Fundamentals of Financial Markets

Paper Code: 
FMG 116
Credits: 
3
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 and Financial markets

Indian Financial System: Concept, Functions.
Financial Market- Classification- Primary market, Secondary market, Derivative markets, Foreign exchange markets, Debt & Bond Market commodity & Real Estate Markets.

8.00
Unit II: 
Indian Money Markets

Treasury Bill Market- Introduction, nature, characteristics, types of treasury bills.
Commercial Bill Market- Introduction, Bill of Exchange -Classification, Acceptance. Size of Bill market in India

9.00
Unit III: 
Indian Capital Market

Indian Capital Market: Security Market, Secondary Market. Difference between Primary and Secondary Market. Recent trends of Primary and Secondary Market

8.00
Unit IV: 
Stock Exchange

Meaning of Stock Exchange, Features, Role and Significance of Stock Exchange. Trading and Settlement Procedure.

10.00
Unit V: 
SEBI

Contribution, Objectives, functions, powers, Organization and Management of SEBI, Regulation of 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: