Auction : A mechanism used by the Stock Exchange to fulfill its obligation to the buyer of a security. It is done when the seller is unable to deliver the scrips sold by him. The security in question is offered by a member who has ready possession of the scrips.
Bear : An operator who expects the share price to fall
Bear Market : A weak and falling market where buyers are absent
Blue Chips : Shares of financially sound, well established companies with a track record of good growth and regular payment of dividends.
Bonus Shares : Shares allotted to the existing shareholders by capitalising the reserves into additional capital. When market expects a company to come out with a Bonus Issue, the price of the shares normally goes up.
Book Closure : A company closes its register of members for updating the records to facilitate payment of dividends or issue of rights of bonus shares. Bo…