AGM
Annual General Meeting is the annual meeting held for shareholders. If you are holding the share of a company, you should be getting a notice about the AGM. As a share holder you will also receive a copy of the annual report of the company.
AMC
Asset Management Company used in context with Mutual Funds.
AMFI
Association of Mutual Funds of India.
BOLT
BSE on-line trading system.
BSE
Bombay Stock Exchange.
Bearish and Bullish
Terms used to indicate the mood of the market, if the sensex zooms it is referred as Bullish Market.
Book Closure
Book closure is defined as the period during which a company stops the transfers of shares from one person to another person and makes a note of all the share holders in their register to enable the share holders for rights issue or bonus issue etc., Instead of a period, if it is done on a single day it is known as record date.
Bid Price
The price at which shares may be bought in the secondary market.
Bonus issue
A bonus issue is the issue of free shares to existing shareholders as per the record available with the company. After the issue of the bonus shares, the value of the share is reduced to the extent of the bonus declared. The face value of the share remains the same. Bonus shares at the ratio of 1:1 means, one share will be given free for every one share held by the investor.
Broker
Stockbroker - As per Indian law, stockbroker is a member of a recognized stock exchange.
Sub-brokers
Stock brokers were allowed to have sub-brokers to assist their clients in investing. However due to evolution of internet based online trading, internet has eliminated the need for sub-brokers.
CRR
Cash Reserve Ratio.