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What are the features of BSE (Bombay Stock Exchange)?

Greetings,Established in 1875, BSE (formerly known as Bombay Stock Exchange Ltd.), is Asia's first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India's leading exchange groups. Over the past 143 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. Popularly known as BSE, the bourse was established as ‘The Native Share & Stock Brokers' Association’ in 1875. In 2017 BSE become the 1st listed stock exchange of India.Today BSE provides an efficient and transparent market for trading in equity, currencies, debt instruments, derivatives, mutual funds. BSE SME is India’s largest SME platform which has listed over 250 companies and continues to grow at a steady pace. BSE StAR MF is India’s largest online mutual fund platform which process over 27 lakh transactions per month and adds almost 2 lakh new SIPs ever month. BSE Bond, the transparent and efficient electronic book mechanism process for private placement of debt securities, is the market leader with more than Rs 2.09 lakh crore of fund raising from 530 issuances. (F.Y. 2017-2018).Keeping in line with the vision of Shri Narendra Modi, Hon’be Prime Minister of Inida, BSE has launched India INX, India's 1st international exchange, located at GIFT CITY IFSC in Ahmedabad.Indian Clearing Corporation Limited, a wholly owned subsidiary of BSE, acts as the central counterparty to all trades executed on the BSE trading platform and provides full novation, guaranteeing the settlement of all bonafide trades executed.BSE Institute Ltd, another fully owned subsidiary of BSE runs one of the most respected capital market educational institutes in the country.BSE has also launched BSE Sammaan, the CSR exchange, is a 1st of its kind initiative which aims to connect corporate with verified NGOsBSE's popular equity index - the S&P BSE SENSEX - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa)BSE functions as the first-level regulator in the securities market, providing monitoring and surveillance mechanisms that are able to detect irregularities and manipulations in stock prices. The Exchange also provides counter-party risk management in all transactions that take place on its trading platform through its clearing and settlement services. Shares of more than 5,000 companies are traded on BSE. In addition to equity and debt, the Exchange allows for trading of mutual fund units and derivatives.Bombay Stock Exchange was recognized as an exchange under the Securities Contracts (Regulation) Act in 1957. Its benchmark index, the Sensitive Index (Sensex) was launched in 1986. In 1995, the BSE launched its fully automated trading platform called BSE On-Line Trading system (BOLT) which fully replaced the open outcry system.In 2005, the Exchange changed from being simply an association of brokers to became a corporate entity. The administrative structure of the Exchange is headed by a board of directors, below which is a governing council and management that presides over its day-to-day functioning.Salient Features of the pre open session of BSE:All executable orders for a particular stock will match at one market opening priceOrders are collected in the order entry period & execution occurs in the order matching periodDuration of Pre-open session - 15 minutes from 9:00am – 9:15amLimit orders will get priority over market orders at the time of execution of trades.All orders shall be disclosed in full quantity, i.e. orders where revealed quantity function is enabled, will not be allowed during the pre-open session.Unexecuted, eligible orders will be moved to the continuous sessionIn the event of no trades in the pre-open session, the orders entered in the pre-open session will be moved to the continuous trading session on time priority basis.The price of the first trade during the continuous trading session will be taken as the opening price.Indicative opening price & matchable quantity for each stock and indicative S&P BSE SENSEX will be disseminated at regular intervals of order entry period.At the end of the matching period, the system will compute & disseminate the opening values for all stocks, S&P BSE SENSEX and other indices.Uniform price band of 20% will be applicable to all eligible stocks during the pre-open session.Hope this helps you!!

Why is BJP trying to own Sardar Vallabh Bhai Patel, when he was a Congress leader?

