Published date: 2021-09-12T00:00+05:45
In simple words share market can be defined as the place where peoples can buy or sell their shares with the help of share brokers. In share market peoples can buy and sell shares of public listed companies with the help of share brokers.
Steps to buy shares:
Create Demat account to store your shares.
Create trading account with stock broker.
Research on the stock you want to buy.
Decide how many shares you want to buy.
Buy the shares with the help of stock broker.
Although share and stock are generally used interchangeably but there is slight difference between them. When number of shares are put together it is called then stocks. A company can issue shares directly but it can't issue stocks in this way.
Bull and bear symbols are derived from the way how bull and bear attack their opponents. Bull thrust it's horns up while attacking that's mean market is up or bullish, Bear lower his neck down while attacking that's mean market is going down or bearish market.
This is the fact that 90% of peoples lose their money in share market. There are countless reasons why investors lose their money one of the main reason is people trade without back testing their strategies.
Although share market is the most important part of the economy of that country. There are many countries which don't have their own stock exchange Afghanistan, Cuba, Andorra,Brunei etc. are some of the examples.
Generally peoples think stock market is something modern but in fact stock market is ancient. The concept of stock market was first used around 16th century.
In 1611, Dutch East India Company was the first officially listed corporation in the history of stock exchange.
APPLE INC Symbol(AAPL) is the biggest company according to value, Listed in the share market.
Although there are more than hundred countries in the world but there are only sixty stock exchanges listed all over the world. While some countries have more than one stock exchange and there are some countries without their own stock exchanges.
New York Stock Exchange(NYSE) is the largest stock exchange in the world, with market capitalization of around 25 trillion U.S dollar.
There is a myth in share market called October effect, according to this effect financial declines and stock market are more likely to occur in October month.
Berkshire Hathaway is the most expensive share. The company found by the legend of share market "Warren Buffet" himself is the American multinational company.
Middle-class households generally lose their money in share market. This is not always true but this statistic is true in most of the case.