The document is a report comparing the broking services provided by Indian banks. It finds that the National Stock Exchange and Bombay Stock Exchange are the largest stock exchanges in India. SMC Global Securities is one of the largest brokerage firms in India, offering online trading across various exchanges. The report analyzes SMC's products and services and compares it to competitors like ICICI Direct and HDFC Securities. It surveys investors and finds that most prefer NSE and BSE, with equity being the most popular security. SMC has an advantage over rivals due to its long experience and not requiring margins for trading.

1. SUMMER INTERNSHIP REPORT
ON
COMPARISON OF BROKING SERVICES PROVIDED BY INDIAN BANKS
Submitted To: Submitted By:
School of Commerce and Management Ravi Singh
MBA III Semester
UID: K13389

2. INTRODUCTION
Indians have been traditionally known for their savings habits. Savings is closely related to
investment which contributes to economic stability and development of an individual as well as
nation. The economic development of a nation is reflected by the progress of the various
economic units, broadly classified into corporate sector, government, and household sector. The
Indians, in general, tend to spend less than the income and save the maximum possible amount
from the regular income for minimizing the future risk. The economic development is achieved by
effectively planning and maintains the financial system of the nation. The financial system is a
composition of various institutions, markets, regulatory bodies. The performance of financial
system of any country depends on the performance of financial markets. This report discusses the
antecedent and development of stock exchange. This reoprt organized the key strengths of the
Indian securities market. Following the online share trading trends are discussed and also
investors’ behaviour, attitude and decision making are presented in this chapter.

3. FIANANCIAL SYSTEM IN INDIA

4. SECURITY MARKET
The securities market is a major component of the capital market, dominated by industrial
securities. The market where securities are traded known as Securities market. It consists of two
different segments namely primary and secondary market. The primary market deals with new or
fresh issue of securities it also known as new issue market whereas the secondary market
provides a place for purchase and sale of existing securities and is often termed as stock market
or stock exchange.
The secondary market deals with all types of securities. The secondary market is known
as stock market or stock exchange an provides a place for regular sale and purchase of different
types of securities like shares, debentures, bonds & government securities and is an organised
market where all transactions are regulated by the rules and laws of the concerned stock
exchanges in India. Presently, there are 23 stock exchanges in India including BSE, NSE. The
Securities Exchange Board of India (SEBI) registered as 582 stock broking company in India
depository participants of CDSL as on Jan 2014.The BSE and NSE are the two Stock Exchanges,
which enjoy nation-wide coverage and handle most of the business in securities in the country.
From the population over one billion, barely 18 million investing in equity markets, According to
SEBI data, 10 cities contributed over 80% of trading volume in 2016.

5. The organised security market in India is a comparatively recent development. In the year 1933, only
three cities namely Bombay, Calcutta and Ahmedabad in India had Stock Exchanges.
NATIONAL STOCK EXCHANGE
 The National Stock Exchange of India Limited (NSE) is a
Mumbai-based stock exchange. It is the largest stock
exchange in India and the third largest in the world in
terms of volume of transactions.
 NSE is mutually-owned by a set of leading financial
institutions, banks, insurance companies and other
financial intermediaries in India but its ownership and
management operate as separate entities.
 In March 2016, the NSE had a total market capitalization
of US$ 1.41 trillion making it the second-largest stock
market in South Asia in terms of market-capitalization.
BOMBAY STOCK EXCHANGE
 The Bombay Stock Exchange Limited (Marathi)
(formerly, The Stock Exchange, Mumbai; popularly
called The Bombay Stock Exchange, or BSE) is the
oldest stock exchange in Asia. It is located at Dalal
Street, Mumbai, India.
 The Bombay Stock Exchange was established in 1875.
There are around 3,500 Indian companies listed with
the stock exchange, and has a significant trading
volume. At October 2016, the market capitalization of
the BSE was about Rs. 33.4 trillion (US $ 730 billion).
 The BSE SENSEX (SENSITIVE INDEX), also called
the "BSE 30", is a widely used market index in India
and Asia. As of 2016, it is among the 2nd biggest stock
exchanges in the world in terms of transactions
volume.

6. WHAT IS STOCK ?
"Stock Market" is a term that is used to refer both to
the physical location for buying and selling stocks,
and to the overall activity of the market within a
certain country. When you hear "The stock market was
down today," it refers to the combined activity of
many stock exchanges.
The correct term for the physical location for
trading stocks is the "Stock Exchange." A country may
have many different stock exchanges. Usually a
particular company's stocks are traded on only 1
exchange.
WHY DO INVESTORS BUY STOCKS ?
Generally, investors buy stocks because they believe that
the company will continue to grow - and thus the value of
the stock will rise too.
Buying the stocks of already
well-known companies is relatively safe, but investors
who acquire stock in a new company are facing a much
more substantial risk. but they have much more to gain
too. For instance, those people who bought Microsoft
shares in the 80s and kept them for a long time saw an
exponential rise in their value - something most investors
only dream of.

