Beruflich Dokumente
Kultur Dokumente
Liquidity refers to how easily an asset can be transferred without loss of value. A side benefit of capital markets is that the transaction price provides a measure of the value of the asset.
Disseminate information efficiently Enable quick valuation of financial instruments both equity and debt
Provide insurance against market risk or price risk Enable wider participation Provide operational efficiency through Simplified transaction procedure lowering settlement timings and lowering transaction costs Develop integration among Real sector and financial sector Equity and debt instruments Long term and short term funds Private sector and government sector and Domestic funds and external funds Direct the flow of funds into efficient channels through Investment Disinvestment Reinvestment
As on 31st December
1946
1961
1971
1975
1980
1985
1991
1995
14
20
22
1125
1203
1599
1552
2265
4344
6229
8593
1506
2111
2838
3230
3697
6174
8967
11784
270
753
1812
2614
3973
9723
32041
59583
Market value of Capital of Listed Cos. (Cr. Rs.) Capital per Listed Cos. (4/2) (Lakh Rs.) Market Value of Capital per Listed Cos. (Lakh Rs.) (5/2) Appreciated value of Capital per Listed Cos. (Lak Rs.)
971
1292
2675
3273
6750
25302
110279
478121
24
63
113
168
175
224
514
693
86
107
167
211
298
582
1770
5564
358
170
148
126
170
260
344
803
Margin Lending
Securities Lending
22 Stock Exchanges,
Over 10000 Electronic Terminals at over 400 locations all over India. 9108 Stock Brokers and 14582 Sub brokers 9644 Listed Companies 2 Depositories and 483 Depository Participants 128 Merchant Bankers, 59 Underwriters 34 Debenture Trustees, 96 Portfolio Managers 83 Registrars & Transfer Agents, 59 Bankers to Issue 4 Credit Rating Agencies
National Stock Exchange Bombay Stock Exchange Inter-connected Stock Exchange (NEW) Mangalore Stock Exchange Hyderabad Stock Exchange Uttar Pradesh Stock Exchange Coimbatore Stock Exchange Cochin Stock Exchange Bangalore Stock Exchange Saurashtra Kutch Stock Exchange Pune Stock Exchange
OTC Exchange of India Calcutta Stock Exchange Madras Stock Exchangea Madhya Pradesh Stock Exchange Vadodara Stock Exchange The Ahmedabad Stock Exchange Magadh Stock Exchange Gauhati Stock Exchange
Primary Market
Market for new issues/fresh capital (IPOs)
Mobilization of funds
Prospectus Right issues and Private placement
Functions Of SEBI
Regulates Capital Market. Checks Trading of securities. Checks the malpractices in securities market. It enhances investor's knowledge on market by providing education. It regulates the stockbrokers and sub-brokers. To promote Research and Investigation
Diversification
Portfolio management
Lack of transparency Physical settlement Variety of manipulative practices Institutional deficiencies Insider trading
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