Financial Markets

Paper Code: 
FSG 116
Credits: 
03
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To provide an in-depth knowledge on operations of financial markets in India

10.00
Unit I: 
Indian Financial System

Concept, Functions, Evolution and Role of Financial Markets. Weaknesses of Indian Financial System.

8.00
Unit II: 
Indian Money Markets, Treasury Bill Market & Commercial Bill Market

Indian Money Markets: Importance, Features and developments.

Treasury Bill Market- Introduction, characteristics, types of treasury bills.

Commercial Bill Market- Introduction, Bill of Exchange -Classification, Acceptance.
Recent development in money market.

9.00
Unit III: 
Indian Capital Market

Security Market (a) Primary Market (b) Secondary Market. Difference between Primary and Secondary Market. Recent trends of Primary and Secondary Market.

8.00
Unit IV: 
Stock Exchange

Listing and Delisting of Securities, Insider Trading. National Stock Exchange and over the Counter Exchange, On line Trading.

10.00
Unit V: 
SEBI

Objectives, functions, powers.
Guidelines for issue of shares, Recent reforms in SEBI

Essential Readings: 

• Bhole. L.M. “Financial Markets and Institutions’ Tata Mc Graw Hill, New Delhi
• Gordan, Natrajan” Financial Markets & Management of Financial Services” Himalayan publication, New delhi
• Vasant Desai, “Indian Financial System”, Himalayan Publication

References: 

• Gold Smith.R.W. “Financial Institutions”
• Khan M.Y “Indian Financial Theory and Practice”, Vikas Publishing House.

Academic Year: