INDIAN

EQUITY MARKET
AN INTRODUCTION
 AUTHORITIES
 SEBI

NATIONAL STOCK
EXCHANGE.

BOMBAY STOCK
EXCHANGE.
 IPO

 DIRECT OFFER TO PUBLIC.

 IPO CAN BE ISSUED ONLY BY PUBLIC
LTD. CO.
 COMPANIES HAVE TO ISSUE RED
HARRANT PROSPECTUS.
 FIRST IPO OF INDIAN

HISTORY IS RELIANCE.
 MARKETS
 PRIMARY MARKET

 SECONDARY MARKET

 GREY MARKET
 DERIVATIVES
 NORMALLY USED AS HEDGING
INSTRUMENTS.
 INTRUMENTS
-FUTURES
-OPTIONS
 ONLY PERMITED TO TRADE IN NSE.
 HELPFUL IN REDUCING RISK.
 VARIOUS INVESTORS
 INDIVIDUAL
 GOVERNMENT EG. L.I.C.
 FII (FOREIGN INSTITUTIONAL
INVESTORS).
 FINANCIAL INSTITUTIONS
 BANKS
 COMPANIES
 WORKING
 BOTH THE EXCHANGES
WORK ON VPS TECHNOLOGY.
 FOR DELIVERY THERE IS A T+2 RULE
IS APPLICABLE.
 PRICES ARE DECIDED ON REAL-TIME
BASIS.
 DEMAND AND SUPPLY ARE THE
FACTORS FOR DECIDING PRICE.
 FACTORS FOR
GROWTH/DECLINE
 ANY GOOD/BAD NEWS ABOUT
COMPANY.
 POLITICAL STABILITY/UNSTABILITY.
 INTERNATIONAL ECONOMY.
MARKET CAPITALISATION
NSE BSE

Market cap. ( INR Bn ) 42,588 45,091

Market capitalisation (US$bn) 1,071 1,133

Market cap % GDP (2008) 85% 89%
Volume (million-30 day average) 493.7 350.4
Value (US$m-30 day average) 2,697.9 1,222
0
Derivatives trading volume (options 494.9
and futures-INRbn-30d avg)
Derivatives trading volume (options 11.9
and futures-US$bn)
THANK YOU