It’s a matter of individual opinion.BJP has on multiple other occasions, extended due recognition to leaders who have contributed to nation building and growth - including the ones from the opponent party.From lauding something as historic as PV Narasimha Rao’s economic reforms that put India on to the path of economic prosperity…Source: ToI, ToI, Indian Express..or honoring Subhash Chandra Bose for forming INA against British rule and extolling Dr. Ambedkar for his fight against social inequalities in India..Source: Hindustan Times, TimesNow…to even seemingly trivial issues like Shashi Tharoor’s brilliant pro-India speech in an academic debate at OxfordSource: News18, ToI, IndiaTodayEven RSS has had a long history of political disagreement with the Congress Party to which Sardar Patel belonged. Yet, they do not hesitate from acknowledging the contribution of Congress in India’s struggle for independence from British rule.Source: MoneyControlPeople probably find this practice shocking because over the past many years, we may have gotten used to the the culture of confining respect within party and family.A brief revisit to history may help illustrate this thought.In 1984, when Mrs. Indira Gandhi passed away, her ashes were sent on a tour of India’s 22 states and 9 union territories by special train and aircraft [1] to allow people to pay their final respects to her. The remains were then taken aboard an Indian Air Force transport aircraft, escorted by two MiG 23 jets to be scattered over the Himalayas [2]In 1991, when Mr. Rajiv Gandhi passed away, a special train [3] from Delhi carried his ashes. The ashes were to be immersed in the five holy lakes [4] of Rajasthan, scattered from an airplane across the Himalayas and placed at other sacred sites across the nation.With due respect to the deceased, it must not be forgotten that Mr. Gandhi’s tenure was badly tarnished by a multitude of issues including -involvement of Congress leaders in 1984 anti-Sikh riots [5] and Rajiv Gandhi condoning the violence with his “when a big tree falls” speechsupporting Warren Anderson escape [6] after Bhopal Gas Tragedy in 1984rigging Kashmir elections [7] in 1987involvement of Congress’s central and state government machinery in Hashimpura massacre [8] of Muslim citizens in 1987indecisiveness on Sri Lanka policy, first supporting LTTE [9] in the Lankan civil war then taking a U-turn and sending IPKF to fight LTTE [10] in which thousands of Indian soldiers lost their livescapitulating to appeasing Muslim clerics through Shah Bano ordinance [11] and then attempting to appease Hindu sentiments by opening the gates of disputed Ayodhya [12] templemassive corruption in Bofors scam [13]On the contrary, the first non-Gandhi Prime Minister from Congress to complete a full term, Mr. P V Narasimha Rao had a hugely successful tenure. He ended forty-five years of estrangement with Israel and established India’s full diplomatic ties in 1992 [14] Today Israel is one of India’s most important partners in defence and trade. His “Look East” policy strengthened India’s trade relations with South East Asia and eventually India was also inducted as a member of ASEAN. With historic reforms of 1991, he devised the economic transformation of India that created millions of jobs and pulled hundreds of millions of Indians out of poverty.Asia Times [15] described his contribution to modern India as -“Rao is to India what founding fathers Alexander Hamilton and Thomas Jefferson are to the United States; Friedrich List to Germany; Hayato Ikeda to Japan; Lee Kuan Yew, Goh Keng Swee and Albert Winsemius to Singapore; and Deng Xiaoping to China”When Mr. Rao passed away in 2004, Mrs. Sonia Gandhi did not allow his body to be brought into Congress office for last respect by Congress workers.As quoted in a Financial Express report [16] – “Only one person could give that order to open the gate – she did not give it”. He wasn’t given a state funeral in Delhi because in the words of PVNR’s son Prabhakar Rao – “Sonia ji did not want him to be seen as an all-India leader”.What followed subsequently was painfully deplorable -“The night of Rao’s cremation in Hyderabad, TV channels showed visuals of the pyre. The man who transformed India, a 20th century reformer of the stature of Deng Xiaoping, had been left abandoned, body half-burnt. Stray dogs were pulling at the funeral pyre”It must be noted that despite being a former Prime Minister, while Mr Rao was denied a final resting place in Delhi, Indira’s son, Sanjay Gandhi, who never held a worthwhile public office, was laid to rest in Delhi right next to Shantivan – the resting place of Pt. Jawaharlal Nehru.Just to reiterate - a hugely successful Prime Minister whose economic reforms led the country to long term economic prosperity was not allowed a funeral in the the capital, while Sanjay Gandhi was laid to rest right next to Pt. Nehru. Sanjay Gandhi has never held any worthwhile constitutional post and his only identity is being a member of Gandhi family.If that’s how people have seen respectability being defined within Congress then no wonder they would find appreciating someone outside the party as extremely shocking.Many other members in Congress have had similar experiences.In 1994, Mr. Vajpayee was the leader of opposition, but led a highly successful diplomatic delegation to UN where they successfully thwarted Pakistan’s aggressive attempt to internationalize Kashmir issue with the help of OIC. An exemplary leadership, diplomacy and teamwork of Indian contingent ensured that instead of India receiving censure, Pakistan was forced to withdraw its motion [17]When the picture of Salman Khursheed (then Foreign Minister in Congress government) hugging Mr. Vajpayee to mark this momentous occasion appeared on the cover of India Today, Mr. Khursheed received flak from sections within Congress and was accused of having some “secret deals with BJP” [18]Move forward by 20 years to 2014 - when Mr. Tharoor acknowledged his support for “Clean India” campaign, he was sacked as Congress spokesperson for “praising Modi” [19]Next year, in 2015, when Mr. Tharoor suggested in an internal Congress meeting to not disrupt the Parliament session over Congress’s demand of BJP minister’s resignation, he was rebuked again for “always doing this” [20]Source: ToI, NDTVOn the contrary, it is a well-known historical fact that as the first Home Minister of (Congress) Indian government, Sardar Patel had banned RSS when they were (wrongly) blamed for the assassination of Mahatma Gandhi.Yet, Mr Modi went on to build the world’s tallest statue for honoring Sardar Patel – the man who worked relentlessly to integrate 500+ princely states after independence and architect India to its present shape. BJP may have shown that it is possible to rise above party politics and put leaders who have contributed to India, on a high pedestal, even if they belong to their political opponents.Hence, as mentioned in the beginning – it’s a matter of individual opinion.Some would say that BJP is trying to own Sardar Patel’s legacy.Some would say that Congress has promoted a culture of respecting Indian leaders as long as they are from Gandhi family and belittling others even from their own party.Some could also say that while the ideology of Congress is still deeply rooted in loyalty to only one dynasty, BJP’s ideology of national interest is driven by “what is good for India” and is not confined to leaders from one family or one party only.Footnotes[1] Gandhi's ashes sent across India for final homage[2] https://www.washingtonpost.com/archive/politics/1984/11/12/gandhis-ashes-strewn-to-snows/d29b9f00-8670-428b-b6d4-8522a7240f2a/?noredirect=on&utm_term=.8d62956394b8[3] Congressmen, travelling on train carrying Rajiv Gandhi ashes, feast on vegetarian fare[4] Gandhi's ashes submerged in India's holy rivers[5] India politician 'incited' riots[6] Bhopal gas tragedy: How Warren Anderson got away from our grasp[7] How Mufti Mohammad Sayeed Shaped the 1987 Elections in Kashmir[8] 30 years after the Hashimpura massacre: The nail in the Congress coffin[9] Rajiv's Secret Tryst With LTTE[10] Rajiv Gandhi's Sri Lanka policy led to his death: Natwar Singh[11] Shah Bano and Ram Janmabhoomi were Rajiv Gandhi's mistakes: Pranab Mukherjee[12] Shah Bano and Ram Janmabhoomi were Rajiv Gandhi's mistakes: Pranab Mukherjee[13] Exclusive: A quid-pro-quo between Rajiv Gandhi and Olof Palme on the Bofors payments?[14] PV Narasimha Rao took lead in ties with Israel[15] P V Narasimha Rao: homage to a great Indian statesman[16] How ex PM Narasimha Rao kept tabs on Sonia Gandhi[17] India shows the world it means business on Kashmir issue at Geneva meet[18] How Congress leader Salman Khurshid had to ‘pay a price’ for a hug from Vajpayee[19] Congress sacks Shashi Tharoor as spokeman for praising Narendra Modi - Times of India ►[20] 'You Always Do This': Sonia Gandhi Scolds Tharoor for Comments Gone Public

