Lovely Professional University,Punjab

Format For Instruction Plan [for Courses with Lectures and Labs

Course No Cours Title Course Planner Lectures Tutorial Practical Credits

MGT959 STOCK MARKET OPERATIONS 14616 :: Atin Garg 3 0 0 3

Text Book: 1 Kevin,S. Security Analysis and Portfolio Management, PHI Publications, New Delhi: 2009

Other Specific Book:

2 NSE Capital Market Dealer Module, NSEIL Publications: National Stock Exchange

3 Varshney, P.N., Indian Financial System, Sultan Chand and Sons: Delhi 2008

Other Reading

Sr No Jouranls atricles as compulsary readings (specific articles, Complete reference)

4 Technical & Fundamental Analysis http://wasankarwealth.com/Articals_Pdf/633686522890007500_Navigating%20with%20Technical%20and%20Fundamentals
%2023%20JAN%202009.pdf
5 What’s Project Portfolio Management (PPM) & Why Should Project Managers Care About It? http://michaelgreer.biz/?p=147
6 Investment Portfolio Diversification & Risk http://www.marketoracle.co.uk/Article12274.html
7 Goldman Sachs the Great American Financial Markets Bubble Machine http://www.marketoracle.co.uk/Article12545.html
8 CAPM vs. APT with macro economic variables: evidence from the Indian stock market http://findarticles.com/p/articles/mi_6771/is_1_4/ai_n28532457/pg_5/?
tag=content;col1
9 Portfolio Analysis: application and evaluation in Indian stock market http://knol.google.com/k/narayana-rao-kvss/portfolio-analysis-application-
and/2utb2lsm2k7a/23#
10 Hot Bonds: http://marketedge.securitybank.com/%5Cothers/Hot%20Bonds%20Trading%20Fixed-Income%20Securities%20Like%20Stocks.htm
11 UTI mutual fund to co-sponsor KBC-III, High Beam Research, Press Trust of India Ltd,10 Dec. 2006 http://www.highbeam.com/doc/1G1-155718705.html
12 Technical Analysis http://www.technicalanalysis.org.uk/technical-analysis.pdf
13 Intelligent Techniques in Stock Analysis http://www.iis.pwr.wroc.pl/~kwasnick/download/gielda.pdf
14 The Indian Stock Market http://ezinearticles.com/?The-Indian-Stock-Market&id=118673

1 Approved for Spring Session 2010-11

 15 Insider trading in Indian stock markets http://www.theindiastreet.com/2007/06/insider-trading-in-indian-stock-markets.html
16 Short selling and its regulation in India in international perspective http://www.indianjournals.com/ijor.aspx?target=ijor:ijfr&volume=13&issue=1and2&article=005
17 'The Good Times Do End' http://proquest.umi.com/pqdweb?
index=0&did=1886728521&SrchMode=1&sid=4&Fmt=3&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1262950339&clientId=129893&cfc=1
18 How the bull came of age http://proquest.umi.com/pqdweb?
index=7&did=1927070931&SrchMode=1&sid=5&Fmt=3&VInst=PROD&VType=PQD&RQT=309&VName=PQD&TS=1262950375&clientId=129893
19 Role of Stock Exchange in the Development of Indian Capital Market: A Study of National Stock Exchange
http://www.indianmba.com/Faculty_Column/FC708/fc708.html
20 Stock-Picking Strategies: Introduction http://www.investopedia.com/university/stockpicking/
21 How to get the best out of your Ulip http://www.rediff.com/money/2008/jan/21ulip.htm

Relevant Websites

Sr. No. (Web adress) (only if relevant to the courses) Salient Features
22 www.bseindia.com Official web site of Bombay stock exchange
23 www.nseindia.com Official web site of National stock exchange
24 www.moneycontrol.com Provides Numerous information about Stock market and listed Companies
25 www.stock-picks-focus.com Provides information about various stock market terms and analysis
26 http://indiaearnings.moneycontrol.com/sub_india/news.php? Expert views of Analyst: CNBC TV18 and other information on various issues of stock market
category=6
27 http://www.sebi.gov.in/ Official web site of SEBI
28 http://beginnersinvest.about.com/cs/investinglessons/a/aaless Information of various terms related with stock market and stock analysis
1intro_2.htm
29 http://content.icicidirect.com/market/market.asp current information of indian stock market
30 http://www.karvy.com/articles/archmf.htm Various articles related with stock market
31 http://www.proquest.co.uk/en-UK/ articles on various topics
32 www.ssrn.com articles on various topics
33 http://en.wikipedia.org/wiki/Currency_market notes on currency market
34 http://en.wikipedia.org/wiki/Unit_Linked_Insurance_Plan Notes on ulip
35 http://en.wikipedia.org/wiki/Commodity_market notes on commodity market

Detailed Plan For Lectures

2 Approved for Spring Session 2010-11

Week Number Lecture Number Lecture Topic Chapters/Sections of Homework to be Assigned Pedagogical tool
Textbook/other to students Demonstration/case
reference study/images/anmatio
n ctc. planned

Part 1
Week 1 Lecture 1 Meaning of investment, its Characteristics and Book :1,Ch. 2
Objectives.
Lecture 2 Investment Vs. Speculation, Investment vs.
Gambling, Types of investors.
Lecture 3 Investment Avenues and their Characteristics
Week 2 Lecture 4 Investment Avenues and their Characteristics Book :1,Ch. 2 HomeWork 1 Allocation
Lecture 5 Financial Market, segments, Types, Participants, Book :1,Ch. 3
Regulatory Environment
Lecture 6 Primary Market,Process of Floating IPO Article:- Jaypee
Infratech Should You
Subscribe ? available at
http://www.dalalstreet.bi
z/ipo/2010/04/jaypee-
infratech-ipo-
investment-decision/
Week 3 Lecture 7 Book Building, Regulation of Primary Market. Book :1,Ch. 3 HomeWork 2 Allocation Case Study:- SEBI
Regulation: Book
Building
Lecture 8 Stock Exchange: Functions, Stock market in india. Book :1,Ch. 4
Lecture 9 Stock Exchange: Organization, Membership
Management and Regulation.
Week 4 Lecture 10 Risk-Return Concept, Systematic Risk and Book :1,Ch. 6 Term Paper 1 Allocation
Unsystematic Risk, Calculation of expected return

Part 2
Week 4 Lecture 11 Measurement of Risk: Systematic Risk, calculation Book :1,Ch. 6 HomeWork 1 Submission Case Study: Nike, inc.
of Beta available at Page no
107 to 111, SAPM by
Fischer and Jordan,
Sixth edition, Pearson
Publication, 2006
Lecture 12 Measurement of Risk: Systematic Risk, calculation numerical problems
of Beta

3 Approved for Spring Session 2010-11

Week 5 Lecture 13 Trading System: Types of Orders Book :1,Ch. 5
Lecture 14 Settlement, Speculation, Margin Trading
Lecture 15 Trading System: Depositories, Stock Market
Quotations and Indices
Week 6 Lecture 16 Trading System: NEAT & BOLT, Screen Based Book :3,Ch. 15 Quiz 1 http://www.scribd.com/d
trading System, oc/14197757/NSE-
SOFTWARENEAT
Lecture 17 Market Phases Book :2,Ch. 1
Lecture 18 Order Management and trade management
Week 7 Lecture 19 Review of term paper
Lecture 20 Market window operations(INVOKING AN INQUIRY Book :2,Ch. 1
SCREEN) and auction
Lecture 21 Revision

MID-TERM
Part 3
Week 8 Lecture 22 Trading strategies HomeWork 4 Allocation http://www.stta-
consulting.com/TS/basic
.htm
Lecture 23 Trading strategies Book :20, http://www.stta-
consulting.com/
Lecture 24 Hedging, Imperfection in Hedging Book :1,Ch. 19
Week 9 Lecture 25 Daily Settlement Book :3,Ch. 15 HomeWork 3 Allocation
Lecture 26 Margins
Lecture 27 Fundamental Analysis: Economy Analysis, Book :1,Ch. 7
Economic Forecasting and Its Techniques
Week 10 Lecture 28 Industry Analysis: Industry Life Cycle, Industry Book :1,Ch. 8
Characteristics,
Lecture 29 Company Analysis: Introduction Case Study: Buyback of
Company Analysis: Financial Statement Analysis, shares
Ratio Analysis

