BEING STREET SMART: PART -2

CONTINUING WITH WHAT WE DISCUSSED IN THE PRIOR POST, YOU MAY NOTICE THAT READING A BUSINESS PARER (OR AT LEAST THE BUSINESS SECTION OF YOUR DAILY NEWSPAPER) IS QUITE ESSENTIAL.

IT PROVIDES YOU WITH ALL THE STATS OF THE PREVIOUS DAY'S MARKET,TELLS YOU ABOUT MAJOR ACTIVITIES OF ANY COMPANY(LIKE SAY EXPANSION,MERGER,ACQUISITION,BANKRUPTCY,etc.

BUT FOR MANY OF US A BUSINESS NEWSPAPER SEEMS NOTHING ELSE BUT GREEK.WHAT MIGHT BE THE REASON BEHIND IT?
THE TWO REASON I FIND ARE
1.THE INTRICATE TERMS INVOLVED
2.OUR RELUCTANCE TO KNOW ABOUT THIS TERMS .
I HAVE EXPLAINED MANY A SO CALLED COMPLICATED TERMS IN MY EARLIER BLOGS AND WILL KEEPING ON ADDING SOME MORE AS AND WHEN REQUIRED.

SO FIRST OF ALL HOW TO GO ABOUT THE NEWSPAPER READING?

FOR STARTERS PICK UP YOUR DAILY NEWSPAPER AND GO TO THE BUSINESS PAGE.
80% OF THE NEWSPAPER PROVIDE YOU AT LEAST THE LISTINGS OF THE PRIOR DAY.
IT IS THE RECORD OF HOW THE SHARES OF VARIOUS COMPANIES PERFORMED THROUGHOUT THE DAY.

IT PROVIDES THE DETAIL ABOUT
1.THE OPENING PRICE OF THE PARTICULAR SHARE

2.ITS HIGHEST AND LOWEST PRICE FOR THE DAY

3.ITS CLOSING PRICE

4.VOLUME (QUANTITY) OF SHARES SOLD, AND FEW OTHER DETAILS TOO
DETAILS ARE PROVIDED FOR BOTH THE EXCHANGES - BSE AND NSE

ALL THIS DOES SOUND A BIT TEDIOUS BUT ITS ONLY TILL YOU TRY IT.
I WILL EXPLAIN THE ABOVE MENTIONED LIST WITH AN EXAMPLE VERY SHORTLY,TILL THEN GIVE IT A TRY.