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8/3/2019 Jagrati - Final Report Submitted to H.O
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A
Summer Training Report
On
POTENTIAL OF EQUITY
MARKET AND AWAIRNESS OF UNICON
AMONG INVESTORS
Submitted in partial fulfillment of the
requirement of BBA programme of
M.D.S. University, Ajmer
Company Guide
LALIT GAUR
Branch Head, Ajmer
SUBMITTED TO: SUBMITTED BY:
JAGRATI GURNANI
BBA (IIIrd Year)
MANAGEMENT & COMMERCE INSTITUTE OF GLOBALSYNERGY, AJMER
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ACKNOWLEDGEMENT
At the very beginning, I wish to render my deep sense of gratitude with
special thanks and due regard to Mr. LALIT GAUR (Branch Manager,
Unicon Investment Solution-AJMER) whom I required the privilege
of working. His invaluable guidance and thoughtful consideration had
been the key motivating factor throughout my project, which enabled
me to complete my project so
efficiently and effectively. I also thankful to Ms. SUNAYANA BANSAL
(Branch Executive, Unicon Investment Solutions Ajmer) for her
valuable support thought my Training at UNICON.
I wish to express my respectable thanks and gratitude to MAM
RANVIKA AND VARSHA MATHUR (Faculty of B.B.A.) theoretical
knowledge about the subject.
I feel immense pleasure to offer my thanks to faculty members, who co-
operated in analysis of data and helped me to understand some
behavioral aspects of consumers. I am very thankful to my friends who
directly and indirectly helped me in collection of data and material related
to the topic.
JAGRATI GURNANI
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PREFACE
In BACHELOR OF BUSINESS ADMINISTRATION, Internship program
is an important part to give students an opportunity to have an experience
of practical field. Unless and until the student experience of the novelty of
practical work, their knowledge of what they study in theoretical courses
remains incomplete. The most important point in an Internship program is
that the students should spend their time in a true manner and with the
spirit to learn practical orientation of theoretical study framework.
This Internship is on my eight weeks practical training at UNICON
INVESTMENT SOLUTIONAJMER. I did training in Finance Field
which deals with potentiality of equity market.
In this Internship report I have tried to give details about the
POTENTIAL OF EQUITY MARKET AND AWARENESS OF
UNICON AMONG INVESTORS
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DECLARATION
I hereby declare that the work incorporated in the present project entitled
POTENTIAL OF EQUITY MARKET AND AWARENESS OF
UNICON AMONG INVESTORS at UNICON INVESTMENT
SOLUTION- AJMER is my own work and is original.
This work in part or in full has not been submitted to any University for
the award of a degree or diploma
PLACE: AJMER
DATE :
JAGRATI GURNANI
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CONTENTS
COMPANY PROFILE
1. ORGANIZATION & MANAGEMENT
2. PRODUCT & SERVICE
3. ACCOUNT OPENING
4. DEMAT PROCESS
5. DEMAT ACCOUNT
6. DIFFERENCE BETWEEN BANK ACCOUNT & DEMATACCOUNT
AN OVERVIEW ABOUT STOCK MARKET
1 What are Markets?
2 What are shares?
3 What is a stock exchange?
4 Who is a broker?
5 What is a Demat A/c?
6 Buying and selling of dematerialized securities
7 How to receive income from shares?
8 How to make investment decisions?
9How to track your investments? (Portfolio tracker)
OPPORTUNITIES AVAILABLE FOR FOREIGN
INVESTORS
RESEARCH & METHADOLOGY
SOURCES OF DATA COLLECTION
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QUESTIONNAIRES
FINDINGS
CONCLUSION
SUGGESTION
BIBLIOGRAPHY
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OBJECTIVESTo know the basics of stock market and its potentials.
To know the procedures and policies of Unicon and products
offered by the company.
To know the awareness of investors about Unicon and their
investment avenues.
To know the preference of customers in concern of various
investment products available in the market.
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COMPANY PROFILE
Unicon has been founded with the aim of providing world class investing
experience to hitherto underserved investor community. The technology
today has made it possible to reach out to the last person in the financial
market and give him the same level of service which was available to only
the selected few.
We give personalized premium service with reasonable
commissions on the NSE, BSE & Derivative market through our Equity
broking arm Unicon Securities Pvt Ltd. and Commodities on NCDEX
and MCX through our Commodity broking arm Unicon Commodities
Pvt. Ltd. With our sophisticated technology you can trade through your
computer and if you want human touch you can also deal through our
Relationship Managers out of our 97 branch network spread across the
nation.
We also give personalized services on Insurance (Life &
General) & Investments (Mutual Funds & IPO's) needs, through our
Insurance & Investment distribution arm Unicon Insurance Advisors Pvt.
Ltd.Our tailor-made customized solutions are perfect match to different
financial objectives. Our distribution network is backed by in-house back
office support to serve our customer promptly.
The company, created to provide premium service with reasonable
commissions, currently maintains more than 40000 individual accounts.
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Unicon distributes Insurance (Life & General) and Mutual Funds
through its subsidiary Unicon Insurance Advisors Pvt. Ltd. We
alsodistributes IPO's through the same entity. The objective here is to
offer our customers all the investments related products under same roof.
Unicon is staffed by financial and technology experts, unicon
provides a certified, skilled environment for individuals to receive
trading information and execute trades, both online and offline. The
company consists of over 2000 employees nationwide, including over
400 at the headquarters. Unicon employees work together as a team to
continue the tradition of excellent customer service and support.
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ORGANISATION AND MANAGEMENT
Unicon is a professionally managed organization with a board
of directors consisting of eminent persons who represent various
fields. The board primarily focuses on strategy formulation, policy
and control, designed to deliver increasing value to shareholders
Mr. Gajendra Nagpal, Founder & CEO: Mr. Nagpal is
responsible for day to day running of the company. Amanagement graduate by qualification, Mr. Nagpal brings with
him over 14 years of experience in the stock market. Before
joining Unicon he has served at senior positions for 5 years with
Kotak securities at a regional level and Indiabulls securities for 4
years at national level assignments. Mr. Nagpal brings with him
the rich experience of building a retail broking network.
Mr. Ram M Gupta, Co-Founder & President: Mr. Gupta through
his aggression and dynamism brings energy to the team. He has
8 years of stock market experience behind him and is
responsible for driving the sales team. Mr. Gupta has held
senior level positions in Karvy stock broking and Indiabulls
Securities. Mr. Gupta is supported by a team of over 850
relationship mangers spread over 94 locations across the
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country.
Mr. Sandeep Arora, Chief Operating Officer: Mr. Arora bringswith him over 11 years of experience of managing operations of
stock broking company. Mr. Arora before taking over as head of
operations at Unicon was responsible for managing the
operations of Indiabulls Securities Ltd. Mr. Arora is supported
by his team of over 400 people helping him to give world class
service to the clients.
Mr. Vikas Mallan, Chief Financial Officer: Mr. Mallan A
Chartered Accountant, Company Secretary and Cost
Accountant by profession. Mr. Mallan has over 14 years of
experience in the area of finance. Before joining Unicon he has
served at senior level positions with Rediff.com, Reliance
Telecom and Koshika Telecom. His experience includes a
Nasdaq listing of an Indian internet company and Head of
Finance of a leading Law firm. Mr. Mallan is headingDistribution / Mutual Fund initiative and is supported by 850
employees nationwide
Ms. Anjali MukhijaCCO: heads compliance. She brings with her12 years of experience in the stock markets. Her current job
profile includes broking operations, client relations & grievance
redressal, coupled with Public dealings. Prior to joining Unicon, she
was with the National Stock Exchange, Delhi Regional Office for 10
years and had held senior position for a brief period in a reputed
broking house.
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Mr.Trinadh Kiran National Head(E-Broking):
is an MBA marketing professional from Aligarh Muslim University
and has
done 10 months research in Capital Markets from IIM-Ahmedabad.
He brings with him a total work experience of 7 years and has
worked with almost all big giants of capital market like India
Infoline, India Bulls and Net worth Stock Broking. He is associated
with Unicon since June 2005. He has extensive knowledge of Retail
Broking and expertise in E-Broking.
Mr.Vijay ChopraNational Head (Business Alliances): Mr. Vijay
Chopra is a management graduate from Indian Institute of Foreign
Trade, New Delhi. He has a illustrious professional track record of
spanning over 11 years wherein he has handled various assignments
at a senior levels with some of the best names in the Consulting,
FMCG & healthcare space. His forte has been supply chain
management, New Product Launches, Sales, Marketing, Product
management & Training. Mr. Chopra along with his team
handles over 300 business partner network which is spread over
the entire geographical spread of the country.
Mr.Ashish KukrejaHead-PCG: Has the responsibility of handling
PCG business with Unicon. He brings with him a wide industry
exposure and joined Unicon in July 2006 after rendering his services
to Kotak Securities, where he was taking care of franchisee business
and later started handling HNI desk. He is an MBA (finance) from
ICFAI Business School.
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Ms. Divya Verma Kaur Head HR: is Country Head - HR and
Training. Ms. Divya brings with her 17.5 years of experience in
Human Resource and Training and her core expertise are designing
and implementing innovative HR strategies for employees
retention, establishing & stabilizing processes and handling effective
appraisal process linked with rewards & recognitions. Ms. Divya is
an effective communicator with strong leadership acumen. Her skill
set includes manpower budgeting, talent hirings, succession
planning, competency mapping, training/development planning,
formulating employee welfare programs and compensation
benchmarking.
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PRODUCT AND SERVICES
Unicon customers have the advantage of trading in all the
market segments together in the same window, as we understand the
need of transactions to be executed with high speed and reduced
time.At the same time, they have the advantage of having all kind of
Insurance & Investment Advisory Services for Life Insurance,
General Insurance, Mutal Funds and IPOs also.
