Akash Brahmbhatt
Akash Brahmbhatt
Akash Brahmbhatt
SUBMITTED BY
NAME
ENROL. NO.
::-
Akash Brahmbhatt
61
SUBMITTED TO
AHMEDABAD INSTITUTE OF TECHNOLOGY
CERTIFICATE
This is to certify that a financial Report of Analysis of investment in stock market is
submitted by Akash Brahmbhatt to the Ahmedabad Institute of technology affiliated
to Gujarat Technological University in the partial fulfillment of the completion of
practical studies of the requirement of the completion of practical studies of second
semester M.B.A. programme.
Project In-Charge
External
________________
__________
Declaration
I, Akash Brahmbhatt, Roll No. 61 students of Semester
II Ahmedabad Institute of Technology (AIT-MBA) hereby declare that I have
successfully completed this project on Analysis of investment in stock market in
the academic year 2011-2013.
I declare that this submitted work is done by me and to
the best of my effort; no such work has been submitted by any other person for the
award of degree.
I also declare that all the information collected from
various secondary and primary sources has been duly acknowledged in this project
report.
ACKNOWLEDGEMENT
(2)
With thanks
Place: Ahmadabad
PREFACE
EXECUTIVE SUMMARY
This report will give you the perfect understanding of the
various investments could be done by investors. I have made the research on the topic
Analysis of investment in stock market.
Assignments assign to me:
The very first assignment assigned to me was to understand whole working and
policies of the organization.
Daily Analysis of share prices of several companies.
Survey on various investment options.
Marketing of the organization.
TABLE OF CONTENTS
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PARTICULAR
PAGE NO.
Company Profile
Establishment of Vishesh Capital
Research Methodology
About Vishesh capital
History of Stock Market
History of Indian Stock Market
Exchanges in India
Establishment of BSE
Establishment of NSE
Regulation of Exchanges
Reason for establishment of SEBI
Introduction of Analysis and stock
Introduction of Investment
Characteristics of Investment
Importance of Investment
Investment Avenues
Classification of Investment in stock Market
Classification in terms of Market Capitalisation
Portfolio
Risk and Return in Investment Avenue
Testing of Hypothesis
Analysis of questionnaire
Findings
Conclusion
Learning
Bibliography
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21
22
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Company Profile
Company Name
Branch Office
Corporate Office
Registered Office
Slogan
Promoters
Name of Directors
Board of director
RESEARCH
METHODOLOGY
Statement of problem
10
Research Design
For any researcher the research methodology is the most
important criteria to decide before the actual research process starts. The Research
Ahmedabad Institute of technology
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Design for this report is Descriptive because it provides all the opportunities to cover
all the aspects that are required to conduct the research and get an appropriate outcome.
Hypothesis
A hypothesis is a proposed explanation for an observable phenomenon. The
various hypotheses tested in this research are mentioned below:
Methodology
a. Data collection sources:
Primary:
12
Statistical tools: Tests such as chi-square test and ANOVA were used to analyze
data and test the hypotheses
Assumption
The research was based on the following assumptions:
The selected samples represent the whole population.
We have assumed that people who were selected for survey would give true
responses while filling the questionnaire.
The selected samples are those where some are not familiar of investment in share
market.
Beneficiary of study
It will be helped to the people for understanding the concept of investment and
use of it for making better future & maximum return.
To understand the human thoughts behind the investment in stock market. Why
they are investing here & why they are not investing here.
It is beneficiary to the common man whoever can get some idea about the
investment in stock market.
As part of our future it will help us for our financial planning.
Limitation of study
Personal bias:
Some people may have had personal bias due to which they
may not have given the correct information and due to which
the right conclusion may not be have been derived at.
Sample size:
The Sample size taken is only 50; which may not result in
Very accurate results.
13
Time limit:
The time limit taken for conducting the research was less, it
could also be one of the limitations of the study.
14
Vishesh Capital
V Rise
V= Visionary
I
15
Mission
To be recognized and respected as the special choice of investors and clients for
entire gamut of financial services by helping them realizing their dreams of
creating and preserving.
