In the current scenario, investing in equity markets is a major challenge even for seasoned professionals. This book is targeted at undergraduate students of B.Com., (Financial Markets). The book offers conceptual clarity, in-depth coverage and the Indian context with its emphasis on a student-friendly approach and an attempt to demystifying the tough subject. The book elaborates the basics of investment and different forms of securities of the Indian stock markets. The functioning of the secondary market and how an investor goes about buying and selling the stocks is presented in a lucid way in this book. The major stock exchanges and their trading pattern are depicted clearly in Chapter 9. Chapter 5, expounds SEBI and its role in the stock market. Chapters 6,7 and 8, exclusively deals with the different aspects of Security Analysis. The theoretical tenets and the assessment of the value of the stocks are presented in Chapters 6,7 and 8. The chapter on fundamental analysis gives systematic approach for estimating the present and future worth of stocks through economic industry company analysis. Chapter 8, explores the various methods adopted by technical analysts to study the stock price movement. The chapter on efficient market theory portrays the efficient markets and the theory of random walk.
It gives us immense pleasure to introduce this book on `Equity Market − II` to the teachers and students of Second Year B.Com., (Financial Markets), Semester IV. The book fully covers the syllabus, as prescribed by the University of Mumbai.
Dr. P.G. Gopalakrishnan holds to his credit Masters in Law (Gold Medalist from Mumbai University), Masters in Commerce (Second in University merit), M.Phil. and Ph.D. in Commerce (Banking and Finance) from Mumbai University. He is a Research guide to M. Phil. and Ph.D. students and claims to be senior student forever in life. He is also a Fellow Member of the Institute of Chartered Accountants of India (ICAI), an Associate Member of the Institute of Company Secretaries of India (ICSI) and Member of Indian Management Association. He has three decades of teaching and has varied experience of profession and industry. He is currently the Principal of SIWS College in Mumbai and this involved various Charitable, Cultural and Social Activities.
Prof. (Mrs.) Nandini Jagannarayan holds to her credit M.Phil. (Commerce), Master of Applied Finance (MAF) from University of Western Sydney, Australia and Masters in Economics with second distinction in University from Avinashilingam University, Coimbatore, Tamilnadu. Currently, working as Associate Professor, Head of the Department of B.Com. (Banking and Insurance) of the R.J. College of Arts, Science and Commerce, Ghatkopar, Mumbai. She has extensive training and experience in Banking, Finance and Investments from India and abroad. Mrs. Nandini Jagannarayan co-authored 12 books in Finance with Dr. Gopalakrishnan. She has presented 28 research papers in various national and international level conferences and has published 17 research papers in UGC Care listed Journal and 2 papers in Scopus indexed Journal.
