1.
Ticker symbol
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A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both, ticker symbol refers to the symbols that were printed on the ticker tape of a ticker tape machine. Stock symbols are unique identifiers assigned to each security traded on a particular market, for example, AAPL is for Apple Inc. OODH is for Orion DHC, Inc. and HD is for Home Depot, a stock symbol can consist of letters, numbers, or a combination of both, and is a way to uniquely identify that stock. The symbols were kept as short as possible to reduce the number of characters that had to be printed on the ticker tape, the allocation of symbols and formatting convention is specific to each stock exchange. In the US, for example, stock tickers are typically between 1 and 4 letters and represent the name where possible. In Europe, most exchanges use three-letter codes, for example Dutch consumer goods company Unilever traded on the Amsterdam Euronext exchange has the symbol UNA, while in Asia, numbers are often used as stock tickers to avoid issues for international investors when using non-Latin scripts. For example, the bank HSBCs stock traded on the Hong Kong Stock Exchange has the ticker symbol 0005, symbols sometimes change to reflect mergers. Prior to the 1999 merger with Mobil Oil, Exxon used a spelling of the company XON as its ticker symbol. The symbol of the firm after the merger was XOM, symbols are sometimes reused, in the US the single-letter symbols are particularly sought after as vanity symbols. For example, since Mar 2008 Visa Inc. has used the symbol V that had previously used by Vivendi which had delisted. To fully qualify a stock, both the ticker and the exchange or country of listing needs to be known, on many systems both must be specified to uniquely identify the security. This is often done by appending the location or exchange code to the ticker, although stock tickers identify a security, they are exchange dependent, generally limited to stocks and can change. These limitations have led to the development of other codes in financial markets to identify securities for settlement purposes, the most prevalent of these is the International Securities Identifying Number. An ISIN uniquely identifies a security and its structure is defined in ISO6166, Securities for which ISINs are issued include bonds, commercial paper, stocks, and warrants. The ISIN identifies the security, not the exchange on which it trades, for instance, Daimler AG stock trades on twenty-two different stock exchanges worldwide, and is priced in five different currencies, it has the same ISIN on each, though not the same ticker symbol. ISIN cannot specify a particular trade in this case, and another identifier, following the introduction of the Sequence trading platform in 1996, EPICs were renamed Tradable Instrument Display Mnemonics, but they are still widely referred to as EPICs. Stocks can also be identified using their SEDOL number or their ISIN, in the United States, modern letter-only ticker symbols were developed by Standard & Poors to bring a national standard to investing
2.
Bombay Stock Exchange
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The Bombay Stock Exchange is an Indian stock exchange located at Dalal Street, Kala Ghoda, Mumbai, Maharashtra, India. Established in 1875, the BSE is Asia’s first stock exchange and it claims to be the worlds fastest stock exchange, with a median trade speed of 6 microseconds. The BSE is the worlds 11th largest stock exchange with a market capitalization of $1.43 Trillion as of March,2016. More than 5500 companies are listed on the BSE. Unlike countries like the United States where 70% of the GDP is derived from larger companies and the corporate sector, of these, as of November 2016, there are only 7,800 listed companies of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only about 4% of the Indian economy, Bombay Stock Exchange founded by Premchand Roychand. He was one of the most influential businessmen in 19th-century Bombay, a man who made a fortune in the stockbroking business and came to be known as the Cotton King, the Bullion King or just the Big Bull. He was also the founder of the Native Share and Stock Brokers Association, the Bombay Stock Exchange is the oldest exchange in Asia. Its history dates back to 1855, when five stockbrokers would gather under banyan trees in front of Mumbais Town Hall, the location of these meetings changed many times to accommodate an increasing number of brokers. The group eventually moved to Dalal Street in 1874 and became an organization known as The Native Share & Stock Brokers Association in 1875. On August 31,1957, the BSE became the first stock exchange to be recognized by the Indian Government under the Securities Contracts Regulation Act, in 1980, the exchange moved to the Phiroze Jeejeebhoy Towers at Dalal Street, Fort area. In 1986, it developed the BSE SENSEX index, giving the BSE a means to measure the performance of the exchange. In 2000, the BSE used this index to open its derivatives market, the development of SENSEX options along with equity derivatives followed in 2001 and 2002, expanding the BSEs trading platform. Historically an open outcry floor trading exchange, the Bombay Stock Exchange switched to a trading system developed by CMC Ltd. in 1995. It took the exchange only 50 days to make this transition and this automated, screen-based trading platform called BSE On-Line Trading had a capacity of 8 million orders per day. The BSE has also introduced a centralized exchange-based internet trading system, the BSE is also a Partner Exchange of the United Nations Sustainable Stock Exchange initiative, joining in September 2012. Robert Owen was the first to start co operative society at year of 18441 March 2001 Corporatisation of Exchanges proposed by the Union Govt. e, date on which Corporatisaton and Demutualisation was achieved. BSEs normal trading sessions occur on all days of the week except weekends, the launch of SENSEX in 1986 was later followed up in January 1989 by the introduction of the BSE National Index
3.
