Summer training internship

Report

Under

Pooja jain

Study of indian stock market

Submitted in partial fulfillment of the requirement for the degree of the bachelor of business
administration of the medi-caps university, indore

(batch2016-2019)

Submitted by:

Name of student : Vishnu sahu

Department : Management and commerce

Course : B.B.A. 3rd semester 2nd year

Roll no. : MS16MS301059

Batch : 2016-2019

Session : 2017-2018
 STUDENT DECLARATION

I, VISHNU SAHU , ROLL NO. MS16MS301059 OF MEDICAPS UNIIVERSITY studying in b.b.a. here
by declared that I have successfully completed my training from the capital builder on the
Indian stock market during the Academic year 2016-2017. The information is submitted is true
and original to best of my knowledge.

DATE:

PLACE: INDORE -----------------

VISHNU SAHU
 PREFACE

The successful completion of this training was a unique experience for me as I got an
opportunity to visit many place and also interact with various people, I achieved a better
knowledge about the share market. Which I gained by doing this training was essential at this
turning point of my career. This report is being submitted, whose detailed analysis of the
research is undertaking by me .

This report title, THE STUDY OF STOCK MARKET is an attempted to allow the reader to
understand the stock market trading of stock and role play by the stock exchange in the
economy of india as well as globally.
 ACKNOWLEDGEMEN

Dissertation Report is a bridge connecting the educational and professional use. It is the path
leading to success by shouldering responsibilities under the careful guidance of seniors and
experienced personnel without fear and failures.

.It gives me immense pleasure to take the opportunity to remember and thanks to the
personalities who are involved with this project work during its study stage during my days of
hard work. I feel that it is my duty to express thanks and deep gratitude to everyone who is
directly or indirectly associated in the completion of this Dissertation Report.

With deep reverence, I offer my deepest regards gratitude to who is my trainer

and , flour manager of capital builder , without whom this Report could not
have been fulfilled.
 Executive Summary

Indian securities markets have undergone many changes during the last decade. Exponential
growth in trading volumes is pushing existing trading systems and processes to capacity and
increasing settlement risk. With Indian market moving to a T+3 rolling settlement cycles in line
with global markets, SEBI is continuing its efforts to increase the efficiency and transparency in
Indian markets. Indeed It has been SEBI endeavor to make the Indian markets, one of the most
competitive and efficient markets of the world. Income, Savings mobilization and promotion of
investment are functions of the stock and capital markets which are a part of the organized
financial system in India. This Project titled An Overview of Indian stock market is an attempt
to understand the stock market and role played by Indian retail Brokerage Firms in stock
market.

The objective of brokerage firms is to help the investor to minimize the risk involved in
investment and maximize the return. Some of the main characteristics of the brokerage
industry include growth in e-broking; growing derivatives market, decline in brokerage fees etc.
An endeavor was also made to understand the role played by India bulls Securities compared to
its competitors in Indian retail brokerage market .The role played by Indian retail brokerage
industry is of immense significance, taking into account the health of the capital markets and
the intensity of competition among the brokerage companies.
 OUTLOOK ON INDIAN STOCK MARKET

1.1 Introduction

Indian Stock Markets is one of the oldest in Asia. Its history dates back to nearly200 years
ago. The earliest records of security dealings in India are meager and obscure. The East
India Company was the dominant institution in those day and business in its loan securities
used to be transacted towards the close of the eighteenth century.

By 1830s business on corporate stocks and shares in Bank and Cotton presses took place in
Bombay. Though the trading list was broader in 1839, there were only half a dozen brokers
recognized by banks and merchants during 1840 and1850. The 1850s witnessed a rapid
development of commercial enterprise and brokerage business attracted many men into
the field and by 1860 the number of brokers increased into 60. In 1860-61 the American
Civil War broke out and cotton supply from United States to Europe was stopped; thus, the
Share Mania in India began. The number of brokers increased to about 200 to 250.

At the end of the American Civil War, the brokers who thrived out of Civil War in1874,
found a place in a street (now appropriately called as Dalal Street) where they would
conveniently assemble and transact business. In 1887, they formally established in Bombay,
the "Native Share and Stock Brokers Association ,which is alternatively known as The
Stock Exchange". In 1895, the Stock Exchange acquired a premise in the same street and it
was inaugurated in 1899.Thus, the Stock Exchange at Bombay was consolidated.

The Indian stock market has been assigned an important place in financing the Indian
corporate sector. The principal functions of the stock markets are:-
enabling mobilizing resources for investment directly from the investors.
providing liquidity for the investors and monitoring.
Disciplining company management.
The two major stock exchanges in India are National Stock Exchange
(NSE) and Bombay Stock Exchange (BSE).
 National Stock Exchange

.The National Stock Exchange (NSE) is India leading stock exchange covering various cities and
towns across the country. NSE was set up by to provide a modern, fully automated screen-
based trading system with national reach. The Exchange has brought about unparalleled
transparency, speed & efficiency, safety and market integrity. It has set up facilities that serve
as a model for the securities industry in terms of systems, practices and procedures.

NSE has played a catalytic role in reforming the Indian securities market in terms of
microstructure, market practices and trading volumes.

The market today uses state-of-art information technology to provide an efficient and
transparent clearing and settlement mechanism, and has witnessed several innovations in
products & services viz. demutualization of stock exchange governance, screen based trading,
compression of settlement cycles ,dematerialization and electronic transfer of securities,
market of debt and derivative instruments and intensive use of information technology.
Trading at NSE can be classified under two broad categories:

Wholesale debt

Capital market

Wholesale debt market operations are similar to money market operations -institutions and
corporate bodies enter into high value transactions in financial instruments such as government
securities, treasury bills, public sector unit bonds, commercial paper, certificate of deposit, etc.

Capital market:- A market where debt or equity securities are traded.

There are two kind of player in the market.

Trading members

Participants

Recognized members of NSE are called trading members who trade on behalf of themselves
and their clients. Participants include trading members and large players like banks who take
direct settlement responsibility.

Trading at NSE takes place through a fully automated screen-based trading mechanism which
adopts the principle of an order-driven market. Trading members can stay at their offices and
execute the trading, since they are linked through a communication network. The prices at
which the buyer and seller are willing to transact will appear on the screen.

When the price match the transaction will be completed and a confirmation slip will be printed
at the office of the trading member.

.NSE has several advantages over the traditional trading exchanges. They are as follows:

NSE brings an integrated stock market trading network across the nation.

Investors can trade at the same price from anywhere in the country since inter-market
operations are streamlined coupled with the countrywide access to the securities.

Delays in communication, late payments and the malpractices prevailing in the traditional
trading mechanism can be done away with greater operational efficiency and informational
transparency in the stock market operations, with the support of total computerized network.
NSE NIFTY

S&P CNX Nifty is a well diversified 50 stock index accounting for 22 sectors of the economy. It is
used for a variety of purposes such as benchmarking fund portfolios, index based derivatives
and index funds.

NSE came to be owned and managed by India Index Services and Products Ltd.(IISL), which is a
joint venture between NSE and CRISIL. IISL is India first specialised company focused upon the
index as a core product.

IISL have a consulting and licensing agreement with Standard & Poor (S&P), who are world
leaders in index services. CNX stands for CRISIL NSE Indices. CNX ensures common branding of
indices, to reflect the identities of both the promoters, i.e. NSE and CRISIL. Thus, C stands for
CRISIL, N stands for NSE and X stands for Exchange or Index. The S&P prefix belongs to the US-
based Standard & Poor Financial Information Services
BOMBY STOCK EXCHANGE

The Bombay Stock Exchange is one of the oldest stock exchanges in Asia. It was established as
"The Native Share & Stock Brokers Association" in1875. It is the first stock exchange in the
country to obtain permanent recognition in 1956 from the Government of India under the
Securities Contracts (Regulation) Act, 1956.

The Exchanges pivotal and pre-eminent role in the development of the Indian capital market is
widely recognized and its index, SENSEX, is tracked worldwide.

Scrips at BSE

ACC ONGC

GRASIM RANBAXY

GUJRAT AMBUJA

MARUTI

AIRTEL

MAHINDRA & MAHINDRA

BHEL

NTPC
sensex

The Stock Exchange, Mumbai (BSE) in 1986 came out with a stock index that subsequently
became the barometer of the Indian stock market. SENSEX is not only scientifically designed but
also based on globally accepted construction and review methodology.

First compiled in 1986, SENSEX is a basket of 30 constituent stocks representing a sample of

large, liquid and representative companies. The base year of SENSEX is 1978-79 and the base
value is 100. The index is widely reported in both domestic and international markets through
print as well as electronic media The Index was initially calculated based on the "Full Market
Capitalization "methodology but was shifted to the free-float methodology with effect from
September 1, 2003.

The "Free-float Market Capitalization" methodology of index construction is regarded as an

industry best practice globally. All major index providers like MSCI, FTSE, STOXX, S&P and Dow
Jones use the Free-float methodology. Due to is wide acceptance amongst the Indian investors;
SENSEX is regarded to be the pulse of the Indian stock market. As the oldest index in the
country, it provides the time series data over a fairly long period of time.
 Securities and Exchange Board of India
SEBI Bhavan, Mumbai Headquarters of SEBI

Organization Detail

Headquarters Mumbai, Maharashtra, India

Established 1992

Jurisdiction India

Head Chairman

chairman C B Bhave

Term February 16, 2008

Total Staff [1] 525

Official web side

web www.sebi.gov
 SEBI is the Regulator for the Securities Market in India. Originally set up by the Government of
India in 1988, it acquired statutory form in 1992 with SEBI Act 1992being passed by the Indian
Parliament. Chaired by C B Bhave SEBI is headquartered in the popular business district of
Bandra-Kurla complex in Mumbai, and has Northern, Eastern, Southern and Western regional
offices in New Delhi, Kolkata, Chennai and Ahmedabad.

Organization Structure
the market intermediaries. SEBI has three functions rolled into one body quasi-legislative,
quasi- judicial and quasi-executive. It drafts regulations in its legislative capacity, it conducts
investigation and enforcement action in its executive function and it passes rulings and orders
in its judicial capacity.

Though this

the investors

the issuers of securities

Functions and Responsibilities SEBI has to be responsive to the needs of three groups, which
constitute the market:
INDUSTRY PROFILE

CAPITAL MARKET :-

The market where investment funds like bonds, equities and mortgages are traded is known as
the capital market. The primal role of the capital market is to channelize investments from
investors who have surplus funds to the ones who are running a deficit. The capital market
offers both long term and overnight funds.

