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Buyers and sellers in the stock marketHere is what a stock exchange looks like -There are two types of people in the stock exchange - those who want to buy the shares of HMVL (Hindustan Media Ventures), and those who want to sell the shares of HMVL. Buyers want to know what the sellers are charging for it, and the sellers want to know how much the buyers are ready to pay.Very much like a typical vegetable market, isn't it?The most favourite sellersIn a market place, different sellers will offer the product at different prices. Somebody wants to sell HMVL shares for ₹ 280, while somebody is okay to sell it at ₹ 270. But - who is the most favourite seller?It's obvious that the most favourite seller is the one who is selling at the lowest price. The next best seller will be the one with the second lowest price and so on.So, we have the following top two sellers.We can see that every seller mentions his price. This is the minimum in which he wants to sell. This price is called the offer price.So, every seller comes and says - "I can offer the share at this price". The one who has the best offer will be the best seller. Hence, in the picture given in the description, we have understood what offers mean.Let us now see the buying side.The most favourite buyersAll the sellers are also in the market, and they all want to sell at a price as high as possible. I mean, if you hold the shares of HMVL and you want to sell it - which buyer will you prefer - the one paying you more or the one paying you less? Duh, right?So the most favourite buyer is the one who can buy at the highest price among others. Look at the two most favourite buyers in the market. Say hi to them!The buyer wants to buy the stock. Hence, he proposes a bid price - that is, the price at which he is ready to buy. When you go to an auction to buy a painting, everyone bids for the painting. The highest bidder wins, it's the same in the stock market.So we have now understood the meaning of offer (how much the sellers want) and bid (how much the buyers can pay)Gap between bids and offersNow we have the highest bids and also the lowest offers. Where to go from here, should we just buy/sell and finish it? Let's see how the market looks like now. We can see that there is a gap between highest bid and lowest offer. Until and unless this gap remains, there cannot be any transaction.Following are the ways this gap can finish:Seller surrenders - the seller can say "okay, you win" and just be ready to sell at ₹ 270.85, which is the highest bid. This can either be the best seller himself or anyone else. For example, if you enter the market and see that everyone is looking at each other - you could just go to the best buyer and tell him "okay, fuck it; forget others and listen to me - I'm ready to sell the share at your price"Buyer surrenders - alternatively, even the buyer can say "shit happens" and just be ready to buy at a higher price. This could be the best buyer himself or any other buyer. If I want to enter this market and buy the shares, I can just overtake the best buyer, go to the seller and say "Hey buddy, I am ready to buy your share at ₹ 271.55... isn't that what you wanted?"Until and unless one of this happens, the gap will continue to be narrow - one buyer will continuously overtake the other buyer. Similarly, one seller will always overtake the other seller.The typical stock exchange screenNow that we have understood the basics, let us revisit the picture presented by the question asker in the question description.Let us understand the various terms presented here:We can see the top five buyers (bids) and top five sellers (offers)The last traded price (written on top right as ₹ 270.80) is the price at which the last deal happened (either the buyer surrendered or the seller surrendered at this price)Total quantity of bids is 31854 (these are the total shares that all the buyers want to buy), and the total quantity of offers is 24381 (these are the total shares that all the sellers want to sell)If you see the positive +3.32 written next to the last traded price, it shows the change in price compared to the previous day's closing price. So, the prices have increased since yesterday.The bottom four prices show the opening price (at which the first deal has taken place), the highest price (the highest traded price during the day), lowest price and the closing priceThe various ways in which price can fall or riseFollowing are other possible options in which a final price can be settled.The best buyer leaves - just imagine that the best buyer has left the market. He is no more interested in buying the stock at ₹ 270.85 - because he thinks that the price may