Beginner Q&A on Stock Market

[>take]

ASBA (Application Supported by Blocked Amounts) is a process developed by the Securities and Exchange Board Of India (SEBI) for applying to IPO. In ASBA, an IPO applicant's account doesn't get debited until shares are alloted to him/her.

[Sumant]

What is Call - Put in option trading?

[Lethal]

CALL : If you buy a CALL ( or you sell a PUT) of particular script means you are bullish on script. If scripts moves up you make money.
PUT : If you buy a PUT ( or you sell a CALL) of a particular script means you are bearish on script. If script goes down you make money.

Buy CALL / PUT : loss limited & profit unlimited.
Sell CALL / PUT : profit limited & loss unlimited.

Hope this clears your doubts.