project of sravanthi

8/7/2019 project of sravanthi

http://slidepdf.com/reader/full/project-of-sravanthi 1/11

CONTENTS

CHAPTER-I

• INTRODUCTION

• NEED AND IMPORTANCE OF THE STUDY

• OBJECTIVES OF THE STUDY

• SCOPE OF THE STUDY

• METHODOLOGY OF THE STUDY

• LIMITATIONS OF THE STUDY

CHAPTER-II

• INDUSTRY PROFILE

CHAPTER-III

• COMPANY PROFILE

CHAPTER-IV

• CONCEPTUAL FRAMEWORK OF THE STUDY

CHAPTER-V

• ANALYSIS AND INTERPRETATION

CHAPTER-VI

• FINDINGS

• RECOMMENDATIONS

• CONCLUSIONS

BIBILOGRAPHY



CHAPTER-I



INTRODUCTION

A Stock broker is nothing but a registered and qualified workingprofessional who buys stocks and derivatives for other people. Thestock broker thus performs all the transactions for people on the stock

exchange. The stock broker maintains information of the people for whom he is buying or selling stocks. This information includes name,address, PAN no and other relevant information. No transaction cantake market with out a stock broker .

The stock broker can not give inputs or advice to people buying or sellingstocks unless he is registered with the Securities and exchange board of India as aportfolio manager. The stock broker takes a certain brokerage for the transactions hedoes for his clients on the stock exchange. The brokers are expected to issuecontract notes to the clients after a particular transaction has been done. They arealso expected to issue periodic reports to their clients with respect to thetransactions that have been done by them in that periodic interval. If you are looking

to become a portfolio manager then there is a different policy and procedure that youneed to follow for it.

Stock broker is nothing but a person who buys and sells securities from thestock market on behalf of other investors. Only stock brokers can directly buy andsell shares in Stock Market. An investor must contact a stock broker to trade stocks.Broker charge commissions (brokerages) for their service. Brokerage is usually apercent of total amount of trade and varies from broker to broker.

A stock broker may also be a financial advisor or an investment consultant these daysbut in India you need to be registered with the Securities and exchange board of India inorder to act as a financial advisor. As the name suggests a stock broker mainly deals instocks that is the shares of a company. Other professionals such as foreign exchangebrokers deal with currencies where as commodity brokers deal with commodities

A stock broker is one who deals with shares. A share is a unitized ownership stake ina company's equity. Whereas stock is a piece of money – a share of a company – thata few years ago were represented on a document, and nowadays records are storedelectronically.

A stockbroker possesses a number of shares; however an individual can choose howmany of these one wishes to trade, so that perhaps some can be kept for oneself.Keeping an amount is understandable, because stock-broking is a very risky

business. This is because the prices that shares are worth are never constant, theykeep on increasing and decreasing, depending on how much money the companyone is dealing with, is producing.



There are three types of stockbroking service.

• Execution-only, which means that the broker will only carry out the client's

instructions to buy or sell.• Advisory dealing, where the broker advises the client on which shares to buy and

sell, but leaves the final decision to the investor.• Discretionary dealing, where the stockbroker ascertains the client's investment

objectives and then makes all dealing decisions on the client's behalf



NEED FOR THE STUDY:

The present study to review the online trading procedure a case

study of stock

Broking at fullerton securities and wealth advisors limited as the

exchange has changed it’s trading from the outcry mode to online

trading on 20th February 1997, there is need to assess the

performance of the capital market.



Objectives of the study

• It is to analyze the changes in broking after the exchange

shifted from outcry to online broking system.

• It is to study the functions of fullerton securities through various

departments.

• To know about the latest and future development in the stock

exchange broking system.

• To know the online screen based broking adopted by

fullerton securties

and about its communication facilities.The appropriate

configuration to set the network, which would link the fullerton

securities to individual / members.

• To analyze the stock broking market in India.

• To make a competitive analysis of stock broking industries

• To study about the risk management with the help of stock broking.



Scope of the study

The study is limited to stock broking with reference to five companies selected for the

study and the study is restricted to only broking of the selected companies as sample.

The companies taken for the study are ICICI DIRECT.COM, KOTAK SECURITIES

SHAREKHAN, INDIA BULLS,MOTILAL OSWAL .The study cannot be said as totally

perfect, any alteration may come. The study has made a humble attempt at evaluation of

stock broking only in the INDIAN context.



METHODOLOGY OF THE METHOD

The data collection methods include both primary and secondarycollection methods.

Primary method: This method includes the data collected from

the personal interaction with authorized members of fullerton

securities.Secondary method: The secondary data collection method

includes:

The lecturers delivered by the superintendents of respective

departments.

The brochures and material provided by fullerton Securities limited.

The data collected from the magazines of the NSE, economic times,

etc.

Various books relating to the

investments and from the internet.

SELECTION OF THE SCRIPTS

The scripts are selected on a random basis and from five different broking companies.

The different products offered by stock broking companies is studied. The scrips taken

for the study are ICICI DIRECT.COM,KOTAK SECURITIES,SHAREKHAN,INDIA

BULLS,MOTILAL OSWAL..



LIMITATIONS OF THE STUDY

• The study is limited to selected five companies.

• The data is of 2 months and the analysis is done.

• The data collected is from 10-06-2010 to 10-08-2010, which is the expiry date of

the selected samples.

• This analysis cannot be taken universal.

• Time being a constraint the study does not include extensive research

.

• complete information is not accessible through electronic media and other sources



Chapter-IV



CONCEPTUAL FRAMEWORK OF THE STUDY

STOCK BROKING

project of sravanthi

Documents

Transcript of project of sravanthi