National Stock Exchange of India
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The National Stock Exchange of India Limited is the leading stock exchange of India, located in Mumbai. NSE was established in 1992 as the first demutualized electronic exchange in the country. National Stock Exchange has a market capitalization of more than US$1.41 trillion. NSEs flagship index, the NIFTY50, the 51 stock index, is used extensively by investors in India, however, only about 4% of the Indian economy / GDP is actually derived from the stock exchanges in India. NSE was set up by a group of leading Indian financial institutions at the behest of the government of India to bring transparency to the Indian capital market. Based on the laid out by the government committee, NSE has been established with a diversified shareholding comprising domestic. The key domestic investors include Life Insurance Corporation of India, State Bank of India, IFCI Limited IDFC Limited and Stock Holding Corporation of India Limited. And the key global investors are Gagil FDI Limited, GS Strategic Investments Limited, SAIF II SE Investments Mauritius Limited, Aranda Investments Pte Limited, NSE offers trading, clearing and settlement services in equity, equity derivatives, debt and currency derivatives segments. It is the first exchange in India to introduce electronic trading facility thus connecting together the investor base of the entire country, NSE has 2500 VSATs and 3000 leased lines spread over more than 2000 cities across India. NSE commenced operations in the Wholesale Debt Market 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. Of these only 7,800 companies are listed of which only 4000 trade on the stock exchanges at BSE and NSE. Hence the stocks trading at the BSE and NSE account for only around 4% of the Indian economy, NSE was mainly set up to bring in transparency in the markets. Instead of trading membership being confined to a group of brokers, NSE ensured that anyone who was qualified, experienced, in this context, NSE was ahead of its times when it separated ownership and management in the exchange under SEBIs supervision. The price information which could earlier be accessed only by a handful of people could now be seen by a client in a location with the same ease. The paper-based settlement was replaced by electronic depository-based accounts and settlement of trades was always done on time, one of the most critical changes was that a robust risk management system was set in place, so that settlement guarantees could protect investors against broker defaults. NSE was also instrumental in creating the National Securities Depository Limited which allows investors to hold and transfer their shares. It also allows investors to hold and trade in as few as one share or bond, the futures and options segment of NSE has made a global mark. In the Futures and Options segment, trading in NIFTY50 Index, NIFTY IT index, NIFTY Bank Index, NIFTY Next 50 index, trading in Mini Nifty Futures & Options and Long term Options on NIFTY50 are also available. The average daily turnover in the F&O Segment of the Exchange during the financial year April 2013 to March 2014 stood at ₹1.52236 trillion
4.
Petroleum industry
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The petroleum industry includes the global processes of exploration, extraction, refining, transporting, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline, Petroleum is also the raw material for many chemical products, including pharmaceuticals, solvents, fertilizers, pesticides, synthetic fragrances, and plastics. The industry is divided into three major components, upstream, midstream and downstream. Midstream operations are included in the downstream category. Petroleum is vital to many industries, and is of importance to the maintenance of industrial civilization in its current configuration, and thus is a critical concern for many nations. Oil accounts for a percentage of the world’s energy consumption, ranging from a low of 32% for Europe and Asia. Other geographic regions consumption patterns are as follows, South and Central America, Africa, the world consumes 30 billion barrels of oil per year, with developed nations being the largest consumers. The United States consumed 25% of the oil produced in 2007, the production, distribution, refining, and retailing of petroleum taken as a whole represents the worlds largest industry in terms of dollar value. Petroleum is a naturally occurring liquid found in rock formations and it consists of a complex mixture of hydrocarbons of various molecular weights, plus other organic compounds. It is generally accepted that oil is formed mostly from the carbon rich remains of ancient plankton after exposure to heat, Petroleum in an unrefined state has been utilized by humans for over 5000 years. Oil in general has been used since early history to keep fires ablaze. Its importance to the world economy evolved slowly, with oil used for lighting in the 19th century and wood. The Industrial Revolution generated an increasing need for energy which was met mainly by coal, Imperial Russia produced 3,500 tons of oil in 1825 and doubled its output by mid-century. Batum is renamed to Batumi in 1936, at the turn of the 20th century, Imperial Russias output of oil, almost entirely from the Apsheron Peninsula, accounted for half of the worlds production and dominated international markets. Nearly 200 small refineries operated in the suburbs of Baku by 1884, as a side effect of these early developments, the Apsheron Peninsula emerged as the worlds oldest legacy of oil pollution and environmental negligence. In 1846, Baku the first ever well drilled with percussion tools to a depth of 21 meters for oil exploration, in 1878, Ludvig Nobel and his Branobel company revolutionized oil transport by commissioning the first oil tanker and launching it on the Caspian Sea. Samuel Kier established Americas first oil refinery in Pittsburgh on Seventh avenue near Grant Street, one of the first modern oil refineries were built by Ignacy Łukasiewicz near Jasło, Poland in 1854–56. These were initially small as demand for refined fuel was limited, the refined products were used in artificial asphalt, machine oil and lubricants, in addition to Łukasiewiczs kerosene lamp
5.
