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INTRODUCTION OF NATIONAL STOCK EXCHANGE, NASDAQ, DOWJONES, , TOKYO STOCK EXCHANGE, SHANGHAI STOCK EXCHANGE:- 1. NSE (NATIONAL STOCK EXCHANGE):- (NIFTY 50 ) The CNX Nifty, also called the Nifty 50 or simply the Nifty, is a stock market index and benchmark index for Indian equity market. Nifty is owned and managed by India Index Services and Products Ltd. (IISL), which is a joint venture between NSE and CRISIL (Credit Rating and Information Services of India Ltd). IISL is India's first specialized company focused upon the index as a core product. IISL has a marketing and licensing agreement with Standard & Poor's for co-branding equity indices. 'CNX' in its name stands for 'CRISIL NSE Index'. CNX Nifty has shaped up as the largest single financial product in India. The CNX Nifty covers 22 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The CNX Nifty stock represents about 67.27% of the free float market capitalization of the stocks listed at National Stock Exchange (NSE) as on September 30, 2012. The base value of the index has been set at 1000, and a base capital of Rs 2.06 trillion. The CNX Nifty Index was developed by Ajay Shah and Susan Thomas. The CNX Nifty currently consists of the following 50 major Indian companies; here is the list of 50 companies that form part of CNX Nifty Index as on 1 April 2013: NAVNIRAM INSTITUTE OF MANAGEMENT Page 1

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Page 1: Nifty and all final

INTRODUCTION OF NATIONAL STOCK EXCHANGE, NASDAQ, DOWJONES, , TOKYO STOCK EXCHANGE,

SHANGHAI STOCK EXCHANGE:-

1. NSE (NATIONAL STOCK EXCHANGE):- (NIFTY 50 )

The CNX Nifty, also called the Nifty 50 or simply the Nifty, is a stock market index and benchmark index for Indian equity market. Nifty is owned and managed by India Index Services and Products Ltd. (IISL), which is a joint venture between NSE and CRISIL (Credit Rating and Information Services of India Ltd). IISL is India's first specialized company focused upon the index as a core product. IISL has a marketing and licensing agreement with Standard & Poor's for co-branding equity indices. 'CNX' in its name stands for 'CRISIL NSE Index'.

CNX Nifty has shaped up as the largest single financial product in India. The CNX Nifty covers 22 sectors of the Indian economy and offers investment managers exposure to the Indian market in one portfolio. The CNX Nifty stock represents about 67.27% of the free float market capitalization of the stocks listed at National Stock Exchange (NSE) as on September 30, 2012.

The base value of the index has been set at 1000, and a base capital of Rs 2.06 trillion. The CNX Nifty Index was developed by Ajay Shah and Susan Thomas. The CNX Nifty currently consists of the following 50 major Indian companies; here is the list of 50 companies that form part of CNX Nifty Index as on 1 April 2013:

NIFTY TOP 50 LISTED COMPANY:-

S.No. Company Name

01. ACC Ltd.

02. Ambuja Cements Ltd.

03. Asian Paints Ltd.

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04. Axis Bank Ltd.

05. Bajaj Auto Ltd.

06. Bank of Baroda

07. Bharat Heavy Electricals Ltd.

08. Bharat Petroleum Corporation Ltd.

09. Bharti Airtel Ltd.

10. Cairn India Ltd.

11. Cipla Ltd.

12. Coal India Ltd.

13. DLF Ltd.

14. Dr. Reddy's Laboratories Ltd.

15. GAIL (India) Ltd.

16. Grasim Industries Ltd.

17. HCL Technologies Ltd.

18. HDFC Bank Ltd.

19. Hero MotoCorp Ltd.

20. Hindalco Industries Ltd.

21. Hindustan Unilever Ltd.

22. Housing Development Finance Corporation Ltd.

23. I T C Ltd.

24. ICICI Bank Ltd.

25. Infosys Ltd.

26. Infrastructure Development Finance Co. Ltd.

27. Jaiprakash Associates Ltd.

28. Jindal Steel & Power Ltd.

29. Kotak Mahindra Bank Ltd.

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30. Larsen & Toubro Ltd.