Unicon is a customer focused financial services organization
providing a range of investment solutions to our customers. We
work with clients to meet their overall investment objectives and
achievetheir financial goals. Our clients have the opportunity to
get personalized services depending on their investment profiles.
Our personalized approach enables clients to achieve their Total
Investment Objectives. Our key product offerings are as follows:
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1. Equity Trading
2. Commodity Trading
3. PCG
4. NRI Services
5. Mutual Fund
6. Life Insurance
7. General Insurance
8. Depository Services
9. Portfolio Tracker
10. Backoffice
1) Equity Trading
Uniconoffers a unique feature where our customers get to trade
on NSE, BSE and Derivatives all on one screen. Unicon also
provides the facility to put orders over the phone through
Relationship Managers. You can always have access to our 97
branch offices located in the prime locations of the city, should
you wish to trade "walk in". Products offerings for Trading
2) Trade in CommodityAs the stock market takes a beating, commodity prices are soaring.
In times of high inflation, commodity futures can offer you the edge
that you were looking for. With a Unicon Trading Account, you can
trade in Commodity Futures from both MCX and NCDEX using a
single screen.
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3) Unicon Depository Services offers dematerialization services as
a participant in Central Depository Services Limited (CDSL),
through its Depository operations. The company believes in
efficient and cost-effective and integrated service support to its
brokerage business. Unicon Securities Private Limited, as a
depository participant, will offer depository accounts for
individual investors as well as corporates which will enable them
to transact in the dematerialized segment, without any hassles.
4) Properties
At Unicon Investment Solutions, we assist our prestigious customers
in investing in the best properties in India, by offering them the most
lucrative real estate deals. We provide full fledged investment
solutions for residential as well as commercial properties in India,
which include services related to the purchase of properties,
documentation, renting and leasing, investment advisory services,
property valuation and assisting clients with home loans.
5) Unicon Offers The Power of Currency DerivativesCurrency derivative is a contract between the seller and buyer,
whose value is to be derived from the underlying asset, the currency
amount. A derivative based on currency exchange rates is a future
contract which stipulates the rate at which a given currency can be
exchanged for another currency as at a future date.
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6) Back Office
Unicon through its online back-office aims to increase the
transparency and provides you the link to view the details of your
account onlinae anytime and anywhere.
7) Portfolio Management
The Portfolio Management Schemes of the Company offer
Discretionary Schemes (Unicon Optimizer & Unicon Growth) for
Individuals, Corporate Bodies, Partnership firms, Proprietors, Non
Resident Indians etc. The Company is registered with SEBI enabling
it to undertake Portfolio Management activities under a specific
license.
And so on..
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Trade in with the Power of Unicon
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ACCOUNT OPENING
The investor can open an account with any depository participant of
CDSL. An investor may open an account with several DPs or he may
open several accounts with a single DP. There are several DPs
offering various depository-related services. Each DP is free to fix its
own fee structure.
Investors have the freedom to choose a DP based on criteria like
convenience, comfort, service levels, safety, reputation and
charges. After exercising this choice, the investor has to enter into an
agreement with the DP. The form and contents of this agreement are
specified by the business rules of CDSL.
1. TYPE OF ACCOUNT
Type of depository account depends on the operations to be
performed. There are three types of Demat accounts, which can be
opened with a depository participant viz.
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(a)Beneficiary Account
(b)Clearing Member Account and
(c)Intermediary Account.
2. DOCUMENT FOR VERIFICATION
For the purpose of verification, all investors have to submit the
following documents along with the prescribed account opening
form.
2.1 PROOF OF IDENTITY
A beneficiary account must be opened only after obtaining a proof of
identity of the applicant. The applicant's signature and photograph
must be authenticated by an existing account holder or by the
applicant's bank or after due verification made with the original of
the applicant's
Valid passport,
Voter ID, driving license
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PAN card with photograph;
And further,
2.2 PROOF OF ADDRESS
The account opening form should be supported with proof of
address such as :
Verified copies of ration card
Passport
Voter ID
PAN card
Driving license
Bank passbook.
An authorized official of the Participant, under his signature, shall
verify the original documents. In case any account holder fails to
produce the original documents for verification within the aforesaid
period of 30 days, it must be immediately brought to the notice of
CDSL.
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Failure to produce the original documents within
the prescribed time would invite appropriate action against such
account holders, which could even include freezing of their accounts.
STEPS FOLLOWED TO OPEN AN ACCOUNT
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Demat Account
Definition
Demat account is a safe and convenient means of holding
securities just like a bank account is for funds. Today,
practically 99.9% settlement (of shares) takes place on demat
mode only. Thus, it is advisable to have a Beneficiary Owner
(BO) account to trade at the exchanges.
Bank Account Vs Demat Account
S.
No.
