Market Report Terminologies have been explained as under: - 4

22. CAP PRICE:
It is the highest price on which buyers are ready to purchase on a particular by demand, it is known as
“Cheerful Start”.
23. CHEERFUL START:
It is a situation in market which opens with a rising trend on a particular day in an organized market.

24. CUM-DIVIDEND or CUM-DIV:
Cum-Div, is short for Cumulative Dividend. It is a term of Stock Exchange. When a security is quoted
cum-dividend; it means that the price includes dividend, or interest accrued on it. The purchaser can,
as such, claim dividend since its last payment.
25. DIVERGENT TREND:
It means an unsystematic rise and fall in prices on a market day.
26. DULL TONE:
A dull tone is actually the weak state of business conditions, i.e., there are fewer buyers than sellers,
transactions are a few, and prices are receding.
27. DUMPING:
In an age of industrialization and cut-throat competition, there may by different techniques to capture
market. One known technique used in international market is dumping. Then a country sells her goods
at lower price even below the cost of production, it is known as dumping.
28. EX. ALL:
It is a term to denote all right to dividend or interest attached to a security in favor of the seller and not
the buyer.
29. EX- DIVIDEND:
When the price of a security is quoted Ex-Dividend, it implies that the buyer is not entitled to receive
interest or income accrued on the security even of he had possessed it before such claim become due.
The seller has the right to such a dividend and none else.
30. FORWARD BUSINESS:
When a business is transacted to receive or to given delivery at some future sate, it is known as
forward business or future. It is an important feature of modern organized market. It is system of
buying and selling commodities in advance. A future or forward business is known by the name of the
month in which is to be completed.

31. FORWARD BUYING:
Contract to take delivery of goods in future is known as forward buying. The price in such a case is
settled in advance. Neither the price is not paid nor is the goods delivered on the spot in this situation,
e.g., January future.
32. FUTURE HARDENED:
When the price of a commodity in the forward section of market increases, it is called “future
hardened”.
33. GAINED GROUND:
It is a terminology of the market report to show the condition of recovery. That is, prices regained after
a dull period.
34. GLUT:
It is a market situation. It is said to exist when more goods are available than can be sold out at a
reasonable price. Naturally, it forces price to come down.
35. HEAVY TRADING:
It refers to large volume of purchase and sale in an organized market.
36. HELLA:
It is a temporary suspension of the market dealing due to abnormal rise or fall in prices. There may be
a “bullish hella” or a “bearish hella” to show the (either) situation.
37. LISTLESS CONDITIONS:
It is a situation of an organized market in which there is least of activity.