JEE exams.

Lets go through the details of JEE 2013

JEE 2013: AIEEE becomes JEE (Main) and IIT-JEE becomes JEE (Advanced)

The most important change which is creating highest confusion among the aspirants is modification and alteration in the terminology. The engineering entrance exam AIEEE that CBSE used to conduct has been renamed as JEE (Main). Similarly, JAB which used to conduct entrance exam for IIT known as IIT-JEE has been renamed simply as JEE (Advanced).

In order to correlate both IIT JEE and AIEEE, the bigger brand name JEE has been used for both the exam. However, the structure of examination is nearly unchanged for both the exams.

JEE 2013: Weightage for 12th marks

This is the most important change that MHRD wanted in the IIT JEE for years. However, still nothing has changed if IIT JEE is taken into consideration. But, a lot have change for admission to colleges using AIEEE score.

The major reason which was cited in implementation of weightage to 12th board result was variance in the pattern and marks of all the 12th board examination bodies through out the country. The suggested normalization process was always seen as flawed and was resisted from implementation.

This year only admission to NITs, IIITs and other institute which were using AIEEE ranking earlier is going to get affected by the marks of 12th board. After the result of JEE (Main) and 12th board, a ranking will be given by the CBSE with 60 % weightage to JEE (Main) marks and 40 % weightage to 12th board normalized marks. This ranking will be used for admission to NITs and other engineering college for counseling and admission.

As for the IIT-JEE, 12th board result will not impact directly on the ranking. However, a student is required to be in top 20 percentile of their board. Now, the group of words used by the JEE (Advanced) for this eligibility citeria is “admission will be subject to the condition that the candidates are in the top 20 percentile of successful candidate of their boards”.

The use of percentile is very tricky and confusing. Let me explain. Percentile means % of students below you. Percentile starts from 0 and ends to 100. Hence, a top 20 percentile means a percentile greater than or equal to 80. Here, the use of term successful candidate of their board is a very important part which many might ignore. Let me give you an example to explain its importance.

In a board exam 11 students appear, and to be qualified to get a scholarship one needs to be in top 20 percentile of successful candidate, i.e. percentile of 80 or above. Now, the last student who passes will be on zero percentile and topper will be on 100 %. As one must have solved in Arithmetic Progression, the rest students will be equidistant from each other in percentile from 0 to 100.

Now, if all of them gets marks more than passing marks say 35. Then, the 11th position will get zero percentile, then the next one will be 10 percentile, then 20…so on to 100. And, the student with 80, 90 and 100 percentile will get the scholarship.

Now, if one of them either didn’t appear or fail in the exam and rest passes in the exam. Total no. of successful candidate will reduce to 10. Percentile of each students will be 0, 11.11, 22.22……77.77, 88.88, 100. Now, as only those students will be awarded the award which would get percentile of 80 or above. Only top two student will be awarded the scholarship instead of three.

This is the most interesting aspect of the words used by JEE (Advanced) as their criteria. As we see in the example above, even if the third student from the top didn’t do anything wrong and may be even he get the same marks as before. He was not awarded the scholarship.

Normally, if a student is getting a top 20 % rank in his school, which is a good school of his city. It is to be believed that he will be well within top 20 percentiler of his board. However, it is not certain as the percentile will depend on the no. of students passed. If a board is very tough and a lot of students fail in its exam. Even a change of 5 – 10 % success rate of students will hugely impact in the top 20 percentile list. I’m not scaring you. But, keep this aspect in your mind.

Further, whether you score 80 %, 90 % or 95 % in your board exam, it will not change your AIR in JEE (Advanced), neither it will effect in your branch or college. It will be just a bar which you have to clear by a good margin to remove any uncertainty.

Finally, what should be the average percentage of marks required for top 20 percentile. If your board result is not fluctuating much the answer of this question could be found very easily. Ask your school teacher to assist in analyzing your school’s last five year’s result in board exam. The result of your school’s student would not be a perfect sample for whole board. But, even if your school is a good school in the city, expect the bar marks for top 20 percentile in your school for last five years will be better than overall board’s bar mark.

