Lovely Professional University, PunjabCourse Code Course Title Course Planner Lectures Tutorials Practicals CreditsMGT959 STOCK MARKET OPERATIONS 14760::Bhavdeep Singh Kochar 3.0 0.0 0.0 3.0Course Category Courses with numerical and conceptual focus

TextBooks Sr No Title Author Edition Year Publisher NameT-1 Capital Markets Dealer Module National Stock Exchange 1st National Stock Exchange

Reference BooksSr No Title Author Edition Year Publisher NameR-1 Securities Market Basic Module

(Revised)National Stock Exchange 1st National Stock Exchange

R-2 Indian Financial System Varshney and mittal 4th 2007 SULTAN CHAND & SONS

Other Reading

Sr No Journals articles as Compulsary reading (specific articles, complete reference)OR-1 A Study on Investors' Reaction towards Share Buyback in India. By: Mohanty, Munmun; Panda, Shradhanjali. European Journal of Social Science. Jun2011, Vol.

22 Issue 2, p193-201 , OR-2 Stock's Misvaluation, Growth Opportunity and the Performance of Open-market Stock Repurchases. By: Lee-Young Cheng; Yue-Ling Fan. International Research

Journal of Finance & Economics. 2010, Issue 41, p137-151 , OR-3 Stock Market Reaction to Unexpected Growth in Marketing Expenditure: Negative for Sales Force, Contingent on Spending Level for Advertising. Full Text

Available By: Kim, MinChung; McAlister, Leigh M. Journal of Marketing. Jul2011, Vol. 75 Issue 4, p68-85 , OR-4 Financial system security: Harshad Mehta and the billion dollar scam, By: Goyal Preeti, Dhamija Sanjay. Asia case research centre. Accessed from

HBSP.HARVARD.EDU , OR-5 Economic Growth, Expected Stock Returns and Volatility: A Case of Indian Stock Market. Full Text Available By: Kumar, Rakesh; Tamimi, Mohammad.

International Journal of Applied Economics & Finance. 2011, Vol. 5 Issue 4, p257-268 , OR-6 Cross-Sectional Dispersion in the Indian Stock Market. Full Text Available By: Maheswaran, S.; Balasubramanian, G.; Yoonus, C. A. Decision (0304-0941).

Dec2011, Vol. 38 Issue 3, p68-101 , OR-7 The Indian Stock Market. http://www.investopedia.com/articles/stocks/09/indian-stock-market.asp#axzz1Rrnx8cba ,

Relevant WebsitesSr No (Web address) (only if relevant to the course) Salient FeaturesRW-1 http://www.moneycontrol.com/portfolio_plus/sso/portfolio_signup.php Students can make their online virtual portfolio on this link.

RW-2 http://www.youtube.com/watch?v=2THRfatZSwo&fea ture=related Live stock trading/video

RW-3 http://www.youtube.com/watch?v=YXlCu8QTddw&fe ature=fvw Stock Investment tips/videoRW-4 http://www.indiaipo.com/details.php?type=Current% 20IPO# A Complete Database of IPO's

RW-5 http://www.capitalmarket.com/MarketBeat/nsmargin.htm Window Operations

RW-6 http://www.capitalmarket.com/MarketBeat/nsmargin.htm Margin Claculations

RW-7 http://www.bseindia.com/mktlive/bhavcopy.asp Access to Daily bhav Copy

RW-8 http://www.managementparadise.com/forums/stock - marketstips- gyan/24338-how-fill-up-your- ipo-application.html

Steps for form filling to become member of stock exchange.