4 Approved for Spring Session 2010-11

 Part 4
Week 10 Lecture 30 Company Analysis: Financial Statement Analysis, Book :1,Ch. 8 HomeWork 3 Submission Case Study: Philip
Ratio Analysis Morris Companies
available at Pp no. 292
to 295, SAPM by
Fischer and Jordan,
Sixth edition, Pearson
Publication, 2006
Week 11 Lecture 31 Technical Analysis: Meaning, Dow Theory, Charts, Book :1,Ch. 11
Trends
Lecture 32 Technical Analysis: Elliot Wave Theory, Case study: COMING
Mathematical Indicators, Market Indicators UP INVESTOR
SENTIMENTS
Lecture 33 Financial Derivatives: Introduction, Book :1,Ch. 18 & 19 Term Paper 1 Submission
Forward, Future and Option
Week 12 Lecture 34 Forward, Future and Option: Introduction ,Features Book :1,Ch. 18 & 19 Quiz 2
and types
Lecture 35 Mutual Fund: Concept, Types, NAV and Mechanism Book :3,Ch. 16 Part 2
Lecture 36 ULIP: Introduction, Concept & Types Book HomeWork 2 Submission http://en.wikipedia.org/wi
:21,http://www.rediff.co ki/Unit_Linked_Insuranc
m/money/2008/jan/21ul e_Plan
ip.htm http://www.iciciprulife.co
m/public/Retirement-
Plans/Unit-Linked-
Insurance-
Plans/ulips.htm
Week 13 Lecture 37 Introduction to Commodity Market http://en.wikipedia.org/wi
ki/Commodity_market
Lecture 38 Introduction to Currency Market http://en.wikipedia.org/wi
ki/Currency_market
Lecture 39 Revision

Spill Over
Week 14 Lecture 40 Efficient Market Hypothesis Book :1,Ch. 12
Lecture 41 Portfolio Revision Book :1,Ch. 16
Lecture 42 Capital Asset Pricing Model Book :1,Ch. 15
Week 15 Lecture 43 Stock Valuation Book :1,Ch. 9

5 Approved for Spring Session 2010-11

Details of homework and case studies
Homework No. Topic of the Homework Nature of homework
(group/individuals/field work
Homework 1 Student are suppose to analysis the share price of given compnay along with the movement of Sensex for Individual
a period of last 12 months, Calulate their P/E ration, Debt Equity ratio, Growth in sales and profit, Market
share of Co. along with its competitors and major events affecting company share price.
Homework 2 Creation of Portfolio & its Management:- Students are required to create a Dummy trading account on Individual
www. moneycontrol. com and need to manage the portfolio. There will be at least two revisions at the end
of every month and final submission will be in 2nd last week of semester
Homework 3 Industry Analysis: Group of Students are required to Conduct an industry analysis with the perspective of Group
investment i.e. Whether to invest in this industry or not? A written Analysis report should be submitted by
the students.
Homework 4 Presentation on Current Stock Market Topics: Students are required to Present on any current stock Individual
market topic of their own choice, but no two topics can be the same. Presentations will be conducted
during the regular classes in the last 15 minutes of the class starting from immediately after MTE

Scheme for CA:out of 100*

Component Frequency Out Of Each Marks Total Marks
Homework 3 4 15 45
Quiz 2 15 30
Term Paper 1 25 25

Total :- 55 100

* In ENG courses wherever the total exceeds 100, consider x best out of y components of CA, as explained in teacher's guide available on the
UMS

List of suggested topics for term paper[at least 15] (Student to spend about 15 hrs on any one specified term paper)

Sr. No. Topic

1 Analyze the Trend of Stock market for given time period and formulate price-volume charts & candle stick charts.
2 Stock Market Crashes 1929 & 1987, 2008. Compares causes and effects, Market behaviour, prices, stock values, govt policies, general & economic
conditions, Speculation, global economy.
3 Implications of Harshad Mehta Scam.
4 Impact of U.S. Subprime Crisis on Indian industries (Textile, Information Technology, Real Estate etc.)

6 Approved for Spring Session 2010-11

 5 Buyback of Shares: A Case Study in Indian Perspective
6 Relationship among Gold Prices, Oil Prices and Foreign Exchange Rates(various Time Periods, various Countries)
7 IPO Valuation: A Case Study in Indian Perspective
8 Study on Mutual Funds: Structure & Working of AMCs
9 Future of Derivatives trading in India
10 Indian Balance of Payment crisis: 1991
11 Insider Trading: Cause and Effect analysis, reference: Harshad Mehta Scam, SATYAM, ENRON Scandal etc.
12 Role of a Regulator: SEBI, RBI, IRDA etc.
13 Impact of Rupee Appreciation/Depreciation in general and on various Industries (Textiles, IT, FMCG, Real Estate, Manufacturing etc.)
14 Fundamental Analysis of any industry: Cement Sector, Textile, Banking, FMCG,IT etc.
15 Study of the impact of the Foreign Direct Investment and FII in Indian Financial Market
16 FIIs: Boon or Bane? (Indian and Global perspective)

7 Approved for Spring Session 2010-11