Syllabus

Course Code: MC 407    Course Name: Optional Group II (Finance & Taxation) - Stock Market Operations

MODULE NO / UNIT COURSE SYLLABUS CONTENTS OF MODULE NOTES
1 Security Markets: Primary and secondary market; Primary market – its role and functions; Methods of selling securities in primary market; New financial instruments; SEBI guidelines for public issues; Stock exchanges; Listing of securities in stock exchanges; Trading mechanism – screen based trading; Internet based trading.
National Stock Exchange and Bombay Stock Exchange – role, organization and management; Listing procedure, Accounting records for buying/selling transactions; Nature of transactions – cash and forward; Settlement of trades. Share Price Indices: Need and importance; Compiling of index numbers and interpretation.
Depository: Role and need; The Depositories Act, 1996; SEBI (Depositories and Participants Regulation) 1996; SEBI (Custodian of Securities) Regulation 1996; National Securities Depository Ltd. (NSDL).
Derivative Trading: Future and options – concept, meaning and importance, Methods of trading; Valuation of options.
Raising funds from International Markets: FITs, Euro issues, ADR’s, GDR’s and FDI; SEBI guidelines.
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