Monday, 1 April 2019

Video Transcript 2

Money and Banking system
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Hi Guys

Welcome back to Veera's Channel

Free Training classes for Finance Jobs

as promised we are back with Money and Banking system

If having money makes anyone rich, why RBI is not printing enough money to make our country rich, why we are not one of those rich countries, have you ever given a thought about this.

So come lets understand this through our Chapter Money and Banking system

Before proceeding further if you haven't seen our previous videos where we RBI, SEBI, Public Sector Company, Private Company, Primary Market and Secondary Market, I highly recommend you to watch them which are very important for getting finance jobs

With no further delay lets start

Our Next topic is going to be, Monetory policy, where we discuss about how RBI uses the tools called CRR and SLR to control the currency currculation in India

If you are following the News last week there was an RBI meet where RBI declared new rates

if you want to understand the importance of this news and its impact on economy you should not miss our next video on Monetoary policy,

Hello Guys,

Welcome back to Veera's Channel

Free Training for Finance Jobs

Today we are going to discuss about the doubt asked by our friend Sudheer in comments session of our previous classe on stock markets

That is nothing but how sensex is calculated? So we have already discussed a lot about sensex and nifty in our previous classes if you haven't watched them yet, I highly recommend you to watch them before you watch this class

Now the calculation part what ever we are going to discuss in this class, is applicable for any stock index calculation like nifty or you can take any stock index in the world. so by listening to this class you will get to know how stock indexes are calculated in the entire world.

With no further delay lets start

To understand the index calculation

First we need to know what is a share or Stock

Share is nothing but the part of ownership in a company, I hope you remember our previous class on how share prices increase or decrease.

So we already know the share will have a price, we have to pay the price to own the share or buy the share
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Now we know as what is a share

Lets understand another term called Market Capitalisation

Market capitlisation is nothing but the number what we get after multiplying number of shares with current market price of each share

Don't see it in a complicated way

Lets understand it simply

if you have 2 eggs and each egg price currently in Market is  4 rupees, we could say that you are having 8 rupess worth of eggs

In the similar way the total number of shares in the market into price of each share will give the total value of the company in the market that is nothing but the Market capitalisation of that company

After knowing what is Market capitalisation

Now just we will refresh how to calculate a percentage

Our every day discussions are build on percentage if you say like you like something 50% it means you like it only half. so every body can understand if we express anything in percentage
   
Suppose if we got 30 marks for a full marks of 60 we got 50% marks as 30 is exactly half of 60

So to get this 50 percentage value we are multiplying 30/60*100

It means if you are getting 30 marks for 60 it is equal to 50 Marks for 100

here we wanted to compare our marks with 100 marks, so multplying it with 100

If we wanted to compare our marks with 1000 marks, we will multiply it with 1000

It means if you are getting 30 marks for 60 it is equal to 500 Marks for 1000

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Now if you remember our previous class on Stock Markets, Sensex is build using how may stocks, Sensex is build using 30 stocks

Market capitalisation today means market capitalisation of 30 companies shares in sensex as of today divided by market capitalisation of sensex on base day

base day is nothing but the first day of calculation of sensex

on first day of sensex calculation the market capitalisation on base day and the market capitalisation on today will be same as both are one and the same day

And this value they wanted to compare with 1000 so they have multiplied it with 1000

So sensex value is 1000 on the first day it was build

for example let us assume market captilization of sensex on first day is 5 crores and market capitaliszation of sensex on base day will 5 crores so 5 crores divided by 5 crores into 1000 will give you 1000 which is nothing but sensex first day value

Now on 2nd day sensex market capitlization has increased to 5crores 10 lakhs as per our formula 5 crores 10 lakhs divided by 5 crores into 1000 will give you the value of sensex as 1020

In this way every day the sensex value changes based on the value of the 30 stocks taken into consideration for calculating sensex

Right now the sensex value is around 39650, so hope you understood the calculation part

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