Security Analysis

Paper Code: 
FMG 416
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquaint the students with the techniques of security analysis and its valuation

9.00

Security Analysis – Concept, Usefulness, Computation Of Stock Indices, Segments. Major stock indices of India & world

9.00

Types of Securities-
Types-Debt and Equity, Shares and their characteristics – Various forms of equity capital, Hybrid Securities ( Income cum Growth),Bonds

9.00

Valuation of Securities -
Valuation of equity, Valuation of Debts and Bonds

9.00

Fundamental Analysis:- Meaning, Need of Fundamental Analysis, Top Down Valuation (EIC Analysis)

9.00

Technical Analysis – Basic Assumption, Strengths & Weaknesses of Technical Analysis, Candle Charts( one candle, two candles and Three candle charts), Pattern- Support and Resistance lines and its importance; Head and Shoulders, ;Double top and double bottom; Major indicators & oscillators. Dow Theory and Elliot Wave Theory

Essential Readings: 

Essential Reading
• Donald E. Fisher & Ronald J. Jordan, Security Analysis and Portfolio Management, Prentice Hall of India, 2003.
• V.K.Bhalla, Investment Management, 7th Edition, S. Chand & Co., New Delhi, 2000.
• Gordon J. Alexander, William F. Sharpe & Jeffery V. Bailey, Fundamentals of Investments, Prentice Hall, India, 2003 edition.

References: 

Reference Books
• Preetam Singh, Investment Management, 9th edition, Himalaya Publishing House, New Delhi 2000.
• Levi D, Maurice, International Finance, Routledge.
• Krugman, Paul R., Obstfeld, Maurice and Melitz, Marc, International Economics, Pearson Education.
• Madura, Jeff, International Corporate Finance, South-Western/Cengage learning.
• Eun, Cheol S. and Resnick, Bruce G., International Financial Management, Tata McGraw- Hill.
• Punithavathy Pandian, Security analysis & Portfolio Management, , Vikash Publication House

Academic Year: