ON REGULATION WORKING STRUCTURE OF STOCK EXCHANG IN INDIA.
UNDERTAKEN AT
GHAZIABAD PREPARED By: (Sulav Shee) (Pg-13-033) COMPANY GUIDE FACULTY GUIDE Mr. Ravi Barnwal Mr. Rishi Thaparia (BRANCH MANEGER) (Student Dean)
ACKNOWLEDGEMENT
"The secret of success in life is to be ready for an opportunity when it comes. It is with a sense of great pleasure and satisfaction that I am presenting this internship report.
I take this opportunity to convey heartfelt thanks to Dr. P.K. Gupta, Director of INMANTEC and Prof-Rishi taparia students affaires and placement officer, for providing me with the necessary infrastructure, thereby giving me freedom to carry out the summer internship training in my area of interest.
My deep sense of gratitude to Mr. Ravi barnwal (branch manager) and Mr. mitesh saxena (Relation manager) of TRUSTLINE SECURITIES Co. Ltd. GHAZIABAD for providing information about their company's products and helping me throughout the training.
I also express my sincere gratitude to my faculty guide Prof. RISHI TAPARIA(students affaires) for guiding me all throughout the Two month my summer internship.
Thanks and appreciation to all the staff members of TRUSTLINE SECURITIES Co. Ltd GHAZIABAD for their support and full co-operation perform the solemn duty of expressing heartful thanks to my friends for all that they meant to me during the crucial times of the completion of my internship.
Introduction The stock exchange is basically a marketplace for shares and securities. That is why it is also called a stock market just like any other market. It brings together the potential buyer and seller of the securities. Unlike other markets, no one is permitted to buy or sell shares directly in a stock exchange. According to the stock exchange rules, anyone has to do so through a licensed member of stock exchange called stockbroker, or through his registered sub-broker. The stockbroker is authorized to buy or sell shares on behalf of others on a commission basis. Trading in recognized stock exchange in India is confined only to listed securities. In India there are twenty three stock exchanges. In this only two are major stock exchanges:- Bombay stock exchange- The Bombay Stock Exchange (BSE) is a stock exchange located on Dalal Street, Mumbai and is the oldest stock exchange in Asia. The equity market capitalization of the companies listed on the BSE was US$1.63 trillion as of December 2010, making it the 4th largest stock exchange in Asia and the 8th largest in the world. The base year of Bombay stock exchange is 1978- - BSE Sensex (base year 1978-79=100), BSE 100 Index, BSE 200 Index, BSE 500 Index, BSE Midcap Index, BSE Small cap Index, BSE Large cap Index. National stock exchange- The National Stock Exchange of India limited has genesis in the report of the high powered study group on establishment of new stock exchange, which recommended promotion of a national stock exchange by financial institution to provide access to investors from all part of the country. NSE was promoted by government of India and was incorporated in November 1992 as a tax- paying company unlike other stock exchanges in the country. Its index is jor indices -S&P CNX Nifty (Nov 3, 1996 =1000, base market cap = Rs.2.06 tri), CNX Nifty Junior, S&P CNX 500
LITERATURE REVIEW According to SEBI, Professional Rating of market intermediaries, as a concept, is a matter of debate and discussions. The need for rating is felt not only from the point of view of greater disclosure requirements for investors interests, considering the important role such intermediaries play, being an interface between investors and exchanges but also from the point of view of measuring the adequacy of systems and controls to meet internal as well as external compliance requirements. So that need for Intermediaries Rating services (Brokers), In view of the developments that are taking place in the capital markets, the need to constantly upgrade and improve systems and procedures in operation as well as skill sets has gained considerable importance. Besides compliance with regulatory requirements both in letter and spirit has assumed significance so as to mitigate risk and ensure adequate protection of investors interest. And Rating objectives / benefits are rated entity would be in a position to brand its image and capitalize the same for generating more business. In a nutshell, the product may accrue significant benefits to all stakeholders including the investors, stock brokers themselves, the regulator and others who will benefit from the transparency and the consequential focus on efficiency. According to SEBI and Intermediaries Regulation and Supervision Department, different factors are consider for rating process Organization structure, Policy on Investors interest, Risk Management Policy and System, Organization process and procedures, Management policy on compliance, Financials, History/Background, Firms positioning. Investors dont Make Money in the Stock Market. One reason the institutions make so much money is that they are trading. They make money every time you buy or sell. They make money whether you win or lose. That means that when youre investing, youre basically just sitting there. Youre not going anywhere. Youre not making money as an investor. Trading the Trend: The Only Way to Make Money in the Market If you dont know this already, Trend Trading means trading trends based on human emotions. Not lagging indicators. Not complex statistical analysis and not Ph.D. level mathematical equations. With trend trading, you look for market movement. That could mean stocks that are going to move up or down during the
course of a day (intraday). Youll play the gaps up and down, often several days a week. The Trend trading means being aware and taking advantage of trends like the run-ups that happen around earning sessions. These are trends that have worked time and time again in the market. They consistently yield results.
TABLES OF CONTAINS PAGE NO ACKNOWLEDGEMENT
EXECUTIVE SUMMARY
INTRODUCTION
LITERATURE REVIEW
OBJECTIVE OF THE PROJECT
SCOP OF THE STUDY
METHODOLOGY
TYPES OF SHARES
TYPES OF MARKETS
COMPANY PROFILE
TRADING PORTAL
ORGANISATION STRUCTURE
FINANCIAL PRODUCT
FINANCIAL PERFORMANCE
LEARNING FROM THE PROJECT
FINDING
RECOMMENDATION
CONCLUSION
1) Cover Page 2) Brief Introduction 3) Need of the study 4) Statement Problem 5) Objective of the Study 6) Hypothesis of the study 7) Research Methodology 8) Sample Size 9) Research Tool 10) Statistical Devices 11) Limitation of the study 12) Probable Chapters