Share Market Terminology: Part 2

…trading market in the United States and fourth largest by market capitalization in the world. As of January 13, 2011, there are 2,872 listings. The NASDAQ has more trading volume than any other electronic stock exchange in the world. NASDAQ has three indices; NASDAQ Composite, NASDAQ-100 and NASDAQ Biotechnology Index. Its market capitalization is US$3.08 trillion (Aug 2010). 2.     Blue Chip A blue-chip stock is stock in a company with a nation

Selling Liquor in a Gandhian State is an Anomaly

Gandhi, the father of our nation, was strongly against the selling and drinking of liquors. He used to say, it is criminal to spend the income from the sale of intoxicants on the education of the nation’s children or other public services. The government must overcome the temptation of using such revenue for nation-building purposes. India has come a long way ahead of the state of 1930s or 40s. The poverty level and situation have changed…

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Share Market Terminology: Part 1

…y traded stocks, representative of various sectors, on the Bombay Stock Exchange. It is also called as BSE 30. 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. Bull Bull means cause or attem…