Diese Präsentation wurde erfolgreich gemeldet.
Die SlideShare-Präsentation wird heruntergeladen. ×

Capital Market and Investment Avenues-B.V.Raghunandan

Weitere Verwandte Inhalte

Ähnliche Bücher

Kostenlos mit einer 30-tägigen Testversion von Scribd

Alle anzeigen

Ähnliche Hörbücher

Kostenlos mit einer 30-tägigen Testversion von Scribd

Alle anzeigen

Capital Market and Investment Avenues-B.V.Raghunandan

  1. 1. Capital Market and Investment Avenues -B.V.Raghunandan, SVS College, Bantwal Management Development Programme Sahyadri College, Adyar-Mangalore-India November 12, 2011 Page 1
  2. 2. Capital Market • A market for long-term funds • Securities having a life of more than one year • Based upon the interpretation of the Tax Laws and Public Finance Page 2
  3. 3. Securities in the Capital Market • Equity Shares • Preference Shares • Debentures • Bonds • Innovative Bonds or Preference Shares Page 3
  4. 4. Equity Shares: A Unique Investment • Regular Income by way of Annual Dividend, Interim Dividend, Special Dividend, Surplus Dividend • Capital Appreciation by way of Bonus Shares • Capital Appreciation by way of Increase in market value • Benefits from Corporate Action like share splitting, sponsored ADR, M&A • Real Time knowledge of prices Page 4
  5. 5. Segments of Equity Market Secondary Market: Stock Primary Market: IPO Exchange Page 5
  6. 6. Transactions in Stock Market • Cash Market • Derivatives Market: - Futures and Options Page 6
  7. 7. Investor Education: The Most Difficult Exercise • Converting emotional decisions into rational decisions • Convincing them about long-term investment • Exposure to analysis of financial information • Wisdom not to be moved by the vested opinions • ignore the concept of loss of profit Page 7
  8. 8. Traditional Retailers • Geographic concentration: Gujarat, Rajastan, and West Bengal • Community Biased: Parsis, Marwadis, Chettiars, GSBs and Brahmins • Urban Concentration • Broker Dominated with broker participating in the sale and purchase Page 8
  9. 9. Change Agents • Dhirubhai Ambani of Reliance Industries70s • IT Companies of the 80s • Media Companies of the 90s • Establishment of SEBI in 1988 • Establishment of NSE in 1994 • Entry of FIIs • Dematerialisation • Corporate Brokerage • Shorter Period of Allotment in Book-Building • Shorter Settlement Cycle Page 9
  10. 10. Investment in Primary Market • Study the Prospectus • Management Profile • Product Profile • Premium • Risk Factors • History of the Company • Industry Profile • Do not look at the response to the Issue Page 10
  11. 11. Opportunities • Infrastructure projects • Commercial Agriculture • Bio-Technology • Pharma-Research and Pharmaceuticals • Hospitals and Hospitality • Power Sector Development • Shipping and Ship-Building Page 11
  12. 12. Stock Exchange: Strategies • Buy in the Depressed Market • Understand the Seasonality of Market • Understand the Weekly Behavior of the Market • Invest for Life Time or for Generation • Sell only in a Boom Market • Select Dividend Paying Companies Page 12
  13. 13. Things to be Avoided • Acting on Tips • Avoid Speculation and Day Trading • It should not become a Full Time Occupation • Avoid Derivative Trading • Avoid borrowing and investing • Do not park short term funds • Avoid Distress or Emergency Sale Page 13
  14. 14. Opportunities • More Inflow of FII money • Better public finance through disinvestment • Gains for the Government through recapitalisation of banks • More Venture Capital Participation • Larger body of retailers • More stable operations Page 14
  15. 15. Investment Avenues • Corporate Securities • Medals and Others • Government • Bank Deposits Securities • Small Savings • Mutual Funds • Introduction of Capital • Exchange Traded for Starting Firms, Funds Private Limited • Real Estate Companies and • Gold Public Limited Companies • Old Coins & Stamps Page 15
  16. 16. THANK YOU Page 16

×