RW-9 http://www.iepf.gov.in A website of ministry of corporate affairs regarding Investor protection rights

RW-10 http://www.nseindia.com/sub-brokers Forms to become sub broker

RW-11 http://www.sharemarketbasics.com/Terms/index-C.php Stock Market Glossary

RW-12 http://www.altiusdirectory.com/Finance/nsccl.html NSCCL details

RW-13 http://www.bseindia.com/downloads/RegionalStockExchanges .pdf RegionalStockExchange

RW-14 http://www.nseindia.com/content/members/mem_subbroker.ht m sub broker membership

Week Number

Lecture Number

Broad Topic(Sub Topic) Chapters/Sections of Text/reference books

Other Readings,Relevant Websites, Audio Visual Aids, software and Virtual Labs

Lecture Description Learning Outcomes Pedagogical ToolDemonstration/ Case Study / Images / animation / ppt etc. Planned

Week 1 Lecture 1 Securities Market of India(Primary and Secondary Market)

T-1:Chapter 1R-1:Chapter 2

R-2:Chapter 12

RW-1 Introduction to various primary and secondary market instruments

Student will get the basics of IPO, FPO, etc and how trading is done in secondary market

VideoTrading basicshttpwwwyoutubecomwatchv0O8uM9WERM

Lecture 2 Securities Market of India(Primary and Secondary Market)

T-1:Chapter 1R-1:Chapter 2

R-2:Chapter 12

RW-1 Introduction to various primary and secondary market instruments

Student will get the basics of IPO, FPO, etc and how trading is done in secondary market

VideoTrading basicshttpwwwyoutubecomwatchv0O8uM9WERM

Lecture 3 Securities Market of India(Government Securities Market)

R-1:Chapter 4 RW-3 Various Government securities and bonds and their risk

Students will learn what are riskfree instruments and how they are traded

Detailed Plan For Lectures

LTP week distribution: (LTP Weeks)Weeks before MTE 7

Weeks After MTE 6

Spill Over 2

Week 2 Lecture 4 Trading Membership on Stock Exchange(Eligibility for Stock-broker and sub-broker membership on Stock Exchange)

T-1:Chapter 2 RW-8 Eligibility criteria for a person to become stockbroker and subbroker on National Stock Exchange

Students will come to know all the eligibility criteria regarding education, capital,etc required to become member of stockexchange

VideoSub broker membership

Lecture 5 Trading Membership on Stock Exchange(Eligibility for Stock-broker and sub-broker membership on Stock Exchange)

T-1:Chapter 2 RW-8 Eligibility criteria for a person to become stockbroker and subbroker on National Stock Exchange

Students will come to know all the eligibility criteria regarding education, capital,etc required to become member of stockexchange

VideoSub broker membership

Lecture 6 Trading Membership on Stock Exchange(Registration procedure on NSE and BSE)

R-1:Chapter 2 RW-10RW-14

The detailed procedure for registration as a trading member on NSE and BSE

Students will learn how, they can get themselves registered on NSE and BSE as trading member

Week 3 Lecture 7 Trading Membership on Stock Exchange(Registration procedure on NSE and BSE)

R-1:Chapter 2 RW-10RW-14

The detailed procedure for registration as a trading member on NSE and BSE

Students will learn how, they can get themselves registered on NSE and BSE as trading member

Lecture 8 Trading Mechanism on Stock Exchange(Introduction to NEAT and BOLT)

T-1:Chapter 3 The software used in NSE and BSE viz NEAT and BOLT will be explained

Students will learn how at backend online trading is done and how to use the same for trading

VideoBSEhttpwwwyoutubecomwatchvlGy2nwItsjw

Lecture 9 Trading Mechanism on Stock Exchange(Introduction to NEAT and BOLT)

T-1:Chapter 3 The software used in NSE and BSE viz NEAT and BOLT will be explained

Students will learn how at backend online trading is done and how to use the same for trading

VideoBSEhttpwwwyoutubecomwatchvlGy2nwItsjw

Week 4 Lecture 10 Trading Mechanism on Stock Exchange(Market Phases)

T-1:Chapter 3 RW-11 Various market phases viz open and close

Students will learn the significance of open and close market phases and how and by whom trading is done in those phases

Videostock Trading

Lecture 11 Trading Mechanism on Stock Exchange(Market Phases)

T-1:Chapter 3 RW-11 Various market phases viz open and close

Students will learn the significance of open and close market phases and how and by whom trading is done in those phases

Videostock Trading

Week 4 Lecture 12 Trading Mechanism on Stock Exchange(Market Watch, Security Descriptor, Market by Price, Previous Trades, Outstanding Orders, Activity Log, Order Status, Snap Quote, Market Movement, Market Inquiry)

