Equity is the central ethical principle behind sustainable development. What does equity here mean?
The director of a newly established company having paid up equity share capital of 25 crores desires to get its shares traded at all India Level Stock exchange. As finance manager of the company. Suggest the name of stock exchange for the purpose. Give any 3 reasons in support of your answer.
(I) The SENSEX is a free-float market-weighted stock market of 30 well established and financially sound companies listed on Bombay stock exchange. (II) The NIFTY 50 is NSE’s benchmark broad based stock market index for the Indian equity market. It represents the simple average of 50 Indian company stocks in 12 sectors.