Muhurat Trading 2018: First of all, a very happy and prosperous Diwali to you and your family. May this Diwali and the upcoming new years fulfills all the wishes that you wished for. Have a blast!
You might be ready for the Diwali; cleaned your house; bought diyas, candles, sweets & crackers etc. But are you ready for trading this Diwali?
Don’t be confused. Yes, the stock market will remain closed on Diwali, i.e. 7th November 2018, for the day. However, stock exchanges will open for an hour in the evening for trading.
This period of trading called ‘Muhurat Trading’ and this tradition has been followed in India since 1979. The mahurat trading period is considered auspicious for the upcoming year.
BSE and NSE will organize Muhurat Trading session between 5.30 PM and 6.30PM on this Diwali, and the pre-opening session will start at 6.15pm. Hence a normal trading will be conducted between these 60 minutes.
Most of the Indian investing population have heard of only two stock exchanges in India- Bombay stock exchange (BSE) and National stock exchange (NSE).However, the list of stock exchanges in India is bigger than just two.
Apart from BSE and NSE, few of the other popular stock exchanges in India are Calcutta stock exchange, Magadh stock exchange, Metropolitan stock exchange of India etc.
In this post, we are going to highlight the major stock exchanges in India which are registered with the Securities and exchange board of India (SEBI) and currently active. We’ll also share a list of different commodity derivative exchanges in India.
Here are the topics that we’ll discuss today:
Table of Content:
What is a stock exchange?
Two biggest stock exchanges in India
Bombay Stock Exchange
National Stock Exchange
Difference between stock exchange and commodity exchange
The complete list of stock exchanges in India
List of commodity derivative exchanges in India.
1. What is a Stock Exchange?
Before we dive deep into stock and commodity exchange, first of all, let’s understand what is an exchange.
An exchange is an organization or association which hosts a market where stocks, bonds, futures and options, commodities, etc are traded. Here, buyers and sellers come together to trade the financial instruments during the specific hours of business days. (Also read: Stock market timings in India).
A stock exchange is a facility where stocks are traded. Please note that stock exchanges do not own the stocks (similar to the vegetable market where the market doesn’t own the vegetables but connects the buyers and sellers of vegetables at a location).
To trade in a stock exchange, the companies must be listed there. The exchange imposes rules and regulations on the firms & brokers for efficient trading and provides the facility for the issue and redemption of securities. (Also read: How does stock market work?)
Those companies which are not listed on the stock exchanges are traded over the counter (OTC). These are the smaller, riskier and less liquid companies. Generally, they do not meet the requirements of getting listed on the stock exchanges and hence trade over the counter.
2. Two Popular stock exchanges in India
Now, let us first discuss the two of the largest stock largest exchanges in India- Bombay stock exchange and national stock exchange.
Bombay Stock Exchange:
Bombay stock exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai, Maharashtra.
It was established in 1875 and is Asia’s oldest stock exchange.
The BSE is the world’s 11th largest stock exchange with an overall market capitalization of $1.43 Trillion as of March 2016.
More than 5500 companies are publicly listed on the BSE.
National Stock Exchange
The National Stock Exchange (NSE) is the leading stock exchange of India, located in Mumbai, Maharashtra, India. It was started to end the monopoly of the Bombay stock exchange in the Indian market.
NSE was established in 1992 as the first demutualized electronic exchange in the country.
It was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered the easy trading facility to the investors spread across the length and breadth of the country.
NSE has a total market capitalization of more than US$1.41 trillion, making it the world’s 12th-largest stock exchange as of March 2016.
NSE’s index, the NIFTY 50, is used extensively by investors in India and around the world as a barometer of the Indian capital markets.
3. Difference between stock and commodities exchanges.
The stock exchange is a place where the piece of ownership in businesses (i.e. stocks) are bought and sold among the traders. On the other hand, a commodity exchange is a market where goods that come from the earth like gold, silver, corn, soybeans, oil, cattle, coffee, pork etc are traded among the buyers and sellers.
An important difference between both these markets is that commodity exchanges are not just for investment purpose, but also for the business purpose to carry out the operations.
4. The complete list of stock exchanges in India
Here is the list of existing stock exchanges in India as of October 2018.
NSE IFSC LIMITED, Unit No. 46 – 53, 1st Floor, GIFT Aspire One Business Centre, Block 12, Road 1-D – Zone 1, GIFT SEZ, Gandhinagar 382355. Website :https://www.nseifsc.com/
May 28, 2019
Note:The Hyderabad Securities and Enterprises Ltd (erstwhile Hyderabad Stock Exchange), Coimbatore Stock Exchange Ltd, Saurashtra Kutch Stock Exchange Ltd ,Mangalore Stock Exchange, Inter-Connected Stock Exchange of India Ltd, Cochin Stock Exchange Ltd, Bangalore Stock Exchange Ltd , Ludhiana Stock exchange Ltd, Gauhati Stock Exchange Ltd, Bhubaneswar Stock Exchange Ltd, Jaipur Stock Exchange Ltd, OTC Exchange of India , Pune Stock Exchange Ltd, Madras Stock Exchange Ltd, U.P.Stock Exchange Ltd, Madhya Pradesh Stock Exchange Ltd, Vadodara Stock Exchange Ltd, Delhi Stock Exchange Ltd and Ahmedabad Stock Exchange Ltd have been granted exit by SEBI vide orders dated January 25, 2013, April 3, 2013, April 5, 2013, March 3, 2014, December 08, 2014, December 23, 2014, December 26, 2014, December 30, 2014, January 27, 2015, February 09, 2015, March 23, 2015, March 31, 2015 ,April 13, 2015, May 14, 2015, June 09, 2015, November 09, 2015, January 23, 2017 and April 02, 2018 respectively.
Note:(#) Pursuant to Section 131 of Finance Act, 2015 and Central Government notification F.No. 1/9/SM/2015 dated 28th August, 2015 all recognized associations (Commodity derivatives exchanges) under the Forward Contracts (Regulation) Act, 1952 (FCRA) as on September 28, 2015 are deemed to be recognized stock Exchanges under the Securities Contracts (Regulation) Act, 1956 (SCRA).
Warren Buffett, also known as the ‘Oracle of Omaha’ is a popular name in the investing world.
He is an American business magnate, investor, speaker and philanthropist who serves as the chairman and CEO of Berkshire Hathaway. Warren Buffett is considered the greatest investor of all time. As of June 2018, he is the third richest person on the world with a net worth of over $88.5 billion.
Warren Buffett was born on 30th August 1920, in Omaha, Nebraska. He made his first stock investment as an age of eleven. Later, he attended Columbia Business School as a graduate where he learned the philosophies of Value Investing through his mentor- Benjamin Graham, the father of value investing. In 1959, Warren Buffett created his Buffett Partnership after meeting Charlie Munger.
In 1962, Warren Buffett started buying stocks in a textile manufacturing firm called Berkshire Hathaway On May 10, 1965 Warren Buffett, through his investment partnership, took over the management and control of Berkshire Hathaway. Buffett’s partnership firm had accumulated about 49% of the shares of Berkshire.
If you are looking for few best Indian stock market blogs to follow, then you have reached the right place.
Although there are hundreds of stock investing blogs in India, however, in this post we have hand-picked 7 best Indian stock market blogs that every Indian equity investor should follow. (Quick note: Please read this post till the end as there’s a bonus in the last section of this article).
Get money rich (GMR) blog is run by Mani (founded in 2008). You can read a number of interesting articles regarding stock investing, mutual funds, real estate, income tax, personal finance etc on this blog.
This blog is managed by Prof. Sanjay Bakshi. He teaches MBA students (at MDI Gurgaon) two popular courses: “Behavioral Finance & Business Valuation” and “Financial Shenanigans & Governance”. On fundoo professor blog, Mr. Bakshi shares his thoughts as a teacher & practitioner of value investing and behavioral economics.
This blog consists of hundreds of free amazing lessons on investing and human behavior. It’s a great read for the Indian investors to build a strong investing foundation.
‘Safal Niveshak’ means a ‘successful investor’. This blog is managed by Vishal Khandelwal and Anshul Khare. Vishal has 15+ years of experience as an investor. The Safal Niveshak blog is focused to help the small investor, become intelligent, independent, and successful in your stock market investing decisions. They have a newsletter of over 47,000+ subscribers.
You can find many valuable investing lessons on this blog which definitely makes it one of the best Indian stock market blogs.