Basis Of
DifferentiationBank Account Demat Account
1.Form of
Holdings/DepositsFunds Securities
2. Used forSafekeeping of
money
Safekeeping of
shares
3. Facilitates
Transfer of money
(without actually
handling money)
Transfer of shares
(without actually
handling shares)
4. Where to open A bank of choiceA DP of choice
(can be a bank)
5.Requirement of
PAN NumberNot Mandatory
Mandatory
(effective from
April 01, 2006)
6.Interest accrual
on holdings
Interest income is
subject to the
No interest
accruals on
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applicable rate of
interest
securities held in
demat account
7.Minimum balance
requirement
AQB* maintenance
is specified for
certain bank
accounts
No such
requirement
8.Either or Survivor
facilityAvailable Not available
*AQB - Average Quarterly Balance
S.
No.
BASIS OF
SIMILARITYPARTICULARS
1.Security and
Convenience
Both are very safe and convenient
means of holding deposits/securities
2. Number of accounts
No legal barrier on the number of
bank or demat accounts that can be
opened
3.Transfer of deposits
(funds or securities)
Funds/securities are transferred
only at the instruction of the account
holder
4.Physical transfer of
money/securities
Physical transfer of
money/securities is not involved
5. Nomination Facility Available
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Stock Marcket
Equity MutualFunds Commodities
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An Overview about Stock Market
9 What are Markets?
10What are shares?
11What is a stock exchange?
12Who is a broker?
13What is a Demat A/c?
14Buying and selling of dematerializedsecurities
15How to receive income from shares?
16How to make investment decisions?
17How to track your investments? (Portfolio tracker)
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1. What are Markets?
A stock market is a market for the trading of company stock/
shares, and derivatives. This includes securities listed on a
stock exchange as well as those only traded privately. Market
is a place where buyers and sellers of securities can enter into
transactions to purchase and sell shares, bonds, debentures
etc.
Primary markets:
The primary market is that part of the capital markets that
deals with the issuance of new securities.
Secondary markets:
Thesecondary marketis the financial market for trading of
securities that have already been issued in an initial private or
public offering. In the secondary market, securities are sold
by and transferred from one investor or speculator to another.
http://www.moneycontrol.com/pehlakadam/secondarymarkets.phphttp://www.moneycontrol.com/pehlakadam/secondarymarkets.phphttp://www.moneycontrol.com/pehlakadam/secondarymarkets.phphttp://www.moneycontrol.com/pehlakadam/secondarymarkets.php8/3/2019 Jagrati - Final Report Submitted to H.O
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2. What are shares? A share is one of a finite number of equal portions in the
capital of a company, entitling the owner to a proportion of
distributed, non-reinvested profits known as dividends and to
a portion of the value of the company in case of liquidation.
Equity is a share in the ownership of a company. It represents
a claim on the companys assets and earnings. As you acquire
more stock, your ownership stake in the company increases.
The terms share, equity and stock mean the same thing and
can be used interchangeably.
3. What is a stock exchange?
A stock exchange, share market or bourse is a corporation or
mutual organization which provides facilities for stockbrokers and traders, to trade company stocks and other
securities.
The Bombay Stock Exchange Limited, or BSE has a nation-wide reach
with a presence in 417 cities and towns of India. Its index, or market
indicator is known as the Sensex.
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The S&P CNX Nifty, or simply Nifty, is the leading index for large
companies on the National Stock Exchange of India. It consists of 50
companies representing 24 sectors of the economy, and representing
approximately 47% of the traded value of all stocks on the National Stock
Exchange of India.
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INTRODUCTION: STOCK MARKET
One of the major factors causing todays volatility is the unanimity
in investors inclination towards new economy stocks and their shunning
of old economy stocks. This has led to a huge polarization in the
markets. Todays markets are characterized by large investment flows
into companies with emerging businesses -- which typically have low
floating stock -- leading to wild price swings.
Volatility has gone up as actively managed funds churn their
portfolios more often. Momentum investing by day traders and
fund managers exacerbates this. Soon, stocks are not bought on the
basis of their fundamental value but on the greater fool theory.
Unrealistic investor expectations driven by the recent history of the
boom in IT stocks is a cause for concern: now, the quality of the stock
and fundamentals are ignored in a market characterized by daily
assessment of profits and losses. Recent price history clouds the
investors minds so much that they start treating that price as the real
value of the stock and dont take a longer perspective of the company.
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The new economy stocks are a different breed. There is
a lot of theme or concept investing taking place in these stocks now.
It is difficult to quantify the future of the businesses and put a value to
those.
To discount all the future cash flows and put a value to the company is
passe and PEG ratios based on the next couple of years earnings is in the
near term high growth rate in these businesses is overshadowing the
pricing of risk and technological obsolescence for a particular company.
Market volatility is a sign that investors are unsure of how to value these
stocks. In the minds of investors, there is a battle going on between this
great new paradigm and the valuations of the stocks. In such a scenario,
mood swings between hope and fear cause volatility.
