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A COMPARATIVE STUDY ON ONLINE TRADING OF SHARE PRICES OF
BANKING SECTOR
AT
SHAREKHAN LTD
HYDERABAD
K.VEMUNA
225609672044
Project submitted in partial fulfillment for the award of the Degree of

MASTER OF BUSINESS ADMINISTRATION
by
Osmania University, Hyderabad -500007
DECLARATION
I hereby declare that this Project Report titled A Comparative study on

Online Trading of Share Prices of Banking sector submitted by me to the
Department of Business Management, O.U., Hyderabad, is a bonafied work
undertaken by me and it is not submitted to any other University or Institution for
the award of any degree diploma / certificate or published any time before.
Name and Address of the Student

K.VEMUNA
H-NO;1-9-322,
Kushaiguda,
Hyderabad.
Signature of the Student
ABSTRACT
Buying and Selling of securities (shares) through Internet . The four banks ICICI,
AXIS BANK ,SBI & ANDHRA BANK performance is analyzed for a period of
2years. The share price movement of the banks is compared with the other. The
share price movement of the banks is analyzed and the factors effecting the
movement of share prices is seen. The trend of share prices in Government and
private banks is analyzed. Online trading will help in reducing transaction costs
particularly for overseas and remote located investors. Provide analytical data for
use of stock exchange in analysis and reporting. Provide public information on
scrip prices, indices for all users of the system. Facility of transaction business
from the terminal of the investors and will help him making rational judgment or
decisions. The investor is provided with best offer. Gives suggestions to investors
to choose the best scrip which gives maximum profits either short term or long
term. And helps investors to avoid loss in their decision making. Right decision at
right time helps the investors to get maximum benefits and reduce loss. Helps the
investors to decide when to invest and when not to invest in the scrips and time
period for each investment .
ACKNOWLEDGEMENT
With the deep sense of gratitude, I wish to acknowledge the support and help
extended by all the people in successful completion of this project work.
I express my sincere gratitude to Mr.S. Chandar, Assistant manager of
Sharekahan Ltd, for allowing me to take up this project and enlighted me in doing
this project.
I express my gratitude to our Principal for his consistent support, Head of the
Department Mr.C.S. Patnaik for his encouragement.
I would like to express my sincere thanks to my internal guide Mr.G.N.
Satish Kumar and project coordinator Mrs. Rathnavali for their immense support
during my project report.
I would like to express my sincere thanks to Mrs. Sridevi, Financial faculty
for her immense support during my project report.
Last but not the least; I would like to thank all the faculty members who
have been a strong source of inspiration throughout the project directly or
indirectly.
TABLE OF CONTENTS
List of Tables6
List of figures ..7
The major limitation of the project is Time Factor..............35

SHARE KHAN, Indias leading stockbrokers the real arm of
SSKI, an Organization with over eight decades of stock market
experience. With more than 175 share shops in over 80 cities, and
a presence on internet through www.sharekhan.com, Indias
premier online trading destination, we reach out to customers like
no one else.................................................................................43
Share khan offers you trade execution facilities on the BSE and
the NSE, for cash as well as derivates, depositary services and
most importantly, investment advice tempered by 80 years of
research and broking experience. To ensure that your trading
experience with share khan is fast, secure and hassle free. We
offer a suite of products and services, providing you with a multichannel access to the stock markets.......................................43
SSKI group also comprises institutional broking and corporate

finance. While the institutional broking division caters to the
largest domestic and foreign institutional investors. The corporate
finance division focuses on niche areas such as infrastructure,
Telecom and media. SSKI holds a sizeable portion of the market
in each of these segments.........................................................43
As the forerunner of investment research in the India market, we
provide the best research coverage amongst broking houses in
India. Our research team is rated as one of the best in the
country. Voted four times as the top domestic brokerage . .43
house by Asia money survey. SSKI is consistently ranked
almagest the top domestic brokerage houses in India..........44
Dematerialization in short called as Demat is the process by
which an investor can get physical certificates converted into
electronic form, Rs 20 per scrip per day ( the brokerage per scrip
will be charged for the trades resulting in delivery on actual or
Rs. 20 whichever is more)........................................................44
( For e.g. If a customer buys 100 shares of sail, total delivery value
=2200. Brokerage @ 0.5% = Rs 11, but the min chargeable amt
per scrip per day = Rs 20), so additional Rs 9 will be charged as
min delivery handling charges)..............................................44
COMPANY BACKGROUND:...............................................44
1.Share khan is the retail broking arm of SSKI, securities pvt ltd.
SSKI owns 56% in share khan, balance ownership is HSBC, fiRst
caryle, and Intel pacific...........................................................44
2.Into broking since 80 years..................................................44
3.Focused on providing equity solutions to every segment.. 44
4.Largest ground network of 210 branded share shops in 90 cities.
44
ANDHRA......................................................................................75
SUGGESTIONS:.........................................................................80
CONCLUSION:...........................................................................81
LIMITATIONS:..........................................................................82
The major limitation of the project is Time Factor..............82
Secondary Data........................................................................82
82
PROJECT TITLE...................................................................83
________________________________________________________
___________________________________ ...........................83
A COMPARATIVE STUDY ON ONLINE TRADING OF
SHARE PRICES OF BANKING SECTOR
INDUSTRIAL
CREDIT AND INVESTMENT CORPORATION OF INDIA ,

AXIS BANK, STATE BANK OF INDIA & ANDHRA BANK....83
..................................83
INTRODUCTION.......................................................................83
ONLINE TRADING :Buying & Selling Securities (shares)
through Internet ......................................................................83
With a Share khan trading account you can buy and sell shares in
an instant & anytime you........................................................83
Shares,derivatives,mutual funds, commodities, etc can be traded
using internet............................................................................83
You can choose the online trading account that suits your trading
benefits......................................................................................83
Types of accounts:....................................................................83
Classic account.........................................................................83
Speed trade...............................................................................83
Trade Tiger.
83
BIBLIOGRAPHY........................................................................85
CHAPTER-1
INTRODUCTION
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ONLINE TRADING OF SHARES

Stock exchange is an organized market place where securities are traded. These
securities are issued by the government, semi-government bodies, public sector
undertakings and companies for borrowing funds and raising resources. Securities
are defined as any monetary claims (promissory notes or I.O.U) and also include
shares, debentures, bonds and etc., if these securities are marketable as in the case of
the government stock, they are transferable by endorsement and alike movable
property. They are tradable on the stock exchange. So are the case shares of
companies.
Under the Securities Contract Regulation Act of 1956, securities trading is
regulated by the Central Government and such trading can take place only in stock
exchanges recognized by the government under this Act. As referred to earlier there
are at present 23 such recognized stock exchanges in India. Of these, major stock
exchanges, like Bombay Stock Exchange, National Stock Exchange, Inter-Connected
Stock Exchange, Calcutta, Delhi, Chennai, Hyderabad and Bangalore etc. are
permanently recognized while a few are temporarily recognized. The above act has
also laid down that trading in approved contract should be done through registered
members of the exchange.
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As per the rules made under the above act, trading in securities permitted to be
traded would be in the normal trading hours (9.00 A.M to 3.30 P.M) on working
days in the trading ring, as specified for trading purpose. Contracts approved to be
traded are the following:
1 Spot delivery deals are for deliveries of shares on the same day or the next day as the
payment is made.
2 Hand deliveries deals for delivering shares within a period of 7 to 14 days from the
date of contract.
3 Delivery through clearing for delivering shares with in a period of two months from
the date of the contract, which is now reduce to 15 days.(Reduced to 2 days in demat
trading)
4 Special Delivery deals for delivering of shares for specified longer periods as may be
approved by the governing board of the stock exchange.
Except in those deals meant for delivery on spot basis, all the rest are to be put
through by the registered brokers of a stock exchange. The securities contracts
(Regulation) rules of 1957 laid down the condition for such trading, the trading
hours, rules of trading, settlement of disputes, etc. as between the members and of
the members with reference to their clients.
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SECURITIES AND EXCHANGE BOARD OF INDIA(SEBI)

The Securities and Exchange Board of India even though established in the year
1988 and got statutory power on 30th January 1992. Under the SEBI Act, a wide
variety of powers are vested in the hands of SEBI. SEBI has the powers to regulate
the business of Stock Exchanges, other security and mutual funds. Registration and
regulation of market intermediaries are also carried out by SEBI. It has
responsibility to prohibit the fraudulent unfair trade practices and insider dealings.
Takeovers are also monitored by the SEBI has the multi pronged duty to promote
the healthy growth of the capital market and protect the investors.
The Governing Board of Stock Exchanges: The Governing Board of the Stock
Exchange consists of elected members of directors, government nominees and
public representatives. Rules, by laws and regulations of the Stock Exchange

substantial powers to the executive director for maintaining efficient and smooth
day-to day functioning of Stock Exchange. The Governing Board has the
responsibility to maintain and orderly and well-regulated market.
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The Governing body of the Stock Exchange consists of 13 members of which

1 Six members of the Stock Exchange are elected by the members of the Stock
Exchange.
2 Central Government nominates not more than three members.
3 The board nominates three public representatives.
4 SEBI nominates persona not exceeding three and
5 The Stock Exchange appoints one Executive Director.
One third of the elected members retire at annual general meeting (AGM).
The retired member can offer himself for election if he is not elected for two
consecutive years. If a member serves in the governing body for two years
consecutively, he should refrain offering himself for another two years.
The members of the governing body elect the president and vice-president. It
needs to approval from the Central Government or the Board. The office tenure for
the president and vice-president is on year. They can offer themselves for re-election,
if they have not held for two consecutive years. In that case they can offer
themselves for re-election after a gap of one-year period
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NATIONAL STOCK EXCHANGE (NSE)

The National Stock Exchange (NSE) of India became operational in the capital
market segment on third November 1994 in Mumbai. The genesis of the NSE lies in
the recommendations of the pherwani committee (1991). It had recommended for the
establishment of National Stock market System also. The committee pointed out
some major defects in the Indian stock market. The defects specified are
1. Lack of liquidity in most of the markets in terms of depth and breadth.
2. Lack of ability to develop markets for debt.
3. Lack of infrastructure facilities and outdated trading system.
4. Lack of transparency in the operations that affect investors confidence.
5. Outdated settlement system that are inadequate to cater to the growing volume,
leading to delays.
6. Lack of single market due to the inability of various stock exchanges to function
cohesively with legal structure and regulatory framework.
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PRESENT TRADING MECHANISM

The National system provides single, nation wide Securities. It enables
investors in one part of the country to trade at the best quotes with an investors
located in any other part of the country through the members of the stock exchanges
and subsequently clears and settles the trade in an efficient and cost effective
manner.
The primary objective of the stock market is to provide clear opportunity to
the investors throughout the country to trade any securities irrespective of the size of
the order or the broker through whom the order is routed. This provides the facility to
execute the buy out any extra cost to the investors.
There will be no trading floor in the exchanges. Instead, each trading member
will have a computer at his own office any where in India which will be connected to
the central computer system at the NSE through leased lines or VSATs (Very Small
Aperture Terminal), for an interim transition period of six months and subsequently
by satellite link.
VSATs are relatively smaller dishes similar to dish antenna for cable T.V and have
the benefit of not being very expensive.
A satellite network makes it possible to connect almost all the parts of the
nation quickly as it is easy to install, as against the ground lines Such as dial up
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Modems leased lines which are prone to disruptions, satellite links on other hands
ensure high speed, availability and quality of the connection. This code of trading is
known as On-line Trading.
TRADING PROCEDURE BEFORE ON-LINE

THE TRADING RING:
Trading on stock exchanges is officially done in the ring for a few hours from
11.00 A.M to 2.30P.M. Trading before or after official hour is called KERB
TRADING. In the trading ring space is provided for specified and non-specified
sections. The members of their authorized assistants have to wear a badge or carry
with them identify cards given by the exchange to enter the trading ring. They carry a
Sauda book or confirmation memos duly authorized by exchange. The stock
exchanges operations at floor level are highly technical in nature. Non-members are
not permitted to enter into stock market. Hence, various stages have to be completed
in executing a transaction at a stock exchange. The steps involved in the methods of
trading have been given below:
CHOICE OF BROKER:
The prospective investor who wants to buy shares or the investor who wants to
sell his shares cannot enter into hall of the exchange and transact business. They
have to act through only member brokers. They can also appoint their bankers for
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this purpose. Since, bankers can become members of stock exchange as per
the present regulations. So, the first task in transacting business on stock exchanges
is to choose a broker of repute or banker. Such peoples can ensure prompt and quick
execution of a transaction at the possible price.
PLACEMENT OF ORDER:
The next step in planning of order for the purchase or sale of Securities
with the broker. The order is usually by telegram, telephone, letter, fax etc., or in
person. To avoid delay it is placed generally over the phone. The orders may take
any one of the forms such as at best order, limit order, immediate or cancel order,
discretionary order, limited discretionary order, open order and stop loss order.
ENTRY OF ORDER INTO THE BOOKS:
After receiving the order, the member enters them in his books and the
purchase and sale orders are distributed among his assistants to handle them
separately in non-specified and odd-lots.
EXECUTION OF ORDER:
Big brokers transact their business through their authorized clerk. Small
ones out their business personally. Orders are executed in the trading ring of the
SHAREKHAN .This works from 12:00 noon to 2:00 p.m discretionary order on all
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working days from Monday to Friday and a special hour session on Saturday.
The floor of the stock exchange is divided into number of markets (pits)
according to the nature of security deal in. The authorized clerk/broker goes to the pit
and jobbers offer two way quotes for the scrips they deal in. they act as market
makers and provide liquidity to the market. The system has been designed to get the
bet lids and offers from the jobbers book as well as the best buy and sell orders from
the book. If the quotation is not acceptable to the brokers, he may make a counter
bid/offer
Ultimately the bargains may be closed at a price mutually acceptable to
both the parties. In case the quotation is not acceptable to him, the broker may go to
another dealer and make a bargain. All bargains on the stock exchanges are settled
by word of mouth and there is no written contract signed immediately by the parties
concerned. Once the transaction is finalized, the deals are recorded in a Chaupri
Rough notebook or transaction note or confirmation memos. Soudha block books or
confirmation memos are provided by the stock exchange. The details are recorded in
these books also. The prices at which different scrip are traded on a particular day
published on the next day in the newspapers. An authorized representative of the
stock exchange is also present in the hall to supervise the trading.
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INTODUCTION TO ONLINE TRADING

Gone are the days of trading on the floor. Technology has changed the
landscape of the stock markets. The look of the stock exchanges has undergone
metamorphic changes in the recent years. Prior to online trading, regional stock
exchange was playing a very important role in capital markets, as they were local
investors. Regional SE, which was unable to interact with other SEs started
developing this own screen based trading and connecting to other scrips which were
not available with them. This also helped in accessing the quotes and other market
information from other stock exchange which proved vital in the functioning of the
system as a whole.
The trading network is depicted in given below NSE has main computer which
is connected through Very Small Aperture Terminal (VSAT) installed at its office.
The main computer runs on a fault tolerant STRATUS mainframe computer at the
Exchange. Brokers have terminals (identified as the PCs in the given picture)
installed at their premises which are connected through VSATs/ leased
lines/modems. An investor informs a broker to place an order on his behalf. The
broker enters the order through his PC, which runs under Windows NT and sends
signal to the satellite via VSAT/leased line/modem. The signal is directed to
mainframe computer at NSE via VSAT at NSEs office.
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A message relating to the order activity is broadcast to the respective member.

The order confirmation message is immediately displayed on the PC of the broker.
This order matches with the existing passive order(S) otherwise it waits for the active
orders to enter the system. On order matching, a message is broadcast to the
respective member.
OBJECTIVES OF ON-LINE TRADING:

1. Reduce and eliminate operational inefficiencies inherent in manual system.
2. Increased trading capacity in stock exchanges.
3. Improve market transparency, eliminate unmatched trades and delayed reporting.
4. Provides for online and offline monitoring, control and surveillance of the
markets.
5. Promote fairness and speedy matching.
6. Ensure smooth market operations using technology while retaining the flexibility
of conventional trading practices.
7. Setup various limits rules and controls centrally.
8. Provide brokers with their data on electronic media interface with the brokers
back office system.
9. Provide public information on scrip prices, indices for all users of the system.
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10.Provide analytical data for use of stock exchange in analysis and reporting
11.To face stiff competition from other stock exchange.
12.Consolidate traders data and interface with clearing and settlement.
ADVANTAGES OF INTERNET TRADING

1 It will help in reducing transaction costs particularly for overseas and remote located
investors.
2 It will provide real time quotes and on-line trading facility at a much cheaper cost.
3 Facility of transaction business from the terminal of the investors and will help him
making rational judgment or decisions.
4 It will bring down the brokerages fees and increases the trading volumes.
5 Quick
response
in
transaction
i.e.
giving
the
order
verification
and
acknowledgement.
6 It allows transparent companies of services and easy price discovery.
7 It is easy enough to set up either as individual account for margins trading or settle
transactions by credit card.
8 It is easy for brokers to monitor and maintain online accounts and the possibility of
miss-trading is less.
9 Surveillance is easy as there is very less scope for speculation
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10 The investor is provided with best offer

11 Trading procedure is easy and fully automated.
TRADING SESSIONS:
The trading timings on the floor of the exchange are from 09.00 a.m.to 3.30 p.m.
on all weekdays from Monday to Friday. This is the central trading session where
quotes & orders would continuously come to CTs from the BWSs. Based on the
parameters of the market operations department, orders would be executed. To
recollect, under the outcry mode of trading the timings were from 11.30 a.m. to
2.30 p.m.
BROKER WORK STATION (BWS):
Broker workstations are the interface points between the broker & his
customer/client. In other words, the brokers interact with these clients through the
BWS the Best Bid Offer, the least traded prices. Highest & lowest traded prices in
a particular period, traded volumes will be available continuously on screen. Other
information will also be available by giving a query to BWS. This may include the
test of top gainer/looser for a day, trader- wise or scrip-wise net position, clientwise net position of top n scripts by volume/value, market capitalization etc.,
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UNIQUE FEATURES OF BWS:

The BWS has a unique feature which facilitate opening of multiple windows
&different panes on the BWS screen. BWS has multiple screens for order entry,
Quote entry, display of pending orders etc. When many windows are opened on the
screen at the same time they overlap & cause operational inconvenience the
screen space is to be displayed. BWS provides for multi pages i.e. one flip
between different pages(like switching television channel) & watch different set of
screen windows.
Thus the screen space is utilized at its optimum & at the same time maximum
possible information is displayed.
ORDERS:
Orders can be entered into the system either one at a time or in a batch
mode. The submitted order will be accepted at the CTs after validation. If found
invalid, for any reason the order is returned back to the BWS with appropriate error
message. If & when accepted at the CTs, it will be added to the pending order
book. The order will then be taken up for matching. If it is buy order, the system
tries to find a sell order, which fits the requirements of the buy order . when such
match is found, a trade gets executed.
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Each trade involves two brokers or respective traders who sent the order.
Both these traders are informed of the trade getting executed at their respective
BWS. At th BWS the trade is added to the local trade book & the pending quality
divided by the trade quantity in the local pending order book.
Requirements for net trading:
For investors:
1. Installation of a computer with required specification
2. Installation of a modem
3. Telephone connection
4. Registration for on-line trading with broker
5. A bank account
6. Depository account
7. Compliance with SEBI guidelines for net trading
The following should be produced to get a demat account and online trading
account:
As identity proof & address proof any one of the following:
1. Voter ID card
2. Driving license
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3. PAN card( in case of to trade more than 50000)

4. Ration card
5. Bank pass book
6. Telephone bill
Other requirements, which are necessary

1. First page of the bank pass book and last 6 months statement.
2. Bank managers signature along with banks seal, manager registration code on
photograph.
For stock brokers:
1. Permission from stock exchange for net trading
2. Net worth of Rs. 50 lac
3. Adequate back-up system
4. Secured and reliable software system
5. Adequate, experienced and trained staff
6. Communication of order (trade confirmation to investor by e-mail)
7. Use of authentication technologies
8. Issue of contract notes within 24 hours of the trade execution
9. Setting up a website.
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The net is used as a medium of trading in internet trading. Orders are

communicated to the stock exchange through website. Internet trading started in
India on 1st April 2000 with 79 members seeking permission for online trading.
The SEBI committees on internet based securities trading services has allowed the
net to be used as an Order Routing System (ORS) through registered stock brokers
on behalf of their clients for execution of transaction. Under the Order Routing
System the client enters his requirements (security, quantity, price, and buy/sell) in
broker's site. They are checked electronically against the clients account and routed
electronically to the appropriate exchange for execution by the broker. The client
receives a confirmation on execution of the order. The customer's portfolio and
ledger accounts get updated to reflect the transaction. The user should have the
user id and password to enter into the electronic ring. He should also have demat
account and bank account. The system permits only a registered client to log in
using user id and password. Order can be placed using place order window of the
website.
Procedure for net trading

