Securities – types, shares, debentures and their characteristics – primary and secondary markets, stock exchanges, organization and functions, listing of securities, mechanism of trading – sources of information. Activities:

Valuation of Securities: Equity – Bonds and Debentures – Capital Asset pricing model, arbitrage pricing theory.

Economic Analysis - Economic forecasting and stock Investment Decisions – Forecasting techniques. Industry Analysis - Industry classifications. Economy and Industry Analysis - Industry life cycle - Evaluating Industry relevant factors - External industry information sources.

Company Analysis: Measuring Earnings - Forecasting Earnings - Applied valuation techniques - Graham and Dodds investor ratios - value investing. Technical Analysis: Fundamental Analysis Vs Technical Analysis – Dow theory - Charting methods – Market Indicators - Trend - Trend reversals - Patterns - Oscillators - ROC - Momentum - MACD–RSI.

Portfolio Analysis - meaning and importance of portfolios – Portfolios selection and construction - Performance evaluation – Measures of return – formula plans – rupee cost averaging – risk adjusted measure of performance.