The financial instruments that have short or medium term maturity periods are dealt in the
money market whereas the financial instruments that have long maturity periods are dealt in
the capital market.

The different types of financial instruments that are traded in the capital markets are equity
instruments, credit market instruments, insurance instruments, foreign exchange instruments,
hybrid instruments and derivative instruments.

A capital market is a market for securities (both debt and equity), where business enterprises
(companies) and governments can raise longterm funds. It is defined as a market in which
money is lent for periods longer than a year, as the raising of short-term funds takes place on
other markets (e.g., the money market).

The capital market includes the stock market (equity securities) and the bond market (debt).

Capital markets consist of

1 Primary market

2 Secondary markets
Primary market
The primary market is that part of the capital markets that deals with the issuance of new
securities. governments or public sector institutions can obtain funding through the sale of a
new stock or bond issue. This is typically done through a syndicate of securities dealers. The
process of selling new issues to investors is called underwriting. In the case of a new stock issue,
this sale is an initial public offering (IPO).

Dealers earn a commission that is built into the price of the security offering, though it can be
found in the prospectus. The primary markets are where new stock and bonds issues are sold
(via underwriting) to investors.

The secondary markets are where existing securities are sold and bought from one investor or
trader to another, usually on a securities exchange, over the counter, or elsewhere.

Features of primary markets are:

This is the market for new long term equity capital. The primary market is the market where
the securities are sold for the first time. Therefore it is also called the new issue market (NIM).

In a primary issue, the securities are issued by the company directly to investors.

The company receives the money and issues new security certificates to the investors.

Primary issues are used by companies for the purpose of setting up new business or for
expanding or modernizing the existing business.

The primary market performs the crucial function of facilitating capital formation in the
economy.

The new issue market does not include certain other sources of new long term external
finance, such as loans from financial institutions. Borrowers in the new issue market may be
raising capital for converting private capital into public capital; this is known as "going public."

The financial assets sold can only be redeemed by the original holder.
Methods of issuing securities in the primary market are:
1 Initial public offering
2 Rights issue (for existing companies)

An initial public stock offering (IPO) referred to simply as an "offering" or "flotation," is

when a company issues common stock or shares to the public for the first time.

They are often issued by smaller, younger companies seeking capital to expand, but can
also be done by large privately-owned companies looking to become publicly traded. A
rights issue is offered to all existing shareholders individually and may be rejected, accepted
in full or accepted in part. Rights are often transferable, allowing the holder to sell them on
the open market.
A right to a share is generally issued on a ratio basis (e.g. one-for-three rights issue).
Because the company shareholders' money in exchange for shares, a rights issue is a source
of capital.

Secondary market

The secondary market, also known as the aftermarket, is the financial market where
previously issued securities and financial instruments such as stock, bonds, options, and
futures are bought and sold. The term "secondary market" is also used to refer to the
market for any used goods or assets, or an alternative use for an existing product or asset
where the customer base is the second market (for example, corn has been traditionally
used primarily for food production and feedstock, but a second- or third- market has
developed for use in ethanol production).
Under a secondary market offering or seasoned equity offering of shares to raise money, a
company can opt for a rights issue to raise capital. The rights issue is a special form of shelf
offering or shelf registration. With the issued rights, existing shareholders have the privilege
to buy a specified number of new shares from the firm at a specified price within a specified
time.
A rights issue is in contrast to an initial public offering (primary market offering), where
shares are issued to the general public through market exchanges
 With primary issuances of securities or financial instruments, or the primary market, investors
corporations issuing shares in an IPO or private placement, or directly from the federal
government in the case of treasuries. After the initial issuance, investors can purchase from
other investors in the secondary market.

The secondary market for a variety of assets can vary from fragmented to centralized, and
from illiquid to very liquid. The major stock exchanges are the most visible example of liquid
secondary markets - in this case, for stocks of publicly traded companies. . Exchanges provide a
centralized, liquid secondary market for the investors who own stocks that trade on those
exchanges.

Most bonds and structured products trade over the counter, or by phoning the bond desk of
ones broker-dealer. Functions of Secondary market Secondary marketing is vital to an efficient
and modern capital market. In the secondary market, securities are sold by and transferred
from one investor or speculator to another. It is therefore important that the secondary market
be highly liquid (originally, the only way to create this liquidity was for investors and speculators
to meet at a fixed place regularly; this is how stock exchanges originated, see History of the
Stock Exchange). As a general rule, the greater the number of investors that participate in a
given marketplace, and the greater the centralization of that marketplace, the more liquid the
market. Fundamentally, secondary markets mesh the investor's preference for liquidity (i.e., the
investor's desire not to tie up his or her money for a long period of time, in case the investor
needs it to deal with unforeseen with the capital user's preference to be able to use the capital
for an extended period of time.
The reason for stock price going up and sown

Stock changed every day because of market forces. By this we mean that stock price change of
supply and demand. If more people want to buy a stock than sell it, then the price movies up
conversely, if more people wanted sell a stock than buy it, their would be grater supply than
demand and the would fall.

Understanding demand and supply is easy. What is difficult to understand is what makes
people like a particular stock and dislike another stock. If you understand this you know people
are buying and what people are selling if you known this then you can easily get what price go
up and what prices go down. You have to figure out what kind of the news are positive or
negative for the company.

The most important factor is that affects the value of the company is its earning. Earning are
the profit a company makes and in the long run no company can survive without them. It make
sense when you think about it. If a company never make money, it is going to stay I business.
Public company are required to report heir earning four times a year.

DALAL street watches with great attention at this time, which are referred as a earning season.

The reason behind this is that analyst base their future value of the company on the earning
projection if a company result is better than expected, the price jump up. If a company result
disappoint and are worse than expected the price will fall. Of corse, is not only the earning
which change the felling of the people have about the stock it would be rather simple world if
this were the cancel during the dotcom bubble, for example the stock price of the dozens if
internet company rose without ever making the smallest profit. As we all know this high stock

Still, this fact demonstrated that there are factor other than current earning that influence
stock. So what are all factors that affect the stock price? The best answer is that nobody really
for sure. Some believe that it is possible to predict how stock price will change. While other
think that by drawing chart and other looking past price movement you can who to buy and
sell.

The only think we can do is that stock are volatile and change in price very rapidly.
Stock Picking

Having understood all the basics of the stock market and the risk involved, now we will go into
stock picking and how to pick the right stock. Before picking the right stock you need to do
some analysis.

There are two major types of analysis:

1. Fundamental Analysis

2. Technical Analysis

Fundamental analysis is the analysis of a stock on the basis of core financial and economic
analysis to predict the movement of stocks price.

On the other hand, technical analysis is the study of prices and volume, for forecasting of
future stock price or financial price movements. Simply put, fundamental analysis looks at the
actual company and tries to figure out what the company price is going to be like in the future.
On the other hand technical analysis look at the stocks chart, peoples buying behavior etc. to
try and figure out what the stock price is going to be like in the future .

In this article we will go into the basics of fundamental analysis. Technical analysis is a little
more complicated.

It is much more of an "art" than a science. It depends more on experience and involves some
statistics and mathematics, so explaining technical analysis is out of the scope of this article.

DAY TRADING:-

Day trading (and trading in general) is the buying and selling of various financial instruments,
such as futures, options, currencies, and stocks, with the goal of making a profit from the
difference between the buying price and the selling price.

Day trading differs slightly from other styles of trading in that positions are rarely (if ever) held
overnight or when the market being traded is closed. Day trading was originally only available
to financial companies (such as banks),because only they had access to the exchanges and
market data. But with recent technology such as the Internet, individual traders now have
direct access to the same exchanges and market data, and can make the same trades at very
low cost.
 DELIVERY TRADING

Delivery trading is a very secure trading. If we buy share today and sell them after one after one
day then the type of trading is called delivery trading.

The main advantage of delivery trading is that the loss of the fear of money is very is less when
compared intraday trading you can just cool if you buy in delivery because you not need to sell
them at the same day with the loss even the market price of your share value reduce you can
wait for more days to get your price.

The main disadvantage of delivery trading is that the brokerage charged by share broking
company is very high for delivery trading. It is around 0.2% to 0.4% and in this type of trade
your profit will increase slowly.

FOR THE FUNDAMENTAL ANALYSIS THE FOLLOWING RATIO ARE USED :

EPS
DPS
Payout ratio
REO
P/E ratio
Current ratio
Debt equity ratio
Interest coverage ratio
N/P margin ratio
G/P margin ratio
 OVEER THE COUNTER EXCHANGE OF INDIA

(OTCIE)
The OTC Exchange Of India (OTCEI), also known as the Over-the-Counter Exchange of India, is
based in Mumbai, Maharashtra.

It is India's first exchange for small companies as well as the first screen-based nationwide stock
exchange in India. OTCEI was set up to access high-technology enterprising promoters in raising
finance for new product development in a cost-effective manner and to provide a transparent and
efficient trading system to investors.
OTCEI is promoted by the Unit Trust of India, the Industrial Credit and Investment Corporation
of India, the Industrial Development Bank of India, the Industrial Finance Corporation of India,
and other institutions, and is a recognized stock exchange under the SCR Act.

FEATURE OF OTCIE:-
Introduced screen based trading for the first time Indian stock market.
Trading takes place through a network of computer of over the counter (otc) dealers
located at several place, to central OTC computer.
All the activities of OTC trading process was fully computerized.

SEVERES OF OTC EXCHANGE OF INDIA

OTC exchange of india introduced few new concept.
Sponsorship of companies.
Trading done in share certificates.
Marketing making.
 BULLS AND BEARS

The two most commonly used term in stock market.

A common story is that the term a bull market and bear market are derived from the way
those animal attack. Bulls are supposed to be aggressive and attacking while bear would wait
for to prey to come down.

BEAR MARKET:- a market condition in which the price of securities are falling widespread
pessimism cause the negative sentiment to be self sustaining.

Bull market:- a financial market of a group of securities in which price are rises or expected
to be rise. The term bull often used to refer to the stock market but can be applied to anything
that is traded , such a bond and commodies.
 Stock market or share market

There are basic three part in share market.

Equity or cash market.

Option market.
Future market.

The market timing is 9:30to 3:30.