Step 1:
Those investors, who are interested in doing the trading over internet
system i.e. NEAT-IXS, should approach the brokers and get them self
registered with the Stock Broker.
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Step 2:
After registration, the broker will provide to them a Login name, Password
and personal identification number (PIN).
Step 3:
Actual placement of an order. An order can then be placed by using the
place order window as under:
1. First by entering the symbol and series of stock and other parameters like
quantity and price of the scrip on the place order window.
2. Second, fill in the symbol, series and the default quantity.
Step 4:
It is the process of review. Thus, the investor has to review the order placed
by clicking the review option. He may also re-set to clear the values.
Step 5:
After the review has been satisfactory, the order has to be sent by clicking
on the send option.
Step 6:
The investor will receive an "Order Confirmation" message along with the order
number and the value of the order.
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Step 7:
In case the order is rejected by the Broker or the Stock Exchange for certain
reasons such as invalid price limit, an appropriate message will appear at the
bottom of the screen. At present, a time lag of about 10 seconds is there in
executing the trade.
Step 8:
It is regarding charging payment, for which there are different mode. Some brokers
will take some advance payment from the investor and will fix their trading limits.
When the trade is executed, the broker will ask the investor for transfer of funds to
his account. Internet trading provides total transparency between a broker and an
investor in the secondary market. In the open outcry system, only the broker knew
the actually transacted price. Screen based trading provides more transparency.
With online trading investors can see themselves the price at which the deal takes
place. The time gap has narrowed in every stage of operation. Confirmation and
execution of trade reaches the investor within the least possible time, mostly within
30 seconds. Instant feedback is available about the execution.
Some of the websites also offer;
1. News and research report
2. BSE and NSE movements
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3. Stock analysis
4. IPO and mutual fund centers
Step by step procedure in online trading:

Following steps explain the step by step approach to on-line trading:
1. Log on to the stock broker's website
2. Register as client/investor
3. Fill the application form and client broker agreement form on the .requisite
value stamp paper
4. Obtain user ID and pass word
5. Log on to the broker's site using secure user ID and password
6. Market watch page will show real time on-line market data
7. Trade shares directly by entering the symbol or number of the security
8. Brokers server will check your limit in the on-line account and demat
.account for the number of shares and execute the trade
9. Order is executed instantly (10-30 seconds) and confirmation can be
obtained.
10.Confirmation is e-mailed to investor by broker
11.Contract note is printed and mailed in 24 hours
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12.Settlement will take place automatically on the settlement day

13. Demat account and the bank account will get debited and credited by
electronic means.
ONLINE TRADING HAS LED TO ADDITIONAL FEATURES SUCH AS:
Market Orders:
A market order is an order to buy or sell which is to be filled immediately at
the current exchange rate quotation. If unable to fill the order at the specified rate,
you will receive a new price representing the current market rate. The dealing desk
responds to market orders in under 10 seconds during normal market conditions.
During heavier market conditions, market orders are processed in less than thirty
seconds. Clients do not wait more than thirty seconds in order to have their trade
confirmed or to receive a new price on which to deal.
Entry Orders:
An entry order is an order that is executed when a particular price level is
reached and/or broken. The execution of these orders is under the supervision of
the dealing desk and remains in effect until the client cancels the order. Entry
orders fall into two broad categories and are executed according to the category.
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Stop Entry Orders:

Stop entry orders are executed when the exchange rate breaks through a
specific level. The client placing a stop entry order believes that when the market's
momentum breaks through a specified level, the rate will continue in that direction.
Limit Entry Orders:
Limit entry orders are executed when the exchange rate touches (not breaks)
a specific level. The client placing a limit entry order believes that after touching a
specific level, the rate will bounce in the opposite direction of its previous
momentum.
Stop-Loss Order:
A stop-loss is an entry order linked to a specific position for the purpose of
stopping the position from accruing additional losses. A stop-loss order placed on a
Buy position is a stop entry order to Sell linked to that position. A stop-loss order
remains in effect until the position is liquidated or the client cancels the stop-loss
order. The execution of a stop-loss order may involve a limited degree of slippage,
usually two pips or less depending on market conditions.
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Limit Order:
A limit order is a limit entry order linked to a specific position for the
purpose of locking in the gains on an existing position. A stop-loss order placed on
a Buy position is a stop entry order to Sell that position. A stop-loss order remains
in effect until the position is liquidated or the client cancels the stop-loss order.
1. Limit / stop orders: orders that can be go unfilled, but there is an extra Charge
for this leeway facility since one need to hold a price.
2. Market orders: orders can be filled at unexpected prices, but this type is much
more risky, since you have to buy stock at the given price.
3. Cash account: where funds have to be available prior to placing the order.
4.
Margin account: where orders can be placed against stocks, to increase

Purchasing power.
INVESTORS REASONS TO TRADE ONLINE:

1. They have control over their accounts, can make their own decisions and dont
have to give reasons for their actions. They are independent.
2. They have a reason to participate in the market and learn about it.
3. It is interesting, cheap, easy, fast, and convenient.
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4. A lot of information is online so they can keep up-to-date with what is

happening in the trading world.
5. It will give investors a greater choice and better realization.
6. The immediate impact will be competition and benefits will accrue to the
investors.
7. It will lead to brokerage commissions going down and brokers striving to
increase business afloat.
8. Investors will now go to place, which have better trading conditions and also
members to offer them better facilities.
9. They have access to numerous tools to invest, and can create their owportfolio.
Objectives of the study

1. To analyze the performance of ICICI, AXIS BANK, SBI & ANDHRA BANK.
2. To study the movement of share prices of the four banks.
3. To compare the share price movement of ICICI with SBI.
4. The trend of shares of Government and private banks is analyzed.
:25:
Need for the study

1. To study the variation in share prices of ICICI , AXIS BANK,SBI,ANDHRA
BANK .
2. To find the reasons for their variations.
4. To find the factors that are effecting movement of the share prices of the above
banks.
5. To compare the Share price movement of one bank with the other.
Scope and Limitations of the study

1. The share prices of ICICI, SBI, AXIS BANK & ANDHRA BANK are studied
for a period of 2yrs .

2. Comparison of share prices of ICICI with SBI is done so as to analyze the trend
of share prices in Government and private banks.

3. The study is confined to a period of two years.
The major limitation of the project is Time Factor
:26:
Research Methodology
1. The data collection methods include both primary and secondary collection
methods.
2. Primary method:
3. This method includes the data collected from the personal interaction with
authorized members of Share khan Securities limited.
4. Secondary method:
5. The brochures and material provided by Share khan Securities limited.
6. The data collected from the magazines of the NSE, economic times, etc.
7. Various books relating to the investments, capital market and other related
topics.
8. Analytical tools: Variance, Mean, Correlation, etc.
:27:
Chapter 2:
LITERATURE REVIEW
:28:
Risk Isolation Using Market Neutral Strategy

Darren Clifford
THE JOURNAL OF TRADING
Spring 2006
Ultimately, trading is about risk versus reward. We would love to make 100%
returns, but how much are we willing to risk to do so? One advantage that
institutions and large portfolio traders historically held was their ability to trade in
more dynamic ways. With the proliferation of the internet and online trading, smaller
investors are progressively able to execute such strategies to their own benefit so that
they can manage risk versus reward in a similar fashion to institutions. One of the
strategies performed exclusively by institutions is the ability to trade spread or pair
positions. This technique has been around since the ability to short sale stocks and
involves going long one financial instrument and short a correlated instrument to
minimize or isolate risk. This strategy has been done with every financial instrument
before, but we are primarily going to focus on pairing two equities together. This
paper presents how a common investor can isolate risk and produce more consistent
returns using pair trading.
:29:
INVESTORS PREFERENCES AND -PERCEIVED PROBLEMS IN

ELECTRONIC TRADE OF SECURITIES: A SURVEY ANALYSIS
Rajeshwar Sirpal; Arun J. Prakash; Parikshat SirpalTHE JOURNAL OF
WEALTH MANAGEMENT Winter 2002
Despite the fact that the use of e-brokers has grown exponentially, the authors
note that a number of investors still prefer using the services of traditional fullservice and discount brokers. The article focuses on the preferences of and problems
faced by investors in their selection and usage of brokers, using a survey conducted
on a sample of Florida residents. Analyzing the results of the survey, the authors find
no significant relationship between usage of either discount or full-service
brokerages and investments in either stocks, bonds, or mutual funds. However,
significant relationships are found between usage of Internet brokerages and
investments in bonds as well as mutual funds. In addition, no relationship is found
between access to the Internet and investments in various securities. Furthermore, no
relationship is detected between various levels of income of the investors and
investments in stocks. However, as income levels of investors decrease below certain
levels, respondents are found to invest significantly less in bonds and mutual funds
than the hypothesis of independence predicts. The authors conclude that full-service
and discount brokers still occupy market niches, though on-line brokerages are in a
growth stage.
:30:
Are Trading Costs Invisible in Trading Decisions?

Ryan Garvey; Fei Wu
THE JOURNAL OF TRADING
Fall 2008
This article examines whether professional traders recognize transaction
costs when making trade decisions. In both single and multi-period settings,
professional traders are far more reluctant to realize a gross loss than an actual loss
(net of transaction costs). The tendency to ignore transaction costs may lead to
higher levels of overconfidence (or trading activity) because traders are more
susceptible to misinterpreting negative performance outcomes than positive ones.
Traders who experience higher and more frequent gross trading profits trade more
actively, but they also end up losing the most money on a net basis.
:31:
CHAPTER-3
COMPANY PROFILE
:32:
SHARE KHAN, Indias leading stockbrokers the real arm of SSKI, an

Organization with over eight decades of stock market experience. With more than
175 share shops in over 80 cities, and a presence on internet through
www.sharekhan.com, Indias premier online trading destination, we reach out to
customers like no one else.
Share khan offers you trade execution facilities on the BSE and the NSE, for
cash as well as derivates, depositary services and most importantly, investment
advice tempered by 80 years of research and broking experience. To ensure that your
trading experience with share khan is fast, secure and hassle free. We offer a suite
of products and services, providing you with a multi-channel access to the stock
markets.
SSKI group also comprises institutional broking and corporate finance. While
the institutional broking division caters to the largest domestic and foreign
institutional investors. The corporate finance division focuses on niche areas such as
infrastructure, Telecom and media. SSKI holds a sizeable portion of the market in
each of these segments.
As the forerunner of investment research in the India market, we provide the
best research coverage amongst broking houses in India. Our research team is rated
as one of the best in the country. Voted four times as the top domestic brokerage
:33:
house by Asia money survey. SSKI is consistently ranked almagest the top domestic
brokerage houses in India.
Dematerialization in short called as Demat is the process by which an
investor can get physical certificates converted into electronic form, Rs 20 per scrip
per day ( the brokerage per scrip will be charged for the trades resulting in delivery
on actual or Rs. 20 whichever is more).
( For e.g. If a customer buys 100 shares of sail, total delivery value =2200.
Brokerage @ 0.5% = Rs 11, but the min chargeable amt per scrip per day = Rs 20),
so additional Rs 9 will be charged as min delivery handling charges)
COMPANY BACKGROUND:
1. Share khan is the retail broking arm of SSKI, securities pvt ltd. SSKI owns 56%
in share khan, balance ownership is HSBC, fiRst caryle, and Intel pacific.
2. Into broking since 80 years.
3. Focused on providing equity solutions to every segment.
4. Largest ground network of 210 branded share shops in 90 cities.
:34:
CHAPTER-4
DATA PRESENTATION, ANALYSIS

