Professional Documents
Culture Documents
What is Equity?
Features
Equity is Based on
Demate Accounts
Investors Accounts 11966928 Dp Service Center - 13969 Investors Accounts 7862627 Dp Service Center - 10675
FY 2010
FY 2020
India
16
1,190
1%
Gold Silver
Player In Market
Bank Broker
Advantages
Personalized service, comes & picks up your form as & when you wish low cost service provider Ease of transacting anytime, anywhere in the globe No blas towards products since he/she does not sell them Well trained to after you advice across multiple asset classes Large organization with strong research capabilities ability to advice across assets
Disadvantages
Cannot advice across multiple asset classes
2. Internet
No personal touch
3. Pure Advisor
4. Financial Planner 5. Brokerage House
/Bank
For execution, you have to approach someone else If your portfolio size is small, you may not be able to afford him Lacks personal touch relationship managers could change very oftern
Research
Advisory
Distribution
Process Excellent
Technology
Operation
Employment
Customer
Ministry of Finance
IRDA Insurance
SEBI
Stock Exchange/ Broker/ Advisors
RBI
Banks/ NBFC
DP CC Brokers
DP
Broker
Sellers
Buyers
Sellers
Derivatives????
Future
Option
Call
Buyer
Put
Investors
1. Long term
Trader
1. Short term
3. Follows Technical Analysis 3. Trades with sharp loses & price Target
Government Securities
Long term market borrowing of the government Largest segment of the debt market Issued by RBI & Subscribed banks, primary dealers & Institutions
Corporate Bonds
All listed debt securities issued by banks, PSU undertakings, Municipal Corporations, Bodies Corporate & Companies Issued by the above entities mostly through private placement route
Bond market prices are inversely related to the market yields, when market yields go up, bond market price falls & Vice Versa
The sensitivity of bonds market price to change in yield is given by its modified duration, higher the duration of the bond, more sensitivity it is to yield changes, vice
versa
Macro & Micro economic scenarios Inflation expectations Money supply in the system
Government Bonds
Central Government
State Government
State Development Loan
G-Sec 10 yr
10yr
Money Market
Corporate Bonds
Corporate Bonds
Commercial Papers
Certificate of Deposits
Derivatives
Derived from another Security or overnight rates Interest rate swaps Traded in OTC market
Trading
Done by telephonic negotiation between counterparties (OTC Market) Order Matching Reported on the Negotiated Dealing System Credit risk or Issuer risk
It is the risk that the issuer will not pay the coupon income and/or the maturity amount on the specified dates.
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Debt Market www.nseindia.com Equity Market Thank You Krunal & Raxit