Recognized Stock Exchanges in india

India is ranked seventh in area as a country in whole world and there are 23 recognized stock exchanges in india, It consists of various regional stock exchanges , National stock exchange(NSE), Bombay Stock Exchange (BSE).

Note:
Regional Stock Exchanges are in orange color.
National Stock Exchanges are in green shade.
Bombay Stock Exchange is in blue shade.

Following is the list of various recognized stock exchanges in whole india:

1. BSE (Bombay Stock Exchange, Mumbai, Maharashtra) : Index named as Sensex consists of 30 indian companies.

Regional Stock Exchanges in india :
1. Ludhiana Stock Exchange ( LSE) is situated in industrial hub of Punjab(a state sharing it's border with Pakistan in the west). The stock exchange is situated in Feroze Gandhi Market Complex on National Highway 95 ( Poularly known as Ferozepur Road) and is one of the 23 Stock exchanges located in India.
2. Meerut Stock Exchange ( situated in Uttar Pradesh's Meerut city)
3. Delhi Stock Exchange ( situated in New Delhi,political capital of india)
4. Jaipur Stock Exchange (stock exchange situated in Rajasthan's jaipur city)
5. kanpur Stock Exchange (situated in kanpur, city in Uttar pradesh state of India)
6. Lucknow Stock Exchange (situated in Lucknow, capital of Uttar Pradesh)
7. Patna Stock Exchange (situated at patna, capital of indian state of Bihar)
8. Bhubneshwar Stock Exchange (situated at bhubneshwar, capital city of Orrisa)
9. Guwahati Stock Exchange (situated at Guwahati in Eastern india, capital of Assam)
10. Ahmedabad Stock Exchange (situated in state of Gujarat)
11. Rajkot Stock Exchange (situated in state of Gujarat)
12. Vadodara Stock Exchange (situated in state of Gujarat)
13. Indore Stock Exchange
14. Kolkata Stock Exchange
15. Hyderabad Stock Exchange (situated in Andhra Pradess)
16. Bangalore Stock Exchange (situated in Bangalore, IT hub of India, Karnataka)
17. Mangalore Stock Exchange (situated in state of karnataka)
18. Kochi Stock Exchange (situated in kerala, in south India)
19. Coimbatore Stock Exchange (in tamil Nadu, india)
20. Chennai Stock Exchange (southern most metro of India)
21. Mumbai Stock Exchange (situated in mumbai, Economic capital of India)
22. Pune Stock Exchange (situated in state of Maharashtra)

Cities where National Stock Exchanges in india are present:
1. Ahmedabad (Gujarat)
2. Mumbai (Maharashtra)
3. New Delhi (New Delhi)
4. kolkata (West bengal)
5. Hyderabad (Andhra pradesh)
6. Chennai (Tamil Nadu)

Why BSE dropped more then DJIA

We all may not have noticed in this whole financial crises that Bombay Stock Exchange has dropped much more then Dow Jones Industrial Average, Nasdaq, S & P or any other stock market of USA so what is the reason behind such steep prices drop in india. One reason was that US financial Institutions took their invested money out from the indian stock markets as they were short of money in their native US market as they started selling their stocks held in BSE or NSE both SENSEX and NIFTY started to crumble under excessive selling by the US institutions.

This was also the main reason that US $ went out from india and Indian national rupee(INR) became weak/fell during the same period.

The Sensex was hit much harder than Dow although the epicenter of the financial crisis was the US. Since January 2008, for instance, Sensex fell 58 per cent in rupee and 68 per cent in dollar terms; Dow Jones declined 33 per cent.

The Indian market experienced more than a ripple effect. There were hard financial realities that weighed the Sensex down.

First the Indian stocks were, to start with, over-valued. The P/E had climbed up in 2007 from 25 to 35 (2007 companies) which was not justified by the performance of the corporate sector.

In the quarter ending September 08 earnings declined 34 per cent although sales increased 38 per cent. The margins were under pressure because of the increase in raw material prices and the rate of interest.

Even before the US financial crisis came into the open with the take over of Bear Stearns by J. P. Morgan, 15 per cent was already sliced off from the Sensex.

Second, although most Indian banks did not invest in toxic securities (the root cause of the crisis) there was indirect impact through the FIIs. From net buyers they turned net sellers. FIIs were major investors and held about 25 per cent of the floating stock. In a shallow market FII disinvestment made a significant difference.

The sale of $13 billion of securities would amount to about 4 per cent of floating stock. The NYSE was spared similar disinvestment by foreign investors.

Third, the domestic institutional investors (DIIs) suffered liquidity crunch. The repatriation of the money from sale of shares by FIIs had to be covered by drawing down foreign exchange reserves with the RBI. The return of corresponding rupees soaked out liquidity.

This made it difficult for DIIs, including Mutual Funds and Non Banking Financial Companies, to make fresh investments.

There were consequently hardly any buyers in the market in the month of October when liquidity had absolutely dried up. Had the RBI replenished liquidity in time the drop in stock prices would have slowed down.

Fourth, funds were diverted from shares and even small savings schemes to bank deposits following the increase in the rate of interest. The growth of bank deposits which was 15 per cent at the beginning of the year rose to 20 per cent by the middle of September. Debt became far more attractive than equity

The ripple effect of the international financial crisis was thus exaggerated because of FII disinvestment and adverse domestic financial pressures.

The RBI did take the much needed measures, though late, to replenish liquidity and cut interest rate. It is therefore possible that the Sensex that fell fast may rise early even before the Dow.

Recently it may be noted that US stock markets have not welcomed the victory of Barack Obama as their 44th president which was clear that DJIA, Nasdaq all fell by more then 5% on the same day.

BSE | NSE rates at closing - November 2008

The post provides closing rates details of Dow Jones Industrial Average(DJIA), NASDAQ, BSE (Bombay Stock Exchange), NSE (National Stock Exchange) on per day basis. You can check live DJIA ticker for latest Dow Jones Industrial Average Updates.

Note: The rates shown are according to indian standard calender (calender according to indian time).

For DJIA, S and P Closing rates click here

NOVEMBER 28,2008 - FRIDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8726.61 - Up^247.14
NASDAQ (Closing rates) - 1532.10 - Up^67.37
SENSEX (Closing rates) - 9092.72 - Up^66.00
NIFTY (Closing rates) - 2755.10 - Up^2.85

NOVEMBER 27,2008 - Thursday - BSE | NSE closed due to worse ever terrorist attack in mumbai

NOVEMBER 25,2008 - TUESDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8443.39 - Up^396.97
NASDAQ (Closing rates) - 1472.02 - Up^87.67
SENSEX (Closing rates) - 8695.53 - Down(-207.59)
NIFTY (Closing rates) - 2654.00 - Down(-54.25)


NOVEMBER 24,2008 - MONDAY - Closing Rates :
Dow Jones Industrial Average (DJIA Closing rates) - 8046.42 - Up^494.13
NASDAQ (Closing rates) - 1384.35 - Up^68.23
SENSEX (Closing rates) - 8903.12 - Down(-12.09)
NIFTY (Closing rates) - 2708.25 - Up^14.80

NOVEMBER 21,2008 - FRIDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 7552.29 - Down(-444.99)
NASDAQ (Closing rates) - 1316.12 - Down(-70.30)
SENSEX (Closing rates) - 8915.21 - Up^464.20
NIFTY (Closing rates) - 2693.45 - Up^140.30


NOVEMBER 20,2008 - THURSDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 7997.28 - Down(-427.47)
NASDAQ (Closing rates) - 1386.42 - Down(-96.85)
SENSEX (Closing rates) - 8451.01 - Down(-322.77)
NIFTY (Closing rates) - 2553.15 - Down(-81.85)