AND
INTERPRETATION
:35:
10-May
SBI WEEKLYREPORT
(MAY-2010)
Date
Open
High
Low
Close
Volume
Adj
Close
3/5/2010
10/5/2010
17/5/2010
24/5/2010
31/5/2010
891.35
967
960
870
880.15
971
1007.75
1003.4
915.1
887.5
891.35
911.6
856
798
807.2
953.85
958.65
869.1
874.45
838.75
1417300
1649400
2371400
1558400
946300
1588560
926
930.66
843.73
848.92
814.26
872.714
Volume
1425100
1166500
761500
1368500
442400
1032800
Adj
Close
620.48
618.39
540.03
548.1
536.63
572.726
Volume
Adj
Close
Return
0.5
-9.34
0.615
-4.168
8
ICICI BANK WEEKLY REPORT

Date
3/5/2010
10/5/2010
17/5/2010
24/5/2010
31/5/2010
Open
566.15
648.95
640
585
567
High
664.85
675
640
612.85
574.9
Low
566.15
629.5
550
492
530
Close
638.2
636.05
555.45
563.75
551.95
Return
0.336
12.67
1.49
-2.09
-9.34
ANDHRABANKWEEKLYREPORT
Date
Open
High
Low
Close
3/5/2010
82.3
87.4
81.2
84.95
1263500
83.17
10/5/2010
17/5/2010
24/5/2010
31/5/2010
84.95
85
74.9
75.65
89.5
85.1
78
76.35
75
70
57.65
69.5
84.65
71.85
74.9
72.65
1399600
664400
1223300
616000
1033360
82.87
70.34
73.33
71.12
76.166
Return
0.353
15.12
1
4.244
-3
-9.49
:35:
Date
7/6/2010
14/6/2010
21/6/2010
28/6/2010
Open
840
775.45
765
754.1
10-Jun
SBIWEEKLYREPORT
(JUNE-2010)
High
866.55
786
778.7
767
Close
771.6
741.25
762.65
727.75
Low
745
715
723.05
705
Volume
1708800
2024000
1746400
1524800
1751000
Adj
Close
749.07
719.61
754.64
720.1
735.855
Return
-3.933
2.88
-4.57
0.824

Date
7/6/2010
Open
553
High
557
Low
479
Close
500.35
Volume
916200
Adj
Close
486.46
14/6/2010
502
505
435
451.2
869000
438.68
21/6/2010
28/6/2010
498
507
521.5
513
481.1
465.7
508.05
487.9
571600
2104500
1115325
493.95
474.36
473.3625
Return
-9.823
12.58
8
3.966
2.26
ANDHRA BANK WEEKLY REPORT

Date
7/6/2010
14/6/2010
21/6/2010
28/6/2010
Open
71.1
65.75
60.9
64
High
72.75
66
65.5
64.5
Low
56.25
56.8
57.85
58.9
Close
65.75
57.95
64.8
62.5
Volume
Adj
Close
804500
643700
767500
618700
708600
64.37
56.73
63.44
61.19
61.4325
Volume
197300
61900
98100
Adj
Close
256.9
238.1
274.2
Return
11.86
11.82
-3.54
-4.48
AXIS BANK WEEKLY REPORT

Date
7/6/2010
14/6/2010
21/6/2010
Open
310
264
251
High
313.9
265
291
Low
246.55
221.5
248
Close
259.05
240.1
276.5
Return
-7.31
15.16
-
28/6/2010
285.1
290
256.1
266.75
840800
299525
264.53
258.4325
3.526
2.717
10-Jul
SBI
WEEKLYREPORT
(JULY-2010)
Date
Open
High
Low
Close
Volume
Adj Close
5/7/2010
735
905
718.5
721.75
1324300
714.17
12/7/2010
719
743.9
709.3
737.4
1147500
729.65
19/7/2010
730
736
684.5
715.8
1050100
708.28
26/7/2010
714.85
799.95
705.5
796.4
2936700
788.03
31/7/2010
800
829.7
794.4
807.8
1867200
799.31
1665160
747.888
2.16
8
2.92
9
11.2
6
1.43
1
6.4

Date
Open
High
Low
Close
Volume
Adj Close
5/7/2010
499
518.35
477
498.95
1750700
493.49
12/7/2010
496
498
464.95
485.9
477100
480.58
19/7/2010
500
500
465.1
484.75
391600
479.45
26/7/2010
486
552
481
542.55
2038500
536.61
31/7/2010
544.9
568
541.05
547
807200
541.02
1093020
506.23
Return
2.61
5
0.23
6
11.9
23
0.82
6.86
5

Date
Open
High
Low
Close
Volume
Adj Close
5/7/2010
62.8
63.7
55
59.7
412800
58.45
12/7/2010
59.8
60.75
58.5
59.55
249800
58.3
19/7/2010
60.4
61
56.05
60.8
389000
59.52
26/7/2010
59.55
71.7
59.55
70.5
1268800
69.02
Return
0.25
12
2.09
9
15.9
53
8.58
1
31/7/2010
70.5
77.35
70.5
76.55
1806000
74.94
825280
64.046
Volume
Adj Close
4.31

Date
Open
High
Low
Close
5/7/2010
272
289.5
267
274
44000
271.72
12/7/2010
277
285.5
268
273.2
163300
270.93
19/7/2010
274
277
249
260.35
143600
258.19
26/7/2010
255
317.85
250
297.5
153200
295.03
31/7/2010
305
327.5
295
317.25
153000
314.61
131420
282.096
Return
0.29
1
-4.7
4.26
9
6.63
8
3.94
10-Aug
SBI WEEKLREPORT
(AUGUST-2010)
Date
Open
High
Low
Close
Volume
Adj
Close
2/8/2010
808
875
796
859.5
1573000
850.47
9/8/2010
851.3
895
851.3
879.1
1088100
869.86
16/8/2010
885
924.4
855
905.1
1277000
895.59
23/8/2010
900
943.7
838.5
931.25
1179500
921.46
1279400
884.345
Return
2.28
2.95
2.88
1.395

Date
Open
High
Low
Close
Volume
Adj
Close
2/8/2010
552
605.6
535
584.5
2943400
578.1
9/8/2010
584.5
600
575
588.35
553500
581.91
16/8/2010
592
648
580
588.95
789100
582.51
23/8/2010
592
611.9
585.1
609.6
1319000
602.93
1401250
586.3625
Return
0.658
0.101
3.506
-0.524

Date
Open
High
Low
Close
Volume
Adj
Close
2/8/2010
77
82.4
74.8
79.85
1209600
78.17
9/8/2010
79.85
87
79.85
81.35
1137900
79.64
16/8/2010
81.8
86.5
80
85.4
840400
83.61
23/8/2010
85.5
88.9
84
88.7
907700
86.84
1023900
82.065
Return
1.878
4.978
3.864
-3.382

Date
Open
High
Low
Close
Volume
Adj
Close
2/8/2010
322
337.8
312
329.75
93000
327.01
9/8/2010
332
339
325
330.15
91200
327.4
16/8/2010
325.1
345.8
324
342.4
72300
339.55
23/8/2010
347
358.75
339
348.45
64400
345.55
80225
334.8775
Return
0.121
3.71
1.766
-2.712
10-Sep
SBI WEEKLY
REPORT
Date
6/9/2010
13/9/2010
20/9/2010
27/9/2010
Open
935.7
945
983
977.5
High
989
982
995.95
1044
Low
927.8
911.7
965.25
966.7
(SEP-2010)
Close
944.25
979.3
975.75
1028.65
Volume
749600
1234900
831400
1593400
1102325
Adj
Close
934.33
969.01
965.5
1017.84
971.67
Return
3.7119
-0.362
5.421
0.437
Volume
576400
1235500
667900
1326500
951575
Adj
Close
599.77
639.53
647.73
691.95
644.745
Return
6.629
1.283
6.825
0.407
Volume
475800
1307300
777600
2366700
1231850
Adj
Close
83.9
87.43
87.52
93.4
88.0625
Return
4.2
0.111
6.711
-2.987
Volume
45700
248000
103900
172400
Adj
Close
336.18
345.06
349.92
376.05

Date
6/9/2010
13/9/2010
20/9/2010
27/9/2010
Open
618
607.3
645.1
576.65
High
625
655
669.75
795.15
Low
601.1
585.1
634.5
576.65
Close
606.4
646.6
654.9
699.6

Date
6/9/2010
13/9/2010
20/9/2010
27/9/2010
Open
88.7
85.7
89.3
88.6
High
89.2
91.8
92
97.45
Low
84
81.3
86.2
86.7
Close
85.7
89.3
89.4
95.4

Date
6/9/2010
13/9/2010
20/9/2010
27/9/2010
Open
350.75
343.9
350
353
High
355.7
356.8
360.5
396
Low
336
327
342.15
345.5
Close
339
347.95
352.85
379.2
Return
2.64
1.408
7.467
4.008
142500
351.8025
10-Oct
SBI WEEKLY
REPORT
Date
3/10/2010
9/10/2010
16/10/2010
23/10/2010
30/10/2010
Open
1029
1029.7
1027
1040
1094
High
1045.8
1040
1054
1096.9
1256.3
(OCT-2010)
Low
1011.1
995.05
1014.5
1016.35
1070
Close
1033.15
1021.45
1040.65
1094.2
1124.05
Volume
876400
686800
743600
1258600
1178800
948840
Adj
Close
1022.29
1010.72
1029.71
1082.7
1112.24
1051.532
Return
-1.132
1.879
5.145
2.728
0.876
Volume
808500
530500
1126200
1421600
1164500
1010260
Adj
Close
694.76
687.3
733.39
750.25
764.29
725.998
Return
1.074
6.706
2.299
1.8719
7.531
Adj
Close
90.61
92.61
91.49
90.17
90.71
91.118
Return
2.215
-1.215
-1.444
0.597
-0.431

Date
3/10/2010
9/10/2010
16/10/2010
23/10/2010
30/10/2010
Open
700
697.1
703.5
740
758
High
709.8
704.2
747
767
794.85
Low
675.6
672.3
694.3
719
749.1
Close
702.45
694.9
741.5
758.55
772.75