31. Lupin Ltd.

32. Mahindra & Mahindra Ltd.

33. Maruti Suzuki India Ltd.

34. NTPC Ltd.

35. Oil & Natural Gas Corporation Ltd.

36. Power Grid Corporation of India Ltd.

37. Punjab National Bank

38. Ranbaxy Laboratories Ltd.

39. Reliance Industries Ltd.

40. Reliance Infrastructure Ltd.

41. Sesa Goa Ltd.

42. NMDC

43. State Bank of India

44. Sun Pharmaceutical Industries Ltd.

45. Tata Consultancy Services Ltd.

46. Tata Motors Ltd.

47. Tata Power Co. Ltd.

48. Tata Steel Ltd.

49. UltraTech Cement Ltd.

50. Indusind Bank

MAJOR FALLS:-

16 Aug 2013 --- 234.45 Points (because of rupee depreciation)

27 Aug 2013 --- 189.05 Points

03 Sep Aug 2013 --- 209.30 Points

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INTRODUCTION OF NATIONAL STOCK EXCHANGE :-

The National Stock Exchange (NSE) is stock exchange located in Mumbai, India. It is the 11th largest stock exchange in the world by market capitalization and largest in India by daily turnover and number of trades, for both equities and derivative trading.NSE has a market capitalization of more than US$1 trillion and 1,665 companies listed as of December 2012. Though a number of other exchanges exist, NSE and the Bombay Stock Exchange are the two most significant stock exchanges in India and between them are responsible for the vast majority of share transactions. The NSE's key index is the S&P CNX Nifty, now known as the NSE NIFTY (National Stock Exchange Fifty), an index of fifty major stocks weighted by market capitalization.

NSE is mutually owned by a set of leading financial institutions, banks, insurance companies and other financial intermediaries in India but its ownership and management operate as separate entities.

The National Stock Exchange of Independent India was set up by Government of India on the recommendation of Pherwani Committee in 1991. Promoted by leading financial institutions essentially led by IDBI at the behest of the Government of India, it was incorporated in November 1992 as a tax-paying company. In April 1993, it was recognised as a stock exchange under the Securities Contracts Act, 1956. NSE commenced operations in the Wholesale Debt Market (WDM) segment in June 1994. The Capital market segment of the NSE commenced operations in November 1994, while operations in the Derivatives segment commenced in June 2000.

Nifty indices:-

1. NSE(National stock exchange)2. CRISIL(credit rating and information services of india ltd.)3. IISL

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2. NASDAQ:-

Type Stock exchange

Location New York City, New York, United States

Founded February 4, 1971

Owner NASDAQ OMX Group

Currency United States dollar

No. of listings 2,784 (Dec 2011)[1]

Market Cap $4.45 trillion (Jan 2012)[2] i

Volume $982 billion (Feb 2011)

Website NASDAQ.com

NASDAQ was founded in 1971by the National Association of Securities Dealers (NASD), who divested themselves of it in a series of sales in 2000 and 2001. It is owned and operated by the NASDAQ OMX Group, the stock of which was listed on its own stock exchange beginning July 2, 2002, under the ticker symbol NDAQ. It is regulated by the Financial Industry Regulatory Authority (FINRA), the successor to the NASD.

When the NASDAQ stock exchange began trading on February 8, 1971, it was the world's first electronic stock market. At first, it was merely a computer bulletin board system and did not actually connect buyers and sellers.

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In 1992, it joined with the London Stock Exchange to form the first intercontinental linkage of securities markets. NASD spun off NASDAQ in 2000 to form a publicly traded company, the NASDAQ Stock Market, Inc.

In 2006 NASDAQ changed from stock market to licensed national exchange.

On November 8, 2007, NASDAQ bought the Philadelphia Stock Exchange (PHLX) for US$652 million.

In 2013, NASDAQ was approached by private equity firm Carlyle Group about taking the exchange operator private, but the talks fell apart over a disagreement on price.

1.

Indices :-

1. NASDAQ 1002. NASDAQ open 1003. NASDAQ omx group4. NASDAQ dubai5. NASDAQ composite

The NASDAQ Stock Market, commonly known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for National Association of Securities Dealers Automated Quotations. It is the second-largest stock market comparing to official stock exchanges by market capitalization in the world, after the New York Stock Exchange. The exchange platform is owned by NASDAQ OMX Group, which also owns the OMX stock market network.