Vision
To become a top class financial powerhouse by providing excellent financial
services and innovative products applying best practices with global standards of
technology, expertise, knowledge, solutions and client servicing through a nationwide network.
Incorporated: - 1987
BSE Membership: - 1997
NSE membership: - 1998
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17
Wealth Management
IPO Advisory
18
Single Screen customized market-watch for MCX / NCDEX with BSE / NSE.
19
:-
1840
:-
1850
:-
1860
1862-63
1874
:::-
1875
:-
1880
1894
::-
Exchanges in India
1. Bombay Stock Exchange
2. National Stock Exchange of India
3. Indian Commodity Exchange
4. United Stock Exchange of India
5. Multi Commodity Exchange
6. MCX Stock Exchange
20
Establishment of BSE: -
21
Securities Contract Regulation Act, 1956, BSE Limited has had an interesting rise to
prominence over the past 133 years.
While BSE Limited is now synonymous with Dalal
Street, it was not always so. The first venues of the earliest stock broker meetings in
the 1850s were in rather natural environs - under banyan trees - in front of the Town
Hall, where Horniman Circle is now situated. A decade later, the brokers moved
their venue to another set of foliage, this time under banyan trees at the junction of
Meadows Street and what is now called Mahatma Gandhi Road. As the number of
brokers increased, they had to shift from place to place, but they always overflowed
to the streets. At last, in 1874, the brokers found a permanent place, and one that
they could, quite literally, call their own. The new place was, aptly, called Dalal
Street.
In 2002, the name "The Stock Exchange, Mumbai"
was changed to Bombay Stock Exchange. Subsequently on August 19, 2005, the
exchange turned into a corporate entity from an Association of Persons and renamed
as Bombay Stock Exchange Limited.
Establishment of NSE: -
22
Regulation of Exchanges
The Government of India in 1992 with SEBI Act
1992 being passed by the Indian Parliament. SEBI is headquartered in the business
district of Bandra Kurla Complex in Mumbai, and has Northern, Eastern, Southern
23
and Western regional offices in New Delhi, Kolkata, Chennai and Ahmedabad
respectively.
The Securities and Exchange Board of India was
established on April 12, 1992 in accordance with the provisions of the Securities
and Exchange Board of India Act, 1992. Initially SEBI was a non statutory body
without any statutory power. However in 1995, the SEBI was given additional
statutory power by the Government of India through an amendment to the Securities
and Exchange Board of India Act 1992. In April, 1998 the SEBI was constituted as
the regulator of capital markets in India under a resolution of the Government of
India.
The SEBI is managed by six members, i.e. by the
chairman who is nominated by central government & two members, i.e. officers of
central ministry, one member from the RBI & the remaining two are nominated by
the central government. The office of SEBI is situated at Mumbai with its regional
offices at Kolkata, Delhi & Chennai.
24
This ever expanding investor population led to variety of malpractices on the part
of companies, brokers, investment consultant & others involved in the security
market.
The unfair practices have eroded investor confidence & multiplied investor
grievance.
The government & stock exchanges were rather helpless in redressing investors
problem because of lack of proper panel provisions in the existing legislation.
In the year 1988, the Rao committee suggested on regulation authority for getting
foreign investment in India & for the security purpose, under Mr.Narsimha rao.
So it was decided to set up a SEBI a separate legal Body.
Introduction of Analysis
Analysis is the process of breaking a complex topic or
substance into smaller parts to gain a better understanding of it. A systematic
examination and evaluation of data or information, by breaking it into its component
parts to uncover their interrelationships. An examination of data and facts to uncover
and understand cause-effect relationships, thus providing basis for problem solving and
decision making. An investigation of the component parts of a whole and their
relations in making up the whole.
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Introduction of Stock
The goods kept on the premises of a business or warehouse
and available for sale or distribution. An instrument that signifies an ownership
position in a corporation, and represents a claim on its proportional share in the
corporation's assets and profits. Ownership in the company is determined by the
number of shares a person owns divided by the total number of shares outstanding. For
example, if a company has 1000 shares of stock outstanding and a person owns 50 of
them, then he or she owns 5% of the company. Most stock also provides voting rights,
which give shareholders a proportional vote in certain corporate decisions.