NOVEMBER 19,2008 - WEDNESDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8424.75 - Up^151.17
NASDAQ (Closing rates) - 1483.27 - Up^1.22
SENSEX (Closing rates) - 8773.78 - Down(-163.42)
NIFTY (Closing rates) - 2635.00 - Down(-48.15)


NOVEMBER 18,2008 - TUESDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8273.58 - Down(-223.73)
NASDAQ (Closing rates) - 1482.05 - Down(-34.80)
SENSEX (Closing rates) - 8937.20 - Down(-353.81)
NIFTY (Closing rates) - 2683.15 - Down(-116.40)


NOVEMBER 17,2008 - MONDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8497.31 - Down(-337.94)
NASDAQ (Closing rates) - 1516.85 - Down(-79.85)
SENSEX (Closing rates) - 9291.01 - Down(-94.41)
NIFTY (Closing rates) - 2799.55 - Down(-10.80)


NOVEMBER 14,2008 - FRIDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8835.24 - Up^552.58
NASDAQ (Closing rates) - 1596.70 - Up^97.49
SENSEX (Closing rates) - 9385.42 - Down(-150.91)
NIFTY (Closing rates) - 2810.35 - Down(-38.10)

NOVEMBER 13,2008 - THURSDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8282.66 - Down(-411.30)
NASDAQ (Closing rates) - 1499.21 - Down(-81.69)
SENSEX (Closing rates) - 9536.33 - Down(-303.36)
NIFTY (Closing rates) - 2848.45 - Down(-90.20)

NOVEMBER 12,2008 - WEDNESDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8693.96 - Down(-176.58)
NASDAQ (Closing rates) - 1580.90 - Down(-35.84)
SENSEX (Closing rates) - 9536.33 - Down(-303.36)
NIFTY (Closing rates) - 2848.45 - Down(-90.20)

NOVEMBER 11,2008 - TUESDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8870.54 - Down(-73.27)
NASDAQ (Closing rates) - 1616.74 - Down(-30.66)
SENSEX (Closing rates) - 9839.69 - Down(-696.47)
NIFTY (Closing rates) - 2938.65 - Down(-209.60)


NOVEMBER 7,2008 - FRIDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 8695.79 - Down(-443.48)
NASDAQ (Closing rates) - 1608.70 - Down(-72.94)
SENSEX (Closing rates) - 9964.29 - Up^230.07
NIFTY (Closing rates) - 2973.00 - Up^80.35

NOVEMBER 6,2008 - THURSDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 9139.27 - Down(-486.01)
NASDAQ (Closing rates) - 1681.64 - Down(-98.48)
SENSEX (Closing rates) - 9734.22 - Down(-385.79)
NIFTY (Closing rates) - 2892.65 - Down(-102.30)

NOVEMBER 5,2008 - WEDNESDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 9625.28 - Up^305.45
NASDAQ (Closing rates) - 1780.12 - Up^53.79
SENSEX (Closing rates) - 10120.01 - Down(-511.11)
NIFTY (Closing rates) - 2994.95 - Down(-147.15)

NOVEMBER 4,2008 - TUESDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 9319.83 - Down(-5.18)
NASDAQ (Closing rates) - 1726.33 - Up^5.38
SENSEX (Closing rates) - 10631.12 - Up^293.44
NIFTY (Closing rates) - 3142.10 - Up^98.25

NOVEMBER 3,2008 - MONDAY - Closing Rates :
DOW JONES (DJIA Closing rates) - 9325.01 - Up^144.32
NASDAQ (Closing rates) - 1720.95 - Up^22.43
SENSEX (Closing rates) - 10337.68 - Up^549.62
NIFTY (Closing rates) - 3043.85 - Up^158.25