The volatility in new economy stocks reflects systemic changes taking
place in the underlying businesses. In the boardrooms of companies,
long gone are the months of planning and debate on capital allocation,
mergers/acquisitions and joint ventures.
In the Internetage ,a three-month delay can be the difference between
success and failure. Also, we are now in an age when companies can
think of becoming multinationals in a short span (e.g. Yahoo, Amazon),
when established age old companies see their fortunes dip very fast (e.g.
Britannica) and when companies can go boom and then come tumbling
down in a couple of years (e.g. Netscape). When businesses are
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witnessing such rapid stratospheric booms and busts, it is natural to
expect their stocks to be volatile.
In times of extreme volatility, investments in diversified equity funds
offer a hedge against stock specific risk. The regulator shouldleave
the pricing of the stocks to markets and its play on fear and greed, but
should come down heavily on rigging induced volatility. It should clamp
down on insider trading and selective information leaks. Information
dissemination when done timely and uniformly to all investors would
bring in transparency and should help arrest volatility to some extent.
The margin requirement in the new economy stocks should be fixed at a
high level, as investors will have to learn to live with high volatility in
these stocks.
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ABOUT BOMBAY STOCK EXCHANGE
(BSE)
INTRODUCTION
The Stock Exchange, Mumbai, which was established in 1875 as "The
Native Share and Stockbrokers Association" (a voluntary non-profit
making association), has evolved over the years into its present status as
the premier Stock Exchange in the country. It may be noted that
the Stock Exchange is the oldest one in Asia, even older than the Tokyo
Stock Exchange, which was founded in 1878.
The Stock Exchange, Mumbai (BSE) is generally referred to as theGateway to the capital market in India. It is a lynchpin of the Indian
Capital market. Its governing board and administration are keenly aware
of the future needs of the exchange to maintain its lead role. As Indian
economy is opening up, the Exchange has brought its operations at par
with international standards. It is poised to take advantage of changes in
Indian economic deregulation to expand the market and make the
security market, in India, more transparent and more liquid.
However, the objectives and the role of the Stock Exchange, Mumbai
has remained the same as enunciated by our founding fathers and given
to us as a mandate in 1887 through the charter.
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1. To safeguard the interest of investing public having dealings on the
Exchange and the members.
2. To establish and promote honorable and just practices in securities
transactions.
3. To promote, develop and maintain a well-regulated market for
dealing in securities.
4. To promote industrial developments in the country through
efficient resource mobilization by way of investment in corporate
securities.
The Exchange while providing an efficient market also upholds the
interests of the investors and ensures redressal of their grievances,
whether against the companies or its own member-brokers. It also strives
to educate and enlighten the investors by making available
necessary informative inputs.
A Governing Board comprising of 9 elected directors (one third of them
retire every year by rotation), an Executive Director, three Government
nominees, a Reserve Bank of India nominee and five publicrepresentatives, is the apex body, which regulates the Exchange and
decides its policies.
The Governing Board following the election of directors annually
elects a President, Vice-President and an Honorary Treasurer from
among the elected directors.
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The Executive Director as the Chief Executive Officer is
responsible for the day-to-day administration of the Exchange.
The Exchange has obtained permission from Securities and
Exchange Board of India (SEBI) for expansion of its BSE-On-Line-
Trading (BOLT) network to locations outside Mumbai. In terms of the
permission granted by SEBI, the members of the Exchange are free to
install their trading terminals to cities where there are no Stock
Exchanges. However, at centres where the other Exchanges are located,
the Exchange is required to sign a Memorandum of Understanding with
these Exchanges permitting it to install the BOLT terminals in their
jurisdictional areas.
In terms of organization structure, the Board formulates larger
policy issues and exercises over-all control. The committees constituted
by the Board are broad-based. The Managing Director and a
management team of professionals manage the day-to-day operations of
the Exchange.
The Exchange has a nation-wide reach with a presence in 417
cities and towns of India. The systems and processes of the Exchangeare designed to safeguard market integrity and enhance transparency in
operations. During the year 2005-2006, the trading volumes on the
Exchange showed robust growth.
The Exchange provides an efficient and transparent market for
trading in equity, debt instruments and derivatives. The BSE's On Line
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Trading System (BOLT) is a proprietary system of the Exchange and is
BS 7799-2-2002 certified. The surveillance and clearing & settlement
functions of the Exchange are ISO 9001:2000 certified.
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ABOUT NATIONAL STOCK EXCHANGE (NSE)
THE ORGANISATION
The National Stock Exchange of India Limited has genesis in the report
of the High Powered Study Group on Establishment of New Stock
Exchanges, which recommended promotion of a National Stock
Exchange by financial institutions (FIs) to provide access to investors
from all across the country on an equal footing. Based on the
recommendations, NSE was promoted by leading Financial Institutions
at the behest of the Government of India and was incorporated in
November 1992 as a tax-paying company unlike other stock exchanges
in the country.