New Delhi
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New Delhi is the capital of India and one of Delhi citys 11 districts. The National Capital Region is a larger entity comprising the entire National Capital Territory along with adjoining districts. The foundation stone of the city was laid by George V and it was designed by British architects, Sir Edwin Lutyens and Sir Herbert Baker. The new capital was inaugurated on 13 February 1931, by Viceroy, New Delhi has been selected as one of the hundred Indian cities to be developed as a smart city under Prime Minister of India Narendra Modis flagship Smart Cities Mission. Calcutta was the capital of India during the British Raj until December 1911, Delhi had served as the political and financial centre of several empires of ancient India and the Delhi Sultanate, most notably of the Mughal Empire from 1649 to 1857. During the early 1900s, a proposal was made to the British administration to shift the capital of the British Indian Empire, as India was officially named, from Calcutta on the east coast, to Delhi. The Government of British India felt that it would be easier to administer India from Delhi in the centre of northern India. The land for building the new city of Delhi was acquired under the Land Acquisition Act 1894. The foundation stone of New Delhi was laid by King George V and Queen Mary at the site of Delhi Durbar of 1911 at Kingsway Camp on 15 December 1911, during their imperial visit. Large parts of New Delhi were planned by Edwin Lutyens, who first visited Delhi in 1912, the contract was given to Sobha Singh. The original plan called for its construction in Tughlaqabad, inside the Tughlaqabad fort, construction really began after World War I and was completed by 1931. The city that was later dubbed Lutyens Delhi was inaugurated in ceremonies beginning on 10 February 1931 by Lord Irwin, Lutyens designed the central administrative area of the city as a testament to Britains imperial aspirations. Soon Lutyens started considering other places, however, it was rejected by the Viceroy when the cost of acquiring the necessary properties was found to be too high. The central axis of New Delhi, which faces east at India Gate, was previously meant to be a north-south axis linking the Viceroys House at one end with Paharganj at the other. During the projects early years, many believed it was a gate from Earth to Heaven itself. Eventually, owing to space constraints and the presence of a number of heritage sites in the North side. A site atop the Raisina Hill, formerly Raisina Village, a Meo village, was chosen for the Rashtrapati Bhawan, then known as the Viceroys House. The reason for this choice was that the hill lay directly opposite the Dinapanah citadel, which was considered the site of Indraprastha
6.
