The Securities and Exchange Board of India (frequently abbreviated SEBI) is the regulator for the securities market

in India. It was established in the year 1988 and given statutory powers on 12 April 1992 through the SEBI Act, 1992.
Agency overview: Formed 12 April 1992 Jurisdiction Government of India Headquarters Mumbai, Maharashtra Employees 643 (2012) Agency executive U. K. Sinha, Chairman

A security is a tradable asset of any kind. Securities are broadly categorized into: debt securities (such as banknotes, bonds and debentures),equity securities, e.g., common stocks; and, derivative contracts, such as forwards, futures, options and swaps.

Reasons for the establishment of SEBI 1. The capital market had witnessed a tremendous growth during the 1980s characterized by the increasing participation of the public. 2. This ever expanding investor population and market capitalization led to a variety of malpractices on the part of companies,brokers,merchant bankers, investment consultants and others involved in the securities market.

Reasons for the establishment of SEBI 3. The glaring examples of these malpractices include existence of self styled merchantbankers, unofficial private placements, rigging of prices, unofficial premium on new issues, non adherence of provisions of The Companies Act, violation of rules and regulations of stock exchanges and listing requirements, delay in delivering shares etc. 4. These malpractices and unfair trade practices have eroded investor confidence and multiplied investor grievances

Functions and responsibilities 1. Quasi-Legislative: Drafting of regulations 2. Quasi-Executive: Conducting investigation and conduction of action 3. Quasi-Judicial: Passing rulings and orders
The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as "...to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto".SEBI has to be responsive to the needs of three groups, which constitute the market: the issuers of securities the investors the market intermediaries.

The SEBI is managed by its members, which consists of following: a) The chairman who is nominated by Union Government of India. b) Two members, i.e. Officers from Union Finance Ministry. c) One member from The Reserve Bank of India. d) The remaining 5 members are nominated by Union Government of India, out of them at least 3 shall be whole-time members.

SEBI has been vested with the following powers: 1.to approve bylaws of stock exchanges.sebi 2.to require the stock exchange to amend their bylaws. 3.inspect the books of accounts and call for periodical returns from recognized stock exchanges. 4.inspect the books of accounts of a financial intermediaries. 5.compel certain companies to list their shares in one or more stock exchanges. 6.registration brokers. there are two types of brokers. 1.circuit broker 2.merchant broker

The above were the 50 companies listed in NIFTY 50 and their market stratures when market closed yesterday. The list is revised regularly. So if a company was included in the list in 2012, it might be in the list today.

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