On its recognition as a stock exchange under the Securities Contracts
(Regulation) Act, 1956 in April 1993, NSE commenced operations in
the Wholesale Debt Market (WDM) segment in June 1994. The Capital
Market (Equities) segment commenced operations in November 1994
and operations in Derivatives segment commenced in June 2000.
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Introduction of the Demat Segment
The Exchange has commenced trading in the
Dematerialized (Demat) segment with effect from December 29, 1997
where there is no physical delivery of securities as in the physical
segment. Trading in the Demat segment is on a Rolling Settlement basis
(T+5) where T stands for Trade Day. The pay-in and payout for the
transactions in this segment are both conducted on a single day. The
Pay-in & Pay-out for transactions executed on Monday is conducted
on the following Monday, i.e., corresponding day in the following week.
Auction session for shortages in demat segment is conducted on BOLT on
the day after pay-in/pay-out. The pay-in / pay-out (money part) takes
place through computerized posting of debits and credits in the
members bank accounts as in the case of physical segment.
With effect from April 6, 1998, deliveries in the demat mode are
permitted in the physical segment. This is so because sellers are allowed
to give delivery in demat or electronic form. As of today, this is
applicable to 278 scrips. As such, a break-up session is scheduled every
Monday where members may mark the mode of delivery, i.e., physical
or demat. They, however, have an option to change the mode of delivery
till the pay-in day, i.e., Thursday.
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4. Who is a broker?
A stockbroker is person who is licensed to trade in shares. Brokers
also have direct access to the sharemarket and can act as your agent
in share transactions. For this service they charge a fee. They can
also offer additional services like advice on shares, debentures,
government bonds and listed property trusts and non-listed
investment options (cash management trusts, property and equity
trusts. (more...)
http://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.php8/3/2019 Jagrati - Final Report Submitted to H.O
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5. What is a Demat A/c?
Investors who wish to trade in the market need to have a
dematerialized, or demat, account. In India, the government has
mandated two entities National Securities Depository, or NSDL,
and Central Depository Services (India), or CDSL to be thecustodian of dematerialized securities. (more...)
http://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.php8/3/2019 Jagrati - Final Report Submitted to H.O
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6.Buying and selling of Dematerialised securities
What is the procedure for selling dematerialized
securities?
The procedure for selling dematerialized securities is very
simple. After you have sold the securities, you would instruct
your DP to debit your account with the number of securities
sold by you and credit your broker's clearing account. This
delivery instruction has to be given to your DP using the
delivery instruction slips given to you by your DP at the time
of opening the account. (more...)
How can I purchase dematerialized securities?
For receiving demat securities you may give a one-time
standing instruction to your DP. This standing instruction can
be given at the time of account opening or later. Alternatively,
you may choose to give separate receipt instruction every
time some securities are to be received. (more...)
http://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.phphttp://www.moneycontrol.com/pehlakadam/gettingstarted.php8/3/2019 Jagrati - Final Report Submitted to H.O
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7. How to receive income from shares?
We invest in shares to make money either through a shares
capital growth, i.e. the amount by which the share price increases in
value over time, or through the dividends it pays to its shareholders.
Dividends are payments made by companies to shareholders from
their profits. (more...)
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8.How to make investment decisions?
The stock market has, perhaps, the most exciting investment
opportunities for the investor community. At the same time, it could
be unnerving and scary. In fact, equity investment has always
remained a big challenge, not only for retail but institutional
investors, too.
In short, investing in equities can be a difficult proposition for retail
investors. However, equity must form a part of every investors
portfolio. The proportion could vary, depending on the investors
age, monetary requirements, risk appetite, etc.
To cope with volatility, it is important to have a disciplined and
systematic approach to equity investment. Set your own rules and
more importantly, follow them religiously. Indeed, the mantra for
successful equity investment is a well thought-out, disciplined
investment strategy.
A long-term monetary commitment, adherence to discipline in
investment and decisions based on company fundamentals are
essential ingredients for successful equity investment.(more...)
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9. How to track your investments? (Portfolio tracker)
The Portfolio Manager tracks and monitors all your investments,
cash flow and assets, through live price updates. Investments like
equity, mutual funds, assets, cash flows, borrowing and more can all
be tracked. Displayed in real time, it is the most up-to-date and
precise indicator of your net worth! With the Portfolio Manager,
you can not only view your investments at each stage, but can use
this record of your holdings to base any future investments
decisions.
