The students will be enabled to understand various financial markets, investment avenues, primary and secondary market operations, depositories, and the roles of different entities in the capital market.
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24CFSG 413 |
Equity Markets (Theory) |
CO121: Appraise theoretical and practical knowledge about the various types of equity markets and compare various Investment Avenues available in India. CO122: Analyse the Primary market and select the appropriate methods of marketing the securities at national and international levels. CO123: Evaluate the concept of secondary market and to assemble various requirements related to listing and delisting of securities. CO124: Analyse and support the working of Depositories and mechanics of security trading in India. CO125: Differentiate between various participants of security market and their functions. CO126: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, PowerPoint presentations. Learning activities for the students: Self-learning assignments, and presentation. |
CA tests, Semester end examinations, Quiz, Assignments, Presentations. |
• Types of Markets: Equity, debt, derivatives, commodities.
• Overview of Derivative Market: Introduction, features, Types of Instruments in Derivatives market- Forward, Future, Option, Swaps, Commodities- Features.
• Types of investment avenues: Fixed Deposits, Bank Deposits, Provident Funds, Life Insurance, Post Office Savings, Small savings, Gold, Mutual Funds, Equity Shares, Debentures/Bonds, crypto.
• Initial Public Offer (IPO),
• Methods of marketing an issue.
• Book Building process, auction based book building, reverse book building,
• green shoe option,
• Eligibility to issue securities,
• Pricing of Issues: Fixed versus Book Building issues,
• Allotment of Shares, Basis of Allotment, resource mobilization from international markets (ADR, GDR, Euro issues)
• Structure & Functioning: The Stock Market in India,
• Mechanics of Stock Exchanges namely BSE & NSE ,OTCEI– stock market Indices,
• Listing of securities in stock exchange, Delisting.
• Trading arrangements, bulk deal, block deal, DMA, negotiated deals, trading and settlement, rolling settlement, internet trading
• Functions, NSDL,CDSL,
• Depository participants,
• Trading and settlement, Rolling Settlement,
• Do’s and Don’ts for investors.
• Brokers, Sub-brokers,
• Foreign Institutional Investors (FIIs),
• Portfolio Managers,
• Custodians,
• Share Transfer Agents,
• Merchant Bankers,
• Bankers to an Issue,
• Underwriters, Credit Rating Agencies.
• K.Natrajan Gordon, Financial Markets and Services , Himalaya publishing house
• Pathak Bharti V, , Indian Financial System, Pearson Education, New Delhi
• Gupta N., Gupta Shashi K., Aggarwal N, Financial Institutions and Markets, Kalyani publishers
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-Content:
• https://www.bseindia.com/static/about/BSE_Ebooks.aspx [2]
• https://www.bseindia.com/ [3]
• https://www.nseindia.com/ [4]
• https://www.sebi.gov.in/ [5]
Reference Journals:
• Journal of Financial Markets :
• https://www.sciencedirect.com/journal/journal-of-financial-markets [6]
• Indian Journal of Research in Capital Markets: http://indianjournalofcapitalmarkets.com/ [7]
Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/equity-markets-theory
[2] https://www.bseindia.com/static/about/BSE_Ebooks.aspx
[3] https://www.bseindia.com/
[4] https://www.nseindia.com/
[5] https://www.sebi.gov.in/
[6] https://www.sciencedirect.com/journal/journal-of-financial-markets
[7] http://indianjournalofcapitalmarkets.com/
[8] https://finance.iisuniv.ac.in/academic-year/2024-2025