JEE 2013: Structure of the Whole JEE 2013

The exam pattern of both the earlier exams AIEEE and IIT JEE are unchanged even though the names have changed. Whether it is JEE (Main) or JEE (Advanced), nothing related to the exam they conduct has changed. However, both the exams are now inter-related.

One have to fill the form for JEE (Main) till 15 Dec, 2012. Then, they have to sit for the JEE (Main) exam as earlier. The score for JEE (Main) will be declared by  7 May, 2013. However, ranking for admission in colleges through JEE (Main) will be declared on or before 7 Jul,2013. The 12th board appearing candidates have to submit their 12th board roll no. before downloading the admit card for JEE (Main).

CBSE along with the score of JEE (Main) will also declare the status of those who qualify for appearing in JEE (Advanced). After this to appear in the JEE (Advanced), the qualified candidates are required to register themselves at JEE (Advanced) website between 8 May, 2013 and 13 May 2013. The exam fee has to be paid through challan at SBI branches by 13 May, 2013. The written test of JEE (Advanced) will be conducted on 2 Jun, 2013 and result will be declared by 23 Jun, 2013.

It is advised to make a chronological schedule for all the events.

Summary

One thing has certainly changed with JEE 2013. Earlier, one could have just sat for IIT JEE. However, now even if one wants to write only JEE (Advanced). He has to sit and fill the form for both the exams.

On a whole I would say even though pattern of the exams have not changed. But, the end result and parameters for selection have changed. The effect of 12th marks may not effect much on JEE (Advanced). However, I expect this year the authorities are trying to assess the impact of 12th marks normalization. It is just a test for the normalization process. If everything worked fine, then I expect from next year or so 12th board marks will be taken into consideration for JEE (Advanced) AIR too.

If you find anything that I missed to cover in this article feel free to let me know. I would suggest to spread this article among your friends or share it on facebook for the benefit of every aspirants around you.

I’m giving links to articles written by me on similar topics:

  1. Kota: Paradise for IIT JEE Aspirants
  2. Role of Coachings in IIT JEE selection
  3. Hopes Beyond IIT
  4. IIT JEE 2013: What should be the strategy for repeaters?
  5. IIT JEE 2013: What should be Strategy for Partial Droppers?
  6. How to Prepare for IIT JEE 2013?
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How to Prepare for JEE 2013 After Appearing for 12th Board:Part 1

Prepare for JEE 2013

Prepare for JEE 2013: Time to Work Harder

The restructuring of AIEEE and IIT JEE in 2013 is creating a lot of confusion among the minds of aspirants. It is very important to clear all the confusion. Read my article What is JEE 2013 to clear all your doubts.

Prepare for JEE 2013: Introduction

You should know that to prepare for JEE 2013, the time after 12th board is very precious. It should be utilized in the optimal way to get the best result. The time period is very short and its optimal utilization will guarantee the best rank that you are capable to achieve by giving your best shot. And, you have to give your best shot.

This time period of almost 70 days is going to decide your career’s fate. You will be among elite group of the society or average. All will depend on your performance in these 70 days. Hence, it is very important to take a systematic approach to maximize the chance of giving your best performance.

Prepare for JEE 2013: For Whom

I’m writing this article for those aspirants of JEE 2013 who are appearing for 12th board and afterwards planning to appear for both JEE (Main) and JEE (Advanced). This article will not address preparation for paper 2 of JEE (Main) or aptitude test of JEE (Advanced). It will be published in two parts; first part will be about preparation for JEE (Main). Second part will address JEE (Advanced) preparation. Keep almost 15-20 different sets of simulator tests for both JEE (Main) and JEE (Advanced). However, before going in detail please go through my article, Most Suitable date for JEE (Main) Online Test.

Prepare for JEE 2013: First Learn Concepts

Some years ago, I had written an article, How to prepare for IIT JEE. The article described three step for IIT JEE preparation. Even though a lot has changed since then in the format of JEE, still first two step are well enough for JEE (Advanced) preparation. I would suggest you go through the article.