Date
3/10/2010
9/10/2010
16/10/2010
23/10/2010
30/10/2010
Date
3/10/2010
9/10/2010
16/10/2010
23/10/2010
30/10/2010
Open
95.4
91.9
95
92.5
92.1
Open
379.2
382
414
419.75
415
High
96
96.35
96.2
93.75
94.35
Low
91.1
90
89.55
89.75
90.3
AXIS BANK WEEKLY

REPORT
High
Low
402
378.05
411.95
382
432
408
426.5
403
448.8
411.05
Close
92.55
94.6
93.45
92.1
92.65
Close
394.4
410
419.45
418
440.65
Volume
738900
1335400
1429300
1317500
1052800
1174780
Volume
103000
139400
98800
49900
62900
90800
Adj Close
391.12
406.59
415.96
414.52
436.99
413.036
Return
3.955
2.304
-0.345
5.418
1.009
:42:
Dec-10
SBI WEEKLY REPORT (DEC-2010)
Date
Open
4/12/2010
1362
11/12/2010
1325
18/12/2010
1260
26/12/2010 1224.75
High
1617.4
1325
1281.7
1350
Low
1330.15
1164
1191
1210
Close
1355.35
1264.45
1215.05
1245.6
Volume Adj Close Return

-6.706
908100 1341.11
-3.906
1499800 1251.16
2.514
1402400 1202.28
-0.120
768500 1232.51
1144700 1256.765

Date
4/12/2010
11/12/2010
18/12/2010
26/12/2010
Open
872
865
879.9
857.85
High
891.5
885
890
914
Low
859
772.1
835.1
850
Close
880.35
870.8
857
891.5

870.72
-1.084
707200
-1.584
1401600 861.27
847.62
4.025
1075200
2.086
1199300 881.75
1095825 865.34

Date
4/12/2010
11/12/2010
18/12/2010
26/12/2010
Open
91.2
88.6
86.45
86.05
High
92
89.9
87.5
90.05
Low
89.5
73.5
82.5
85
Close
90.15
86.25
86.15
86.75

88.26
-4.326
498000
84.44
-0.115
888600
84.34
0.696
388500
84.93
1.325
414000
547275 85.4925

Date
4/12/2010
11/12/2010
18/12/2010
26/12/2010
Open
496
465
460
461.25
High
506
465
490
477.9
Low
462
410
446.25
453.25
Close
465
457.35
461.25
469.05

461.13
-1.645
463100
453.55
0.852
75600
457.41
1.691
118800
465.15
0.522
100800
459.31
189575
:43:
Jan-09
SBI WEEKLY REPORT (JAN-2009)
Date
5/1/2009
12/1/2009
19/1/2009
26/1/2009
31/1/2009
Open
1250
1248.8
1235
1218
1190
High
1280
1248.8
1282.25
1232
1230
Low
1233.1
1132
1204.1
1149.05
1132.8
Close
1244.1
1225.45
1220.3
1176.45
1181.05
Volume Adj Close

610300 1231.03
1405100 1212.57
916000 1207.48
1130300 1164.09
1687900 1168.64
1149920 1196.762
Return
-1.491
-0.420
-3.593
0.591
1.574

Date
5/1/2009
12/1/2009
19/1/2009
26/1/2009
31/1/2009
Open
892
917
977.8
994.4
991.45
High
919
979.8
995
1000
991.45
Low
886
872.2
949.1
955.1
931.2
Close
910.1
972.3
985.4
991.45
944.9

900.14
6.834
972500
1.347
1795200 961.66
0.613
1049900 974.62
980.6
-4.695
1062900
5.423
1296900 934.56
1235480 950.316

Date
5/1/2009
12/1/2009
19/1/2009
26/1/2009
31/1/2009
Open
86.75
87.2
89.9
90.3
86.1
High
89.9
89.95
92.8
90.3
92.9
Low
86.2
82.05
88.1
84.25
83.55
Close
87.9
89.15
89.7
85.2
90.25

86.05
1.422
287900
87.28
0.616
268400
87.82
-5.016
586100
83.41
5.927
417300
88.36
-5.041
958000
86.584
503540

Date
5/1/2009
12/1/2009
19/1/2009
26/1/2009
31/1/2009
Open
469.05
472
503
532
515.05
High
530
501.4
565.3
553.45
615
Low
455.05
457.05
503
505.1
501.05
Close
471.5
499.2
535.1
514.4
587.35

467.58
5.874
53800
495.05
7.191
234200
530.65
-3.868
168100
510.12
14.181
83200
582.47
-2.341
214500
150760 517.174
:44:
Feb-09
SBI WEEKLY REPORT (FEB-2009)
Date
Open
2/2/2009
1176
9/2/2009 1199.65
16/2/2009 1132.1
23/2/2009 1070
High
1218.9
1203.8
1144.8
1149
Low
1170.35
1085.2
1041
971.5
Close
1199.65
1122.6
1058.2
1004.9

-6.422
1078600 1187.04
-5.736
1423500 1110.8
-5.036
1098200 1047.08
-2.214
1288000 994.34
1222075 1084.815

Date
2/2/2009
9/2/2009
16/2/2009
23/2/2009
Open
959.65
990.1
985
913.8
High
1010
990.1
987.8
923.45
Low
938.15
891.25
892.55
801.5
Close
996.15
949.6
907
842.9

-4.672
1340200 985.25
-4.486
1895300 939.21
-7.067
1390300 897.08
1.862
2008400 833.68
1658550 913.805

Date
2/2/2009
9/2/2009
16/2/2009
23/2/2009
Open
90.8
85.7
81.6
78
High
91.9
86.35
81.8
80.65
Low
85.1
75
76
74
Close
85.7
82.65
77.9
77.4

-3.548
412400
83.9
-5.747
485400
80.92
-0.641
651200
76.26
0.258
237600
75.78
446650
79.215

Date
2/2/2009
9/2/2009
16/2/2009
23/2/2009
Open
590.05
573.5
552.9
502.9
High
601
573.55
563.7
505
Low
546
477
484
425
Close
573.55
545.75
491.15
470.5

-4.847
257400
568.78
-10.004
136400
541.21
-4.204
132400
487.07
-3.251
144500
466.59
167675 515.9125
:45:
Mar-09
SBI WEEKLY REPORT (MAR-2009)
Date
2/3/2009
9/3/2009
16/3/2009
23/3/2009
Open
999
990
924.8
1030
High
1024
1001
1042.85
1039.85
Low
944.35
898.1
907.1
956.15
Close
982.65
913.6
1026.2
994.45

-7.02
1639800 972.32
12.324
1354500
904
-3.093
1371600 1015.42
-4.625
1258000
984
1405975 968.935

Date
2/3/2009
9/3/2009
16/3/2009
23/3/2009
Open
855.5
865
828
899
High
882.5
881
990
907.2
Low
793.25
801.1
798.5
803.65
Close
858.6
810
891.6
:46:
853.35

-5.660
1681700 849.21
10.074
1353900 801.14
-4.290
1716500 881.84
-1.722
1580600 844.01
1583175 844.05

Date
2/3/2009
9/3/2009
16/3/2009
23/3/2009
Open
75.45
77.5
76.2
78.2
Date
6/4/2009
Date
13/4/2009
2/3/2009
20/4/2009
9/3/2009
27/4/2009
16/3/2009
30/4/2009
23/3/2009
Open
979.4
Open
952.5
456.65
1006
456.1
1075.5
456.35
1091
533

-2.770
283000
75.97
3.644
90000
73.87
-2.749
258300
76.56
-4.404
217700
74.45
212250 75.2125
SBI WEEKLY REPORT (APRIL-2009)
High
79.75
79.25
84.3
78.95
Low
72.2
75.05
75.05
75
Apr-09
Close
77.6
75.45
78.2
76.05

High
Low
Close
979.4
915
948.45
High
Low
Close
1013.8
952.5
997.95
469
399
455.2
1084
997.05
1073.95
501.8
437.15
448.6
1165.8
1030
1101.65
540
443
531.7
1161.6
1051
1128.3
542
473.2
490.15
Volume
1066800
Volume
967900
188700
1471900
163700
1712900
163800
1054900
102200
1254880
154600
Adj Close Return

5.219
938.48
Adj Close Return
7.615
987.46
-1.449
451.41
2.579
1062.66
18.52
444.87
2.419
1090.07
-7.814
527.28
2.189
1116.44
-7.926
486.07
1039.022
477.4075

Date
6/4/2009
13/4/2009
20/4/2009
Open
820.6
882.5
881
High
843.9
882.5
921
Low
791
825
875.15
Close
838.65
873.45
916.7

0.124
1277200 829.47
4.951
807200
863.89
2.012
887000
906.67
27/4/2009
30/4/2009
915
890
994.7
898
902.35
842.1
935.15
855.85
1566500
2838800
1475340
924.92
846.49
874.288
-8.479
-0.864

Date
6/4/2009
13/4/2009
20/4/2009
27/4/2009
30/4/2009
Open
70
73
76.9
82.95
82.5
High
74
77.9
86.4
85.5
83.1
Low
69.5
72.6
76
80
80.2
Close
72.7
75.85
82.55
82.45
82.3

4.332
392500
71.17
8.833
151700
74.26
-0.121
589200
80.82
0.25
685300
80.72
5.467
352000
80.57
434140
77.508

Date
6/4/2009
13/4/2009
20/4/2009
27/4/2009
30/4/2009
Open
454
451.3
476.5
472.5
455
High
478
506.1
480
477.5
488.8
Low
432.65
451.3
460
454
438.6
Close
451.3
469.05
465.05
455.55
480.4

3.933
135300
447.55
-0.852
227300
465.15
-2.042
255800
461.18
-5.454
264300
451.76
8.427
615500
476.41
299640
460.41
:47:
May-09
SBI WEEKLY REPORT (MAY-2009)
Volume Adj Close
1532200 1140.88
2197400 1313.5
1519600
1285
1358000 1339.43
1651800 1269.703
Return
15.130
-2.169
4.235
0.217
Date
Open
High
Low
Close
Volume Adj Close
4/5/2009
874.45
874.45
822.15
848.45 1517800 839.17
11/5/2009
855.1
954.9
852
951.15 1774100 940.74
Return
12.104
-4.042
Date
Open
4/5/2009
1198
11/5/2009 1180
18/5/2009 1341
25/5/2009 1314.85
High
1198
1340
1364
1361.7
Low
1070
1180
1240
1300
Close
1153
1327.45
1298.65
1353.65
18/5/2009
25/5/2009
955
918.85
964
935.05
881.25
908.1
912.7 1315900 902.71

919.15 883200 909.09
1372750 897.9275
0.706
1.708

Date
4/5/2009
11/5/2009
18/5/2009
25/5/2009
Open
82.3
88.05
88.9
86.5
High
89
93.05
91
92.7
Low
79.25
87.65
85.1
85.5
Close
86.8
88.25
86.65
87.2
Volume Adj Close

1117400
84.98
1034600
86.4
410700
84.83
808200
85.37
842725
85.395
Return
1.670
-1.813
0.634
-4.644
Volume Adj Close

696800
516.12
200900
536.65
195200
564.3
162500
579.55
313850 549.155
Return
3.112
5.152
2.170
-3.485

Date
4/5/2009
11/5/2009
18/5/2009
25/5/2009
Open
486
524
545
571
High
540.7
549.75
591
594
Low
483.05
521.3
540
550
Close
520.45
536.65
564.3
579.55
:48:
Jun-09
SBI WEEKLY REPORT (JUN-2009)
Date
1/6/2009
8/6/2009
15/6/2009
22/6/2009
Open
1400
1356
1340
1460
High
1454
1378.9
1478
1531.7
Low
1321.3
1280.2
1313
1434.05
Close
1356.6
1324.1
1455.2
1525.8

-2.395
2006800 1342.34
9.901
1499100 1324.1
4.851
1752700 1455.2
1.618
1964200 1525.8
1805700 1411.86

Date
1/6/2009
8/6/2009
15/6/2009
Open
930.45
920
926.1
High
950.7
936.35
966.75
Low
888
896
915
Close
903.45
908.7
954.55

0.581
914100
893.56
5.045
984600
908.7
0.094
1523800 954.55
22/6/2009
955
965
930
955.45
1003100
1106400
955.45
928.065
2.729

Date
1/6/2009
8/6/2009
15/6/2009
22/6/2009
Open
87.25
83.95
87
85.35
High
88.35
88.5
87.55
86.6
Low
82.6
81.5
83.75
82.05
Close
83.15
86.4
85.2
85.95

3.908
220100
81.4
-1.388
1247400
84.59
0.880
202100
85.2
-1.047
372300
85.95
510475
84.285

Date
1/6/2009
8/6/2009
15/6/2009
22/6/2009
Open
579.9
565
605
615
High
585.8
603
629
620
Low
522.55
556
594.1
575
Close
559.35
596.65
614.9
605

6.668
75800
559.35
3.058
216600
596.65
-1.610
210000
614.9
3.933
474000
605
244100 593.975
:49:
Jul-09
SBI WEEKLY REPORT (JULY-2009)
Date
Open
6/7/2009
1530
13/7/2009 1556
20/7/2009 1560
27/7/2009 1584
31/7/2009 1524.45
High
1799
1583.95
1624.7
1608
1652.4
Low
1523.35
1515
1545
1470.1
1509.8
Close
1550.5
1559.95
1584.25
1498.75
1635.75

0.609
1770500 1550.5
1.557
895200 1559.95
-5.396
1162800 1584.25
9.140
1206700 1498.75
-1.760
2615400 1635.75
1530120 1565.84

Date
6/7/2009
13/7/2009
Open
981.5
979.9
High
1010
991.25
Low
945
950.5
Close
981.5
972.5

0.916
2435700
981.5
1.372
1616300
972.5
20/7/2009
27/7/2009
31/7/2009
972.5
983
910
1003.5
991.15
940
948
901
881.55
985.85
914.4
915.5
1449100
1718700
2291100
1902180
985.85
914.4
915.5
953.95
-7.247
0.120
-5.614

Date
6/7/2009
13/7/2009
20/7/2009
27/7/2009
31/7/2009
Open
86.4
85.1
90.95
93.45
84
High
87.9
91
99.15
95.5
89.15
Low
85
84.2
89.05
83.05
81.75
Close
85.05
89.45
93.05
84.05
82.75

1.236
272400
85.05
4.024
841100
89.45
0.970
2419700
93.05
-1.546
1219600
84.05
1.087
956200
82.75
1141800
86.87

Date
6/7/2009
13/7/2009
20/7/2009
27/7/2009
31/7/2009
Open
613.4
630
640
650
607
High
635.3
658.7
661
650
680
Low
600.6
615.2
630
593
600
Close
628.8
641.25
649.2
608.75
620.7

1.979
373000
628.8
1.239
78200
641.25
-6.230
60700
649.2
1.963
137800
608.75
-4.937
838900
620.7
297720
629.74
:50:
Aug-09
SBI WEEKLY REPORT (AUG-2009)
Date
3/8/2009
10/8/2009
17/8/2009
24/8/2009
Date
3/8/2009
10/8/2009
17/8/2009
24/8/2009
Open
1610
1620
1575
1519
Open
915.5
880
869.8
859.9
High
1734.8
1636
1590
1618
Low
1575.2
1461.05
1407
1486
Close
1606.95
1515.05
1468
1596

\
High
Low
Close
920
840.1
864.1
888.8
805
822.9
888.8
811.05
832
894.6
841.25
885

-5.718
1775800 1606.95
-3.109
1930800 1515.05
8.719
2202300
1468
1.315
1896100
1596
1951250 1546.5

-4.76
3234700
864.1
1.105
3186400
822.9
6.370
2557400
832
3.615
4274100
885
3313150
851

Date
3/8/2009
10/8/2009
17/8/2009
24/8/2009
Open
82
84.6
80
79.95
High
89.9
86
83
85.7
Low
79.7
75.9
72.55
79.1
Close
83.65
77.15
79
85.3

-7.770
746800
83.65
2.397
790000
77.15
7.97
1125500
79
7.26
654400
85.3
829175
81.275

Date
3/8/2009
10/8/2009
17/8/2009
24/8/2009
Open
610
612.5
580
581
High
639.45
612.5
613
643
Low
576.5
534
563
575.2
Close
590.05
574.65
571.8
634.1
:51:

-2.609
298200
590.05
-0.495
200900
574.65
10.895
76300
571.8
2.775
2244300
634.1
704925
592.65
Sep-09
SBI WEEKLY REPORT (SEP-2009)
Date
7/9/2009
14/9/2009
21/9/2009
28/9/2009
Open
1619
1594
635
1840
High
1653
1707.55
1844
1961.95
Low
1580
1585
1635
1780
Close
1617
1652.7
1828
1957.05
Volume
1292600
1211600
1257400
1617300
1344725
Adj Close Return

2.207
1617
10.606
1652.7
7.059
1828
-5.768
1957.05
1763.688

Date
7/9/2009
14/9/2009
21/9/2009
28/9/2009
Open
890.1
910
908
975
High
930.65
924
980
1069.9
Low
890.1
882
890.9
968.65
Close
917
907
962.95
1060.2

-1.090
2341200
917
6.168
2262000
907
8.727
3119600 962.95
-3.03
3814200 1060.2
2884250 961.7875

Date
7/9/2009
14/9/2009
21/9/2009
28/9/2009
Open
86.5
91
91.8
95
High
92.65
95.95
98
106.7
Low
84.4
88
90.15
94.6
Close
91.5
92.15
95
106

0.710
1401800
91.5
3.092
1209000
92.15
11.57
1153300
95
-9.43
2204500
106
1492150 96.1625

Date
7/9/2009
14/9/2009
21/9/2009
28/9/2009
Open
636
650
641.05
712
High
675
672
714.9
775
Low
625
641.3
641.05
708.05
Close
651.7
649.35
709.85
764.4

-0.360
230400
651.7
9.317
173900
649.35
7.684
181800
709.85
13.119
112300
764.4
174600 693.825
:52:
Oct-09
SBI WEEKLY REPORT (OCT-2009)
Date
5/10/2009
12/10/2009
19/10/2009
26/10/2009
31/10/2009
Open
1952
1885
1874
1630
2135
High
1965
1958.6
1991
2105
2274
Low
1786
1749.7
1600
1610.1
2000
Close
1844.15
1871
1674.1
2100
2250
Return
1.455
-10.52
25.440
7.142
-5.066
Volume
1788100
1494900
1809300
2119200
2378600
1918020
Adj Close
1844.15
1871
1674.1
2100
2250
1947.85
Volume
3595000
2682600
5135000
4202000
3861800
3895280
Adj Close Return

2.786
1028
-4.083
1056.65
17.735
1013.5
11.627
1193.25
-15.386
1332
1124.68

Date
5/10/2009
12/10/2009
19/10/2009
26/10/2009
31/10/2009
Open
1068
1040
1060
1000.1
1210.1
High
1125.4
1098.95
1182.9
1200
1349
Low
1018
975
981.1
1000.1
1195.5
Close
1028
1056.65
1013.5
1193.25
1332

Date
5/10/2009
12/10/2009
19/10/2009
26/10/2009
31/10/2009
Open
106
97
91.8
81
92.9
High
106.5
97.95
91.8
92.9
94.35
Low
93.15
84.4
80
81
80.15
Close
96
89.65
83.05
92.05
90.15
Volume
1187600
1075800
1164900
1410500
1236500
1215060
Adj Close
96
89.65
83.05
92.05
90.15
90.18
Return
-6.614
1.033
10.83
-2.064
-0.388
Volume
87700
126100
217400
100200
65700
119420
Adj Close
737.2
743.15
832.35
919
929.2
832.18
Return
0.807
12.00
10.41
1.109
-1.555

Date
5/10/2009
12/10/2009
19/10/2009
26/10/2009
31/10/2009
Open
770
730.1
755
820
927
High
772
781
899
928.3
959.9
Low
728
692
750
800
860
Close
737.2
743.15
832.35
919
929.2
:53:
Nov-09
SBI WEEKLY REPORT (NOV-2009)
Date
2/11/2009
9/11/2009
16/11/2009
23/11/2009
Open
2250
2100
2335
2280
High
2329.4
2450
2369.7
2345
Low
2125
2080.35
2124.2
2222.1
Close
2136
2323
2261
2305

8.754
1711900
2136
-2.668
1519600
2323
1.946
1403800
2261
5.683
1243100
2305
1469600 2256.25

Date
2/11/2009
9/11/2009
16/11/2009
23/11/2009
Open
1329.85
1100.05
1225
1164.9
High
1330
1303
1240
1193.5
Low
1126
1084
1080
1105
Close
1127.05
1220.1
1138.25
1175

8.256
2635900 1127.05
-6.708
2629500
1220.1
3.228
2792200 1138.25
6.042
2582100
1175
2659925 1165.1

Date
2/11/2009
9/11/2009
16/11/2009
23/11/2009
Open
92
89.95
119.5
103.2
High
94.4
103.85
119.5
103.4
Low
87.05
84.2
92
95.55
Close
89.8
102.4
100
100

14.031
591200
89.8
-2.343
1740800
102.4
0
1378100
100
4.5
651200
100
1090325
98.05

Date
2/11/2009
9/11/2009
16/11/2009
23/11/2009
Open
932.15
900
996.5
950
High
1019.7
1000
1025
970
Low
886.15
882
900.15
902
Close
914.75
974.6
929.95
931.25

6.542
123600
914.75
-4.581
70900
974.6
0.139
59500
929.95
0.434
667700
931.25
230425 937.6375
:54:
Dec-09
SBI WEEKLY REPORT (DEC-2009)
Date
1/12/2009
14/12/2009
21/12/2009
28/12/2009
31/12/2009
Open
2330
2436
2410
2324.7
2409.8
High
2457.7
2476
2410
2438.7
2574
Low
2302
2376.35
2227
2290.35
2342
Close
2436
2410.55
2270
2376.8
2380

-1.044
997200
2436
-5.83
611300
2410.55
4.704
765000
2270
0.134
677400
2376.8
-7.773
568900
2380
723960
2374.67

Date
1/12/2009
14/12/2009
21/12/2009
28/12/2009
31/12/2009
Open
1180
1250.1
1238.8
1160
1238
High
1250
1326.6
1238.8
1260
1300
Low
1131
1203
1130.25
1158
1200
Close
1246
1209.35
1163
1230
1280

-2.941
3323600
1246
-3.832
2472700 1209.35
5.760
2238300
1163
4.065
1689300
1230
12.542
1992000
1280
2343180 1225.67

Date
1/12/2009
14/12/2009
21/12/2009
28/12/2009
31/12/2009
Open
100.5
109.9
111
103.7
107.05
High
111
116.4
112
107.75
128.45
Low
100.05
103
100.6
102.15
104.9
Close
104.5
111
101.4
105.75
124.6

6.698
862600
104.5
8.648
1673800
111
4.289
662100
101.4
17.825
644800
105.75
-8.868
2920800
124.6
1352820
109.45

Date
1/12/2009
14/12/2009
21/12/2009
28/12/2009
31/12/2009
Open
940
940
999
1000
9976.45
High
950.3
1000
1009
1000
1074.75
Low
920
925.5
925.9
925
963.6
Close
935.2
993.9
932.1
976.95
1056.45

6.276
25200
935.2
-6.217
116000
993.9
4.811
51200
932.1
8.137
74800
976.95
73100
1056.45 10.506
68060
978.92
:55:
Jan-08
SBI WEEKLY REPORT (JAN-2008)
Date
7/1/2008
14/1/2008
21/1/2008
28/1/2008
Open
2398.7
2478.7
2357
2299
High
2507
2536.35
2458.8
2359
Low
2361
2325.25
1830
2117
Close
2453.1
2370
2405
2195

-3.387
921900
2453.1
1.476
1178100
2370
-8.731
1466300
2405
-0.177
985800
2195
1138025 2355.775

Date
7/1/2008
14/1/2008
21/1/2008
28/1/2008
Open
1280
1450
1250
1240
High
1450
1455.5
1277
1313.85
Low
1234
1221.25
1001.65
1131.1
Close
1440.55
1240
1260
1201.3

-13.92
5791300 1440.55
1.612
5947600
1240
-4.658
6499500
1260
-11.096
3407200
1201.3
5411400 1285.463

Date
7/1/2008
14/1/2008
21/1/2008
28/1/2008
Open
121
113.95
102
91
High
125.6
118.5
105
100
Low
109.25
105.5
71
87
Close
113.55
107.45
95.4
92

-5.372
1251800
113.55
-11.214
984500
107.45
-3.563
1370200
95.4
-3.260
1250700
92
1214300
102.1

Date
7/1/2008
14/1/2008
21/1/2008
28/1/2008
Open
1053
1165
1100
1109.7
High
1175
1291
1152
1199.7
Low
1034
1090
900
1040
Close
1167.45
1112.75
1098.3
1087.8

-4.685
177100
1167.45
-1.298
171100
1112.75
-0.956
148900
1098.3
-9.831
116500
1087.8
613600 1116.575
:56:
Feb-08
SBI WEEKLY REPORT (FEB-2008)
Date
4/2/2008
11/2/2008
18/2/2008
25/2/2008
Open
2214
2266.9
2315
2133.7
High
2307.4
2304
2339.7
2155
Low
2116.2
2001.7
2100
1945
Close
2191.1
2294
2100
2088.8

4.696
887000
2191.1
-8.456
709700
2294
-0.533
684500
2100
-12.342
1110100
2088.8
847825 2168.475

Date
4/2/2008
11/2/2008
18/2/2008
25/2/2008
Open
1221
1069.7
1220
1110
High
1244.9
1199.35
1242.8
1190.65
Low
1026
999
1090
1045.45
Close
1068
1195
1093
1077.65

11.891
2457100
1068
-8.535
3751600
1195
-1.404
2458500
1093
2582500 1077.65 -17.408
2812425 1108.413

Date
4/2/2008
11/2/2008
18/2/2008
25/2/2008
Open
93
89.4
92
90.7
High
96.5
92.4
95
92.7
Low
87.4
82.65
88.5
85.8
Close
89
90.2
88.9
90.8

1.348
1000700
89
-1.441
845800
90.2
2.137
875600
88.9
-11.508
930800
90.8
913225
89.725

Date
4/2/2008
11/2/2008
18/2/2008
25/2/2008
Open
1100
982
1046
999
High
1140
1046.8
1075
1040
Low
974
900
960
937
Close
980.85
1026.9
970.5
1018.75

4.603
75300
980.85
-5.492
194900
1026.9
4.971
95400
970.5
210800
1018.75 -17.536
144100
999.25
Mar-08:57:
SBI WEEKLY REPORT (MAR-2008)
Date
3/3/2008
10/3/2008
18/3/2008
25/3/2008
31/3/2008
Open
2001
1810
1640
1665
1674
High
2052.4
1960
1679.4
1794
1711
Low
1755.5
1680
1581
1612.65
1582
Close
1831
1709.9
1603
1680.2
1603
Return
-6.613
-6.251
4.815
-4.594
3.877
Volume
1434900
1314500
1425700
1271500
875200
1264360
Adj Close
1831
1709.9
1603
1680.2
1603
1685.42
Volume
7742800
5066100
8038700
5145600
4110500
6020740
Adj Close Return

890.05
-1.803
-10.869
874
7.188
779
-8.402
835
3.085
764.8
828.57

Date
3/3/2008
10/3/2008
18/3/2008
25/3/2008
31/3/2008
Open
1060
877
768.7
839.85
848.85
High
1060
924
899
893
848.85
Low
855.25
817
720.05
752.55
732
Close
890.05
874
779
835
764.8

Date
3/3/2008
10/3/2008
18/3/2008
25/3/2008
31/3/2008
Open
87.3
79
76.9
69.9
76
High
88.8
87.4
78
79.5
78.5
Low
79.9
76.55
68.55
69.3
72.65
Close
80.35
81.6
68.8
77.3
74
Volume
573900
538800
934800
591100
312300
590180
Adj Close Return

1.555
80.35
-15.686
81.6
12.35
68.8
-4.269
77.3
5.991
74
76.41
Volume
114400
540900
1050400
2691000
Adj Close Return

2.440
840.1
-13.171
860.6
7.714
747.25
-11.200
804.9

Date
3/3/2008
10/3/2008
18/3/2008
25/3/2008
Open
1000
810
830
751
High
1000
883
833
838
Low
809.3
762.1
740
707.05
Close
840.1
860.6
747.25
804.9
31/3/2008
799
804
710.05
714.75
355100
950360
714.75
793.52
6.569
:58:
Apr-08
SBI WEEKLY REPORT (APR-2008)
Date
7/4/2008
15/4/2008
21/4/2008
28/4/2008
Open
1619
1664
1674.9
1760
High
1722
1721
1753.8
1840
Low
1561.35
1630.1
1660
1720.1
Close
1665.15
1676.8
1749
1825

0.699
964700
1665.15
4.305
846900
1676.8
4.345
837000
1749
-8.328
1084600
1825
933300 1728.988

Date
7/4/2008
15/4/2008
21/4/2008
28/4/2008
Open
799.95
761.1
841
931.8
High
842
851
929.8
960
Low
726.55
752.2
825.25
872
Close
788.4
835.6
913
932.6

5.986
4047700
788.4
9.262
4685600
835.6
2.146
4102400
913
-6.497
5432400
932.6
4567025
867.4

Date
7/4/2008
15/4/2008
21/4/2008
28/4/2008
Open
75.7
77.4
81
81
High
79.8
81.9
84
84.5
Low
73.15
76.2
77.55
79.5
Close
77
81.5
80.9
83

5.844
293400
77
-0.736
308800
81.5
2.595
373500
80.9
-2.409
394100
83
342450
80.6

Date
7/4/2008
15/4/2008
21/4/2008
28/4/2008
Open
719
762
823
910
High
821
854
923.6
950
Low
692.5
742.5
799
898.3
Close
761.7
824.75
906.6
933.2

8.277
292000
761.7
9.924
387800
824.75
2.934
544500
906.6
-10.383
337200
933.2
390375 856.5625
:59:
May-08
SBI WEEKLY REPORT (MAY-2008)
Date
5/5/2008
12/5/2008
20/5/2008
26/5/2008
Open
1838.4
1665
1700
1563
High
1838.4
1714
1702
1574.7
Low
1666.35
1616
1564.3
1435.35
Close
1673
1708
1575.5
1445
Volume Adj Close

1014200
1673
729000
1708
904300
1575.5
1106800
1445
938575 1600.375
Return
2.092
-7.751
-8.283
-39.65
Volume Adj Close

4161000
872
3442500
944
4032400
863
5752700 786.55
4347150 866.3875
Return
8.256
-8.580
-8.858
-0.897

Date
5/5/2008
12/5/2008
20/5/2008
26/5/2008
Open
950
865
957
835.25
High
960.9
945
971
863
Low
863.3
862
857.35
778.2
Close
872
944
863
786.55

Date
5/5/2008
12/5/2008
20/5/2008
26/5/2008
Open
83.75
80.9
80.05
78
High
87.9
82.65
81.95
80.15
Low
80.1
79
79.5
73.9
Close
81
80.35
79.7
75.55

0.802
354900
81
0.808
343900
80.35
-5.207
176700
79.7
-0.807
565300
75.55
360200
79.15

Date
5/5/2008
12/5/2008
20/5/2008
26/5/2008
Open
930
815
902.15
781
High
969.9
917.4
908
850
Low
831.05
812
797.6
731.1
Close
836.3
901.65
799.85
794.05