NASDAQ was founded in 1971 by the National Association of Securities Dealers (NASD), who divested themselves of it in a series of sales in 2000 and 2001. It is owned and operated by the NASDAQ OMX Group.

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3. DOWJONES: -

Trading name S&P Dow Jones Indices

Type Joint venture of McGraw Hill Financial, CME Group Inc. and

Dow Jones & Company, which is a subsidiary of News

Corporation.

Founded 15 Wall Street, New York (1882)

Founder(s) Charles Dow, Edward Jones, Charles Bergstresser

Headquarters 55 Water Street, New York, NY

Parent McGraw Hill Financial; with CME Group Inc. and News

Corporation as minority partners.

Website www.spindices.com

The Dow Jones Industrial Average is the most well-known share index in the USA. The Dow Jones was developed by Charles Henry Dow and originally contained just 12 American companies. It was published for the first time in May 1896 and opened at a level of 40.94 points. Today, the Dow Jones Industrial Average consists of the 30 most important market-leading companies on the American stock exchange and reflects their growth.

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Like the Swiss Market Index (SMI), the Dow Jones is a price index. The shares included in it are weighted according to price; the index level represents the average of the shares included in it. Dividend payments are not considered in the index.

The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria. Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed.

It produces, maintains, licenses, and markets stock market indices as benchmarks and as the basis of investible products, such as exchange traded funds (ETFs), mutual funds, and structured products. The company currently has employees in 15 cities worldwide, including New York, NY, London, Frankfurt, Singapore, Hong Kong, Beijing, and Dubai.

NYSE Indices:-(New York stock exchange)

1) Dow Jones industrial2) S&P 5003) Average4) NYSE Composite

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4. TOKYO STOCK EXCHANGE:- ( 東京証券取引所 )

Type Stock exchange

Location Tokyo, Japan

Coordinates 35°40′57.60″N 139°46′43.71″E

Founded 1878

Owner Japan Exchange Group, Inc.

(Tokyo Stock Exchange Group, Inc.)

Key people Taizo Nishimuro, Chairman

Atsushi Saito, President&CEO

Yasuo Tobiyama, MD, COO& CFO

Currency Japanese yen

No. of listings 2,292

Market Cap US$3.3 trillion (Dec 2011)[1]

Volume US$3.9 trillion (Dec 2011)

Indexes Nikkei 225

TOPIX

Website TSE.or.jp

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[ Tokyo Stock exhchange ]

The main trading room inside TSE Arrows of the Tokyo Stock Exchange, where trading is currently completed through computers.

The TSE is incorporated as a kabushiki gaisha with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi-kabutocho (JA: 日本橋兜町),

Chūō, Tokyo, or "Kabutocho", which is the largest financial district in Japan. Its operating hours are from 9:00 to 11:30 a.m. and from 12:30 to 3:00 p.m. From April 24, 2006, the afternoon trading session started at its usual time of 12:30 p.m.

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Stocks listed on the TSE are separated into the First Section for large companies, the Second Section for mid-sized companies, and the Mothers (Market of the high-growth and emerging stocks) (ja: マザーズ ?) Section for high-growth startup companies. As of October 31, 2010, there are 1,675 First Section companies, 437 Second Section companies and 182 Mothers companies.

The main indices tracking the TSE are the Nikkei 225 index of companies selected by the Nihon Keizai Shimbun (Japan's largest business newspaper).

Tokyo Indices:-

1) Tokyo Stock Exchange REIT 2) TOPIX 1003) TOPIX 5004) TOPIX 10005) Core 30

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5. SHANGHAI STOCK EXCHANGE:-

Type Stock Exchange

Location Shanghai, China

Founded 26 November 1990

Key people Geng Liang (Chairman)

Zhang Yujun (President)

Currency RMB

No. of listings 932 (May 2012)

Market Cap US$2.3 trillion (Dec 2011)[1]

Volume US$0.5 trillion (Dec 2009)

Indexes SSE Composite

SSE 50

Website www.sse.com.cn

english.sse.com.cn

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The Shanghai Stock Exchange (SSE) (Chinese: 上海证券交易所), is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China; the other is the Shenzhen Stock Exchange. Shanghai Stock Exchange is the world's 6th largest stock market by market capitalization at US$2.3 trillion as of Dec 2011. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors due to tight capital account controls exercised by the Chinese mainland authorities.