I have always told the aspirants of JEE that you don’t need to prepare for the type of the questions asked. You just need to get yourself to the level of knowledge required for IIT JEE. Preparation for a particular type of question  could be done within 20 days.

IIT JEE always keeps changing. Since 2000 I am following it. Every next year there were few changes with respect to previous years. Level of question changed, pattern changed, type of questions changed. This year even the name changed to JEE (Advanced). But, style never changed. IIT always asks tricky questions. An IIT JEE aspirant of year 2000, can appear for the paper of year 2012 and get the same rank, just by preparing for not more than 10 + 20 days (10 days for going through major addition in the syllabus in 2003).

My point in all this is to get the knowledge of every portion of the syllabus before board exam. After board, just prepare for the question type asked in JEE both Main & Advanced. Any question whether, it is asked as subjective or objective is solved in the same way, just presentation of the answer differs. Hence, know how to solve any problem. Adapting according to the requirement of the presentation is not a hard task.

Prepare for JEE 2013: 12th Board is Over

Now, lets proceed to know how to be ready for JEE (Main) once 12th board exam is over. For JEE (Main) or AIEEE, I always feel it is an examination to test your speed rather than intelligence. There would be hardly any tricky questions that would be asked in its exam,. All would be formula based (or memory based). However, JEE (Advanced) or IIT JEE tests your intelligence rather than speed. Moreover, syllabus of JEE (Main) is almost same as that of 12th board. Hence, if someone has prepared well enough for 12th board, he/she could perform well in JEE (Main) after a preparation of 15-20 days.

As I have already told you through my article Most Suitable date for JEE (Main) Online Test, I feel JEE (Main) should be taken online rather than paper based and you should choose the most suitable slot to maximize your performance for both JEE (Main) and JEE (Advanced).

Now, once your board exam is over, take a break of one day and do full-day-night fun. This will totally refresh your mind from the stress of 12th board exam. As per CBSE board, I think the last exam for science stream students would be on 23rd March. It is advised to keep a gap of 15 days between the last day of 12th board exam and JEE (Main) test date. I suggested 10th April, 2013 as the most suitable date to appear for JEE (Main). Hence, those who are going to appear for CBSE board would be getting around 15-16 days for preparation of JEE (Main). After refreshing your mind, we are going to use the simulator tests that I have asked you to collect. It would be better if at least 7-10 simulator tests are computer based.

Step 1 (4-5 day):

Now, initially you need to use the paper based tests. For the first 5 days, start solving the simulator test by using all books, notes and all other means available. But, don’t go through the solution before attempting and possibly solving all the problems. Once you attempted all the questions. Check your answers and if any answer went wrong even after using all possible means. Try to understand where was the problem. Time should not be a factor. However, complete one test in one day.

This process will not be an easy one. On the first 2-3 days, it will take away all the energy. But, if done with concentration and dedication. It will work like anything. If one would go through the questions asked by the AIEEE, one can understand that the questions asked by AIEEE are formula based and could be solved easily if formula is known. This step would help you to know and memorize the formula based on the questions which are being asked by AIEEE. Further, it will revise you the syllabus in accordance with JEE (Main) syllabus. You would know the method for approaching a particular type of problems asked. It would be best if you use past years question paper for this step as simulator test. This will benefit you in the best way, as you will learn, what is asked and exactly how to solve them.

Step 2 (6-7 days):

Once you completed step 1, you would be well versed with the question types asked in AIEEE and how to solve them. I expect it would be almost 10 days left for the JEE (Main).

In this step and next, you have to learn how to attempt the questions in a time bound manner. How to manage and approach the test to score maximum? Both speed and accuracy is important. For the next 9 days sit for the test in the same time schedule in which your JEE (Main) test is. It will help your body to get used to the schedule, so that you won’t fill any physical stress on the final day. It would be best if you attempt the tests on table and chair. I recommend to use the computer based test for both this and the final step. If you don’t have so much computer based tests. Last step should be totally using computer based tests. Rests should be used for this step, along with paper based tests.

