CHAPTER-5 DATA ANALYSIS

FORMULAS USING FOR THESE CALCULATIONS.

Return=(current price-previous price) * 100 Previous price

(728.2-728.35)*100

728.35 Return= (-0.02) CALCULATION OF MEAN: X/N

SUM (RETURNS)/N

Mean= Standard deviation:

-0.71

=sqrt (5.40) Sd = 2.32

Variance: (x-x)2 (-0.02- -0.71)2 = 5.40

THE BELOW TABLE REPRESENTS RETURNS(X), SD, VARIANCE FOR THE MONTH OF 2013

s.no 1 2 3 4 5 6 7 8 9 10 0 12 13 14 15 16 17 18 19 20

Symbol HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC

Date Prev Close Close Price RETURN(X) 03-Jan-13 728.35 728.2 -0.02 04-Jan-13 728.2 731.75 0.49 05-Jan-13 731.75 708.1 -3.23 06-Jan-13 708.1 706.9 -0.17 07-Jan-13 706.9 683.9 -3.25 10-Jan-13 683.9 653.6 -4.43 13-Jan-13 653.6 659.35 0.88 12-Jan-13 659.35 680.65 3.23 13-Jan-13 680.65 667.35 -1.95 14-Jan-13 667.35 641.75 -0.80 17-Jan-13 641.75 663.65 3.41 18-Jan-13 663.65 658.35 -0.80 19-Jan-13 658.35 653.1 -0.80 20-Jan-13 653.1 660.6 1.15 21-Jan-13 660.6 651.2 -1.42 24-Jan-13 651.2 669.45 2.80 25-Jan-13 669.45 670.2 0.11 27-Jan-13 670.2 667.1 -0.46 28-Jan-13 667.1 645.25 -3.28 31-Jan-13 645.25 628.35 -2.62

DESCRIPTIVE ANALYSIS FOR HDFC PERFORMANCE FOR THE MONTH OF JAN-2013 Mean Standard Deviation Sample Variance -0.71 2.32 5.40

HDFC PERFORMANCE FOR THE MONTH JAN-2013

Series1 0.49 3.23 0.88 3.41 1.15 2.80 0.11

-0.02 1 -3.23 3 -0.17 5 7 -3.25 -4.43

-0.80 9 -0.80 11-0.80 13 -1.42 15 17-0.46 19-2.62 -1.95 -3.28

Interpretation:
The above diagram shows the data of showing the open and close Prices for the Period. We can see the range and the Close Price is marked by combining both and the open Price is marked separately which is because of the changing volumes between the Prices in the stock market. Thus we can conclude that the Trading and Volumes in the stock market may or may not vary for different Periods.

Return=(current price-previous price) * 100 Previous price

(633.25-628.35)*100

628.35 Return= (-0.78) CALCULATION OF MEAN: X/N

SUM (RETURNS)/N

Mean= Standard deviation:

0.04

=sqrt (6.30) Sd = 2.51

Variance: (x-x)2 (0.78- 0.04)2 = 6..30

THE BELOW TABLE REPRESENTS RETURNS(X), SD, VARIANCE FOR THE MONTH OF HDFC -13

s.no 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Mean

Symbol HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC

Date 01-Feb-13 02-Feb-13 03-Feb-13 04-Feb-13 07-Feb-13 08-Feb-13 09-Feb-13 10-Feb-13 13-Feb-13 14-Feb-13 15-Feb-13 16-Feb-13 17-Feb-13 18-Feb-13 21-Feb-13 22-Feb-13 23-Feb-13 24-Feb-13 25-Feb-13 28-Feb-13

Prev Close Close Price RETURN(X) 628.35 633.25 0.78 633.25 617.45 -2.50 617.45 624.3 1.11 624.3 604.15 -3.23 604.15 590.65 -2.23 590.65 589.15 -0.25 589.15 608.3 3.25 608.3 595.85 -2.05 595.85 623.15 4.58 623.15 642.8 3.15 642.8 646.6 0.59 646.6 626.9 -3.05 626.9 650.05 3.69 650.05 643.85 -0.95 643.85 648.1 0.66 648.1 641.1 -1.08 641.1 647 0.92 647 616.8 -4.67 616.8 623.6 1.10 623.6 629.2 0.90 0.04 2.51 6.30

DESCRIPTIVE ANALYSIS Standard Deviation Sample Variance

10.00 5.00 0.00 -5.00 -10.00 1 0.78 1.11 3.25

4.58

3.15

3.69 0.59 0.66

0.92

1.10 0.90

2 3 4 5 -0.25 6 7 8 9 -2.05 -2.50 -3.23-2.23

10 11 12 13 -0.95 14 15 -1.08 16 17 18 19 20 -3.05 -4.67

RETURN(X)

Interpretation:
The above diagram shows the data of showing the open and close Prices for the Period. We can see the range and the Close Price is marked by combining both and the open Price is marked separately which is because of the changing volumes between the Prices in the stock market. Thus we can conclude that the Trading and Volumes in the stock market may or may not vary for different Periods.

Return=(current price-previous price) * 100 Previous price

(650.75-629.2)*100

629.2 Return= (3.42) CALCULATION OF MEAN: X/N

SUM (RETURNS)/N

Mean= Standard deviation:

0.51

=sqrt (3.56) Sd = 1.89

Variance: (x-x)2 (3.42-0.51 )2 = 3.56

The Below Table Represents Returns(X), SD, Variance For The Month Of HDFC
s.no 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Symbol HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC HDFC Date 01-Mar-13 03-Mar-13 04-Mar-13 07-Mar-13 08-Mar-13 09-Mar-13 10-Mar-13 13-Mar-13 14-Mar-13 15-Mar-13 16-Mar-13 17-Mar-13 18-Mar-13 21-Mar-13 22-Mar-13 23-Mar-13 24-Mar-13 25-Mar-13 28-Mar-13 29-Mar-13 30-Mar-13 31-Mar-13 Prev Close Close Price RETURN(X) 629.2 650.75 3.42 650.75 672.1 3.28 672.1 681.5 1.40 681.5 667 -2.13 667 675.15 1.22 675.15 672.7 -0.36 672.7 666.8 -0.88 666.8 660.4 -0.96 660.4 671.45 1.67 671.45 663.1 -1.24 663.1 659.85 -0.49 659.85 637 -3.46 637 620.3 -2.62 620.3 626.45 0.99 626.45 637.8 1.81 637.8 640.2 0.38 640.2 644.1 0.61 644.1 663.7 3.04 663.7 667.9 0.63 667.9 683.05 2.27 683.05 698.45 2.25 698.45 701.2 0.39

DESCRIPTIVE ANALYSIS Mean Standard Deviation Sample Variance

5.00 0.00 1 -5.00 2 3 4 5 -0.36 6 -0.88 7 -0.96 8 9 -1.24 10 -0.49 11 12 13 14 15 16 17 18 19 20 21 22 -2.13 -2.62 -3.46 RETURN(X) 3.42 3.28 1.40 3.04 2.27 2.25 1.81 0.99 0.61 0.63 0.39 0.38

0.51 1.89 3.56

1.22

1.67

Interpretation:
The above diagram shows the data of showing the open and close Prices for the Period. We can see the range and the Close Price is marked by combining both and the open Price is marked separately which is because of the changing volumes between the Prices in the stock market. Thus we can conclude that the Trading and Volumes in the stock market may or may not vary for different Periods.

Return=(current price-previous price) * 100 Previous price

(1,367.65-1,350.10)*100 1,350.10

Return= (130) CALCULATION OF MEAN: X/N

SUM (RETURNS)/N

Mean= Standard deviation:

-0.02

=sqrt (5.28) Sd = 2.30

Variance: (x-x)2 (130- -0.02)2 = 5.28

The Below Table Represents Returns(X), SD, Variance for The Month Of AXIS-2013
Symbol AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK Series EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ Date 03-Jan-13 04-Jan-13 05-Jan-13 06-Jan-13 07-Jan-13 10-Jan-13 11-Jan-13 12-Jan-13 13-Jan-13 14-Jan-13 17-Jan-13 18-Jan-13 19-Jan-13 20-Jan-13 21-Jan-13 24-Jan-13 25-Jan-13 27-Jan-13 28-Jan-13 31-Jan-13 Prev Close Close Price return(x) 1,350.10 1,367.65 1,367.65 1,347.95 1,347.95 1,310.90 1,310.90 1,305.85 1,305.85 1,380.65 1,380.65 1,354.60 1,354.60 1,300.20 1,300.20 1,313.35 1,313.35 1,365.45 1,365.45 1,301.60 1,301.60 1,329.00 1,329.00 1,378.25 1,378.25 1,380.10 1,380.10 1,385.10 1,385.10 1,387.05 1,387.05 1,325.75 1,325.75 1,397.20 1,397.20 1,398.95 1,398.95 1,353.50 1,353.50 1,342.20 1.30 -1.44 -2.75 -0.39 5.73 -1.89 -4.02 1.01 3.97 3.71 3.71 3.71 0.13 0.36 0.14 -4.42 5.39 0.13 -3.25 -0.83

DATA ANALYSYS Mean Standard Deviation Sample Variance -0.02 2.30 5.28

8.00 6.02 5.73 5.39 4.68 6.00 4.41 3.97 3.71 3.71 3.71 3.66 2.61 4.00 2.36 1.60 1.30 1.01 0.45 0.36 0.35 2.00 0.36 0.13 0.14 0.13 0.00 0.03 0.00 3-0.39 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 -1.05 41 -0.71 -2.00 1 -0.83 -1.31 -1.44 -1.89 -2.49 -2.16 -4.00 -2.75 -3.21 -3.25 -4.02 -4.16 -4.42 -6.00 -5.68 -6.43 -8.00
return(x)

Interpretation:
The above diagram shows the data of showing the open and close Prices for the Period. We can see the range and the Close Price is marked by combining both and the open Price is marked separately which is because of the changing volumes between the Prices in the stock market. Thus we can conclude that the Trading and Volumes in the stock market may or may not vary for different Periods.

Return=(current price-previous price) * 100 Previous price

(1,342.65-1,342.20)*100

1,342.20 Return= (0.03) CALCULATION OF MEAN: X/N

SUM (RETURNS)/N

Mean= Standard deviation:

0.67

=sqrt (4.62) Sd = 2.15

Variance: (x-x)2 (0.03- -0.67)2 = 2.15

The Below Table Represents Returns(X), SD, Variance For The Month Of FEB AXIS
Symbol AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK Series EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ Date Prev Close Close Price return(x) 01-Feb-13 1,342.20 1,342.65 02-Feb-13 1,342.65 1,325.05 03-Feb-13 1,325.05 1,356.35 04-Feb-13 1,356.35 1,322.60 07-Feb-13 1,322.60 1,328.55 08-Feb-13 1,328.55 1,390.70 09-Feb-13 1,390.70 1,360.65 10-Feb-13 1,360.65 1,365.55 13-Feb-13 1,365.55 1,321.70 14-Feb-13 1,321.70 1,370.05 15-Feb-13 1,370.05 1,374.80 16-Feb-13 1,374.80 1,396.80 17-Feb-13 1,396.80 1,317.50 18-Feb-13 1,317.50 1,396.80 21-Feb-13 1,396.80 1,306.95 22-Feb-13 1,306.95 1,364.65 23-Feb-13 1,364.65 1,355.00 24-Feb-13 1,355.00 1,390.35 25-Feb-13 1,390.35 1,332.50 28-Feb-13 1,332.50 1,318.55 DATA ANALYSIS

0.03 -1.31 2.36 -2.49 0.45 4.68 -2.16 0.36 -3.21 3.66 0.35 1.60 -5.68 6.02 -6.43 4.41 -0.71 2.61 -4.16 -1.05 0.67 2.15 4.62

Mean Standard Deviation Sample Variance

10 4.68 5 0 -5 -10 1 -1.31 2 3 4 5 -2.49 6 0.03 2.36 0.45 0.36 3.66 0.35 1.6

6.02

4.41

2.61

7 8 9 10 11 12 13 14 15 16 -0.71 17 18 19 -1.05 20 -2.16 -3.21 -4.16 -5.68 -6.43 return(x)

Interpretation:
The above diagram shows the data of showing the open and close Prices for the Period. We can see the range and the Close Price is marked by combining both and the open Price is marked separately which is because of the changing volumes between the Prices in the stock market. Thus we can conclude that the Trading and Volumes in the stock market may or may not vary for different Periods.