7.814
359700
836.3
394600
901.65 -11.284
-0.725
282000
799.85
405400
794.05
360425 832.9625
:60:
VOLUME TRADED
SBI
May2010
1588560
Jun-2010 1751000
Jul-2010 1665160
Aug2010
1279400
Sep-2010 1102325
Oct-2010 948840
Nov-2010 1353975
Dec-2010 1144700
Jan-09 1149920
Feb-09 1222075
Mar-09 1405975
Apr-09 1254880
May-9
1651800
Jun-09 1805700
Jul-09
1530120
Aug-09 1951250
Sep-09 1344725
Oct-09 1918020
Nov-09 1469600
Dec-09 723960
Jan-08 1138025
Feb-08 847825
Mar-08 1264360
Apr-08 933300
May-08 938575
ICICI
ANDHRA AXIS
1032800 1033360
1115325 708600
1093020 825280
98520
299525
131420
1401250
951575
1010260
1910700
1095825
1235480
1658550
1583175
1475340
1372750
1106400
1902180
3313150
2884250
3895280
2659925
2343180
5411400
2812425
6020740
4567025
4347150
80225
142500
90800
448275
189575
150760
167675
154600
299640
313850
244100
297720
704925
174600
119420
230425
68060
613600
144100
950360
390375
360425
1023900
1231850
1174780
1054550
547275
503540
446650
212250
434140
842725
510475
1141800
829175
1492150
1215060
1090325
1352820
1214300
913225
590180
342450
360200
:61:
ADJUSTED CLOSING PRICE
ANDHRA
SBI
ICICI
AXIS
May-10
872.714 572.72
76.16 327.17
Jun-10
735.85 473.36
61.43 258.43
Jul-10 747.88
506.23
64.04 282.09
Aug-10
884.34 586.36
82.06 334.87
Sep-10
971.67 644.74
88.06
351.8
Oct-10
1051.53 725.99
91.11 413.03
Nov-10
1232.06 855.16
90.05 474.52
Dec-10
1256.76 865.34
85.49 459.31
Jan-09
1196.76
950
86.58
517
Feb-09
1084.81
913
79.215
515.9
Mar-09
968 844.05
75.21
477.4
Apr-09
1039 874.28
77.5
460
May-09
1269 897.92
85.39
549
Jun-09
1411.8 928.06
84.28 593.97
Jul-09
1565.8 953.95
86.87 629.74
Aug-09
1546.5
851
81.27 592.65
Sep-09
1763.68
961.7
96.16
693
Oct-09
1947.8 1124.6
90.8
832.1
Nov-09
2256.2 1165.1
98.05
937
Dec-09
2374.6 1225.6
109.45
978.9
Jan-08
2355.7 1285.4
102.1 1116.5
Feb-08
2168.4 1108.4
89.72
999.2
Mar-08
1685.4
828.5
76.4
793
Apr-08
1728.9
867.4
80.6
856.5
May-08
1600.3
866.3
79.15 832.96
:62:
:63:
:64:
CHAPTER-5
FINDINGS, SUGGESTIONS
AND
CONCLUSION
:65:
FINDING:
AVERAGE VOLUME TRADED FOR THE FINANCIAL YEAR MAY-10 TO APRIL-09
SBI registered high in JUNE-10 & low in OCT-10.
It is observed that the average volume traded for ICICI is very high in NOVEMBER2010 and low in SEPTEMBER-2010.
ANDHRA BANK average volume traded high in SEPTEMBER-10 & low in MARCH09.
AXISBANK has registered high in NOVEMBER-10 and low in MAY-10.
AVERAGE CLOSING PRICE FOR THE FINANCIAL YEAR MAY-10 TO APRIL-09
Average Closing Price for SBI is high in the month of DECEMBER-10 and low in
JUNE-10.
Average Closing Price for ICICI is high in the month of JANUARY-09 & low in JUNE10.
Average Closing Price for Andhra Bank is high in the month of OCTOBER-10 & low in
JUNE-10.
Average Closing Price for Axis Bank is high in the month of JANUARY-09 & low in
JUNE-10.
AVERAGE VOLUME TRADED FOR THE FINANCIAL YEAR MAY-09TO MAY-08
SBI registered high in the month of OCTOBER-09& low in DECEMBER-09.

ICICI registered highest volume traded in MARCH-2008 and lowest in JUNE-09.
ANDHRA BANK registered highest in SEPTEMBER-09& lowest in JUNE-09.
AXISBANK registered highest in MARCH-08 and lowest in DECEMBER-09.
AVERAGE CLOSING PRICE FOR THE FINANCIAL YEAR MAY-09 TO MAY-08

Average Closing Price for SBI is high in the month of DECEMBER-09 and low in
MAY-09.
Average Closing Price for ICICI is high in the month of JANUARY-08 & low in
MARCH-08.
:66:
Average Closing Price for Andhra Bank is high in the month of DECEMBER-09 & low
in MAY-09.
Average Closing Price for Axis Bank is high in the month of JANUARY-08 & low in
MAY-09.
SUGGESTIONS:
1. It is suggested to the investors that it is better to invest between September to March ,
since the average Volume Traded and Closing Price are very high.
2. Investors should be careful while investing between April to August.
3. SBI & ICICI are the best for investing because there is high growth rate.
4. In ANDHRA BANK & AXIS BANK there is no growth rate.

5. For Long term gains SBI & ICICI are the best for investment.
6. For Short term gains Axis Bank & Andhra Bank can be considered as there are less
profits.
CONCLUSION:
It is concluded that for both the years the Average Volume Trading is low from May to
September and from September to March trading was high.
Average Closing Price in the two years was low from May to August and increased from
September to March.
Objectives
To
analyze the performance of ICICI, AXIS BANK ,SBI & ANDHRA

BANK.
To study the movement of share prices of the four banks.
To compare the share price movement of ICICI with SBI.
:67:
Need of the study:

To
study the variation in share prices of ICICI , AXIS BANK,SBI,ANDHRA

BANK & to find the reasons for their variations.
To find the factors that are effecting movement of the share prices of the
above banks and comparing the movement of one bank with the other.
Scope of the project:
The
share prices of ICICI, SBI, AXIS BANK & ANDHRA BANK are
studied for a period of 2yrs and a comparison of share prices of ICICI with
SBI is done so as to analyze the trend of share prices in Government and
private banks.
Methodology of the study:
The data collection methods include both primary and secondary collection methods.
Primary method:
This method includes the data collected from the personal interaction with authorized
members of Share khan Securities limited.
Secondary method:
The brochures and material provided by Share khan Securities limited.
The data collected from the magazines of the NSE, economic times, etc.
Various books relating to the investments, capital market and other related topics.
Analytical tools: Variance, Mean, Correlation, etc.
LIMITATIONS:
The major limitation of the project is Time Factor
Secondary Data.
:68:
PROJECT TITLE
___________________________________________________________________________________________
A COMPARATIVE STUDY ON ONLINE TRADING OF SHARE PRICES OF

BANKING SECTOR INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA ,
AXIS BANK, STATE BANK OF INDIA & ANDHRA BANK
_____________________________________________________________________________
_
INTRODUCTION
ONLINE TRADING :Buying & Selling Securities (shares) through Internet .
With a Share khan trading account you can buy and sell shares in an instant & anytime you.
Shares,derivatives,mutual funds, commodities, etc can be traded using internet.
You can choose the online trading account that suits your trading benefits
Types of accounts:
Classic account.
Speed trade.
Trade Tiger.
:69:
BIBLIOGRAPHY
:70:
BIBLIOGRAPHY
Books
Security Analysis and Portfolio management- Punithavathy Pandian - Vikas
publishing house PVT LTD

Security Analysis and Portfolio management - Inderpal Singh, Vijay
Kaushal, Jaswinder Kaur, Raminder Bhatia Kalyani publishers

Investment Analysis and Management Jack Clark Francis McGRAW-
HILL International Editions

Websites
www.Sharekhan.com
www.icici.com
www.nseindia.com
www.sbi.com
www.axisbank.com
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A COMPARATIVE STUDY ON ONLINE TRADING OF SHARE PRICES OF

Project submitted in partial fulfillment for the award of the Degree of

I hereby declare that this Project Report titled A Comparative study on

Name and Address of the Student

Signature of the Student

The major limitation of the project is Time Factor..............35

SSKI group also comprises institutional broking and corporate

CREDIT AND INVESTMENT CORPORATION OF INDIA ,

ONLINE TRADING OF SHARES

SECURITIES AND EXCHANGE BOARD OF INDIA(SEBI)

public representatives. Rules, by laws and regulations of the Stock Exchange

The Governing body of the Stock Exchange consists of 13 members of which

NATIONAL STOCK EXCHANGE (NSE)

PRESENT TRADING MECHANISM

TRADING PROCEDURE BEFORE ON-LINE

INTODUCTION TO ONLINE TRADING

A message relating to the order activity is broadcast to the respective member.

OBJECTIVES OF ON-LINE TRADING:

ADVANTAGES OF INTERNET TRADING

10 The investor is provided with best offer

UNIQUE FEATURES OF BWS:

3. PAN card( in case of to trade more than 50000)

Other requirements, which are necessary

The net is used as a medium of trading in internet trading. Orders are

Procedure for net trading

Step by step procedure in online trading:

12.Settlement will take place automatically on the settlement day

Stop Entry Orders:

Margin account: where orders can be placed against stocks, to increase

INVESTORS REASONS TO TRADE ONLINE:

4. A lot of information is online so they can keep up-to-date with what is

Objectives of the study

Need for the study

Scope and Limitations of the study

for a period of 2yrs .

of share prices in Government and private banks.

Risk Isolation Using Market Neutral Strategy

INVESTORS PREFERENCES AND -PERCEIVED PROBLEMS IN

Are Trading Costs Invisible in Trading Decisions?

SHARE KHAN, Indias leading stockbrokers the real arm of SSKI, an

DATA PRESENTATION, ANALYSIS

ICICI BANK WEEKLY REPORT

ICICI BANK WEEKLY REPORT

ANDHRA BANK WEEKLY REPORT

AXIS BANK WEEKLY REPORT

ICICI BANK WEEKLY REPORT

ANDHRA BANK WEEKLY REPORT

AXIS BANK WEEKLY REPORT

ICICI BANK WEEKLY REPORT

ANDHRA BANK WEEKLY REPORT

AXIS BANK WEEKLY REPORT

ICICI BANK WEEKLY REPORT

ANDHRA BANK WEEKLY REPORT

AXIS BANK WEEKLY REPORT

ICICI BANK WEEKLY REPORT

ANDHRA BANK WEEKLY REPORT

AXIS BANK WEEKLY

Volume Adj Close Return

ICICI BANK WEEKLY REPORT

Volume Adj Close Return

ANDHRA BANK WEEKLY REPORT

Volume Adj Close Return