For the first 6-7 days, solve the question in the stipulated time schedule. Once the test is over, calculate your marks. Now, take a break of around 1 hour. Afterwards, first try to solve incorrect answers and try to figure out, where you made the mistakes. Next, try to solve the unattempted questions. If you gave the test in first half, then try to solve the unattempted and incorrect ones by the end of the day. If you solve it in second half, try to do so by the next day first half. If you need to refer some books or notes, do so. This whole process will improve your latency and no. of questions attempted.

Step 3 (3 days):

Till now, you would be totally stressed with the heavy workout, I suggested in the first two steps. Now, for the last 3 days, you need to give relaxation to your mind. Out of these 3 days, for the first 2 days, solve the test in the normal schedule as per your JEE (Main) timing. Check your score. But, no need to do the whole other workouts. Its time to relax. Watch TV. Play some games. If you want, for an hour or so, revise the formulas and other things which needs to memorized. But, take no stress. All of us commit errors while solving. However, it is minimized if the stress on the mind is less. The success rate of your attempted questions, makes a huge difference in the score.

I prefer the last day before the exam to be free from any study. Don’t worry. If you don’t solve the test for one day, it will not deteriorate your score. But, it will give your mind some peace. You may spend some time to memorize the formulas. Don’t spend time just watching movies or TVs or just playing games. As doing one thing for long hours will give stress to your mind. Go meet your friends. Spend some time with them. Eat healthy food and sleep at usual time.

On the final day. I expect you will be fully ready to appear for JEE (Main) and give your best shot.

If you have any doubts or queries regrading how to prepare for JEE 2013, feel free to ask. The second part of this article will be published in near future. Keep visiting.

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Most Suitable Date for JEE (Main) Online Test

You must be knowing, the name of one of the most popular exam in India, AIEEE has been renamed this year to JEE (Main). The pattern for the exam is same. However, the importance of exam has changed a lot. You may read more about the whole exam JEE in my post What is JEE 2013?

how to choose a suitable date for JEE (Main)

Choose Your Date Wisely

AIEEE had introduced option to give the exam either online or offline (paper-pencil based) in 2010. There are various benefits of giving the test online. Like:

  • One can review and change the answer at any point of time
  • The above process can be done numerous number of times
  • No. of questions attempted or unattempted could be find instantly
  • Tougher or tricky questions could be marked for review later
  • Equal time is alloted to everyone
  • No disturbance during the exam for paper work
  • Don’t need any strategy for circling the answer with pencil
  • Flexibility to choose the exam date
  • It will save Rs. 300

If someone is comfortable with computers and can sit in front of computer screen for 3 hours continuously. It is strongly recommended to go for Online Test.

Now, I’m coming to the main point of this article. How to choose the most suitable date for JEE (Main) online test?

The answer to this question is not so easy. It will differ based on your willingness to appear for JEE (Advanced).

Date Selection

JEE (Advanced) is going to be conducted on 2nd June, 2013. JEE (Main) online test is scheduled between 8th April, 2013 to 25th April, 2013. If someone is appearing for JEE (Advanced), he needs more time for JEE (Advanced) preparation. Hence, he need to appear on the earliest suitable date for the exam. Keep no confusion, the bar of 150,000 students eligibility is not at all a test for the students who are serious for JEE (Advanced). So, don’t even think that you need good amount of time to be in top 150,000 students eligible to write JEE (Advanced). If you can’t get top 150,000 for JEE (Main), don’t waste your time for JEE (Advanced).

However, if someone is just going to appear for JEE (Main), not for JEE (Advanced), he need to choose the latest date of all. So, that he could concentrate well for both 12th board and JEE (Main).

Now, if you are willing to write JEE (Main) and JEE (Advanced). Don’t go for the First Day First Show. On the first two days there are chances of technical hitches during the exam. The invigilators and engineers at the test center try to familiarize themselves with the whole system of online test. Till the third day, the ambiance of test center becomes normal. Chances of hitches becomes quite less. Hence, it is recommended to choose the third day, 10th April, 2013 as your date for Online Test. However, this date is most suitable for morning slot. If you are willing to take the test in 2nd half, then go for 9th April, 2012 afternoon slot. Chances are very less of any technical problem on the second day afternoon slot. I will discuss about slot selection later.