Also see previous 6 months closing rates for analyzing market:
DJIA, BSE, NSE, S and P October closing rates
DJIA, BSE, NSE, NASDAQ-September 2008 closing rates
DJIA, BSE, NSE, NASDAQ-August Closing rates
DJIA, BSE, NSE, NASDAQ-July Closing rates
DJIA, BSE, NSE, NASDAQ-June Closing rates
DJIA, BSE, NSE, NASDAQ-May Closing rates
DJIA, BSE, NSE, NASDAQ-April Closing rates
DJIA, BSE, NSE, NASDAQ-February Closing rates

SEBI may limit FMP's realty sector investments

In an effort to discourage mutual funds high exposure to the real estate sector, capital market regulator SEBI may impose limits on fund allocation to certain sectors in fixed maturity plans (FMP). SEBI, which is undertaking a structural review of FMPs, will also address the issue of asset-liability mismatch at some of the fund houses, according to sources close to the development.

Also read:
BSE, NSE October rates
Insulate your investment from Stock turmoils- stepwise guide
Biggest and largest world economies list


An assessment of MF portfolios by SEBI shows that some funds have 15-16 % exposure to the real estate sector and nearly 5% to non-banking finance companies (NBFCs), the sources said. MFs’ exposure in realty firms and NBFCs is through pass-through certificates.

Both big and small funds have invested in these two sectors. Some fund houses, especially a few smaller ones, were hit badly when large corporate investors exited in the wake of concerns relating to the quality of paper issued by some real estate companies.

The MFs had invested in such paper on hopes of a higher yield. An early exit by large institutional investors can put fund managers in trouble as meeting redemption requirements at short notice is tough. Their only option then will be to sell part of the investment portfolio.

SEBI now wants to close this early exit option, so that FMPs can operate mainly as closed-ended schemes. So far, the regulator has not imposed any limit on the exposure mutual funds can take in a particular sector, although there are limits in terms of investment in various instruments. Fund houses invest the FMP corpus in corporate and securitised paper, certificates of deposit and commercial paper. “We are undertaking a thorough review of the FMP structure,” a top SEBI official said.


Also read:
BSE, NSE October rates
Insulate your investment from Stock turmoils- stepwise guide
Biggest and largest world economies list


The sources said SEBI has noticed a mismatch in asset-liability management (ALM) at some fund houses . Although FMPs are short-term funds, fund managers have taken long-term positions in securities (maturity of one year or more), as they get a higher interest. As FMPs are short-term funds, they are ought to be invested in short-term instruments like Tbills.

The most common FMPs vary in maturities between 3 and 13 months. There is also the likelihood of SEBI introducing a lock-in period for FMPs. As a short-term measure, trustees of some fund houses recently instructed distributors to make payment for redemptions of all fixed-income schemes only after the redemption date, but within 10 days of it.

Over the past one year, FMPs have emerged as one of the most popular products as they have scored over fixed deposits in terms of higher yields and post-tax returns. As of end-September , the corpus of FMPs stood at Rs 1,32,000 crore, accounting for nearly 25% of the Rs 5,32,000-crore assets under management of mutual funds.


Also read:
BSE, NSE October rates
Insulate your investment from Stock turmoils- stepwise guide
Biggest and largest world economies list


from Economictimes

Oct 24 - Blood Bath at SENSEX - Down 1070 pts

Investors will remember October 24, 2008 as the bloody Friday as Indian stock markets were seen all in red through out the day.

In one of the worst trading sessions, investors helplessly saw their Investments being wiped out. Those who were praying for a pull-back were left in the lurch as determined bears tore the market apart.
The gains of the four-year bull-run were lost in just eight months. The biggest damage being suffered in last one month, with the indices losing over 36 per cent

Also read:
How to insulate yourself from Stock market crashes
Daily BSE, NSE, NASDAQ, DJIA Closing rates

For traders, it was a nightmare as red blips flashed on their terminals. The bear onslaught saw their stop-losses getting triggered. The party on the Dalal Street is over, but few would have expected such a savage end where share prices of blue-eyed large cap companies were reduced to that of smallcaps. Reliance Industries and ONGC were down 16.44 per cent and 15.01 per cent respectively.

