List of 50 companies in Nse (Nifty)

• ACC Ltd
• Ambuja Cements Ltd
• Axis Bank Ltd
• Bharat Heavy Electricals Ltd
• Bajaj Auto Ltd
• Bharat Petroleum Corporation Ltd
• Bharti Airtel Ltd
• Cairn India Ltd
• Cipla Ltd
• DLF Ltd
• Dr Reddys Laboratories Ltd
• GAIL (India) Ltd
• HCL Technologies Ltd
• HDFC Bank Ltd
• Hero MotoCorp Ltd
• Hindalco Industries Ltd
• Hindustan Unilever Ltd
• Housing Development Finance Corporation Ltd
• ICICI Bank Ltd
• Hindustan Unilever Ltd
• Infosys Ltd
• ITC Ltd
• Infrastructure Development Finance Company Ltd
• Jaiprakash Associates Ltd
• Jindal Steel & Power Ltd
• Larsen & Toubro Ltd
• Kotak Mahindra Bank Ltd
• Mahindra & Mahindra Ltd
• Maruti Suzuki India Ltd
• NTPC Ltd
• Oil & Natural Gas Corpn Ltd
• Power Grid Corporation of India Ltd
• Punjab National Bank
• Ranbaxy Laboratories Ltd
• Reliance Capital Ltd
• Reliance Communications Ltd
• Reliance Industries Ltd
• Reliance Infrastructure Ltd
• Reliance Power Ltd
• Sesa Goa Ltd
• Siemens Ltd
• State Bank of India
• Steel Authority of India Ltd
• Sterlite Industries (India) Ltd
• Sun Pharmaceuticals Industries Ltd
• Suzlon Energy Ltd
• Tata Consultancy Services Ltd
• Tata Motors Ltd
• Tata Power Company Ltd
• Tata Steel Ltd
• Wipro Ltd

what is sensex? what is nifty?

Sensex is (sensational stock exchange) a exchange where you can buy/sell stocks of indian companies nearly 5000 and more.
The sensex movement is depending upon 30 companies movement. If sensex gains 300points today, it means the over all performance of the 30 companies is 300 points up.


The 30 companies are those who are the backbone of indian economic.
To know the company list click here.


Let us see by a example,
If Bharti airtel gains  ₹ 20, DLF lose  ₹ 14, HDFC gains  ₹ 6,
then the sensex will gain 12 points. (20-14+6)


As like sensex, nifty movement is predicted by 50 companies.

To know the company list click here.

We can buy/sell stocks (trading) through online by opening a a/c in any one the stock brokers.


Every day stock market opens at morning 9 a.m it ends at 3.30 p.m


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List of 30 companies in Bse (sensex)

List of 30 companies in Bse (sensex)

• ACC Ltd
• Bharat Heavy Electricals Ltd
• Bharti Airtel Ltd
• Cipla Ltd
• DLF Ltd
• HDFC Bank Ltd
• Hero MotoCorp Ltd
• Hindalco Industries Ltd
• Hindustan Unilever Ltd
• Housing Development Finance Corporation Ltd
• ICICI Bank Ltd
• Infosys Ltd
• ITC Ltd
• Jaiprakash Associates Ltd
• Jindal Steel & Power Ltd
• Larsen & Toubro Ltd
• Mahindra & Mahindra Ltd
• Maruti Suzuki India Ltd
• NTPC Ltd
• Oil & Natural Gas Corpn Ltd
• Reliance Communications Ltd
• Reliance Industries Ltd
• Reliance Infrastructure Ltd
• State Bank of India
• Sterlite Industries (India) Ltd
• Tata Consultancy Services Ltd
• Tata Motors Ltd
• Tata Power Company Ltd
• Tata Steel Ltd
• Wipro Ltd

what are stocks/ shares and IPO?

Stocks:
   Every companies whether it is a small scale/ medium scale/ large scale their directors need money to run their industry. They will gain money from

• their own savings
• by their partners
• by getting loan in banks
• And issuing stocks/ shares.