T-1:Chapter 3 RW-5 Previous Trades, Outstanding Orders, Activity Log, Order Status, Snap Quote, Market Movement, Market Inquiry

Students will learn to check various market terminologies like snap quote, market inquiry, etc from the software

Video on market window operations

Week 5 Lecture 13 Trading Mechanism on Stock Exchange(Market Watch, Security Descriptor, Market by Price, Previous Trades, Outstanding Orders, Activity Log, Order Status, Snap Quote, Market Movement, Market Inquiry)

T-1:Chapter 3 RW-5 Previous Trades, Outstanding Orders, Activity Log, Order Status, Snap Quote, Market Movement, Market Inquiry

Students will learn to check various market terminologies like snap quote, market inquiry, etc from the software

Video on market window operations

Lecture 14 Order Manaement(Entering Orders, Order Modification, Order Cancellation & Order Matching)

T-1:Chapter 3 OR-3 How to enter, modify and cancel the trading orders

Students will learn how market price of a liquid security is discovered by order matching and will learn to enter, modify and cancel orders

Video on trading

Lecture 15 Order Manaement(Entering Orders, Order Modification, Order Cancellation & Order Matching)

T-1:Chapter 3 OR-3 How to enter, modify and cancel the trading orders

Students will learn how market price of a liquid security is discovered by order matching and will learn to enter, modify and cancel orders

Video on trading

Week 6 Lecture 16 Order Manaement(Trade management- Trade Modification & Trade Cancellation)

T-1:Chapter 3 OR-2 How trading is done on stock exchange

Students will learn to do trading on NSE and BSE

Lecture 17 Order Manaement(Trade management- Trade Modification & Trade Cancellation)

T-1:Chapter 3 OR-2 How trading is done on stock exchange

Students will learn to do trading on NSE and BSE

Lecture 18 Auction(Entering auction orders) T-1:Chapter 3 What is auction market and what are the timings of the same

Students will learn the basics of Auction market and its functionality

Week 7 Lecture 19 Auction(Entering auction orders) T-1:Chapter 3 What is auction market and what are the timings of the same

Students will learn the basics of Auction market and its functionality

Lecture 20 Auction(Modification, matching and cancelling or auction orders)

T-1:Chapter 3 RW-2 Matching of orders in the auction market

Students will learn how to modify or cancel orders in auction market and how order matching is done in auction market

Week 7 Lecture 21 Auction(Modification, matching and cancelling or auction orders)

T-1:Chapter 3 RW-2 Matching of orders in the auction market

Students will learn how to modify or cancel orders in auction market and how order matching is done in auction market

MID-TERMWeek 8 Lecture 22 Clearing and Settlement(Securities

settlement and settlement cycle)T-1:Chapter 4 OR-5

OR-6Settlement of securities and settlement cycle

Students will come to know the intermediaries involved in the settlement cycle and its whole process

Lecture 23 Clearing and Settlement(Securities settlement and settlement cycle)

T-1:Chapter 4 OR-5OR-6

Settlement of securities and settlement cycle

Students will come to know the intermediaries involved in the settlement cycle and its whole process

Lecture 24 Clearing and Settlement(Role of NSDL and CDSL in funds settlement and shortages handling)

T-1:Chapter 4 OR-7 Apex bodies in settlement of securities

Students will learn the role and functioning of NSDL and CDSL as settlement agencies of NSE and BSE

Video on NSDL and CDSL

Week 9 Lecture 25 Clearing and Settlement(Role of NSDL and CDSL in funds settlement and shortages handling)

T-1:Chapter 4 OR-7 Apex bodies in settlement of securities

Students will learn the role and functioning of NSDL and CDSL as settlement agencies of NSE and BSE

Video on NSDL and CDSL

Lecture 26 Risk containment measures(Capital Adequacy Requirements)

T-1:Chapter IV Capital adequacy requirements for being a member

Student will learn the requirements for being member of stock exchange of various segments in terms of capital adequacy

Lecture 27 Risk containment measures(Margins, Settlement Guarantee, No-Delivery Period)

T-1:Chapter 4 RW-6 what are margins and how are they settled

Students will learn how risk is mitigated by margins and how this margin is calculated by various methods

Slide show

Week 10 Lecture 28 Homework 2

Lecture 29 Risk containment measures(Dematerialisation And Electronic Transfer of Securities and NSCCL.)

