WEALTH AND INVESTMENT MANAGEMENT : (MGT-216)
Dr. Shweta Anand By: HukumSingh Devendar Gautam Naveen Kumar Vijay Singh Vikash Chaudhary Yashpal
SCHOOL OF MANAGEMENT
GAUTAM BUDDHA UNIVERSITY
1. Executive Summary
Background of Stock Exchange in India
3. Theory of Share Market
4. Major Players
5. Methodology of Study
6. Objectives of Study
7. Comparative Study of Online trading portals
This project as a whole can be divided into two parts.
❖ First part gives an insight about online trading and Dematerialization account. What is share trading and how buying and selling takes place. For trading, it is mandatory for us to have a demat or dematerialization account. How to open a demat account and what all documents are required was part of our study.
Various terms used in share market such as bears and bulls, intraday, delivery, settlement, index, etc.
❖ The second part of project represents the major players of India and a small comparative analysis has been done on their basis of services given by these different online trading portals with their brokerage rates, annual maintenance charges, account opening charges and customer base.
Background of Stock Exchange of India
The emergence of stock market can be traced back to 1830. In Bombay, business passed in the shares of banks like the commercial bank, the chartered mercantile bank, the chartered bank, the oriental bank and the old bank of Bombay and shares of cotton presses. In Calcutta, Englishman reported the quotations of 4%, 5%, and 6% loans of East India Company as well as the shares of the bank of Bengal in 1836. This list was a further broadened in 1839 when the Calcutta newspaper printed the quotations of banks like union bank and Agra bank. It also quoted the prices of business ventures like the Bengal bonded warehouse, the Docking Company and the storm tug company.
Between 1840 and 1850, only half a dozen brokers existed for the limited business. But during the share mania of 1860-65, the number of brokers increased considerably. By 1860, the number of brokers was about 60 and during the exciting period of the American Civil war, their number increased to about 200 to 250. The end of American Civil war brought disillusionment and many failures and the brokers decreased in number and prosperity. It was in those troublesome times between 1868 and 1875 that brokers organized an informal association and finally as recited in the Indenture constituting the “Articles of Association of the Exchange”. On or about 9th day of July,1875, a few native brokers doing brokerage business in shares and stocks resolved upon forming in Bombay an association for protecting the character, status and interest...