INTRODUCTION OF INVESTMENT
Investment is the activity, which is made with the
objective of earning some sort of positive returns in the future. It is the
commitment of the funds to earn future returns and it involves sacrificing the
present investment for the future return.
Every person makes the investment so that the funds he
has increases as keeping cash with himself is not going to help as it will not
26
generate any returns and also with the passage of time the time value of the
money will come down.
As the inflation will rise the purchasing power of the
money will come down and this will result that the investor who does not invest
will become more poor as he will not have any funds whose value have been
increased. Thus every person whether he is a businessman or a common man will
make the investment with the objective of getting future returns.
TYPES OF INVESTMENT
There are basically three types of investments from
which the investors can choose. The three kinds of investment have their own risk and
return profile and investor will decide to invest taking into account his own risk
appetite. The main types of investments are: Economic investments:These investments refer to the net addition to the capital
stock of the society. The capital stock of the society refers to the investments made in
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27
plant, building, land and machinery which are used for the further production of the
goods.
This type of investments are very important for the development of the
economy because if the investment are not made in the plant and machinery the
industrial production will come down and which will bring down the overall growth of
the economy.
Financial Investments:This type of investments refers to the investments made
in the marketable securities which are of tradable nature. It includes the shares,
debentures, bonds and units of the mutual funds and any other securities which is
covered under the ambit of the Securities Contract Regulations Act definition of the
word security. The investments made in the capital market instruments are of vital
important for the country economic growth as the stock market index is called as the
barometer of the economy.
28
Statistical Organization (CSO) regularly takes the study of the investments made in the
household sector which shows that the level of consumptions in the domestic markets.
CHARACTERISICS OF INVESTMENT
Certain features characterize all investments. The following are the main characteristic
features if investments: 1. Return: All investments are characterized by the expectation of a return. In fact, investments
are made with the primary objective of deriving a return. The return may be received in
Ahmedabad Institute of technology
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the form of yield plus capital appreciation. The difference between the sale price & the
purchase price is capital appreciation. The dividend or interest received from the
investment is the yield. Different types of investments promise different rates of return.
The return from an investment depends upon the nature of investment, the maturity
period & a host of other factors.
2. Risk: Risk is inherent in any investment. The risk may relate to loss of capital, delay in
repayment of capital, nonpayment of interest, or variability of returns. While some
investments like government securities & bank deposits are almost risk less, others are
more risky. The risk of an investment depends on the following factors.
1 The longer the maturity period, the longer is the risk.
2 The lower the credit worthiness of the borrower, the higher is the risk.
The risk varies with the nature of investment. Investments in ownership securities like
equity share carry higher risk compared to investments in debt instrument like
debentures & bonds.
30
IMPORTANCE
In the current situation, investment is becomes necessary for everyone & it is important
& useful in the following ways:
1. Retirement planning: Investment decision has become significant as people
retire between the ages of 55 & 60. Also, the trend shows longer life expectancy. The
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32
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investor in his choice of investment will give a balanced growth & stability of return?
The investor in his choice of investment will have try & achieve a proper mix between
high rates of return to reap the benefits of both.
For example: 1 Fixed deposit in corporate sector
2 Unit trust scheme
34
35
B
o
M
n
T ua t
x
S uh ae d
R s
l t el r
e Fde a
u l
nE s
d t a
t e
I n
v e s
t m
e n t
I
n
s
u
r
a
n
c e
D
e r
i v
a t
i v
e s
E
q
L
u
D ia
e tn
p yd
o
s i
t s
On the above diagram the each one investment are understand in details as under,
which are as following.
Insurance
In a broad sense, life insurance may be viewed as an investment.