T-1:Chapter 4 Role of NSCCL in clearing and dematerialisation of securities

Students will come to know the process of dematerialisation and how securities are transferred electronically

Week 10 Lecture 30 Risk containment measures(Dematerialisation And Electronic Transfer of Securities and NSCCL.)

T-1:Chapter 4 Role of NSCCL in clearing and dematerialisation of securities

Students will come to know the process of dematerialisation and how securities are transferred electronically

Week 11 Lecture 31 Depositories Act(Depositories Act, 1996 (Role and functioning of NSDL &CDSL))

T-1:Chapter 5 Various features of depositories Act, 1996

what are the various provisions in clearing and settlement as per depositories act, 1996

Lecture 32 Depositories Act(Depositories Act, 1996 (Role and functioning of NSDL &CDSL))

T-1:Chapter 5 Various features of depositories Act, 1996

what are the various provisions in clearing and settlement as per depositories act, 1996

Lecture 33 Depositories Act(Income Tax Provisions w.r.t. Stock market transactions)

T-1:Chapter 5 What are the various income tax provisions in trading of securities

Students will learn to calculate tax obligations in case of various security transactions

Slide show by teacher

Week 12 Lecture 34 Homework 3

Lecture 35 Fundamental valuation Concepts(Time value of money)

T-1:Chapter 6 How time value of money is calculated

FVIFA, PVIFA, etc

Lecture 36 Fundamental valuation Concepts(Understanding Financial Statements)

T-1:Chapter 6 How to analyze financial statements of a company

Students will learn to read and analyze financial statements of a company by various methods

Week 13 Lecture 37 Fundamental valuation Concepts(Understanding Financial Statements)

T-1:Chapter 6 How to analyze financial statements of a company

Students will learn to read and analyze financial statements of a company by various methods

Lecture 38 Contemporary issues in Capital Markets(Reforms in Secondary Market)

R-2:Chapter 12 OR-1RW-13

Various reforms in secondary market introduced till date to facilitate trading

Students will come to know about various reforms introduced by policy makers to enhance liquidity and bring reforms in the economy and their implications

Lecture 39 Contemporary issues in Capital Markets(Policies related to FII's)

R-2:Chapter 12 Understand FIIs and various policies related to it

Students will understand the concept of FIIs and the policies related to the same

Slide show

SPILL OVERWeek 14 Lecture 40 R-1:Chapter 5 OR-4 Financial system security

Harshad Mehta and the billion dollar scam

Students will learn about the Harshad Mehta scam and the loopholes prevelant in the system at that time

Case study

Lecture 41 R-1:Chapter 5 Derivatives Meaning Students will have the basic understanding of derivatives market and its functionality

Scheme for CA:Component Frequency Out Of Each Marks Total Marks

Homework 2 3 10 20

Total :- 10 20

Details of Academic Task(s)AT No. Objective Topic of the Academic Task Nature of Academic Task

(group/individuals/field work

Evaluation Mode Allottment / submission Week

Homework 1 To develop stock picking skills of students

Student are suppose to analysis the share price of given companyalong with the movement of Sensex , Calculate their P/E ratio,Debt/ Equity ratio, Growth in sales and profit, Market share of Co.along with its competitors and major events affecting companyshare price for the last three years period.

Individual Quality of content in the report [10],Analysis of company performance [10] and Suggestions for the company [10]=Total [30]. 2000- 3000 words or 4to 6 pages

3 / 4

Homework 3 To test the knowledge and subject understanding of students

A class test to be conducted of duration 45 minutes from Unit 6 to 10

Individual Test should have six questions of 5 marks each.Total=30

11 / 12

Homework 2 To test the understanding of subject

A class test of 45 minutes to be conducted to evaluate the basic concepts from Unit 6 and unit 7

Individual Test should have six questions of 5 marks each.Total=30

8 / 9