Tell Me About BSE NSE SENSEX NIFTY NCFM BCFM SHARE MARKET STOCK MARKET?
Saturday, September 4th, 2010 at
7:31 am
monu asked:
5)If someone wants to be a broker, he/she always wants to cover all divisions of market like COMMODITY, FUTURES AND OPTIONS, MUTUAL FUNDS INTRADAY TRADING etc., In order to get /provide all the facilities to his/her customers/clients, what additional eligibilities and qualifications required. Are there some distinct and various different exams beyond NCFM n BCFM to achieve the same? If yes, what are they?
6)I heard that in order to increase LIMIT of a broker/sub-broker, he has to deposit some more .What is a limit (funds) of a broker, how is it defined
7)Why there is abrupt rise and fall in SENSEX and NIFTY between 9:55 to 10:00 AM when market opens? I see often that the fluctuation in Stock market in the morning when it opens is very high. Moreover I also tracks that every day the market opening level is far much distant from previous day close level. e.g.: Market (SENSEX) get closed at 15300 on 1st January and when it opens on 2nd Jan it shows a level of 15500 or 14850 at 9:00 AM
5)If someone wants to be a broker, he/she always wants to cover all divisions of market like COMMODITY, FUTURES AND OPTIONS, MUTUAL FUNDS INTRADAY TRADING etc., In order to get /provide all the facilities to his/her customers/clients, what additional eligibilities and qualifications required. Are there some distinct and various different exams beyond NCFM n BCFM to achieve the same? If yes, what are they?
6)I heard that in order to increase LIMIT of a broker/sub-broker, he has to deposit some more .What is a limit (funds) of a broker, how is it defined
7)Why there is abrupt rise and fall in SENSEX and NIFTY between 9:55 to 10:00 AM when market opens? I see often that the fluctuation in Stock market in the morning when it opens is very high. Moreover I also tracks that every day the market opening level is far much distant from previous day close level. e.g.: Market (SENSEX) get closed at 15300 on 1st January and when it opens on 2nd Jan it shows a level of 15500 or 14850 at 9:00 AM
Tagged with: Commodity Futures And Options • Nse Sensex • Rise And Fall
Filed under: Commodity Trading
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5) if you are a sub-broker whatever your broker give facilities that alone you can provide.
6) limit is principally decided by exchange – brokers has to meet the schedule and accordingly sub-brokers has to maintain the limit – it differs according the market trend – viz. bull and bear market. During bull phase the limit is normally less whereas during bear market the limit is higher. there is no thumb rule on this.
7) at the opening time/closing hours – mainly brokers/HNI take position or square the deals. – hence this variation. if you have technical analysis – you can encash their weakness.- normally it is not predictable.