Indian equities were the worst performers. Bombay Stock Exchange’s Sensex plunged 11 per cent or 1070.63 points to close at 8,701.07. The index touched a low of 8566.82.

National Stock Exchange’s Nifty ended at 2584, down 12.20 per cent or 359.15 points. The broader index touched a low of 2525.05.

Also read:
How to insulate yourself from Stock market crashes
Daily BSE, NSE, NASDAQ, DJIA Closing rates

DLF (-23.96%), Ranbaxy Laboratories (-17.83%), Hindalco Industries (-17.82%), Tata Motors (-16.54%), Reliance Industries (-16.44%) and Mahindra & Mahindra (-16.04%) were the worst hit.

BSE Midcap closed 8.38 per cent lower and BSE Smallcap Index ended 7.66 per cent down. The BSE Realty Index slumped 24.39 per cent and BSE Oil & Gas Index lost 14.97 per cent.

Market breadth on BSE collapsed with 1835 declines against 247 advances.

“Markets have fallen too much and moving up will take some time. It can’t be said as of now whether the correction is over. Though we are in an oversold zone, news from the US markets and liquidity flows will govern the market,” said Dipen Shah, vice-president, private client group of Kotak Securities.


Also read:
How to insulate yourself from Stock market crashes
Daily BSE, NSE, NASDAQ, DJIA Closing rates

However, this doesn’t seem to be the end of catastrophic fall on the Indian bourses. US stock futures hit lower circuit Friday an hour and half before the market opens. The Dow Jones Industrial Average futures slipped 550 points, or 6.27 percent and Standard & Poor's 500 futures shed 60 points or 6.56 per cent.

Earlier in the day, Japan’s Nikkei 225 ended -9.60 per cent lower, Kospi fell 10.57 per cent and Hang Seng declined 8.30 per cent.

European markets also witnessed sharp correction. FTSE 100 was down 8.96 per cent, CAC 40 was down 8.90 per cent and DAX plunged 9.58 per cent.

Shah’s advice to investors is to not panic and sell out everything. “There are still fundamentally sound stocks available at attractive levels. Good quality stocks in largecaps should not be sold and must be accumulated with medium to long term view.


Also read:
How to insulate yourself from Stock market crashes
Daily BSE, NSE, NASDAQ, DJIA Closing rates


Markets opened with a sharp cut but caved in after the Reserve Bank of India announced its half-yearly economic policy review, wherein it left policy rates and reserve ratios unchanged.

The central bank revised lower GDP growth target to 7.5-8.0 per cent from 8.0 per cent earlier but maintained the inflation target at 7 per cent for FY09.
The revision in GDP growth forecasts led to panic among investors, already shaken by the relentless sell-off by foreign funds. There were market reports that long only funds and domestic institutions were too on sell-side.

Get Lucky as an Investor amid Stock Crashes

Get Lucky as an Investor amid Stock Crashes:

before starting reading this post answer these questions to yourself :
Q1 - Do you believe in Investing rather then speculating??
Q2 - Are you an excellent analyst? - Allright strong analytical abilities would do after reading this post.

