Browse All 840 Stock Market Terms A–Z

Rolling Settlement Orders, Execution & Market Structure qualitative A system in which every trading day is a separate settlement cycle, so trades settle a fixed number of days after execution. Test: each trade date has its own settlement date; there is no fixed weekly or fortnightly settlement day

Rollover Derivatives, Futures & Options index points Closing a derivative position in the expiring contract and opening the equivalent position in the next expiry. Rollover Cost = Price of the Far Contract - Price of the Near Contract, per unit

Rounding Bottom Technical Analysis & Chart Patterns qualitative A gradual, curved transition from decline to advance over an extended period, with no sharp low. Test: successive lows form a shallow concave curve over many periods, with volume typically contracting into the base and expanding on the advance

Rupee Cost Averaging Funds, ETFs & Index Investing ₹ The effect by which investing a fixed amount regularly buys more units when prices are low and fewer when they are high. Average Cost per Unit = Total Amount Invested / Total Units Purchased

Rupee Depreciation Economy, Macro & Market Cycles % A fall in the rupee's value against another currency, so more rupees are needed to buy the same foreign amount. Depreciation % = (New Rate - Old Rate) / Old Rate x 100, quoted as rupees per unit of foreign currency

Scalping Market Basics & Instruments ₹ Trading for very small price increments many times a day, holding each position for seconds to minutes. Net Profit per Trade = Gross Price Movement Captured - Round-Trip Transaction Costs

Scheme Categorisation Funds, ETFs & Index Investing qualitative SEBI's framework defining standard mutual fund categories with mandated investment characteristics. Test: the scheme's holdings satisfy the allocation and eligibility rules prescribed for its declared category

Scheme of Arrangement Corporate Actions, Dividends & Governance qualitative A court-supervised process under company law for restructuring a company's capital, mergers, demergers or compromises with creditors. Test: the scheme is approved by the required majorities of shareholders and creditors and sanctioned by the National Company Law Tribunal

SCORES Indian Market, Regulation & Taxation qualitative SEBI's online complaint redress system, through which investors lodge and track grievances against market intermediaries. Test: the complaint concerns a SEBI-registered intermediary or listed company and is filed on the SCORES platform after approaching the entity directly

SEBI Indian Market, Regulation & Taxation qualitative The Securities and Exchange Board of India, the statutory regulator of India's securities markets. Test: the entity or activity falls within the securities market, bringing it under SEBI's registration, disclosure and enforcement powers

SEBI Act Indian Market, Regulation & Taxation qualitative The 1992 statute that established SEBI as a statutory body and set out its powers over the securities market. Test: the matter falls within the Act's scope, giving SEBI powers of registration, inspection, investigation, penalty and adjudication

Secondary Market Market Basics & Instruments qualitative The market in which already-issued securities are traded between investors, with no money flowing to the issuer. Test: both counterparties are investors and the issuer is not a party to the trade

Section 80C Indian Market, Regulation & Taxation ₹ The Income Tax Act provision allowing a deduction for specified investments and payments, capped at ₹1.5 lakh a year. Tax Saved = Amount Invested (up to ₹1.5 lakh) x Applicable Marginal Tax Rate

Sector Rotation Economy, Macro & Market Cycles qualitative The tendency for different sectors to lead at different points in the economic cycle, and strategies that attempt to follow it. Test: relative performance shifts systematically between cyclical, defensive and rate-sensitive sectors as conditions change

Sectoral Fund Funds, ETFs & Index Investing qualitative An equity fund that invests at least 80% of its assets in companies from a single sector. Test: minimum 80% allocation to one defined sector, such as banking, pharmaceuticals or technology

Securities Appellate Tribunal Indian Market, Regulation & Taxation qualitative The statutory tribunal that hears appeals against orders of SEBI and certain other financial regulators. Test: an appeal is filed against an order of SEBI, an exchange, a depository, the pension regulator or the insurance regulator, within the prescribed period

Securities Lending and Borrowing Indian Market, Regulation & Taxation % An exchange-regulated mechanism through which securities are lent for a fee and returned on a set date. Lending Fee = Lending Rate x Value of Securities Lent x (Days Lent / 365)

Securities Premium Financial Statements & Accounting ₹ crore The reserve holding the amount received on share issues in excess of face value. Securities Premium = (Issue Price - Face Value) x Number of Shares Issued

Securities Transaction Tax Indian Market, Regulation & Taxation % A tax levied on the value of transactions in securities on Indian exchanges. STT = Transaction Value x Applicable Rate, which differs by segment and by whether the leg is a buy or a sell

Security Market Basics & Instruments qualitative A tradable financial instrument representing ownership, a creditor relationship, or a right relating to either. Test: the instrument is transferable, is issued in standardised units, and represents ownership, debt, or a right over one of these

Segment Reporting Financial Statements & Accounting qualitative Disclosure of revenue, results and assets broken down by the business or geographic segments management uses to run the company. Test: segments are reported on the basis used internally by the chief operating decision maker, above prescribed size thresholds

Self-Attribution Bias Market Psychology & Behavioural Finance qualitative The tendency to credit successes to one's own skill and failures to external circumstances. Test: favourable outcomes are attributed internally and unfavourable ones externally, regardless of the actual process quality

Sensex Indian Market, Regulation & Taxation index points The BSE's benchmark index of 30 large Indian companies, weighted by free-float market capitalisation. Index Value = (Current Free-Float Market Capitalisation of Constituents / Base Market Capitalisation) x Base Value

Settlement Cycle Orders, Execution & Market Structure days The number of trading days between a trade's execution and the actual exchange of securities and money. Settlement Date = Trade Date + N trading days, where N is 1 for the Indian T+1 equity cycle

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