The formation of the International Settlement (foreign concession areas) in Shanghai was the result of the Treaty of Nanking of 1842 (which ended the First Opium War) and subsequent agreements between the Chinese and foreign governments were crucial to the development of foreign trade in China and of the foreign community in Shanghai. The market for securities trading in Shanghai begins in the late 1860s. The first shares list appeared in June 1866 and by then Shanghai's International Settlement had developed the conditions conducive to the emergence of a share market: several banks, a legal framework for joint-stock companies, and an interest in diversification among the established trading houses (although the trading houses themselves remained partnerships).

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In 1891 during the boom in mining shares, foreign businessmen founded the "Shanghai Sharebrokers' Association" headquartered in Shanghai as China's first stock exchange. In 1904 the Association applied for registration in Hong Kong under the provision of the Companies ordinance and was renamed as the "Shanghai Stock Exchange". The supply of securities came primarily from local companies. In the early days, banks dominated private shares but, by 1880, only the Hong Kong and Shanghai local banks remained.

Later in 1920 and 1921, "Shanghai Securities & Commodities Exchange" and "Shanghai Chinese Merchant Exchange" started operation respectively. An amalgamation eventually took place in 1929, and the combined markets operated thereafter as the "Shanghai Stock Exchange". Shipping, insurance, and docks persisted to 1940 but were overshadowed by industrial shares after the Treaty of Shimonoseki of 1895, which permitted Japan, and by extension other nations which had treaties with China, to establish factories in Shanghai and other treaty ports. Rubber plantations became the staple of stock trading beginning in the second decade of the 20th century.

By the 1930s, Shanghai had emerged as the financial center of the Far East, where both Chinese and foreign investors could trade stocks, debentures, government bonds, and futures. The operation of Shanghai Stock Exchange came to an abrupt halt after Japanese troops occupied the Shanghai International Settlement on December 8, 1941. In 1946, Shanghai Stock Exchange resumed its operations before closing again 3 years later in 1949, after the Communist revolution took place.

After the Cultural Revolution ended and Deng Xiaoping rose to power, China was re-opened to the outside world in 1978. During the 1980s, China's securities market evolved in tandem with the country's economic reform and opening up and the development of socialist market economy. On 26 November 1990, Shanghai Stock Exchange was re-established and operations began a few weeks later on 19 December.

Shanghai Indices:-

1) SSE Composite2) SSE 50

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3) CHRONOLOGY:

1866 - The first share list appeared in June.

1871 - Speculative bubble burst triggered by monetary panic.

1883 - Credit crisis resulted speculation in Chinese companies.

1890 - Bank crisis started from Hong Kong.

1891 - "Shanghai Share brokers Association" established.

1895 - Treaty of Shimonoseki opened Chinese market to foreign investors.

1904 - Renamed to "Shanghai Stock Exchange".

1909-1910 - Rubber boom.

1911 - Revolution and the abdication of the Qing Dynasty. Founding of the Republic of China.

1914 - Market closed for a few months due to the Great War (World War I).

1919 - Speculation in cotton shares.

1925 - Second rubber boom.

1929 - "Shanghai Securities & Commodities Exchange" and "Shanghai Chinese Merchant Exchange" were merged into the existing Shanghai Stock Exchange.

1931 - Incursion of Japanese forces into northern China.

1930s - The market was dominated by the rubber share price movements.

1941 - The market closed on Friday 5 December. Japanese troops occupied Shanghai.

1946-1949 - Temporary resumption of the Shanghai Stock Exchange until the communist revolution. Founding of the People's Republic of China in 1949.

1978 - Deng Xiaoping emerged as the dominant figure in China's leadership, thus beginning a period of 'opening up' to the rest of the world.

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1981 - Trading in treasury bonds were resumed.

1984 - Company stocks and corporate bonds emerged in Shanghai and a few other cities.

1990 - The present Shanghai Stock Exchange re-opened on November 26 and began operation on December 19.

