What means by Outstandaing Shares and...

Discuss What means by Outstandaing Shares and... at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear friends Please tell me what does it means by Daily Outstanding Shares and Weightages? ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Equities

Notices

Equities Discuss & analyse stock market news, views, trends and your favourite stocks here.


Reply
 
Thread Tools
Sponsored Links
  #1  
Old 20th June 2006, 01:26 PM
Member
 
Join Date: Jan 2006
Posts: 217
johnbest is on a distinguished road
Exclamation What means by Outstandaing Shares and...



Dear friends

Please tell me what does it means by Daily Outstanding Shares and Weightages?
Here you can get it for NSE.

Have a nice day

JohnBest
Reply With Quote
  #2  
Old 20th June 2006, 01:54 PM
Member
 
Join Date: Feb 2006
Location: New Delhi
Posts: 1,617
aca_trader is on a distinguished road
Default Re: What means by Outstandaing Shares and...

Quote:
Originally Posted by johnbest
Dear friends

Please tell me what does it means by Daily Outstanding Shares and Weightages?
Here you can get it for NSE.

Have a nice day

JohnBest
Hi John!

Outstanding shares of a company mean the no. of shares issued by the company. No. of Outstanding shares multiplied by the face value of one share is the Share Capital as appearing in the balance sheet of the company. At the other end, when this number is multiplied with market price of one share, Market Capitalization of the company is known.

As you must be aware, an index is a basket of securities. These securities assume to represent the market. Different weights are assigned to the securities depending upon the criteria of the exchange for the purpose of calculating the value of the Index. This weight is what is appearing in the weightage column on the page given by you.

Hope this make the things clear.

Best Regards,
--Ashish

P.S.: NSE assigns weights to the securities on the basis of their market capitalization for the purpose of calculating Nifty Value.
Reply With Quote
  #3  
Old 20th June 2006, 03:28 PM
Member
 
Join Date: Apr 2006
Location: Jodhpur
Posts: 181
cemcompusoft is on a distinguished road
Default Re: What means by Outstandaing Shares and...

Quote:
Originally Posted by aca_trader
Hi John!
.
.
.
Hope this make the things clear.

Best Regards,
--Ashish

P.S.: NSE assigns weights to the securities on the basis of their market capitalization for the purpose of calculating Nifty Value.
Hello Ashish,

Can you tell me the formula for calculating Nifty Value. Traderji has already given 'weights' for securities in one thread (for SENSEX).

I have listen that earlier there was error by NSE in Nifty Value which they corrected immidiately. (I am not sure about it as I am new in this market)....so i want to develope a simple utility which takes Prices of scripts of Nifty (or Sensex) and calculate Index value itself.

Regards,

K.S.Kachhwaha
Reply With Quote
  #4  
Old 20th June 2006, 05:30 PM
Member
 
Join Date: Feb 2006
Location: New Delhi
Posts: 1,617
aca_trader is on a distinguished road
Default Re: What means by Outstandaing Shares and...

Quote:
Originally Posted by cemcompusoft
Hello Ashish,

Can you tell me the formula for calculating Nifty Value. Traderji has already given 'weights' for securities in one thread (for SENSEX).

I have listen that earlier there was error by NSE in Nifty Value which they corrected immidiately. (I am not sure about it as I am new in this market)....so i want to develope a simple utility which takes Prices of scripts of Nifty (or Sensex) and calculate Index value itself.

Regards,

K.S.Kachhwaha
Hi Mr. Kachhwaha!

I am afraid if I precisely know how to calculate the NIFTY values. Ofcourse, it's based upon market capitalizaton of the constituents. But, getting the base value of Nifty and its adjustment since 1994 on account of change in composition, split, bonus and rights will prove to be a daunting task.

Yes, there was some problem in NIFTY computation the day reliance split was given effect which was corrected immediately. But I would suggest you to concentrate on trading leaving such mundane activities to the NSE.Afterall, even if the value of NIFTY is not correct, the market participants are not going to calculate it on their own rather they will react to the value reflecting on their screen and that is where the moeny will be made.

The weights of diff. constituents of NIFTY are available on http://www.nseindia.com/marketinfo/eod_information/outstanding_shares_nifty.jsp

Regards,
--Ashish
Reply With Quote
  #5  
Old 20th June 2006, 11:02 PM
Member
 
Join Date: Jan 2006
Posts: 217
johnbest is on a distinguished road
Default Re: What means by Outstandaing Shares and...

Quote:
Originally Posted by aca_trader
Hi John!

Outstanding shares of a company mean the no. of shares issued by the company. No. of Outstanding shares multiplied by the face value of one share is the Share Capital as appearing in the balance sheet of the company. At the other end, when this number is multiplied with market price of one share, Market Capitalization of the company is known.

As you must be aware, an index is a basket of securities. These securities assume to represent the market. Different weights are assigned to the securities depending upon the criteria of the exchange for the purpose of calculating the value of the Index. This weight is what is appearing in the weightage column on the page given by you.

Hope this make the things clear.

Best Regards,
--Ashish

P.S.: NSE assigns weights to the securities on the basis of their market capitalization for the purpose of calculating Nifty Value.
Thanks Dear for the reply

Have a nice day
JohnBest
Reply With Quote
Sponsored Links


Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: What means by Outstandaing Shares and...
Thread Thread Starter Forum Replies Last Post
just track the following shares jmanish73 Introductions 0 11th May 2006 11:12 PM
RIL shares laxman Introductions 0 25th March 2006 07:46 PM
Not getting any shares in IPO sk_bhat Initial Public Offers (IPO's) 1 10th March 2006 04:25 PM
Need help selling my shares... suns Brokers & Demat Matters 0 28th September 2005 11:14 PM
Shares Information hometypist Trading Resources 1 3rd August 2005 08:57 AM


All times are GMT +5.5. The time now is 06:33 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com