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meena replied to the topic What is IPO? What is the process of applying for IPO? in the forum Basics of Stock Market 7 years ago
IPO refers to Initial Public Offer. IPO is a way of creating capital(generally huge capital) for the company by inviting the public to invest in their business if they believe in their business model.
As an investor we can apply to the company on the price quoted by the company (in units) and the company has the right to allocate the units…[Read more]
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meena replied to the topic What is SENSEX, NIFTY ? in the forum Basics of Stock Market 7 years ago
Sensex refers to collective average performance of 30 companies in the BombayStock Exchange.It is associated in terms with BSE.
Nifty refers to the collective average performance of the top 50 companies in National Stock Exchange.It is associated in terms with NSE.
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meena replied to the topic What are the other markets? in the forum Basics of Stock Market 7 years ago
The stock market is broadly classified into equity or spot market and the derivatives market which comprises of futures and options
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meena replied to the topic What is DEMAT a/c? in the forum Basics of Stock Market 7 years ago
Demat A/c is a centralised A/c where shares bought are stored in electronic format instead of physical form of papers for the convenience and to avoid the risk involved in duplicating of the shares.
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meena became a registered member 7 years ago