List of holidays for exchanges - 2010

Following are the list of holidays on which the stock markets do not function.

1. New Year - 01/01/2010 (Friday)
2. Republic day- 26/01/2010(Tuesday)
3. Mahashivratri-12/02/2010 (Friday)
4. Holi-01/03/2010(Monday)
5. Ram Navami-24/03/2010(Wednesday)
6. Good Friday-02/04/2010(Friday)
7. Dr. Babasaheb Ambedkar Jayanti- 14/04/2010(Wednesday)
8. Ramzan-10/09/2010(Friday)
9. Diwali -05/11/2010(Friday)
10. Bakrid-17/11/2010(Wednesday)
11. Moharam-17/12/2010(Friday)

Sesa Goa - Q1 Results

Sesa Goa has announce its results for the quarter ended june 30, 2010.

The Company has posted a net profit of Rs 10255.10 million for the quarter ended June 30, 2010 where as the same was at Rs 4069.40 million for the quarter ended June 30, 2009.

Total Income is Rs 20679.90 million for the quarter ended June 30, 2010 where as the same was at Rs 10250.60 million for the quarter ended June 30, 2009.

Stock exchanges and listing

Well the first question for anyone wanting to invest in stock markets is clearly to understand what are stock exchanges(NSE, BSE, NYSE etc.,). People don't feel comfortable until they understand what stock exchanges are and what is their role.

"In simple terms Stock Exchange is an entity where the stocks and other securities are traded."

In order for a firms stock to be traded in stock market, the company has to be listed in the stock exchange and follow other rules and guidelines of the exchanges where they are listed.

LISTING??????????

Listing means admission of securities to dealings on a recognised stock exchange. The securities may be of any public limited company, Central or State Government, and other financial institutions, etc.

Once a company is listed then the it has to disclose all the informations regarding their operations and financial details on a regular basis as per the guidelines of the exchanges.

WHY DO COMPANIES WANT TO LIST IN STOCK EXCHANGES??????????

The major reason for companies to list in stock exchanges is to Generate funds for future operations/expansions of the firm etc. When an investor buys the shares of such companies he becomes a shareholder and claims ownership in that company. He can hold the shares of that company as long as he wants or can sell the shares in the secondary market and liquidate his holdings.

Results to be announced today(20/07/2010)

Companies that are going to announce their quarterly results today are,

1. Bombay Dyeing
2. JK paper
3. Monsanto India
4. NIIT tech
5. Panacea Bio
6. SKF India
7. Tata Coffee