INDIAN SECURITY MARKET

Paper Code:

SBFS201

Credits:

Contact Hours:

60.00

Max. Marks:

100.00

Objective:

Course Outcomes	Learning and teaching strategies	Assessment Strategies

On completion of this course, the students will be able to Explore the relationship between economy and investment. Analyze and evaluate various aspects of securities market. Apply fundamental principles of security analysis such as studying chart patterns and evaluation of firm’s financial performance while analyzing stock for investment. Acquire practical knowledge of trading in the stock market. Design appropriate portfolio for different categories of investors	Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation. Learning activities for the students: Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis	Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to

Explore the relationship between economy and investment.
Analyze and evaluate various aspects of securities market.
Apply fundamental principles of security analysis such as studying chart patterns and evaluation of firm’s financial performance while analyzing stock for investment.
Acquire practical knowledge of trading in the stock market.
Design appropriate portfolio for different categories of investors

Approach in teaching: Interactive Lectures, Discussion, Tutorials, Practical cases Demonstration, Power point presentation.

Learning activities for the students: Self learning assignments, Effective questions, Seminar presentation, Live practical problems analysis

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

12.00

Unit I:

Securities Market

 Components, Evolution of Indian securities market, Significance and Functions.
 Participants of Security market,
 Regulators of Security market.
 Types of security market: Primary market and secondary market, government securities market, Derivative markets, commodity market, foreign exchange market.

12.00

Unit II:

Primary Market

 Functions, participants.
 IPO- Methods followed, Green shoe option, red herring prospectus. On- line IPOs.,
 Merchant banking; Role of Merchant Bankers in Primary Market.
 Euro issues: Instruments used to raise funds in the International Market

12.00

Unit III:

Secondary Market

 Definition and functions of Stock Exchanges,
 Stock Exchanges in India: NSE, BSE, OTCEI and overseas stock exchanges, stock market Indices,
 Recent development in stock exchanges.
 Listing of securities: meaning- merits and demerits- listing requirements, procedure, delisting. Trading and settlement mechanism. Unfair trade practices.

12.00

Unit IV:

Trading system in security market

 Process of obtaining Membership at BSE and NSE, Client registration procedures, rules and regulations,
 Types of orders, Authenticate orders, order placement timing.
 BSE Trading systems and understanding BOLT screen: trade functions on BOLT screen, NSE Trading systems and understanding NEAT screen,
 Dematerialisation of Shares, Understand various forms – trading a/c and de-mat a/c, Rematerialization

12.00

Unit V:

Basic Terminology of Security market

 Types of stocks, indices, exchanges, brokerage accounts, order types, bull / bear markets, Introductory concepts: margin, short selling, stock splits, market capitalization, dividends, stock market psychology, Introduction to stock chart terminology / concepts: trends, channels, support and resistance.
 Risks in Equity Markets, methods of reducing risks.

Essential Readings:

• Bharti V. Pathak ‘Indian Financial System’.Pearson publication. 5edition.
• Bhole. L.M. “Financial Markets and Institutions’ Tata Mc Graw Hill, New Delhi.
• NCFM and NISM Modules
• Gordan, Natrajan” Financial Markets & Management of Financial Services” Himalayan publication, New Delhi.
• Gold Smith.R.W. “Financial Institutions”
• Khan M.Y “Indian Financial Theory and Practice”, Vikas Publishing House.
• Vasant Desai, “Indian Financial System”, Himalayan Publication

References:

SUGGESTED READINGS :
 Agarwal M.R,. Security analysis and portfolio management , Garima Publications
 Bhole L.M., Financial Institutions and Markets structure, growth and Innovation, Tata Mc Graw Hill, New Delhi.
 National Stock Exchange of India Limited, Capital Market Core Module.

E- RESOURCES:
 https://www.bseindia.com/static/about/BSE_Ebooks.aspx
 https://www.bseindia.com/
 https://www.nseindia.com/
 https://www.sebi.gov.in/

JOURNALS:
 Journal of Financial Markets :
https://www.sciencedirect.com/journal/journal-of-financial-markets
 Indian journal of research in Capital markets : http://indianjournalofcapitalmarkets.com/

Academic Year:

2023-2024