1. EQUITY CASH ------- equity cash market in that market all the trade based on cash it is
also known as liquidity market .if in this market we want to buy any script so we have to
give full amount . like I want to but reliance capital at 536 so I have to give full amount
536/-
But the most important thing is that market we got the limit, limit means credit capacity
of multiple times. If I have10000/- rs. And I am getting the limit of 5, So I can do trade on
the intraday with 50000/- rs.
If I want to hold this script so I have not need to pay further amount. And if I am
investing one rupee in cash market so I can do trade with five rupee on intraday basis .

2. OPTION MARKET--------- in option market we have to pay premium like a LIC company .
If I have not efficient money to buy a script so I can buy it in option market. because in
option we have to premium to buy which is not too much.

There is two main function in option market first one is call or second one is put.

Call means positive movement in script but put means negative movement. At the last
of the month there is the expiry of the script at where the price of it would be down. We can
hold this script only for 28 days. In that market works go on lot.

3. FUTURE MARKET-------- IN future market work goes on lot, the market lot of any script is
fixed. Which is same in option and future market. the big difference between option is
that in future we have to pay margin to buy any script and we can do role over our
position.
 COMMODITY MARKET

(10:00-11:55)

There are two main part of commodity market .

1. MCX market.
2. NCDEX market.

A commodities exchange is an entity, usually an incorporated non-profit association, that

determines and enforces rules and procedures for the trading of commodities and related
investments, such as commodity futures. Commodities exchange also refers to the physical
center where trading takes place.

Multi Commodity Exchange. Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is an
independent commodity exchange based in India. It was established in 2003 and is based in
Mumbai. ... From September 28, 2015, MCX is being regulated by the Securities and Exchange
Board of India (SEBI).

National Commodity & Derivatives Exchange Limited (NCDEX) is an online commodity exchange
based in India. It has an independent board of directors and professional management, who
have interest in commodity markets.

Following types of commodities are traded on MCX

o silver
o gold
Energy
o Crude Oil
o Crude Oil Mini
o Brent Crude Oil
o Natural Gas
Agro Commodities
o Cardamom
o Cotton

IN NCDEX market agriculture product like weat, jeera, sugar, gram, guram, turmeric ,etc.
 FOREX MARKET

The forex market is non- stop cash market where currencies of nation are traded typically via
brokers. Foreign currencies are constantly and simultaneously brought and sold across local and
global market and trades investment increase and decrease in value based upon currency
movement. Foreign exchange market condition can change at any time in respond to real time
event.

The main enticement of currency dealing to private investor and attraction for short term forex
trading are :-

24 hour trading, 5 day a week with non-stop excess to global forex dealers.

An enormous liquid market making it easy to trade most currencies.

Volatile market offering profit making.

Standard instrument to control the risk.

The ability to make profit in risky market.

Many option for zero commission tradind.

FOREX MARKET-

The investor goal in forex market trading is to profit making from foreign currencies movement
currency trading always done in pairs.

For example- the exchange rate of EUR/USD on Aug 26th, 2003 was 1.0857 this number is also
referred to as a forex rate. If the investor buy the 1000 euro on that date, he would have
paid 1085.70 u.s. dollar. One year later the forex rate was 1.2083, which means that the value
of the euro increased in relation to u.s. dollar.
OBJECTIVE OF INTERNSHIP:

1. To study fundamental and technical analysis of securities in the power sector.

2. To evaluate the performance of the company.
3. To analysis the movement of the stock.
4. To evaluate the risk and return on the securities.
5. To improve my skill.

SCOPE OF THE STUDY:-

The study is to analyze the financial and future investment prospective of the key
players from the power sector of economy. The fundamental is to determine the value
of the share. The technical analysis is to predict the future stock behavior.
Rational investor always focus on maximum return which bear maximum risk. Hence,
for them well diversified equity fund are the superlative opportunity is available for the
investor.

LIMITATIONS:-

1. Data considered only for past few month.

2. Indian capital market is featured by the weak form of efficient market hypothesis.
3. The research will be confined only 7 securities in the power sector.
COMPANY PROFILE:-

Capital Builder Financial Services is a SEBI Registered investment advisory company carrying out
operations in the Indian Equities and commodity market. We generate intraday as well as
Positional calls/BTST in Stock Cash & F&O Segment in NSE & BSE, Commodities including
bullions, metals & Agro- commodities traded in MCX and NCDEX. We provide recommendations
Live through SMS & Chat room services. Our SMS facility is a very effective system which
ensures the instant message delivery without any loss of time, so the clients get sufficient time
to execute their trades in order to fetch maximum Profits.
Our philosophy is to make our customer happy with their investment. A happy face of our
customers after making profit by using our tips is our reward, asset and goodwill. We have
received lots of mail thanking us from our customers after using our useful stock tips.
Research team consists of highly qualified analysts with all Certification Required like NISM,
MBAs (Finance), Engineers and analytical experts who are skilled and impeccable in their
analysis. These analysts, using their experience and latest software, are able to predict the
movements in Equity/Commodity market in time and with a very high accuracy. As a result,
using our tips, our clients gain the most out of the financial markets.
Our Sales team is a bunch of highly dedicated and committed individuals who are trained to
support the clients and solve their queries. We also have Co-operative customer support staff
for best service to our clients.
High Quality Stock Recommendations by Top Indian SEBI Registered Investment Advisory.
Registration Number : INA000001654
We are NSIC CRISIL Rated Advisory Firm, which is an international standard that defines good
management practices & Compliances. Our CRISIL Rating : SE3B RATED.
 VISION AND MISSION

Capital Builder brings you the top Indian stock market analysts of the country every one
under one roof. It has established itself one of the premier platforms for analysts
especially technical analysts of Indian stock market. By providing the valuable stock tips
we are earning the strong reputation amongst the investors, brokers and researchers.

We also serving the intraday stock tips, future stocks, Nifty future calls, and at last we
are master in serving the short term investment stock tips.

Our philosophy is to make our customer happy with their investment. A happy face of
our customers after making profit by using our tips is our reward, asset and goodwill.
We have received lots of mail thanking us from our customers after using our useful
stock tips.
 Capital builder term and condition

1. Terms

By accessing this web site, you are agreeing to be bound by these website Terms and
Conditions of Use, all applicable laws and regulations, and agree that you are
responsible for compliance with any applicable local laws. If you do not agree with any
of these terms, you are prohibited from using or accessing this site. The materials
contained in this web site are protected by applicable copyright and trade mark law.

2. Use License

a .Permission is granted to temporarily download one copy of the materials

(information) on Capital Builder s web site for personal, non-commercial transitory
viewing only. This is the grant of a license, not a transfer of title, and under this license
you may not:
i. modify or copy the materials;
ii .use the materials for any commercial purpose, or for any public display (commercial
or non-commercial);
iii. attempt to recompile or reverse engineer any software contained on Capital Builder
web site;
iv .remove any copyright or other proprietary notations from the materials; or
v. transfer the materials to another person or mirror the materials on any other
server.

b. This license shall automatically terminate if you violate any of these restrictions.

3. Disclaimer

The materials on Capital Builder web site are makes no warranties, expressed or implied,
and hereby disclaims and negates all other warranties, including without limitation, implied
warranties or conditions of merchant ability, fitness for a particular purpose, or non-
infringement of intellectual property or other violation of rights. Further, Capital Builder does
not warrant or make any representations concerning the accuracy, likely results, or reliability of
the use of the materials on its Internet web site or otherwise relating to such materials or on
any sites linked to this site.
3. Limitations

In no event shall Capital Builder or its suppliers be liable for any damages (including,
without limitation, damages for loss or profit, monetary and/or non monetary,) arising
out of the use or inability to use the materials communicated by Capital Builder and its
Employees.
4. Revisions and Errata

The materials appearing on Capital Builder web site could include technical,
typographical, or photographic errors. Capital Builder does not warrant that any of the
materials on its web site are accurate, complete, or current. Capital Builder may make
changes to the materials contained on its web site at any time without notice. Capital
Builder does not, however, make any commitment to update the materials.
5. Links

Capital Builder has not reviewed all of the sites linked to its Internet web site and is not
responsible for the contents of any such linked site. The inclusion of any link does not
imply endorsement by Capital Builder of the site. Use of any such linked web site is at
the users own risk.
6. Site Terms of Use Modifications

Capital Builder may revise these terms of use for its web site at any time without notice.
By using this web site you are agreeing to be bound by the then current version of these
Terms of Use.
7. Governing Law

Any claim relating to Capital Builder web site shall be governed by the Indian laws,
without regard to its conflict of law provisions.
PAYMENT MODE:-

Bank Name: IDBI Bank

Name: Capital Builder Financial Services
A/C No. : 0001102000055976
RTGS/NEFT IFSC Code: IBKL0000001
Branch Name : Ratlam Kothi, Indore

Bank Name: Kotak Mahindra Bank

Name: Capital Builder Financial Services
A/C No. : 7511763097
RTGS/NEFT IFSC Code: KKBK0000751
Branch Name : Jawahar Marg, Indore

Bank Name: BOB

Name: Capital Builder Financial Services
A/C No. : 06060200001420
RTGS/NEFT IFSC Code: BARB0INDORE
Branch Name : RNT, Indore

Bank Name: PNB

Name: Capital Builder Financial Services
A/C No. : 0699002100040407
RTGS/NEFT IFSC Code: PUNB0069900
Branch Name : Manorama Ganj, Indore
Bank Name: Canara Bank
Name: Capital Builder Financial Services
A/C No. : 2074214000016
RTGS/NEFT IFSC Code: CRNB0002074
Branch Name: Manorama Ganj, Indore

Bank Name: AXIS Bank

Name: Capital Builder Financial Services
A/C No. : 916020024231297
RTGS/NEFT IFSC Code: UTIB0000043
Branch Name : Kamal Palace, Indore

DISCLAMIR:-

Capital Builder Financial Services do not accept payment in Saving A/c. Do not make any
payment into any other person personal saving account & Organization will not be responsible
for the same.

OUR CREDIBILITY

SEBI Regn.No.: INA000001654

 Refund policy

At Capital Builder Research we value our customers and are committed to providing best
services. Our clients need to realize that we do not offer a 100% guarantee on our calls and
hence cannot offer any refund on subscriptions regardless of the individual clients
performance.

Please note that all sales are final. Capital Builder Research offers 2 days worth of free trial and
evaluation for our clients to ensure that our products and services will meet their needs before
they pay for a subscription. By accepting and taking advantage of the free trial and making a
payment for the subscription, you agree that there will be ABSOLUTELY NO REFUNDS and/or
CANCELLATIONS.

We ask our esteemed customers to fully evaluate the free trials for 2 days and ensure that the
product satisfies their expectations. Once a service has been subscribed to and a payment has
been made for the same, the client will start receiving the calls that they asked for. If for some
unforeseen reason, the client is not satisfied with our services, they may call us to seek
direction on future calls. We will out our best effort to increase the satisfaction levels in such
cases. However, any request by the client to cancel a service or get a refund will NOT be
accepted in any case.

In an unlikely event that after payment, service for a client is not started for technical reasons
beyond the control of Capital Builder research or if Capital Builder Research decides not to start
service for a specific client, the client will be paid back the amount as soon as it is possible. This
will not be applicable if the client is not able to receive sms on the number provided by the
client because of clients DND status. If the records from our SMS service provider indicate that
service sms were sent to the number that client provided, we will deem that as delivery of
service from our end and will not entertain request for refund based on non delivery of SMS.
We advise our clients to de-register from DND either before making a payment or as soon as
the service is started.

*** NO REFUND POLICY ***

We strongly recommend that before making a payment, our visitors and potential clients,
please:
Read all information about our products, services and support given to our clients.

Evaluate the quality of our services by taking our 2 days free trial.

Visit About Us and Past Performance sections on our website

 Analysis and interpretation of the data

Analysis of the data is the process of inspecting, cleaning, transforming and modeling data with
the goal of highlighting useful information, suggestion, conclusion and supporting decision
making. Data analysis has multiple facts and approach encompassing diverse technique under a
variety of names in different business science and social science domains.

TATA STEEL

Share price detail of Tata steel

For the year ended 2016-2017

Face value 10
Market capitalization cr. 57957.31
52 week high 605.95
52 week low 354.90

The face value of Tata steel is 10 per share. There market capitalization is Rs. 57957.31 Cr. The
highest value for 52 week is Rs. 605.95 AND THE LOW FOR THE 354.90

Pay out ratio of TATA STEEL

FOR THE YEAR 2016-2017

EPS 34.76
Dividend 100
Dividend yield 1.68
Industry P/E 16.01
 LINE CHART OF TATA STEEL

CANDIL STICK CHART OF TATA STEEL

 RSI CAHRT OF TATA STEEL

MOVING AVERAGE CHART OF TATA STEEL

Conclusion:-
The study detail with share and share trading gives a general idea about the
analysis of stock. The analysis carried on two basis, fundamental analysis and technical analysis.
Technical analysis show the short term trend based on historical data and fundamental analysis
decision making for long term investment. From the analysis it is found that the chart prepared
on the basis of the share price, with the support of technical tool shows all the trend and
variation as interpreter in the theory. In the analysis using moving average the script is in bullish
trend if the price lying below the moving average the script is in bearish trend. Technical
analysis is the based solely on the chart that is the say price and volume information. The
investor has to invest wisely on the scrip which gives high return with most possible risk.
 Strenght Weakness

High return High risk

Large Cant predict
investment future
Secure the Based on the
future losses fluctuation

SWOT Analysis

Threat
Opportunity
Recession
Marketing is
New
providing new government
opportunity Bubble burst
and new option Fluctuate dollar
to invest price
 CAPITAL BUILDER TRAKE SHEE

RECOMMENDED
DATE SCRIP NAME POSITION QUANTITY TGT 1 TGT 2 TGT 3
RATE

11-Aug-2017 BAJELEC LONG 3000 312 314

11-Aug-2017 BAJFINANCE LONG 2000 1680 1685 1690 1695
11-Aug-2017 MINDTREE LONG 3000 453.5 455.5 458 461
11-Aug-2017 KSCL SHORT 2000 519 516 513
11-Aug-2017 INDIACEM LONG 3000 180 181 183
10-Aug-2017 BBTC LONG 2000 888 891 895 900
9-Aug-2017 IPCALAB SHORT 2000 442.5 440 437.4 435
9-Aug-2017 APTECH LONG 2000 224 219.5
8-Aug-2017 BHARATFORG LONG 2000 1180 1184 1192 1198
8-Aug-2017 RIIL SHORT 2000 442.7 440.7 436 433
8-Aug-2017 IGL SHORT 2000 1185 1181 1176 1171.75
8-Aug-2017 IPCALAB LONG 2000 468 470
7-Aug-2017 CHOLAFIN LONG 2000 1201 1205 1208.95
7-Aug-2017 JSWSTEEL LONG 2000 231 232
7-Aug-2017 RAJESHEXPO LONG 2000 744 737
4-Aug-2017 CADILAHC SHORT 2000 531 529 526 525
4-Aug-2017 HINDALCO LONG 2000 223.5 224.5 225.9
4-Aug-2017 EIDPARRY LONG 2000 335 330
3-Aug-2017 OROMANDEL LONG 2000 464.5 466 467.5 468
3-Aug-2017 COLGATE LONG 2000 1045 1049 1054 1060
3-Aug-2017 SIEMENS LONG 2000 1380 1385 1391
2-Aug-2017 ICICIBANK LONG 2000 304 302.3
2-Aug-2017 STRTECH LONG 2000 220 221.9
2-Aug-2017 MOTHERSUMI LONG 2000 333 335
1-Aug-2017 IOC LONG 2000 375 372