If your answers to both these questions is a 'YES' then you are the luckiest investor who will make huge profits in these bearish times in stock markets.
- The Bears are all around, future looks sceptical, everyone has moved on to a pessimistic approach from optimistic approach while speculating in share markets in just four short months, but who said that you are a speculator!!Investors are thinking about shrinking money markets and their lost money in Stock Market Crises and it's parent 'US Economy Crash'. I read yesterday that US economy has shed a whopping over $1 trillion in it's value during these tough times of financial crises where all the major indices including Dow Jones Industrial Average(DJIA), Standard and Poor(S&P), New York Stock Exchange(NYSE) are bleeding in red. Asian Economies including Indian Economy, Japanese Economy and Chinese economy are feeling the pinch when there are hardly any dollars in the market. Stock markets like BSE(Bombay Stock Exchange), NSE(National Stock Exchange) have also been engulfed in this down turn and have shed more then 50 percent of their fat to bears prevelant everywhere at this time of the year when compared to higest level reached on January 10, 2008.it's no surprise that the coming festival Season and festivals which are known world wide for their pomp ans show including Diwali and Christmas will be dull this year.the US market crash and Bankruptcy of Investment Banks like Lehman Brothers however Lehman Brothers opened under Barclays, Merill Lynch(Merill Lynch posted a whopping US$ 7.5 billion Q3 loss a few days ago), Wachovia and others have played spoilsport for earlier stock market lovers loving the sport of investing in share markets.

Visitor's who read this post also read:
-Why US Economy crashed
-BSE,DJIA, NSE, NASDAQ Closing rates
-Festivals of Lights- Diwali
-Fortune 500 Companies List

However you need not think about the bearish side before investing, According to Warren Buffet the best time to invest is during a Stock Market Crash, but remember i am talking about investing and not speculation. So it's not ideal time for short time speculators and they will not be benifited from present market.But who said that you are Speculators and not investor's!!!While choosing the company in which you want to invest in present market condition you need to be a great analyst. Ok! but atleast a good analytical brain will still be required after reading this entire post. I don't believe in people saying that future looks dull and dark. Yeah, i know it's true that this whole economic crises started from mortagage and subprime crises in real estate loans in US but could have been prevented if Investment banks and mortagage banks had not become so greedy. Failure of AIG was biggest upset, Any how that is past and i don't want that our past should have impact on our future investment plans I LIVE IN PRESENT GUYS!! and present stock markets looks very promising for investors. remember that i am talking about investors and not speculators. all they need to do is to invest by following these simple steps and use their brain power along the way.

Following points should be true for a company which you choose for investing now:

1. Make a list of Company's whose stocks you wanted to purchase a year ago(however this condition is not limited to only those company's) or before the time when bears took over from the bulls on Wall Street in US or Dalaal Street in Mumbai.

2. Note down the present stock price of these company's(Choose the company which you think are worth your thinking!).

3. Make a detail of the assets of the company (both tangible and non-tangible), also analyse the Balance Sheets of the company's , annual reports or any other financial statements made by the company in last 2 to 3 years.

Visitor's who read this post also read:
-Why US Economy crashed
-BSE,DJIA, NSE, NASDAQ Closing rates
-Festivals of Lights- Diwali
-Fortune 500 Companies List


4. Be sure of the management policies, management capabilities of the company and also don't forget to analyse the managerial activities of the company in recent years.

5. After all the analysis is done and you have made your analysis report card of the company. see the following aspects:

a. If current assets and annual reports of the company show atleast 100% difference then present market value(ie present market value is atleast half of the assets of the company) and if balance sheet of company is showing profits then it's right time to purchase that company's stock NOW!!

b. In minimum six months from your date of investement in such stock you will see that your investment has already reached double and still is growing and man no bank or other investment firm gives such sure returns in such a small interval of time.

6. However you should be sure of the managerial activities and capabilities and if possible the way of working of that company bacause it's all in hand of the management to take company to highest possible levels and remember a single decision of management can change the fortune of the company.

7.This investment approach has a success percentage of 75% in past so you are the lucky one in this global slowdown. One thing i need to emphasise that you should have a strong analytical abilities so that you always remain in top 75% of such investor's and chill you are not the first one to use this approach of investing used by world famous investor.

Kindly do post your comments about this post and was that information useful?

"Working hard to change thinking style of speculators so help me in bringing such speculators a step nearer to world class investor's"

- Himanshu Sharma

- mail me know_himanshu@yahoo.co.in for suggestions and you can send me your views as mail and surely they will be published under your name provided they fulfill the publishing terms and conditions.