India
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India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and it is bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast. It shares land borders with Pakistan to the west, China, Nepal, and Bhutan to the northeast, in the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives. Indias Andaman and Nicobar Islands share a border with Thailand. The Indian subcontinent was home to the urban Indus Valley Civilisation of the 3rd millennium BCE, in the following millennium, the oldest scriptures associated with Hinduism began to be composed. Social stratification, based on caste, emerged in the first millennium BCE, early political consolidations took place under the Maurya and Gupta empires, the later peninsular Middle Kingdoms influenced cultures as far as southeast Asia. In the medieval era, Judaism, Zoroastrianism, Christianity, and Islam arrived, much of the north fell to the Delhi sultanate, the south was united under the Vijayanagara Empire. The economy expanded in the 17th century in the Mughal empire, in the mid-18th century, the subcontinent came under British East India Company rule, and in the mid-19th under British crown rule. A nationalist movement emerged in the late 19th century, which later, under Mahatma Gandhi, was noted for nonviolent resistance, in 2015, the Indian economy was the worlds seventh largest by nominal GDP and third largest by purchasing power parity. Following market-based economic reforms in 1991, India became one of the major economies and is considered a newly industrialised country. However, it continues to face the challenges of poverty, corruption, malnutrition, a nuclear weapons state and regional power, it has the third largest standing army in the world and ranks sixth in military expenditure among nations. India is a constitutional republic governed under a parliamentary system. It is a pluralistic, multilingual and multi-ethnic society and is home to a diversity of wildlife in a variety of protected habitats. The name India is derived from Indus, which originates from the Old Persian word Hindu, the latter term stems from the Sanskrit word Sindhu, which was the historical local appellation for the Indus River. The ancient Greeks referred to the Indians as Indoi, which translates as The people of the Indus, the geographical term Bharat, which is recognised by the Constitution of India as an official name for the country, is used by many Indian languages in its variations. Scholars believe it to be named after the Vedic tribe of Bharatas in the second millennium B. C. E and it is also traditionally associated with the rule of the legendary emperor Bharata. Gaṇarājya is the Sanskrit/Hindi term for republic dating back to the ancient times, hindustan is a Persian name for India dating back to the 3rd century B. C. E. It was introduced into India by the Mughals and widely used since then and its meaning varied, referring to a region that encompassed northern India and Pakistan or India in its entirety
7.
Sri Lanka
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Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia near south-east India. Sri Lanka has maritime borders with India to the northwest and the Maldives to the southwest, Sri Lankas documented history spans 3,000 years, with evidence of pre-historic human settlements dating back to at least 125,000 years. Its geographic location and deep harbours made it of strategic importance from the time of the ancient Silk Road through to World War II. Sri Lanka was known from the beginning of British colonial rule until 1972 as Ceylon, Sri Lankas recent history has been marred by a thirty-year civil war which decisively ended when the Sri Lankan military defeated the Liberation Tigers of Tamil Eelam in 2009. A diverse and multicultural country, Sri Lanka is home to many religions, ethnic groups, in addition to the majority Sinhalese, it is home to large groups of Sri Lankan and Indian Tamils, Moors, Burghers, Malays, Kaffirs and the aboriginal Vedda. Sri Lanka has a rich Buddhist heritage, and the first known Buddhist writings of Sri Lanka, Sri Lanka is a republic and a unitary state governed by a semi-presidential system. The legislative capital, Sri Jayawardenepura Kotte, is a suburb of the capital and largest city. Along with the Maldives, Sri Lanka is one of the two countries in South Asia that are rated among high human development on the Human Development Index. In antiquity, Sri Lanka was known to travellers by a variety of names, according to the Mahavamsa, the legendary Prince Vijaya named the land Tambapanni, because his followers hands were reddened by the red soil of the area. In Hindu mythology, such as the Mahabharata, the island was referred to as Lankā, in Tamil, the island is referred to as Eelam. Ancient Greek geographers called it Taprobanā or Taprobanē from the word Tambapanni, as a British crown colony, the island was known as Ceylon, it achieved independence as the Dominion of Ceylon in 1948. The country is known in Sinhalese as Śrī Laṃkā and in Tamil as Ilaṅkai, in 1972, its formal name was changed to Free, Sovereign and Independent Republic of Sri Lanka. Later in 1978 it was changed to the Democratic Socialist Republic of Sri Lanka, as the name Ceylon still appears in the names of a number of organisations, the Sri Lankan government announced in 2011 a plan to rename all those over which it has authority. The pre-history of Sri Lanka goes back 125,000 years, the era spans the Palaeolithic, Mesolithic and early Iron Ages. Among the Paleolithic human settlements discovered in Sri Lanka, Pahiyangala and it is said that Kubera was overthrown by his demon stepbrother Ravana, the powerful emperor who built a mythical flying machine named Dandu Monara. The modern city of Wariyapola is described as Ravanas airport, early inhabitants of Sri Lanka were probably ancestors of the Vedda people, an indigenous people numbering approximately 2,500 living in modern-day Sri Lanka. According to the Mahāvamsa, a written in Pāḷi, the original inhabitants of Sri Lanka are the Yakshas and Nagas. Ancient cemeteries that were used before 600BC and other signs of advanced civilization has also discovered in Sri Lanka
8.
