Plain and simple, stock is a share in the ownership of a company. Stock represents a claim on the company's assets and earnings. As you acquire more stock, your ownership stake in the company becomes greater.
Another extremely important feature of stock is its limited liability. This is a legal term, which means that you are not be personally liable in the case of the company not being able to pay its debts.
The Act defines Depository as, An organization where the securities of a shareholder are held in the form of electronic accounts in the same way as a bank holds money. The Depository holds electronic custody of securities and also arranges for transfer of ownership of securities on the settlement dates.
As you probably know, mutual funds have become extremely popular over the last 20 years. What was once just another obscure financial instrument is now a part of our daily lives. In fact, to many people, investing means buying mutual funds. After all, it's common knowledge that investing in mutual funds is (or at least should be) better than simply letting your cash waste away in a savings account.
Indian Economy-High Growth Rates, Low Inflation and Soaring Foreign Investments. India has had robust economic growth since 1991 when the government reversed its socialist-inspired policy of a large public sector with extensive controls on the private sector and began to liberalize the economy. India is now placed among the mature markets of the world.
High net worth investors need personalized and professional services to cater to their every growing need.
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