This blog is managed by Nitin Bhatia, who covers areas like Investment, Insurance, Stocks, Mutual Funds, Credit Score, Taxation, and Business Start-ups. They also run a youtube channel with over 290,000+ Subscribers.
Stable Investor is run by Dev Ashish, a SEBI Registered Investment Advisor.
This blog is focused to help people invest sensibly to achieve financial goals, get their personal finances in order, invest profitably in stocks. Stable Investor has over 11,000+ Newsletter subscribers.
Stable Investor also provides various financial services like financial planning, retirement planning, children future planning etc.
This blog is run by Dr. Vijay Malik, a SEBI registered analyst. He has been actively involved in the Indian equity markets since 2006. The articles on his blog attempt to simplify the process of investment decision making. Dr. Vijay Malik blog provides premium services like ‘Peaceful investing’ workshop, stock analysis excel sheet, ebooks etc.
You can also read the analysis reports of various stocks published on this blog for free making it worth mentioning in our list of best Indian stock market blogs.
Trade Brains was founded by Kritesh Abhishek, an NIT Warangal graduate, in Jan 2017. It is a fastest growing Financial Educational Blog in India with over 18,000+ newsletter subscribers within a year and half of inception. Trade brains blog is focused to teach stock market investing and personal finance to the DIY (do-it-yourself) Investors.
Besides reading blogs, watching videos is also a good alternative to learn to invest. As a bonus, here are two amazing Indian stock market youtube channels that you can subscribe for free to learn to invest in stocks.
FinnovationZ creates easy to understand video contents for beginners. Most of the videos on this channel are in Hindi and hence comfortable to grasp for the native speakers. FinnovationZ has over 270,000+ subscribers on their youtube channel.
Quick Note: If you think we missed any astronishing blog on our list of best Indian stock market blogs, feel free to comment below. We’ll be happy to include it on our list if it’s worth adding. Cheers!
“Passive income” certainly sounds like an interesting and appealing idea, but making money while you sleep is certainly not that easy. Majority of passive income ideas won’t really work (either limited or minimal financial returns or will need a great degree of efforts from your side), certainly not like making money while you sleep.
So, the question is what really works? What are the ideas that can actually get the money ball rolling for you?
Here are some top picks that can help you leverage some real basic factors for that continuous stream of passive income.
#11 Best Passive Ways to Make Money While You Sleep-
1. Sell your art:
You might be a skilled designer, a graphics expert or someone who just picks up the paint-brush as a hobby. But what if those raw pieces of your art can ensure you a continuous flow of money. There are several websites like Etsy, Zazzle, etc. that will pay you a nice amount of money for sharing your artworks with them.
These websites use your artworks to create patterns for their branded t-shirts, mobile covers, posters, mugs etc. Whenever these products are sold, you will be given a fair share of commission from the product price.
2. Express your skills via video channels [Youtube]:
Got some special dance moves, singing skills, the art of mimicry, stand-in comedy or detailed workout sessions? Showcase your talent to the world using YouTube videos from your own channel. YouTube is an immensely popular and exciting medium for earning a decent flow of passive income for yourself.
You will be paid higher as per the number of views, likes, subscriptions, and popularity that your channel will get across different user groups.
Since the introduction of the digital age, online learning platforms and resources have gained a lot of popularity. There are certain web portals like Udemy, Coursera, Edx that offer digital certifications and classes to students across the globe. If you have specialization in any academic, technical or non-technical subject then you can structure your own educational courses on these websites. You will be paid for every subscription or registration that a user makes for your course.
Are you someone who is amazing with a camera in his hands? If yes, then there is a good scope for earning a decent flow of money with your stock photos. There are several websites like Shutterstock, Alamy or iStockPhoto that need photography enthusiasts or experts who can deliver some really amazing and high-quality images from different niches.
5. Rent your vacant property:
Renting your own vacant property can also be a good way to earn some easy passive bucks. Some working professions even prefer moving in shared apartments and houses in order to save their hard earned money.
6. Start your own blog
Got some really exciting cooking recipes, life hacks, astrology tips or interesting hacks to share with others? Just go on and set up your web-blog. Once your blog gains popularity, you can use services like Google Adsense or AdWords to earn a considerable amount of money by displaying corporate or business advertisements on your blogs. Additionally, you can also set subscription fees for the users who want premium access to your content.