Return=(current price-previous price) * 100 Previous price

(1,388.80-1,318.55)*100

1,318.55 Return= (5.33) CALCULATION OF MEAN: X/N

SUM (RETURNS)/N

Mean= Standard deviation:

0.67

=sqrt (4.62) Sd = 2.15

Variance: (x-x)2 (5.33-0.67 )2 = 4.62

The Below Table Represents Returns(X), SD, Variance For The Month Of FEB AXIS
Symbol AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK AXISBANK Series EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ Date 01-Mar-13 03-Mar-13 04-Mar-13 07-Mar-13 08-Mar-13 09-Mar-13 10-Mar-13 13-Mar-13 14-Mar-13 15-Mar-13 16-Mar-13 17-Mar-13 18-Mar-13 21-Mar-13 22-Mar-13 23-Mar-13 24-Mar-13 25-Mar-13 28-Mar-13 29-Mar-13 30-Mar-13 31-Mar-13 Prev Close Close Price return(x) 1,318.55 1,388.80 1,388.80 1,309.80 1,309.80 1,328.30 1,328.30 1,383.40 1,383.40 1,313.50 1,313.50 1,300.95 1,300.95 1,385.05 1,385.05 1,365.70 1,365.70 1,390.35 1,390.35 1,382.95 1,382.95 1,318.60 1,318.60 1,391.10 1,391.10 1,369.20 1,369.20 1,379.35 1,379.35 1,395.90 1,395.90 1,315.40 1,315.40 1,319.45 1,319.45 1,364.95 1,364.95 1,384.25 1,384.25 1,422.15 1,422.15 1,426.45 1,426.45 1,403.85

5.33 -5.69 1.41 4.15 -5.05 -0.96 6.46 -1.40 1.80 -0.53 -4.65 5.50 -1.57 0.74 1.20 -5.77 0.31 3.45 1.41 2.74 0.30 -1.58

DATA ANALYSIS Mean Standard Deviation Sample Variance

10.00 0.00 -10.00 1 2 3 4 5 -0.96 6 7 -1.40 8 9 -0.53 10 11 12 -1.57 13 14 15 16 17 18 19 20 21 -1.58 22 -4.65 -5.05 -5.69 -5.77
Series1

0.67 2.15 4.62

4.15 1.41 6.46 1.80 5.50 1.20 0.74 3.45 2.74 0.31 1.41 0.30

5.33

INTERPRETATION: The above diagram shows the data of showing the open and close Prices for the Period. We can see the range and the Close Price is marked by combining both and the open Price is marked separately which is because of the changing volumes between the Prices in the stock market. Thus we can conclude that the Trading and Volumes in the stock market may or may not vary for different Periods.

COMPARATIVE ANALYSIS (HDFC) FOR FIVE YEARS

Date

Particulars 01-Jan-08 Open 09-Jan-08 High 20-Nov-08 Low 31-Dec-08 Close

Price 2912.00 3262.00 1200.00 1486.40 Price 1500.00 2865.70 1119.00 2675.80 Price 2694.80 3145.00 595.25 728.35 Price 737.9 738.8 582.3 652.05 Price 650 882.3 610.5 828.85

Date

Particulars 01-Jan-09 Open 15-Oct-09 High 06-Mar-09 Low 31-Dec-09 Close

Dates

Particulars 04-Jan-10 Open 14-Jul-10 High 18-Aug-10 Low 31-Dec-10 Close

Dates

Particulars 03-Jan-11 Open 04-Jan-11 High 09-Feb-11 Low 30-Dec-11 Close

Dates

Particulars 02-Jan-12 Open 11-Dec-12 High 16-May-12 Low 31-Dec-12 Close

HDFC Price
4000.00 3000.00 2000.00 1000.00 0.00 Open 01-Jan-08 High 09-Jan-08 Low 20-Nov-08 Close 31-Dec-08

HDFC Price

INTERPRETATION: The above graph represents open price when compare with close price the market is high it describe the hdfc bank stock price is getting high returns in the year 2008.