The Portfolio Manager comes along with some useful tools to gain
useful insight of volatile markets. These tools help you to track thetrends of your current investments as well as somestocksthat have
caught your eye.
http://www.moneycontrol.com/india/bestportfoliomanager/stocks/mutualfunds/loginportfoliohttp://www.moneycontrol.com/india/bestportfoliomanager/stocks/mutualfunds/loginportfoliohttp://www.moneycontrol.com/india/bestportfoliomanager/stocks/mutualfunds/loginportfoliohttp://www.moneycontrol.com/india/bestportfoliomanager/stocks/mutualfunds/loginportfoliohttp://www.moneycontrol.com/india/bestportfoliomanager/stocks/mutualfunds/loginportfoliohttp://www.moneycontrol.com/india/bestportfoliomanager/stocks/mutualfunds/loginportfoliohttp://www.moneycontrol.com/india/bestportfoliomanager/stocks/mutualfunds/loginportfolio8/3/2019 Jagrati - Final Report Submitted to H.O
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The Portfolio Tracker
Track these things.
Transaction History
Watch list
News
Messages
Asset Spread
Asset Risk
Industry Classification
Quarterly Data
Best Worst Investments
Financial Data
Consolidated Stocks
Consolidated MF's
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OPPORTUNITIES AVAILABLE FOR
FOREIGN INVESTORS
DIRECT INVESTMENT
Foreign companies are now permitted to have a majority stake in
their Indian affiliates except in a few restricted industries. Incertain specific industries, foreigners can even have holding upto
100 percent.
INVESTMENT THROUGH STOCK EXCHANGES
Foreign Institutional Investors (FII) upon registration with
the Securities and Exchange Board of India (SEBI) and the
Reserve Bank of India (RBI) are allowed to operate in Indian
stock exchanges subject to the guidelines issued for the purpose
by SEBI.
Important requirements under the guidelines are as under:
1 Portfolio investment in primary or secondary markets will
be subject to a ceiling of 30 percent of issued share capital for
the total holding of all registered FII's. In any one company
an FIIholding is subject to a ceiling of 10 percent of the
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total issued capital. However, in applying
the ceiling of 30 percent the following are excluded:
Foreign investment under a financial collaboration, which is,
permitted upto 51 percent in all priority areas.
Investment by FII's through offshore single/regional funds,
GDR's and euro convertibles.
2 Disinvestment is allowed through a broker of a Stock Exchange.
3 A registered FII is required to buy or sell only for delivery. It is not
allowed to offset a deal. It is also not allowed to sell short.
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RESEARCH METHODOLOGY
The study will be carried on in a proper planned and systematic
manner.
This methodology includes
(i) Familiarization with the Stock Exchanges
(ii) Observation and collection of data.
(iii) Analysis of data.
(iv) Conclusion and suggestion based on analysis.
SOURCES OF DATA COLLECTION:The primary as well as the secondary sources will be used for collection
of data. In primary source of data collection the interview schedule
opinion survey will be used and in secondary source of data collection
relevant records, books, diary and magazines were used.
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QUESTIONNAIRE
NAME : ________________________ Telephone No. _______________
OCCUPATION: ____________________________
INCOME LEVEL: Below 1 Lac 1-2 Lac 2-5 Lac
More than 5 Lac
Q1. Which type of investment you prefer ? (GIVE RANKS)
a. Equity-commodity ..
b. Fixed deposit(FD) ..
c. Insurance ..
d. Property ..
e. Mutual Fund ..
Q2 Do you have DEMAT ACCOUNT ?
YES NO
Q3. Have you ever heard about UNICON INVESTMENT SOLUTION ?
YES NO
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Q4. How often you trade ?
Daily Weekly Monthly Yearly
Q5. Which mode do you use for investment ?
Online Offline Both
Q6. Are you aware of various product and services provided by UNICON
? (Give answer in YES or NO).
Equity
Commodity
Insurance
Mutual fund
Property Broking
PMS
Fixed Income
Wealth Management .
Q7 For how long you can invest in EQUITY ?
Less than 1 Year
1-3 Years
More Than 3 Years
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Q8. Why do you like to invest in EQUITY market ?
Saving Knowledge High Returns Liquidity
Q9. Source of investment in EQUITY ?
Agent Self Friends / Family members Media
Q10. What product or service influences your choice of broking house?
Brokerage Staff Efficiency Office Environment
Timely Response Office Location Brand Name
AND GIVE RANKS TO UNICON .
Brokerage
Staff Efficiency
Office Environment
Timely Response
Office Location
Brand Name
Q11 Satisfaction Level of UNICON ?
Satisfy Highly Satisfy Unsatisfied .
Q12. Is UNICON The Best Company ?
Yes No Cant Say
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0%
47%
43%
10%
INCOME LEVEL
BELOW 1 LAC 1-2 LAC 2-5 LAC MORE THAN 5 LAC
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Finding :
The above table reveals that higher income levels are giving more
preference to invest in equity where as lower income levels given more
preference to invest in bank deposits and Equity is also having its
preference among people investment choices
93%
7%
Q1. DO YOU HAVE DEMAT ACCOUNT?
YES NO
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Finding :
It implies that demat account is very popular and a significantmember of client interviewed, have their own demat account.
0
2
4
6
8
10
EQUITY -
COMMODITY
FIXED DEPOSIT INSURANCE PROPERTY MUTUAL FUND
Q2. WHICH TYPE OF INVESTMENT YOU
PREFER?