Middle East
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The Middle East is a transcontinental region centered on Western Asia and Egypt. The corresponding adjective is Middle-Eastern and the noun is Middle-Easterner. The term has come into usage as a replacement of the term Near East beginning in the early 20th century. Arabs, Turks, Persians, Kurds, and Azeris constitute the largest ethnic groups in the region by population. Indigenous minorities of the Middle East include Jews, Assyrians and other Arameans, Baloch, Berbers, Copts, Druze, Lurs, Mandaeans, Samaritans, Shabaks, Tats, in the Middle East, there is also a Romani community. European ethnic groups form a diaspora in the region include Albanians, Bosniaks, Circassians, Crimean Tatars, Franco-Levantines. Among other migrant populations are Bengalis as well as other Indians, Chinese, Filipinos, Indonesians, Pakistanis, the history of the Middle East dates back to ancient times, with the importance of the region being recognized for millennia. Most of the countries border the Persian Gulf have vast reserves of crude oil. The term Middle East may have originated in the 1850s in the British India Office, however, it became more widely known when American naval strategist Alfred Thayer Mahan used the term in 1902 to designate the area between Arabia and India. During this time the British and Russian Empires were vying for influence in Central Asia, Mahan realized not only the strategic importance of the region, but also of its center, the Persian Gulf. Mahan first used the term in his article The Persian Gulf and International Relations, published in September 1902 in the National Review, a British journal. The Middle East, if I may adopt a term which I have not seen, will some day need its Malta, as well as its Gibraltar, it does not follow that either will be in the Persian Gulf. The British Navy should have the facility to concentrate in force if occasion arise, about Aden, India, mahans article was reprinted in The Times and followed in October by a 20-article series entitled The Middle Eastern Question, written by Sir Ignatius Valentine Chirol. During this series, Sir Ignatius expanded the definition of Middle East to include regions of Asia which extend to the borders of India or command the approaches to India. After the series ended in 1903, The Times removed quotation marks from subsequent uses of the term, in the late 1930s, the British established the Middle East Command, which was based in Cairo, for its military forces in the region. After that time, the term Middle East gained broader usage in Europe, the description Middle has also led to some confusion over changing definitions. Before the First World War, Near East was used in English to refer to the Balkans and the Ottoman Empire, while Middle East referred to Iran, the Caucasus, Afghanistan, Central Asia, and Turkestan. The first official use of the term Middle East by the United States government was in the 1957 Eisenhower Doctrine, the Associated Press Stylebook says that Near East formerly referred to the farther west countries while Middle East referred to the eastern ones, but that now they are synonymous
9.
Mauritius
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Mauritius, officially the Republic of Mauritius, is an island nation in the Indian Ocean about 2,000 kilometres off the southeast coast of the African continent. The country includes the islands of Mauritius and Rodrigues, and the outer islands, the islands of Mauritius and Rodrigues form part of the Mascarene Islands, along with nearby Réunion, a French overseas department. The area of the country is 2,040 km², the capital and largest city is Port Louis. Mauritius was a British colonial possession from 1810 to 1968, the year of its independence, the government uses English as the main language. The sovereignty over the Chagos Archipelago is disputed between Mauritius and the United Kingdom, the UK excised the archipelago from Mauritian territory in 1965, three years prior to Mauritian independence. The UK gradually depopulated the archipelagos indigenous population and leased its biggest island, Diego Garcia, access to the archipelago is prohibited to casual tourists, the media, and its former inhabitants. Mauritius also claims sovereignty over Tromelin Island from France, the people of Mauritius are multiethnic, multi-religious, multicultural and multilingual. The islands government is modelled on the Westminster parliamentary system. Along with the other Mascarene Islands, Mauritius is known for its flora and fauna. The island is known as the only known home of the dodo. Mauritius is the country in Africa where Hinduism is the largest religion. The first historical evidence of the existence of an island now known as Mauritius is on a map produced by the Italian cartographer Alberto Cantino in 1502. From this, it appears that Mauritius was first named Dina Arobi around 975 by Arab sailors, in 1507 Portuguese sailors visited the uninhabited island. The island appears with a Portuguese name Cirne on early Portuguese maps, another Portuguese sailor, Dom Pedro Mascarenhas, gave the name Mascarenes to the Archipelago. In 1598 a Dutch squadron under Admiral Wybrand van Warwyck landed at Grand Port and named the island Mauritius, in honour of Prince Maurice van Nassau, later the island became a French colony and was renamed Isle de France. On 3 December 1810 the French surrendered the island to Great Britain during the Napoleonic Wars, under British rule, the islands name reverted to Mauritius /məˈrɪʃəs/. Mauritius is also known as Maurice and Île Maurice in French. The island of Mauritius was uninhabited before its first recorded visit during the Middle Ages by Arab sailors, in 1507 Portuguese sailors came to the uninhabited island and established a visiting base