INTERPRETATION: The above graph represents open price when compare with close price the market is high it describe the hdfc bank stock price is getting high returns in the year 2009.

HDFC Price
5000.00 0.00 Open High Low Close 04-Jan14-Jul18-Aug31-Dec10 10 10 10 HDFC Price

INTERPRETATION: The above graph represents open price when compare with close price the market is low it describe the hdfc bank stock price is getting low returns in the year 2010.

INTERPRETATION: The above graph represents open price when compare with close price the market is low it describe the hdfc bank stock price is getting low returns in the year 2011

HDFC Price
1000 0 Open High Low Close 02-Jan-12 11-Dec16-May31-Dec12 12 12 HDFC Price

INTERPRETATION: The above graph represents open price when compare with close price the market is high it describe the hdfc bank stock price is getting high returns in the year 2012

COMPARATIVE ANALYSIS (AXIS) FOR FIVE YEARS

particulars Open High Low Close Particulars Open High Low Close Particulars Open High Low Close Particulars Open High Low Close

Price 810 1,379.00 784 1,356.55 Price 1,365.00 1,460.45 803.3 808.1 Price 993.9 1,608.50 965.15 1,350.10 Price 508.5 1,064.00 278.25 989.2

Dates 02/01/12 06/12/12 02/01/12 31/12/12 Dates 03/01/11 08/04/11 30/12/11 30/12/11 Dates 04/01/10 14/10/10 27/01/10 31/12/10 Dates 1-Jan-09 3-Dec-09 9-Mar-09 31-Dec-09

Particulars Open High Low Close

Price 970.3 1,291.50 352.5 504.7

Dates 1-Jan-08 14-Jan-08 28-Nov-08 31-Dec-08

50000 02/01/12 40000 30000 20000 10000 810 0 Open 1,379.00

06/12/12

02/01/12

31/12/12

784 Low Price Dates

1,356.55 Close

High

INTERPRETATION: The above graph represents open price when compare with close price the market is high it describe the axis bank stock price is getting high returns in the year 2012

45,000.00 40,000.00 35,000.00 30,000.00 25,000.00 20,000.00 15,000.00 10,000.00 5,000.00 0.00

03/01/11

08/04/11

30/12/11

30/12/11

1,365.00 Open

1,460.45 High Price Dates

803.3 Low

808.1 Close

INTERPRETATION: The above graph represents open price when compare with close price the market is low it describe the axis bank stock price is getting low returns in the year 2011

45000 40000 35000 30000 25000 20000 15000 10000 5000 0

04/01/10

14/10/10

27/01/10

31/12/10

993.9 Open

1,608.50 High Price

965.15 Low Dates

1,350.10 Close

INTERPRETATION: The above graph represents open price when compare with close price the market is high it describe the axis bank stock price is getting high returns in the year 2010

50000 40000 30000 20000 10000 0

1-Jan-09

3-Dec-09

9-Mar-09

31-Dec-09

508.5 Open

1,064.00 High Price

278.25 Low Dates

989.2 Close

INTERPRETATION: The above graph represents open price when compare with close price the market is high it describe the axis bank stock price is getting high returns in the year 2009

1-Jan-08 40000 30000 20000 10000 0 Open 970.3

14-Jan-08

28-Nov-08

31-Dec-08

1,291.50 High Price

352.5 Low Dates

504.7 Close

INTERPRETATION: The above graph represents open price when compare with close price the market is low it describe the axis bank stock price is getting low returns in the year 2008

SWOT analysis (alternatively SWOT Matrix) is a structured planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product, place, industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. The technique is credited to Albert Humphrey, who led a convention at the Stanford Research Institute (now SRI International) in the 1960s and 1970s using data from Fortune 500 companies.[1][2] The degree to which the internal environment of the firm matches with the external environment is expressed by the concept of strategic fit. Setting the objective should be done after the SWOT analysis has been performed. This would allow achievable goals or objectives to be set for the organization.