Insurance premiums represent the sacrifice & the assured sum the benefit. In India, the
important types of insurance policies are:
Health Insurance
General Insurance
A. Fire Insurance
Ahmedabad Institute of technology
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B. Motor Insurance
C. Marine cargo
Life insurance
A. Endowment assurance policy
B. Money back policy
C. Whole life policy
D. Term assurance policy
Deposit
It is just like fixed income securities earn a fixed return. However,
unlike fixed income securities, deposits are negotiable or transferable. The important
types of deposits in India are:
A. Bank deposits
B. Company deposits
C. Postal deposits
Real Estate
For the bulk of the investors the most important asset in their
portfolio is a residential house. In addition to a residential house, the more affluent
investors are likely to be interested in the following types of real estate:
A. Agricultural land
B. Semi-urban land
Tax sheltered
37
It provides benefits to those who participate in them. The most important tax sheltered
saving schemes in India is:
A. Employee provident fund scheme
B. Public provident fund schemes
C.
38
Unlike equity shares, preference shares entitle the holder to dividends at fixed rates subject
to availability of profits after tax. If preference shares are cumulative, unpaid dividends
for years of inadequate profits are paid in subsequent years. Preference shares do not
entitle the holder to ownership privileges such as voting rights at meetings.
Equity Warrants
These are long term rights that offer holders the right to purchase equity shares in a
company at a fixed price (usually higher than the current market price) within a specified
period. Warrants are in the nature of options on stocks.
39
Commodities
The modern commodity markets have their roots in the trading of
agricultural products. While wheat and corn, cattle and pigs, were widely traded using
standard instruments in the 19th century in the United States.
A commodity is a basic good representing a monetary value.
Commodities are most often used as inputs in the production of other goods or
services. With the advent of new online exchange, commodities can now be traded in
futures markets. When they are traded on an exchange,
Commodities must also meet specified minimum standards known as basic grade.
Types of Commodities
Precious Metals
Base Metals
Energy
:
:
:
40
Pulses
Spices
Others
:
:
:
wish to diversify from the traditional options like shares, bonds and portfolios. The
Government has made almost all commodities entitled for futures trading. Three multi
commodity exchanges have been set up in the country to facilitate this for the retail
investors. The three national exchanges in India are:
41
Debt Market
The debt market is the market where debt instruments are
traded. Debt instruments are assets that require a fixed payment to the holder, usually
with interest. Examples of debt instruments include bonds (government & corporate)
and mortgages.
The equity market is the market for trading equity
instruments. Stocks are securities that are a claim on the earnings and assets of a
corporation. An example of an equity instrument would be common stock shares, such
as those traded on the National Stock Exchange.
Instruments in the Indian Debt Market
Commercial Paper
Commercial paper is a short term, unsecured instrument
issued by corporate bodies (public & private) to meet short-term working capital
42
requirements. Maturity varies between 3 months and 1 year. This instrument can be
issued to individuals, banks, companies and other corporate bodies registered or
incorporated in India.
Debentures
The debentures are usually issued by manufacturing companies with
physical assets, as secured instruments, in the form of certificates They are assigned a
credit rating by rating agencies. Trading in debentures is generally based on the current
yield and market values are based on yield-to-maturity. All publicly issued debentures are
listed on exchanges.
43
rate is pre-specified and the investor only bids for the quantity. In most cases the
coupon is paid semi-annually with bullet redemption features.
Bonds
Most of the institutional bonds are in the form of promissory
notes transferable by endorsement and delivery. These are negotiable certificates, issued
by the Financial Institutions such as the IDBI/ICICI/ IFCI or by commercial banks.
These instruments have been issued both as regular income bonds and as discounted
long-term instruments (deep discount bonds).
Mutual Fund
44
Portfolio
Meaning of portfolio: The term portfolio refers to any collection of financial assets
such as stocks, bonds and cash. Portfolios may be held by individual investors and/or
managed by financial professionals, banks and other financial institutions. It is a
generally accepted principle that a portfolio is designed according to the investor's risk
tolerance, time frame and investment objectives.
45
time, with a view to suit his risk and return preference to that of the portfolio that he
holds.
Types of portfolio:
In portfolio Design, we are considering only two types of portfolio. They are as follow:
1. Random Portfolio
2. Sector Portfolio
Random portfolio
Random portfolio consists of the scripts that are
randomly selected by the investor by its own knowledge and preference of the
stocks. Here there is no analysis is done of the script, they are selected on the tips
and buts received by the investors from the external sources.
46
Hypotheses
Hypotheses 1
Ho: People are investing in share market.
H1: People are not investing in share market.
Testing
of
fo
12
14
6
6
Ahmedabad Institute of technology
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4
fe
11.52
14.08
6.4
6.48
7.92
47
3.6
( fo fe)2/ fe
Total
18
22
10
50
Hypothesis
0.02
0.00045
0.025
0.0356
Vishesh Capital Pvt. Ltd.
0.0008
0.11
0.19185
where :
f o f e
k number of categories
c = number of parameters estimated from the sample data
48
=5
Significance level= 0.05
Referring to the table of Chi-square test, the value 11.071 is obtained which is
higher than the calculated value.
As can be seen 2 tab 2 cal i.e. 11.071 0.19185
Thus, Ho is accepted. Alternate Hypothesis is rejected.
Here on above hypothesis, we accept Ho hypothesis
which means people are investing in stock market so we reject the alternate
hypothesis. According to my research people are investing in stock market so
alternate hypothesis rejected which means according to null hypothesiss
interpretation is the true is rejected & wrong is accepted. So that the research says
that people are investing in the stock market.
Hypotheses 2
Ho: People are investing in Government security.
H1: People are not investing in Government security.
Preference for Investment
Observed N
Expected N
Residual
26
25.0
1.0
24
25.0
50Test Statistics
-1.0
Government
Private
Total
.080a
Df
Asymp. Sig.
.777
Ahmedabad Institute of technology
Vishesh Capital Pvt. Ltd.
a. 0 cells (.0%) have expected 49
frequencies less than 5. The
minimum expected cell frequency is 25.0.
Referring to the table of Chi-square test, the value 0.080 is obtained which is
higher than the calculated value.
As can be seen 2 tab 2 cal i.e. 0.080 < 0.777
Thus, Ho is rejected. Alternate Hypothesis is accepted.
50
Questionnaire Analysis
As my analysis of 50 questionnaires, we make an analysis of different questions as
under.
People are invest in different area
Common
Particular
Fix Deposit
Post Office
National saving
certificate
Ahmedabad Institute of technology
Real Estate
Insurance
Mutual Fund
Investment
Investment of
people
34
19
51
4
Vishesh Capital Pvt. Ltd.
7
27
11
40
35
30
25
20
15
10
5
0
34
27
19
11
Investment of people
Particular
Investment of
people
Gold
12
Silver
14
Equity Market
29
52
35
29
30
25
20
15
14
12
10
5
0
Gold
Silver
Equity Market
Investment of people
INTERPRETATION:
As above the Common investment graph, we can analyze
that most of people have trust to invest in fixed deposit because it gives secured return.
And after that, people are select insurance to investment. Thus post office, mutual fund,
real estate, national saving certificate are in the descending forms. When we talk about
investment in stock market, research says that people those are investing in stock
market they are investing in equity more than silver & gold as my analysis.
People are invest in different sector
Particular
Preference of
people
Government
26
Private
24
Total
50
53
26.5
26
26
25.5
25
24.5
24
24
23.5
23
Government
Private
Prefrence of people
Particular
Yes
No
Total
Invest in stock
market
32
18
50
54
32
30
25
18
20
15
10
5
0
Yes
No
Interested in stock market
INTERPRETATION:
My survey of 50 samples says that 32 people are investing
in stock market when 18 people are not investing in share market which is exhibiting
in the graph. This indicates that around 64% of people are investing in stock market by
directly or indirectly in long term or in speculation. When there is also one group of
society around 36% people, they dont want to invest in stock market because of
volatility of market, family restriction, some people also got huge loss in past, due to
risk, no proper guidance etc. These are basic reason due to which they dont have trust
in stock market.
55
No. of People
6
3
4
2
Vishesh Capital Pvt. Ltd.
3
18
No. of People
7
6
5
4
3
2
1
0
No. of People
INTERPRETATION:
People are not investing in share market because they believing some
reason due to risk & uncertainty of market, no proper guidance, restriction of
family & they also invest in other sources. When I met this people for my research
then I knew that some people are not investing because of they got huge loss in
past in stock market. I got reason that some investor victim of improper advise.
Highest numbers of people are not investing in stock market due to risk concern.
No. of people
12
6
18
56
NO. OF PEOPLE
14
12
10
8
NO. OF PEOPLE
6
4
2
0
Yes
No
INTERPRETATION:
In the research I knew that due to lack of proper advise people
are not investing in market, so I ask them this question for their for knowing scope of
them to invest in stock market. With the help of this I knew that 12 people out of 18
people who denying for the investment in stock market when 6 people are ready that if
they will get proper advise then that they will invest here.
No. people
11
8
5
3
2
3
32
57
12
11
10
8
8
6
2
0
3
2
0 to 4
5 to 8 9 to 12 13 to 16 17 to 20 20 and >
No. people
Particular
Online
Offline
Both
Total
Investors'
Trade in
15
32
58
16
15
14
12
10
8
6
4
2
0
Online
Offline
Both
Investers' Trade in
INTERPRETATION:
As the above graph we can see that online trading is most
preferable by people in the stock market. 15 people are follow online trading, 8 people
are follow offline trading where 9 people are follow both method of trading. It has
been proved that online trading is accurate because we can see on this terminal. While
offline trading makes misunderstanding sometimes.
Risky methods for trading
Particular
Risky
Online
14
Offline
18
Total
32
59
18
14
15
10
5
0
Online
Offline
Risk
INTERPRETATION:
As the above graph, we can conclude that 18 people
believe that offline trading is risky while other believes that online trading is risky.
Because of fluctuation on terminal those people who invest in stock market, they think
that online trading risky. But this risk is more psychologically. Some people think that
offline trading is risky because sometime it happens that broker move away from the
terminal at that time client make fix deal with broker with his beneficial price and thus
broker make loss. According to their different perception by different people they
believe their own advantage.
Various ways of dealing in stock market
Particular
Method of
Investment
Intraday
10
Delivery
18
Derivative
Total
32
60
20
18
16
14
12
10
8
6
4
2
0
18
10
Intraday
Dilivery
Derivative
Method of Investment
INTERPRETATION:
As the above graph, we can conclude that out of total 32
investor, 18 people use delivery for trading while 10 people use intraday and other use
derivative. So we can say that delivery base method is mostly preferable by people. Due
to uncertainty of risk in intraday so people are preferable deliveries. Some people
playing intraday but at the end of day they make loss so they go to the delivery base.
Particular
Investment by
People
Commodity
10
Equity
18
Currency
61
Others
Total
32
20
18
18
16
14
12
10
10
8
6
4
2
0
1
Commodity
Equity
Currency
Others
Investment by People
INERPRETATION: Those people who are investing in stock market, the highest
number of people investing in equity with 18 people out of 32 people. Equity is first
preference of investors in stock market then commodity, Currency respectively.
Particular
Yes
Daily
10
Weekly
Monthly
62
Long Term
12
Total
32
14
12
12
10
10
8
4
4
2
0
Yes
1
Daily
Weekly
Monthly
Long Term
INERPRETATION: Most of people prefer to invest in long term base even brokers
also. This is also first preference of brokers because against the comparison with
intraday where people also can go in heavy loss in one day. Long term is more secure
than daily intraday transaction. Some people invest here from their income like 5 to
100% as per their occupassion like job, brokers on the base of it. Brokers speculate
daily where job person transact weekly, monthly or long term.
No. of people
21
11
32
63
No. of people
25
20
15
No. of people
10
5
0
Yes
No
INERPRETATION:
There are large number of people are saying that they think about
brokerage before investing. There are also some people they said that they dont think
about the brokerage whatever they should pay for transaction because they think that
their money should not be lost. For this reason, proper advise for investment they are
ready for the payment of high brokerage.
Findings
As my research analysis, I reach at some findings which are as below,
64
As my project analysis I find in the market that there are various type of
investment prevailing like Fixed Deposit, insurance, Mutual Fund, Post Office,
Real Estate, Land, Gold, Silver, Bonds & equity.
Above all investment,
I find that there are risk & return in most of the
investments. Those people who are investing in stock market they also invest in
common investment like F.D., insurance, post office, NSC etc. because
government investment are safer, securable and there is less chance in loss of
money.
Because of various types of risk & fluctuation in stock
market most of people go through delivery & people who want to take risk they all
are go through intraday & delivery.
After understanding the various concepts about what are
the investments option and what are the risks associated with the various
investment avenues.
If one does not have enough knowledge, expertise &
analytical capabilities then one should avoid going for direct equity investment as
the chances of loss increases. And the other very important aspect is the regular
monitoring of the portfolio and reviewing is also an important aspect that one
needs to pay close attention to.
Those people who are investing in long term they have good
chance of getting higher return this takes huge time but when investor gets return,
it is unexpected! I see lots of higher return example within these training days.
When there are another people also there they highly lose their money in log
Ahmedabad Institute of technology
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term! Some people have no concern with brokerage. They think that they will
satisfy with low return but they dont want to lose their saving. So that they are
ready for paying high brokerage for their investment advisor.
Insurance is another good option for investment by people
because after end of the premium people can get their money back & they also
take the advantage of income tax exemption. So they give preference for it.
The share market is very lucrative but when you make your
right decision for investment so that we can make good return therefore we can
say that future can be find in past.
Most of the people are aware about equity market but not
about debt market. Equity market in spite of its fluctuation also, attracts numerous
people to invest in it. People prefer to invest in equity market due to high returns
in short time because people are ready to take risk for their investments. On the
other hand debt market do have fixed but low rate of returns. This is also a
drawback faced by debt market. There are people who want to invest in fixed
returns investments. But due to lack of knowledge they do not know about all the
options like debentures, bonds are available.
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deals in delivery period transactions they are not much concerned about brokerage
rate. Because they only want satisfied return, they dont want to lose money. As I
see in market, delivery brokerage is higher than the intraday transaction.
Those people who want to invest in intraday than fluctuate
market or fluctuate share is more beneficial for them. It suggests that the customers are
ready to invest money in equity and commodity market which is more risky than
mutual fund.
So we can easily say that the investment in equity market is
subject to market risk and anyone having long-term investment horizon should only
enter into equity market. Most of customer is mostly risk taker and price.
Conclusion
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Learning
My purpose of internship at the company was to know the
actual market prevailing in the economy. To learnt the different ups and downs of
the market for various reasons. When I was about to finish my training, a
responsibility assign to me. Its for giving guidance to new trainees. I was
supposed to teach them what my mentor taught me. I gave them direction
according to my knowledge and my experience. It was great experience for me to
do. And in the same time it was very difficult for me. So it also increases my
Knowledge during this period. So it was very good experience I learnt during my
training in Vishesh capital. It was great time with them.
I learnt many things but still there many things which I could not
learn because of short span of time. And I think I myself have done well there and
tried to learn different things. And further I would like to work with Vishesh
capital to learn more things. I learn how intraday, delivery transaction is done,
how deal with customer, what market situation is best for transaction in intraday.
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Questionnaire
Based On research of
Real Estate
Land
Insurance
Bonds
Mutual Fund
Other
Private
No
Restriction of family
Investment in other sources
any other reason (Please
Specify) ______________
B) If proper guidelines provided, would you like it to investment in stock market?
Yes
No
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IF YES,
4. Since how many years you have been investing in stock market?
___________________________________________________
5. How do you trade in stock market?
Online
Offline
Both
6. In what type of trade in stock market do you think is risky?
Online
Offline
7. What % of earning do you invest in stock market?
_______________________________________________________
8. What type of method for investment do you follow?
Intraday
Delivery
Derivatives
9. In what of type of market instrument do you invest?
Commodity
Currency
Equity
Other
10. How often do you trade?
Daily
Weekly
Monthly
Long term
11. What % of brokerage on investment do you pay?
Intraday
_______%
Delivery _______ %
Derivatives_______ %
12. Does brokerage affect your decision?
Yes
No
13. Recommendation
______________________________________________________
______________________________________________________
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Bibliography
www.visheshcap.com
www.nseindia.com
www.bseindia.com
www.sebi.gov.in
www.wikipedia.org
www.investopedia.com
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