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90%
10%
Q3. HAVE YOU EVER HEARD ABOUT UNICON
INVESTMENT SOLUTION?
YES NO
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Finding :
1.44 percent of investors are preferredaffects portfolio of theinvestor ,invest in long-term avenues where as 34 per cent of
investorsare preferred to 36 per cent of the investors-invest in both
both long term and short term avenues , are preferred to invest in
monthly and 26 % of investors preferred to invest in 52 per cent of
the investors are investing on the basis of-quarterly basis.
25%
44%
22%
9%
Q4. HOW OFTEN YOU TRADE?
DAILY WEEKLY MONTHLY YEARLY
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Finding :
As the study show, internet trading is not very popular among
people. So, a huge member of people use the OFFLINE mode of
trading.
0 5 10 15 20 25
ONLINE
OFFLINE
BOTH
Q5. WHICH MODE DO YOU USE FOR
INVESTMENT ?
Series1
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Q6. Are you aware of various product and services
provided by UNICON ? (Give answer in YES or NO).
Equity
Commodity
Insurance
Mutual fund
Property Broking
PMS
Fixed Income
Wealth Management .
Finding :
From the sample data, we find that only equity, commodity and
insurance are popular and investors are not aware of any other
product of company.
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Finding :
From the study, we found both long Term and short Term equity
investment.
108
12
LESS THAN 1 YR 1-3 YRS MORE THAN 3 YRS
Q7. FOR HOW LONG YOU CAN INVEST IN
EQUITY MARKET ?
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Finding :
The objective of investment in equity market is high return and
liquidity and these two factors are attracting most people for
investing in equity market. A very less number of people invest to get
knowledge and purpose of saving.
3% 3%
57%
37%
WHY DO YOU LIKE TO INVEST IN
EQUITY?
SAVING KNOWLEDGE
HIGH RETURNS LIQUIDITY
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Finding :A major source of investment in equity in Media and people
prefer to take advice of any agent rather than family and self investment.
0
2
4
6
8
10
12
14
AGENT SELF FRIENDS/ FAMILY MEDIA
Q9. SOURCE OF INVESTMENT IN EQUITY?
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Q10. What product or service influences
your choice of broking house?
Brokerage Staff Efficiency Office
Environment
Timely Response Office Location Brand
Name
AND GIVE RANKS TO UNICON .
Brokerage
Staff Efficiency
Office Environment
Timely Response
Office Location
Brand Name
Finding :
The sample data implies that brokerage , office location, timely
response mainly influence the choice of broking house for investors
and Unicon gets the top ranks in office location, office environment,
timely response, brokerage and staff efficiency.
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Finding :
People are normally less satisfied with Unicon
SATISFY
33%
HIGHLY SATISFY
7%
UNSATISFIED
60%
Q11. SATISFACTION LEVEL OF UNICON?
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Finding :
We could not get the proper result of this question as Cant Say
was the answer selected by most of people
3%
10%
87%
Q12. IS UNICON THE BEST COMPANY?
YES NO CANT SAY
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CONCLUSIONS
The study takes a random sample 30 (thirty) prospective clients, that
denotes the whole population of investing community which is limited to
the extent of accurate results.
The study also drawn an important conclusion that the equity market is a
popular source of investment and people invest for their higher returns,
keeping in mind both long term and short term investment. Investors are
aware about Unicon but not all products of Unicon .Equity and
Commodity are popular.
Investors prefer equity more than commodity. Internet- based trading i.e.
online trading is getting its place but due to shortage of time and service
class investors they all prefer offline trading or telephonic order placement
through their agents or broker.
Unicon is having advantage of its location but requires competitive rates
of brokerage and infrastructure.
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SUGGESTIONS
Unicon should work on its marketing activities and client awareness
programmes should be conducted from time to time about various
products and their potentiality for investors.
Regular SMS for investment opportunities and for updates to the investorsregarding their investments.
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BIBLIOGRAPHY
Macroeconomics Theory and Policy: Gardner Ackley, MacMillan
Publishing Co., Inc. New York, International Edition, 1978.
The Rise and the fall of the big bull, Business World, April 16,
2004, pp. 18-26.
Indias Stock Markets, Business Today
Will BSE Survive, CFA, August 2004, pp. 24-28.
Dalal Street, Outlook
Valueline, May 2007 July 2007 issues
Business Standard, July 2007
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WEBSITES:
www.nseindia.com
www.bseindia.com
WWW.indiabulls.com
www.indiaweekly.com
www.indiainfoline.com
www.CDSL.com
www. investopedia.com
www. Uniconindia.com
Valueline, May 2007 July 2007 issuesBusiness Standard, July 2007
Research Reports
Unicon research report
Book
Fundamental Statistics, by Goon, Gupta & Dasgupta, Vol. 2
Marketing Research, by Kotler
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