7. STOCK EXCHANGE OF
INDIA
 NCATIONAL STOCK EXCHANGE
 BOMBAY STOCK EXCHANGE
 MULTI COMMODITY EXCHANGE
 CALCUTTA STOCK EXCHANGE
 COCHIN STOCK EXCHANGE
 DERIVATIVES EXCHANGE
 OTC EXCHANGE
 PUNE STOCK EXCHANGE
 INTERCONNECTS EXCHANGE
WHO IS A BROKER?
A broker is a member of a stock
exchange, who is permitted to do
equity trades in there. Broker is
enrolled member of the exchange and
is registered with SEBI. In other word
broker is an intermediate person (or a
company) between an investor and a
stock exchange. They buy & sell
shares and other securities for
investors in stock market. Please note
that an investor cannot direct deal with
stock exchange

8. COMPANY PROFILE
Incorporated in 1994, SMC Global Limited is a leading
financial services company in India offering services
across brokerage, investment banking and wealth
management.
SMC Global has a presence in India as well as
internationally through offices in Dubai. They have huge
network of 50+ branches and 2,400 registered sub-brokers
and authorized persons with a PAN-India presence.
SMC's Online Trading portal is one stop financial
investment portal of SMC Global Ltd. They offers online
trading in Equities, Derivatives, Currency, Commodities,
IPOs, Mutual Funds and Bonds, etc.
SMC Global Trades In: NSE, BSE, MCX, NCDEX and
MCX-SX
20016
Best Broker with In-
house Research
(Bullion)
Achieving market
leadership (order of
merit)
Best in NBFC of the
year (Northern
Region)
2015
Best Financial
Service Provider
Property Consultent
of the Year
Best Real Estate
Broker of the Year
Best Broking house
for SMEs
2014
Best Equity Broking
house - Derivative
Segment
Best Commodity
Broker
India's Biggest
Market Analyst
(Commodity
Fundamentals)
Best Merchant
Banker
2012
Best Equity Broking
House
Best Currency
Broker
SMC Broking Vertical- Recent Achievements

9. SMC BROKING VERTICAL PRODUCTS & SERVICES
 Sub-Brokership / Authorized Person
(Equity, commodity and Currency)
 Direct Retail Trading & Demat
Account (Equity, commodity and
Currency)
 Remisier -BDR (Equity, commodity
and Currency)
 DSA (Equity, commodity and
Currency)
 Stock SIP
 Nation Pension Scheme
 Corporate Hedging Desk, Corporate
Client Group
 International Markets Broking
(SAXO Bank)
 NRI and FPI Services in trading
 DGCX Trading and Clearing Services
 Clearing Services in Equity Cash,
Equity Derivatives, Currency
Derivatives and Commodities
 Institutional Broking
 Research Services – Algo Trading
 Online Trading Facility (Equity,
commodity and Currency)
 Mobile Trading Facility
 TAB trade Facility
 Free Back Office Software
 Online Mutual funds
 Online IPO
 Auto Trender- Technical Trends
Software
 Call-n- Trade Facility
 Effective RMS system
 Centralized Customer Care Desk
 Training program by way of regular
Investor Awareness Seminars
 Technical & Fundamental reports on
Equity/ Commodity/ Currency
Segments
 Highly efficient trading platform with
cost effective connectivity options

10. LEARNING FROM INTERNSHIP
 THE BUSINESS MODULE OF OUR EXPANSION OPERATED BY AUTHORISED PERSON
An entity (Individual, Company or Partnership Firm) with good
social and business contact with business bent of mind can
become our Authorised Person. Riding on the brand image,
market awareness and the expertise of SMC, the Authorised
Persons can start their own businesses more easily and
efficiently. However the minimum entry age is 21 years. We
offer lucrative terms and conditions for all interested to join
hand with SMC as Authorised Person
OUR 360 DEGREE SUPPORT MODEL
• Marketing and promotional support
• Back office support
• Research Support
• RMS Support
• Technical Support

11. COMPETITOR OF SMC & ICICI DIRECT, HDFC SECURITIES, SBICAP SECURITIES
 Account Type
 Supported Exchange
 Trading Account Opening
Fees
 Demat Account Opening
Fees
 Demat Account AMC
 Equity Delivery
Brokerage
 Equity Intraday
Brokerage.
 Minimum Brokerage
Charges
 SEBI Charges
 GST
 3 in 1 Account
 Mobile Trading
 Automated Trading
 Margin Trading Funding
Available
 24/7 Customer Service
COMPARISON OF BROKING SERVICES PROVIDED BY INDIAN BANKS
COMPRASION CRITERIA

12. MARKET SHEAR AS PER PUBLIC PREFENCE
a) NSE b) BSE c) MCX d) NCDEX
NSE
BSE
MCX
NCDEX
38
35
22
5
38
35
22
5
Sales Column1

13. Awareness Regarding Online Trading
30%
70%
AWARE UNAWARE
SECURITY IN WHICH PEOPLE
INVEST
28%
20%
13%
31%
8%
SECURITY
Equity Mutual Fund Fixed Deposit Insurance Others

14. BEST BROKERAGE HOUSE
9%
20%
21%25%
16%
9%
Share khan
India Bulls
ICICI Direct
SMC
Angel Broking
Others
SATISFACTION LEVEL OF THE
CUSTOMERS
72%
6%
22%
YES
NO
UNCERTAIN

15. INVESTMENT DECISIONS
19%
9%
45%
27%
Sales
SELF
BROKER
ECONOMIC
POLICIES
FRIENDS &
RELATIVE

16. • Study also concludes that people are not much aware of commodity
market and while it’s going to be biggest market in India
• In online trading “SMC” have mainly competition with ICICI Securities
HDFC SECURITIES, SBICAP has an advantage of being in this industry
for more than 8 decades. It has launched its website in 2000 and was
among the first player in the online share trading.
• SMC GLOBALSECURITIES L.T.D is only broker in which no margin
needs to keep
CONCLUSION