actually fall. When he quits, the next best buyer (one who was ready to buy at ₹ 270.75) now becomes the best buyer. The same thing can happen in the selling side as well.Someone overtakes the best - if the overtaking happens at the buying side - it means that the price will rise (because some other buyer is ready to buy at an even higher price). On the other hand, if the overtaking happens on the selling side, it means that the price will fall (because some other seller is ready to sell at an even lower price).When we say that it is a buyer's market, we mean that the sellers are desperate to sell. Therefore, the prices are going to fall (because some desperate seller will overtake the best seller). And when we say that it is a seller's market, we mean that the buyer's are desperate to buy. Therefore, the prices are going to rise (because some desperate buyer will overtake the best buyer).The answer to your questionsLet me now address the questions you have raised in the description.If I buy 1 lakh shares, will the price rise? - actually, look at the sellers. The most favourite seller is ready to sell 10 shares only (at a price of ₹ 271.55). If you want 1 lakh shares, you can buy maximum 10 from him. Then where will you get the remaining shares from? You will get it from the next best seller - who is selling at ₹ 271.65. Then he will also evacuate his stock. Where will you get the remaining from? The third best seller is ready to sell at ₹ 271.70. So you see.... when you buy so many shares, the price will rise because you have no other choice. One more thing - you can't buy 1 lakh shares because the total shares on offer are only about 24000.If I sell 50000 shares, will the price fall? - by the same logic as I explained above, if you want to sell 50000 shares you will need to go from the best buyer (giving 270.85) to the next best buyer (giving lower than that) and so on. Therefore, when you have many shares to sell, the price will continue to fall.What are the top bids and top offers - as we discussed, these are the top five buyers and top five sellers. Their prices are the most attractive right now. If you want to buy the share, look at the offer column and pick the lowest. If you want to sell the share, look at the bid column, and pick the highest.Top seller offers only 10 quantity, what if I want to buy 20? - we answered this in the first part. If you want to buy more than the top seller can sell - either buy from the next best seller - or just wait for some guy to come and sell at the price you want to buy.I have presented here in a very simplistic way how stock markets operate. Think about it. Let me know if any clarifications are needed.For more of my answers related to economics, follow The Economics Blog. For finance related answers, follow Finance Simplified

These are pretty hilarious online shopping failures.1. Ordered a Tank TopBuyer wrote: “I got this tank top from Amazon. But they sent me a dress. On the plus side though, it does make my ass look great.”2. Surprised my MomBuyer wrote: “Tried to surprise my mum for Mother's Day. I put this in the special requirements and they f****NG PRINTED IT ON THE BOX.”3. Bought a Rug OnlineBuyer wrote: “Bought a rug online for my room & realised the importance of specifying the size of the product you're getting.”4. Bought Girlfriend a PillowBuyer wrote: “I bought my girlfriend a pillow of myself. For when she went to university. It didn't work out quite as I'd hoped.”5. Autocorrection Gone WrongReviewer wrote: “My mum ordered a cake for my sister’s birthday, and asked for a blond girl on top. But it got auto-corrected to “blind” and we got this.”6. Cute Pajama SetBuyer wrote: “Thought I bought the cutest little pajama set from Ann Summers, until I looked closer at the pattern :(“7. Cup Wrongly AdvertisedBuyer wrote: “I bought this cup for my wife expecting it to change from a black cup to a Christmas scene. Nope! Looks like they printed the demo image on the cup and not the actual pretty Christmas scene. Trying to get my money back for a horrible and ill-advertised item.”Oh. The wonderful world of e-commerce!

You cannot sink a Boston Whaler. You can CUT IT IN HALF and it will not sink. You can FILL IT WITH WATER and it will not sink. A Boston Whaler (and some other boat brands) uses a double-wall hull filled with foam; the entire hull (every piece of the hull) is buoyant.It’s not HARD to do this, but it adds cost. It also somewhat reduces the amount of usable space inside the boat, since the walls are thicker. It is up to the buyer to decide if an unsinkable boat is worth the extra cost. Most regular boats never actually sink, so many buyers won’t be willing to pay a lot of money for this extra insurance.