(i) Options help you profit from changes in share prices without putting down the full price of the share.
(ii) You get control over the shares without buying them outright

They can also be used to protect yourself from fluctuations in the price of a share and letting you buy or sell the shares at a pre-determined price for a specified period of time.

An 'Option' is a type of security that can be bought or sold at a specified price within a specified period of time, in exchange for a non-refundable upfront deposit.

(i) Sensex is an index of the stocks in BSE (Bombay Stock Exchange) Sensex has a list of 30 stocks.
(ii) BSE decides the stocks that are to be listed on Sensex.
(iii) Based on the above said factors, BSE regularly prepares a set of 30 stocks which will be together called as SENSEX.

(i) Dalal Street is an area in downtown Mumbai, India, that houses the Bombay Stock Exchange (BSE) - the largest stock exchange in India.
(ii) The literal translation of Dalal in Marathi is a broker or intermediary.

(i) The normal trading time for equity market is between 9.15 a.m. to 3.30 p.m., Monday to Friday.
(ii) It is closed on the weekends and National holidays.

(i) A commodity exchange is an exchange whdre commodities are traded.
(ii) Tradable commodities fall into the following categories.
a) Metals (e.g.gold, silver, copper)
b) Energy (e.g. crude oil, natural gas)
c) Agricultural (e.g. rice, wheat, cocoa)
d) Live stock and meat (e.g. Iive cattle, Iean hog)