What is DJIA/Dow Jones?

The DJIA is also called as DOW, Dow Jones. DJIA is one of the oldest stock market indexes in USA. DJIA stands for Dow Jones Industrial Average. Like any other stock market index, DJIA also an indicator of overall performance of the stock market. The DJIA is composed up of 30 top companies and industry leaders from different sectors traded daily in New York Stock Exchange or NASDAQ.

DJIA is created by Wall Street Journal editor and Dow Jones & Company founder Charles Dow in 1896. DJIA is criticized for being a price-weighted average. Since it gives high-priced stocks more value than their counterparts while computing DJIA. I.e the stock with $20 price has more influence on DJIA than a $10 stock. Read more

December 30, 2008 | Filed Under Stocks | Leave a Comment

What is NASDAQ?

The NASDAQ is an American stock exchange. It is located in New York City, United states. NASDAQ is the largest electronic stock exchange in United States and first electronic stock exchange in the world. NASDAQ stands for National Association of Securities Dealers Automated Quotations.

NASDAQ lists over 3,200 companies from different sectors of industry including non-us companies. NASDAQ was started in 1971 by National Association of Securities Dealers. Presently NASDAQ is owned by NASDAQ OMX Group. Read more

December 30, 2008 | Filed Under Stocks | Leave a Comment

List of NIFTY stocks

NIFTY consists of 50 top stocks from different sectors of NSE. Below is the list by 20th December 2008.

1. ABB Ltd : ELECTRICAL EQUIPMENT
2. ACC Ltd : CEMENT AND CEMENT PRODUCTS
3. Ambuja Cements Ltd : CEMENT AND CEMENT PRODUCTS
4. BHEL : ELECTRICAL EQUIPMENT
5. Bharat Petroleum Corporation Ltd(BPCL) : REFINERIES
6. Bharti Airtel Ltd : TELECOMMUNICATION - SERVICES
7. Cairn India Ltd : OIL EXPLORATION/PRODUCTION
8. Cipla Ltd : PHARMACEUTICALS
9. DLF Ltd : CONSTRUCTION Read more

December 20, 2008 | Filed Under Fundamental Analysis | Comments Off

What is NIFTY?

NIFTY is an Index computed from performance of top stocks from different sectors listed in NSE (National stock exchange). NIFTY consists of 50 companies from 24 different sectors. NIFTY stands for National Stock Exchange’s Fifty. The companies which form index of NIFTY may vary from time to time based on many factors considered by NSE. NIFTY is for NSE as similar to SENSEX is for BSE

December 20, 2008 | Filed Under Fundamental Analysis | Leave a Comment

Reliance Infrastructure - Sensex stocks 20

Reliance Infrastructure:

Key data:

Industry: Electricity Generation and Distribution
No of shares: 230,870,262
Face value: Rs 10
BSE code: 500390
NSE code: RELINFRA
Key people: Anil Ambani

Share holding pattern (as on 30th Sep 2008):

Promoters: 36.83%
Foreign & Institutional investors: 42.03%
Public & others: 21.14%

Earlier Reliance Infrastructure Limited was called as Reliance Energy Limited. Reliance Energy came into existence when it took over BSES (Bombay Suburban Electric Supply) in 2002. Reliance Infrastructure is one of the companies in Reliance - Anil Dhirubhai Ambani Group. Read more

November 30, 2008 | Filed Under Stock Research | Leave a Comment