If you are planning to appear for only JEE (Main) and you have to appear for 12th board also then choose latest dates viz 23rd or 24th April, 2013. This will give you a healthy gap for utmost preparation for JEE (Main). Plus, the pressure on your mind will be less. I didn’t recommended the last date as the invigilators would be taking this day lightly just as last working day before holidays. Remember, they would be busy with the exam for last 13 days continuously with two shifts of exams every day.

Slot Selection

Choosing the perfect slot for JEE (Main)

Don’t Get Stressed

Morning or afternoon slot plays vital role in your performance. Fundamentally, you must be knowing that the mind feels fresh in the morning hours. The thinking and analyzing capability is always higher in the morning. Overall, it is the best time to give your best shot. Remember, even if this would help you to solve just one extra question correctly. We are talking about a rank difference in hundreds to thousands. You have to give exam in the optimal state of time to deliver the best. The best from your capability means the best rank you can get in JEE (Main). However, morning or afternoon slot will not matter, if you train your body for the afternoon exam.

Those who are appearing just for JEE (Main) but are repeaters (not giving 12th board). The choice of date for you will depend on you only. As the date won’t matter for you. You might just feel relaxed from the exam pressure if you appear early. But, still if you need any suggestion, ask your query by the comment section below.

Read this article which will explain How to Prepare for JEE 2013 After Appearing for 12th Board

Do you need any help or any sort of suggestions? Just give a comment below. If you can’t comment below due to some reason. Send me mail at [email protected]

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Share Market Terminology: Part 1

  1. Sensex

    Sensex is the short form of Sensitive Index. The Sensex is value-weighted index composed of 30 stocks. The Sensex is regarded as the pulse of the domestic stock markets in India. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange. It is also called as BSE 30.

  2. Nifty

    Nifty or Nifty 50 is the leading index for large companies on the National Stock Exchange of India. The Nifty is a well diversified 50 stock index accounting for 21 sectors of the economy. During 60s and 70s this term was used to denote 50 popular large cap stocks on the New York Stock Exchange.

  3. Bull

    Bull means cause or attempt to cause prices to rise (in the stock exchange).

  4. BEAR

    Investor who believes a share or the overall security market will go down.

  5. Squaring Off

    Square off means to settle the position. If someone square off a trade, it means he have no position at the end of the day – only profit or loss. When you give cash order it means you give order with intention to take delivery. Thus, if you change your mind and want to sell the stock the same day (buy in case of a sell), you have to notify the broker that you are changing your trade from delivery based trade to intraday trade and thus squaring off your position.

  6. RALLY

    A rally is a term used to describe a sudden rise in stock prices, especially after a period of falling ones. For example, if the stock market drops in the morning and investors rush in to buy companies at the cheaper prices, the stock market has rallied.

  7. Crash

    A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth.

  8. Correction

    A correction is a short term price decline of 5% to 20% or so. A correction is a downward movement that is not large enough to be a bear market.

  9. Bonus Shares

    The term bonus means an extra dividend paid to shareholders in a joint stock company from surplus profits. When a company has accumulated a large fund out of profits – much beyond its needs, the directors may decide to distribute a part of it amongst the shareholders in the form of bonus. Bonus can be paid either in cash or in the form of shares.

  10. Dividend

    Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend.

  11. Book Closure Date

    When shares of a joint stock company invariably change hands during market trades, identifying the owner of some shares becomes difficult. So it is difficult to pass on certain benefits (like share bonus issue, splits and dividend payments) to shareholders.

    So, when a joint stock company declares dividends or bonus issues, there has to be a cut-off date for such benefits to be transferred to the shareholders. This date is termed as “Book Closure” date or “Record Date”. It is the date after which the company will not handle any transfer of shares requests until the benefits are transferred. Only shareholders marked in the company’s register at the Book Closure Date or the Record Date would be entitled to receive these benefits. In other words, shareholders that are on the company’s records as on that date are eligible for these benefits.