Psychology of Everyday Life: What are some of the greatest examples of absence of mind?

Happend just today morning.I usually put three alarms to go for gym in morning sessions 6:00 AM, 6:15 AM and 6:30 AM.From last one month gym was stopped because I overspent on my new smartphone. From today morning I was supposed to resume gym from today morning.As I was not waking up early in the morning since one month I knew I will need Alarm. Now the first thing I was still in impression that alarms are already set as they were in my old phone, thus I will need to just turn them on.So I opened the application and just then my fiancée called me for the same reason "Don't forget to put the Alarm!". I said okay and done some other chit chat. Now after the call I got busy with some other stuff that we were discussing on the call (Actually she told me to avoid gaming tonight so I can wake up early, but you know it just reminded me to play game).All in all alarms didn't exist in application as it was installed first time on device, second it just slept out of my mind.Things didn't stopped here. Somehow when I finished, I noticed absence of Alarm symbol so I again open the application and realised no alarms are there so I created all three alarms and went to bed with that satisfaction of new starting you know! ;)The second day morning I woke up without alarm and it was bit brighter day than normal 6:00 AM or earlier, but I had so much faith in myself and in alarm that didn't bothered to look at watch.Like a good boy I straight went to bathroom, did all cors before gyming and cleaned the gyming shoes and was all set to go for gym again after a month!Yayyyyy ... I was so elited!But then when I was just about to leave mom called from back, "Beta aaj office me yehi kapde pehan kar jayega kya! kuch khaya bhi nahi aaj to!" (Son! Today you will go to office in these clothes only! You didn't had breakfast even)I said enthusiastically "Are mom, abhi to gym ja raha hun!" (Mom, I am going for gym right now!)"Dimag to thikane he, ghadi to dekh 9:30 baj rahe he!" (Have you lost or what? Look at the watch, it's 9:30!)I was shocked and looked at watch and me "(facepalm)!" Missed the very first day of gym! GREAT ME! :PPS: When I added new alarms it was by default set to 6:00 PM, 6:15 PM and 6:30 PM, I forgot to notice it.

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