There are a number of bloggers who are making tons of money enjoying their life on a beach or travelling by setting passive ways to make money on their blog.
Fond of writing? Great! This can be one big opportunity for you to earn. Convert your passion for writing into some easy money. You can fetch 5-10$ easily with short write-ups of 70-80 pages, but make sure you choose the trending titles and themes. To sell your ebooks, you can choose various platforms, Amazon and iBook are two of the best once.
8. Mutual Funds:
What if you can earn regular income on your basic savings?
Mutual funds are the best passive ways to make money in India. You do not need to spend much time, knowledge or even money to start investing in mutual funds. These funds are managed by professional fund managers and there are several low-risk investment schemes that offer high returns compared to the interest amount that banks pay for your deposits with them. Nevertheless, you will need to select the mutual fund smartly to reduce the risk of financial loses.
If you are willing to invest some time, then investing directly in the stocks offers the highest returns and can easily be considered the best passive ways to make money with even limited investments. You can make money in stocks through capital appreciation and dividends. If you have a good working knowledge of stock market and shares, then it can ensure high returns for your basic investments, but such investments are always subjected to risks of market fluctuations.
Investing in the Real-estate market is another way of ensuring a continuous income stream on a part-time basis. You can either buy a rental property to ensure a monthly fixed amount or look for those perfect deals at the perfect time (when you purchase properties at a low price and then sell the same when the market hits a high.) In both the cases, you will be getting a decent amount of income on regular basis with minimal efforts.
11. E-commerce service outsourcing:
An e-commerce portal that bridges the gap between the local retailers and customers can be a handy way of earning a continuous stream of passive income. Your e-commerce portal, website or app can be structured to serve the requirements of a locality, zone, town or a whole city.
Who knows it might develop into a fully-fledged business venture in future?
BSE Initial public offering (IPO) is set to enter the market on 23 January. The bidding will be open until 25 January. The analysts are expecting a huge demand for the issue of the oldest stock exchange in asia.
The issue price for the Bombay stock exchange initial public offering will be Rs 805 – 806 per share. The minimum order quantity will be 18 shares.
Here are the details about the BSE Initial public offering:
Issue Open: Jan 23, 2017 – Jan 25, 2017
Issue Price: Rs. 805 – Rs. 806 Per Equity Share Minimum Order Quantity: 18 Shares Market Lot: 18 Shares
Face Value: Rs 2 Per Equity Share
Issue Type: Book Built Issue IPO Issue Size: 15,427,197 Equity Shares of Rs 2 aggregating up to Rs 1,243.43 Cr
Yesterday, Tata sons announced the appointment of N Chandrasekaran, 53, as the Chairman of the Tata Sons. The holding company of $116 billion group. He is currently the chief executive officer of the largest software company of India, TCS. He will take his post as Chairman from 21st Feb.
TCS also appointed Rajesh Gopinathan as the CEO of the Tata consultancy services. Prior to Thursday’s appointment, Gopinathan served as Chief Financial Officer(CFO) of the company since February 2013.
On Thursday, the Tata Sons board met at their Bombay house (the headquarter of the TATA sons) and chose N Chandrasekaran unanimously. The panel for selection of the chairman is headed by veteran interim chairman Mr Ratan Tata. Other members are TVS Chairman Venu Srinivasan, Bain Capital’s Amit Chandra, former diplomat Ronen Sen and Kumar Bhattacharyya of Warwick University.
The software engineer who joined TCS in 1987 and became the CEO in 2009. During his years at TCS, the TCS has jumped three fold from Rs 30,ooo crore in 2010 to Rs 1.09 Lakh crore in FY16. Profits also jumpe more than three times (from Rs 7,094 crore to Rs 24,375 crore). TCS now accounts 60% of the Tata group’s combined market cap of $116 billion.
“Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director of TCS. We believe he will now inspire the entire Tata Group to realise its potential, acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata Group which have stood it in good stead,” Tata Sons said in a statement.
“I will grow into the role over a period of time. It is a responsibility which requires binding the group together. I want to show my gratitude to the board and RNT,” exclaimed Chandrasekaran after the accouterment.
N Chandrasekaran was sure winner, claims some sources as he was an insider who is familiar with TATA culture, experience and working of the group We congratulate N Chandrasekaran for the crown post and will be looking forward for the Chandra’s global experience as the chairman.