Stocks or shares are the bonds between a corporate and a investor (ordinary man) in which the investor gives the money to an organisation in the name of stocks/ shares.

By announcing IPO (initial public offer) a corporate industry issues stocks/ shares to the investors.

By buying the stocks/ shares every investor becoming the partner of the company.

 The investor gains 

• if the stock price increases
• by dividend announced by the company

The stock price increases if the company performs well and it books good profit.

dividends are announced by a company to its investors in which the company divides its profit surplus in the name of dividend. 

by investing in a good company the investor gains.

What is CRR and What is SLR?

CRR:
CRR (cash reserve ratio) is the minimum amount of money that should be kept in RBI by a bank.


If the CRR rate increases

• The amount must be kept in RBI by a bank will increase
• The available amount in the bank will decrease
• And so the loan/ money circulation to customers will automatically come down
• Thus inflation will be controlled.

Current CRR in india is 6%

SLR:

SLR (statutory liquidity ratio) is the minimum amount should be kept by a bank in the form of Government bonds, cash reserves and gold.

• SLR avoids the bank from bankrupt (like american banks at 2009)
• It ensures the wealth of the bank as well as the country through the gov bonds
• It controls the inflation

Current SLR in india is 24%

What is repo rate/ revers repo rate?

REPO RATE :
Repo rate is the rate at which the banks borrow money from RBI.


Banks need money to run the bank. If a bank meets a shortage of money it demands money from the RBI. RBI issues the money at a certain rate of interests to banks which is called repo rate. 


If inflation of the country hikes,

• RBI increases the repo rate
• So Banks increases its interest rates for common man and other corporate 
• So money lending of common man and corporate from the bank will decrease
• So the money circulation will come down 
• and the inflation will be controlled. 

At present repo rate in india is 8%

REVERSE REPO RATE:

It is the rate at which the RBI borrows money from the banks.

If reverse repo rate increases,

• Banks will keep its money in RBI for its higher interest rates.
• So money circulation will come down.
• Inflation will be controlled.

At present reverse rate in india is 7%

How it affects the  stock market?

 If the repo/reverse repo rates increase the money circulation will be controlled. so the small/ medium/ large capital corporate will face a money  shortage to run their industries. So automatically stock market will fall.

Day Trading (Do's and Don'ts)

1. Do not trade at the beginning of the market hour


2. Don't believe the tips given by the brokers. They are only for guidance


3. Don't buy or sell in 'market price'. Always use 'limit order'.


4. Miss the chance. Don't deplore for it. Always learn lesson from every loss


5. Choose the brokers as per your trading style.


6. Be careful while placing the order. Don't buy/sell instead of sell/buy. Be careful on decimal values. (Ex: 89.15 instead of 891.5)


7. Always wait for your target.


8. Don't panic on rumors


9. Keep an eye on european market after 12.30pm


10. Only use half of the money for trading which you have in demate a/c

Best Brokers in india

These are some best brokers for online stock trading in india. (They are not ranked here)


1. Sbi capital securities            
2. India infoline                           
3. Angel  trade                            
4. Geojit financials                          
5. Icici direct                             
6. India bulls                                    
7. Share khan                               
8. Motilal Oswal                           
9. Reliance money                      
10. Religare securities                
11. Anand Rathi                           
12. Kotak securities                    
    

Section 80D - Payment towards health insurance

Eligibility:

Any payment made by an individual through cheque towards insurance policy for the health of self, 

wife, dependent parents or dependent children.

Amount of deduction:

The deduction from the Gross total income is available to the extent of least of the following:

   i. Rs. 10,000 (Rs. 15,000 in case of senior citizen); or

   ii. Actual expenditure incurred.

Section 80DD - Payment towards expenditure for medical treatment

Eligibility:

Deduction is available in case of any expenditure incurred by an individual for the medical 

treatment (including nursing), training and rehabilitation of a dependant of the individual who has a 

disability. For this purpose - dependants would include his spouse, children, parents, brothers and 

sisters.

A person with severe disability means a person who has eighty per cent or more of one or more of 

the disabilities as mentioned in the footnote below.