  12. Bonds

    A bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest and/or to repay the principal at a later date, termed maturity. A bond is a formal contract to repay borrowed money with interest at fixed intervals.

  13. Splits

    A stock split increases the number of shares in a public company. The price is adjusted such that the before and after market capitalization of the company remains the same and dilution does not occur.

    Ratios of 2-for-1, 3-for-1, and 3-for-2 splits are the most common, but any ratio is possible. Splits of 4-for-3, 5-for-2, and 5-for-4 are used, though less frequently. Investors will sometimes receive cash payments in lieu of fractional shares.

    It is often claimed that stock splits, in and of themselves, lead to higher stock prices; research, however, does not bear this out. What is true is that stock splits are usually initiated after a large run up in share price. Momentum investing would suggest that such a trend would continue regardless of the stock split. In any case, stock splits do increase the liquidity of a stock; there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies have the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume and volatility. Berkshire Hathaway is a notable example of this.

  14. Futures

    Investment contracts which specify the quantity and price of a commodity to be purchased or sold at a later date. On contract date, the buyer must take physical possession or make delivery of the commodity, which can only be avoided by closing out the contract(s) before that date. Futures can be used for speculation or hedging.

  15. Index Trading

    Index Trading is a fairly new concept based on short term financial trades or wagers. Unlike most other emerging ways to Trade on Share markets, Index Trades are mostly contracts bought for a fixed duration with a fixed return (often up to 97% of the investment).

    Index trades rely on the trader’s ability to predict whether a Share index will effectively rise or fall over a set period.

    If the trader has picked the correct direction and their trade is successful once the time has elapsed then they are generally paid out on the agreed return within minutes. This has added to the recent popularity of Index Trading however it still hinges completely on one’s ability to predict Share index movements and it is common knowledge that such a thing is not easy.

  16. Trading on Margin

    Margin buying or margin trading is buying securities with cash borrowed from a broker, using other securities as collateral. This has the effect of magnifying any profit or loss made on the securities. The securities serve as collateral for the loan. The net value, i.e. the difference between the value of the securities and the loan, is initially equal to the amount of one’s own cash used. This difference has to stay above a minimum margin requirement, the purpose of which is to protect the broker against a fall in the value of the securities to the point that the investor can no longer cover the loan.

    Most investors buy the futures, but there are times when margin trading makes more sense. If a stock is not in the futures list, the client can go for margin funding.

    Since futures are generally not available beyond one or two months, if the client has a longer view, then margin trading is better. Also, some brokers offer lower interest rates on margin trading than the prevalent rates in the futures market.

  17. Stock

    The capital stock (or just stock) of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors. Stock is distinct from the property and the assets of a business which may fluctuate in quantity and value.

  18. Bid

    The bid for securities (such as stocks, futures contracts, options, or currency pairs) is the difference between the prices quoted (either by a single market maker or in a limit order book) for an immediate purchase.

  19. Broker

    A stock broker or stockbroker is a regulated professional broker who buys and sells shares and other securities through market makers or Agency Only Firms on behalf of investors. A broker may be employed by a brokerage firm.

    A transaction on a stock exchange must be made between two members of the exchange—an ordinary person may not walk into the New York Stock Exchange (for example), and ask to trade stock. Such an exchange must be done through a broker.

  20. Dow Jones Industrial Average

    The Dow Jones Industrial Average (DJIA), also referred to as the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It is now owned by the CME Group, who is the majority owner of Dow Jones Indexes. The average is named after Dow and one of his business associates, statistician Edward Jones. It is an index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market. It is the second oldest U.S. market index after the Dow Jones Transportation Average, which was also created by Dow.

    To calculate the DJIA, the sum of the prices of all 30 stocks is divided by a Divisor, the Dow Divisor. The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA. Early on, the initial divisor was composed of the original number of component companies; which made the DJIA at first, a simple arithmetic average.

Note

This list is being compiled using definitions provided at various sources. I tried my best to give the best general explanation of all the term. If any term need correction or improvement in its explanation, please use the comment section to do so. I will look through it.

>>>> Share Market Terminology: Part 2

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