It is the daily based data which is gives to the client on the basis of their investment and their
services. Basically company provide the three type of the service first one is the basic service
second one is the premium service and third one is the HNI service. The big difference between
this service is that, of their accuracy and their price. In basic service they provide the 75% to
80% accuracy and in premium service 80% to 90% and in the HNI service maximum 99% .
Company hierarchy
 TABLE OF CONTENT

PARTICULAR:-

1. Industry profile.

2. Overview on Indian stock market.

3. Company profile.

4. Company term and condition.

5. Company profile.

6. Company track sheet.

7. Technical analysis.

8. Company product.

9. Market sentiment.

10. Method of issuing the share.

11. SWOT analysis.

12. Self experience.

13. Conclusion.

14. Bibliography.
 BIBLIOGRAPHY

Reference Books:

1. Bharti V. Pathak, The Indian Financial System, Pearson Education [India] Ltd. 2 nd Edition,
Year 2006.

2. V. K. Bhalla, Investment Management, New-Delhi, Sultanchand & Sons Publication, 10th

Edition, Year 2004.

3. Prasanna Chandra, Investment analysis & Portfolio Management, New-Delhi, The McGraw
Hill Company Ltd. 6th edition, year 2006.

4. Gordon & Natarajan, The Financial Markets & Services, New-Delhi, Himalya Publishing
House, year 2007.

5. Dr. G. Ramesh Babu, The Financial services in India, New-Delhi, Concept Publishing
Company. Year 2005

6. B. S. Bhatia and G. S. Batra, Management of Capital Markets, Financial Services and

Institutions, New-Delhi, Deep & Deep Publication Pvt Ltd. Year 2001.

7. Dr. M. L. Varma, Foreign Trade Management In india, Vikas Publishing House Pvt. Ltd. Year-
1999.

8. Meir Kohn, Financial Institutions and Market, Tata MC Graw-Hill Publication, Year-1999.

9. E. Philip Davis, Benn Steil, Institutional Investors, MIT Press, Year- 2004.

10. Theodor Baums, Richard M. Buxbaum, Klaus J. Hopt, Walter de Gruyter Institutional
investors and corporate governance, , 1994.
Magazines

1. The Capital Market

2. Dalal Street Investment

3. India Today

4. Business Standard

5. Economic and Political Weekly

6. Money and Finance

7. Indian Economic Review

8. The World Economy

9. The Developing Economies

News Papers

1. The Economic Times

2. Business Standard

3. The Times of India

4. The Finance Express

Research Reports

1. Marwadi Shares and Finance Limited 2.

2. Angel Broking
3. 3. Saurashtra Kachchh Stock Exchange

Web-Sites
1. www.BSEIndia.com
2. www.Capitaline.com
3. www.Capitalmarket.com
4. www.Wekipidia.com
5. www.CNBC.com
6. www.Moneycontrol.com
7. www.Indiainfo.com
8. www.googlebook.com
 Market sentiment

Market sentiment is the overall attitude of investors toward a particular security or financial
market. Market sentiment is the feeling or tone of a market, or its crowd psychology, as
revealed through the activity and price movement of the securities traded in that market. For
example, rising prices would indicate a bullish market sentiment, while falling prices would
indicate a bearish market sentiment.

BREAKING DOWN 'Market Sentiment

Market sentiment is also called "investor sentiment" and is not always based on fundamentals.
It is important to day traders and technical analysts that use technical indicators to measure
and profit from the short-term price changes often caused by investors' attitudes toward a
security. Market sentiment is also important to contrarian investors that like to trade in the
opposite direction of the prevailing sentiment. For example, if everyone is buying, a contrarian
would sell.

Market Sentiment Indicators

Market sentiment is generally described as bearish or bullish. When bears are in control, stock
prices are going down. When bulls are in control, stock prices are going up. The market is driven
by emotion so market sentiment is not always synonymous with fundamental value. That is,
market sentiment is about feelings and emotion, whereas fundamental value is about business
performance.

Traders make money by finding stocks that are overvalued or undervalued based on market
sentiment. Investors and traders use various indicators to measure market sentiment to
determine the best stocks to trade. Some of these indicators include the CBOE Volatility Index
(VIX), 52 week High/Low Sentiment Ratio, Bullish Percentage, 50-day moving average and 200-
day moving average.
 Self experience

I am Vishnu SAHU from management department from medicaps university indore (m.P.) I
completed my internship from capital builder. Which makes other capital. It is an advisory firm
which is situated in indore at palasia. As a told that it is advisory firm which provided the
financial advisory in Indian financial market like in stock market, commodity market and forex
market and mutual fund also.

When I did work their so it make changed my thinking regarding to share market. there is a
very cooperative training system. Which makes us confident to communicate with other.

When I worked with this company not only I learned the financial system, also about the the
company management. It is very difficult to manage all the sector of the company. I was in sales
department where I had to sell company services to the investor. This sell out service was on
telephonic support at where we had to conveyance the differet type of the people. Because
single call which we made they mostly belong to the Gujrat and South india. It was very difficult
to agree them. But more important is that whatever the product your selling in the market you
should fully knowledge about your product and service. Really at the starting it was boring but
when I learned this so it become excitement. It was self achievement to make a payment
because a person who is making payment to the company without knowing you.

I am very lucky that I got the chance to learn both marketing and the finance. Thank you
medicaps and the capital builder.