Amount of deduction:

The deduction is available to the extent of least of the following:

   i. Rs. 50,000 (75,000 in case of a person with severe disability); or

   ii. Actual expenditure incurred.

Medical treatment of certain specified disease

Section 80DDB - Payment towards expenditure incurred on medical treatment of 

certain specified disease

Eligibility:

In case an Indian resident makes actual payment amount towards medical treatment of certain 

specified disease or ailment during the previous year for self, and dependants being spouse, 

children, parents, brothers and sisters, then he is eligible to claim a deduction from his Gross 

total income.

The specified diseases for the purposes of this section are as under:

1. Neurological Diseases where the disability level has been certified to be of 40% and above 

for the following:

   a. Dementia

   b. Dystonia Musculorum Deformans
 

   c. Motor Neuron Disease

   d. Ataxia

   e. Chorea

    f. Hemiballismus

   g. Aphasia

   h. Parkinsons Disease

2. Malignant Cancers

3. Full Blown Acquired Immuno-Deficiency Syndrome (AIDS)

4. Chronic Renal failure

5. Hematological disorders

   a. Hemophilia

   b. Thalassaemia

Amount of deduction:

The deduction from the Gross total income is available to the extent of least of the following:

i. Rs. 40,000 (Rs. 60,000 in case of a senior citizen)  or

ii. Actual expenditure incurred.

Benefits of payments of rent for housing accomodation

Benefit of payment of rent can be claimed in two ways:

A. If House Rent Allowance ('HRA') is part of the compensation structure, then exemption can 

    be claimed from the allowance paid.

B. If employer does not give HRA as part of the compensation structure, then a deduction can 

    be availed from the gross total income.

These are explained in detail below:

A. When HRA is a part of the compensation structure

Least of the following can be considered as exempt from the amount of HRA paid to an 

individual by his employer:

a. Actual HRA received; or

b. Actual rent paid less 10 percent of 'Salary'; or

c. 50 percent of 'Salary' where the house is situated in Delhi, Mumbai, Kolkata, and Chennai 

(40 percent of Salary in other cases).

           "Salary" for the purpose of computing the above exemption will include basic salary and 

dearness allowance if the terms of employment so provide. It also includes commission based 

on a fixed percentage of turnover achieved by an employee as per the terms of contract of 

employment but excludes all other allowances and perquisites.

             However, the above exemption will only be available if actual expenditure has been 


incurred on the rent. This is to be supported by original rent receipts, along with a copy of the 


lease deed, to substantiate actual payment of rent.

Summary :

B. When HRA is not a part of compensation structure

         If the employer does not give HRA as part of compensation structure and expenditure is 

incurred on payment of rent for a housing accommodation, then deduction under Section 

80GG of the Act can be claimed by the individual.

Least of the following can be considered as exempt from the gross total income: -

a. Actual rent paid less 10 percent of the total income before allowing such deduction; or

b. Rs. 2,000 per month; or

c. 25 percent of total income before allowing such deduction.

         
         The exemption under Section 80GG will be provided only if a declaration is filed by the 

individual in the prescribed Form 10BA along with the return of his income.

           Additionally, this deduction will only be available to the individual if, the individual, his 


spouse or minor child does not own a residential accommodation at the place where he 


ordinarily resides or performs duties of his office or employment or carries on his business or 


profession. 

Further, the individual, spouse or minor child should not own a house at any other place 

which is considered as a self occupied

Section 80E - Payment towards interest on education loan

Eligibility

A deduction is available from the Gross Total Income for a person who has incurred expenditure 

towards payment of interest on education loan from an approved Financial Institution for 

pursuing 

higher education for self.

Further, effective April 1, 2008, deduction will be available to the individual if he incurs an 

expenditure towards payment of interest on education loan from an approved Financial 

Institution 

for pursuing higher education for self, his spouse or children.

Amount of deduction:

The deduction is available to the extent of actual amount paid as interest on education loan 

during the year.

However, the deduction for payment of interest paid on education loan is available for eight 

years starting from the year in which the individual starts paying the interest on the loan.