Anything becomes valuable if someone has great need for it. This same theme is applied in stock exchange where exchange of stocks takes place. The most basic meaning of a share is ownership, or equity, in a company. Common people or companies buy shares, which represent a portion of a company's assets and earnings.
As a shareholder, the extent of an ownership in a company depends on the number of shares you purchased to the total number of shares available and the type of shares the shareholder owns.
There are two common types of shares; Ordinary Shares and Preference Shares. Preference shareholders have 'preference' over ordinary shareholders in relation to the payment of dividends and/or in the event of liquidation. Owners of both ordinary and preference shares has voting rights. For example, if you buy 1000 shares in a company that has issued a total of 100,000 shares, you own one percent of that company.
Wall Street is a narrow street in lower Manhattan in New York City, which thought of being the historical heart of the Financial District; it was the first permanent home of the New York Stock Exchange.
The phrase "Wall Street" in short refers to all big business in the United States based whether in New York or some other place.
People from all kinds of business from all over the world invest in purchasing shares of different big companies and franchises. Ordinary people do not buy shares themselves because of lack of stock bargain skills, for this, stock brokers are hired to purchase shares and these brokers also advise on stock status in the market.
The National Stock Exchange of India Limited has a Powerful Study Group on Establishment of New Stock Exchanges, and it was promoted by leading Financial Institutions at the greatest of the Government of India and was incorporated in November 1992 as a tax-paying company unlike other stock exchanges in the country.
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