2001-2005 - A four-year market slump which saw Shanghai's market value halved, after reaching a peak in 2001. A ban on new IPOs was put in April 2005 to curb the slump and allow more than US$200 billion of mostly state-owned equity to be converted to tradable shares.

2006 - The SSE resumed full operation as the yearlong ban on IPOs was lifted in May. The world's second largest (US$21.9 billion) IPO by the Industrial and Commercial Bank of China (ICBC) was launched in both Shanghai and Hong Kong stock markets.

2007-2008 - A "stock market frenzy" as speculative traders rush into the market, making China's stock exchange temporarily the world's second largest in terms of turnover. After reaching an all-time high of 6,124.044 points on October 16, 2007, the benchmark Shanghai Composite Index ended 2008 down a record 65% mainly due to the impact of the global economic crisis which started in mid-2008.

2010 - Agricultural Bank of China completed the world's largest IPO to date worth US$22.1 billion.

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Year High Low Turnover(Rs. Crore)

2001 1422.95 849.95 370947.4

2002 1178.1 921.65 363469.3

2003 1168.85 929.75 483411.7

2004 2101.6 908.75 511978.3

2005 2058.5 901.9 688596.5

2006 2158 885.25 789658.4

2007 3269.7 958.30 800256.6

2008 4444.7 2860.8 890189.1

2009 2895.2 2251 930568.2

2010 5388.12 5009.5 989123.7

2011 5992.45 5312.7 1009258.0

Nifty

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NASDAQ

Year High Low Turnover(Rs. Crore)

2001 12.37 9.8 6049.25

2002 13.58 8.2 7458.2

2003 14.52 9.4 8965.38

2004 13.08 8.3 8265.32

2005 12.69 8.1 7489.98

2006 11.65 9.5 8647.48

2007 13.04 9.7 8648.58

2008 14.58 9.1 7658.32

2009 11.36 8.3 6789.50

2010 12.36 7.3 7258.41

2011 13.47 8.7 8523.32

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Dow jones

Year High Low Turnover(Rs. Crore)

2001 2013.8 987.5 525890.23

2002 2125.5 1023.5 601235.02

2003 2890 885.0 678235.0

2004 3021.9 789.0 720560.41

2005 3125.4 1056.2 792056.00

2006 4278.9 2987.3 850235.23

2007 3654.8 2887.3 909325.58

2008 2214.7 1023.4 998547.32

2009 1252.6 875.12 1056879.58

2010 3025.8 965.03 1123456.98

2011 3124.7 987.23 1210256.03

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Shanghai

Year High Low Turnover(Rs. Crore)

2001 2231.12 987.36 323857.24

2002 3024.32 952.36 399587.78

2003 3125.25 942.78 469021.89

2004 3225.89 1025.63 578452.39

2005 3378.15 1178.96 658471.74

2006 3458.74 887.55 763254.12

2007 2412.85 851.78 856321.85

2008 2789.10 964.52 900253.45

2009 3056.21 947.21 987563.24

2010 3256.41 875.25 1002365.28

2011 3312.56 1024.32 1088945.47

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Tokyo

Year High Low Turnover(Rs.Crore)

2001 2547.32 987.21 356248.23

2002 2478.36 875.32 389564.14

2003 2258.69 963.21 400236.69

2004 2157.34 854.25 401258.78

2005 2365.98 1023.56 499875.74

2006 2658.15 999.36 501259.36

2007 2748.32 841.26 599478.20

2008 2856.41 852.34 600478.39

2009 3014.58 741.29 699523.68

2010 3015.89 784.36 705014.78

2011 3125.69 1123.69 820365.14

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Comparison Stock Market

Year Nifty-Dowjones Nifty-Shanghai Nifty-Tokyo Nifty-Nasdaq

2001 -26.54 38.44 -52.07 48.39

2002 -138.17 -214.69 -196.65 -81.99

2003 -239.05 -241.35 -180.30 -72.33

2004 -129.17 20.16 -6.41 35.62

2005 17.83 -15.84 0.98 35.62

2006 48.81 -26.04 -5.79 68.72

2007 70.30 8.49 1.84 63.77

2008 50.93 83.53 10.98 -5.47

2009 -35.46 -210 -238.92 -21.07

2010 -870.08 -941.59 -953.99 -483.19

2011 -503.26 -509.08 -464.81 -212.26

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