Strengths: characteristics of the business or project that give it an advantage over others. Weaknesses: are characteristics that place the team at a disadvantage relative to others Opportunities: elements that the project could exploit to its advantage Threats: elements in the environment that could cause trouble for the business or project Strengths Weaknesses Opportunities Threats

Reputation in marketplace

Shortage of consultants at operating level rather than partner level

Well established Large consultancies position with a well operating at a minor defined market niche level

Expertise at partner level in HRM consultancy

Unable to deal with Identified market for multi-disciplinary consultancy in areas assignments because other than HRM of size or lack of ability

Other small consultancies looking to invade the marketplace

CHAPTER-6

FINDINGS
I selected money market stock (hdfc, axis) calculating returns, SD, variance (i) Most of the commercial transactions are made in terms of cash. (ii) Cash credit is the main form of borrowing from the banks. Cash credit is given by the banks against the security of commodities. No bills are involved in this type of credit. (iii)The practice of advancing loans by the sellers also limits the use of bills. (iv) There is lack of uniformity in drawing bills (bundles) in different parts of the country. (v) Heavy stamp duty discourages the use of exchange bills. (vi) Absence of acceptance houses is another factor responsible for the underdevelopment of bill market in India. (vii) In their desire to ensure greater liquidity and public confidence, the Indian banks prefer to invest their funds in first class government securities than in exchange bills. (viii) The Reserve Bank of India also prefers to extend rediscounting facility to the commercial banks against approved securities

SUGGESTIONS
In a view of the various defects in the Indian money market, the following suggestions have been made for its proper development: The activities of the indigenous banks should be brought under the effective control of the Reserve Bank of India. Hundies used in the money market should be standardized and written in the uniform manner in order to develop an all-India money market. Banking facilities should be expanded especially in the unbanked and neglected areas. Discounting and rediscounting facilities should be expanded in a big way to develop the bill market in the country. For raising the efficiency of the money market, the number of the clearing houses in the country should be increased and their working improved. Adequate and less costly remittance facilities should be provided to the businessmen to increase the mobility of capital. Variations in the interest rates should be reduced.

CONCLUSIONS
The money market specializes in debt securities that mature in less than one year. Money market securities are very liquid, and are considered very safe. As a result, they offer a lower return than other securities. The easiest way for individuals to gain access to the money market is through a money market mutual fund. T-bills are short-term government securities that mature in one year or less from their issue date. T-bills are considered to be one of the safest investments - they don't provide a great return. A certificate of deposit (CD) is a time deposit with a bank. Annual percentage yield (APY) takes into account compound interest, annual percentage rate (APR) does not. CDs are safe, but the returns aren't great, and your money is tied up for the length of the CD. Commercial paper is an unsecured, short-term loan issued by a corporation. Returns are higher than T-bills because of the higher default risk. Bankers acceptances (BA) are negotiable time draft for financing transactions in goods. BAs are used frequently in international trade and are generally only available to individuals through money market funds.

BIBLIOGRAPGHY
S.NO

BOOKS NAMES

AUTHOR NAME

EDITION NAME 14 TH

FINANCIAL MANAGEMENT

PRASANNA CHANDRA
IMP ANDEY

FINANCE MANAGEMENT

13 TH EDITION

SAPM

PRASANNA CHANDRA

9 TH EDITION

DYNAMICS

OF

BHARATI PATHAK

12TH EDITION

INDIAN FINANCIAL FINANCE 5 MANAGEMENT RATHOD .PATEL 5TH EDITION

MAGAZINES:
Economic Times Wealth Money Life Outlook Money hard copy and digital edition Economic Times Wealth Value Research, Feb 2012.

JOURNALS

WEBSITES
www.reliancecap.com www.reliancesecurties.com www.rbi.com www.bseindia.com

www.nseindia.com