Market
Todays Sensex went down by 2 points 19345 and the NSE was down by 13 points 5742.The RBI did not change the rates so the markets were disappointed yesterday having a bad fall.The rupee also is very weak. Today the Markets had gone down by 100 points mid session but recovered later . The recovery is a reaction to the fall. The European Markets were strong today. Markets in India fell due to the weak rupee. A lot of 2nd quarterly results are expected in the coming days.Good to pick up,during declines and sell during an upward correction. HAPPY INVESTING.
What is a Share?
A share is a fractional ownership of a company. For eg.. The promoters of a Company having a capital of Rs.1 crore might give Rs 25 lakhs worth of shares to the public.This has to be purchased by applying for the shares when they are called for by the promoters. An application money has to be paid which forms the purchase price.