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SECTOR
AT
SHAREKHAN LTD
HYDERABAD
B.SRIDEVI
018-07-137
DECLARATION
I hereby declare that this Project Report titled A Comparative study on Online
Trading of Share Prices of Banking sector submitted by me to the Department of
Business Management, O.U., Hyderabad, is a bonafied work undertaken by me and
it is not submitted to any other University or Institution for the award of any degree
diploma / certificate or published any time before.
ABSTRACT
Buying and Selling of securities (shares) through Internet . The four banks ICICI,
AXIS BANK ,SBI & ANDHRA BANK performance is analyzed for a period of 2
years. The share price movement of the banks is compared with the other. The
share price movement of the banks is analyzed and the factors effecting the
movement of share prices is seen. The trend of share prices in Government and
private banks is analyzed. Online trading will help in reducing transaction costs
particularly for overseas and remote located investors. Provide analytical data for
use of stock exchange in analysis and reporting. Provide public information on
scrip prices, indices for all users of the system. Facility of transaction business
from the terminal of the investors and will help him making rational judgment or
decisions. The investor is provided with best offer. Gives suggestions to investors
to choose the best scrip which gives maximum profits either short term or long
term. And helps investors to avoid loss in their decision making. Right decision at
right time helps the investors to get maximum benefits and reduce loss. Helps the
investors to decide when to invest and when not to invest in the scrips and time
period for each investment .
ACKNOWLEDGEMENT
With the deep sense of gratitude, I wish to acknowledge the support and help
extended by all the people in successful completion of this project work.
I express my sincere gratitude to Mr.S. Syam Sundar, Assistant manager of
Sharekahan Ltd, for allowing me to take up this project and enlighted me in doing
this project.
I express my gratitude to our Principal for his consistent support, Head of the
Department Mr.C.S. Patnaik for his encouragement.
I would like to express my sincere thanks to my internal guide Mr.G.N.
Satish Kumar and project coordinator Mrs. Rathnavali for their immense support
during my project report.
I would like to express my sincere thanks to Mrs. Sridevi, Financial faculty
for her immense support during my project report.
Last but not the least; I would like to thank all the faculty members who
have been a strong source of inspiration throughout the project directly or
indirectly.
TABLE OF CONTENTS
List of Tables6
List of figures ..7
1. INTRODUCTION...9
1.1. Need for the study..........................................................29
1.2. Objectives of the study..29
1.3. Limitations of the study.................................................30
1.4. Design of the study31
2. LITERATURE REVIEW....39
3. COMPANY PROFILE.46
4. DATA PRESENTATION AND ANALYSIS..49
5. FINDINGS & SUGGESTIONS...........................................80
5.1. Findings...............................................................80
5.2. Suggestions81
5.3. Conclusion ....................................................................82
6. BIBLIOGRAPHY.....84
CHAPTER-1
INTRODUCTION
the government stock, they are transferable by endorsement and alike movable
property. They are tradable on the stock exchange. So are the case shares of
companies.
Under the Securities Contract Regulation Act of 1956, securities trading is regulated
by the Central Government and such trading can take place only in stock exchanges
recognized by the government under this Act. As referred to earlier there are at
present 23 such recognized stock exchanges in India. Of these, major stock
exchanges, like Bombay Stock Exchange, National Stock Exchange, Inter-Connected
Stock Exchange, Calcutta, Delhi, Chennai, Hyderabad and Bangalore etc. are
permanently recognized while a few are temporarily recognized. The above act has
also laid down that trading in approved contract should be done through registered
members of the exchange. As per the rules made under the above act, trading in
securities permitted to be traded would be in the normal trading hours (10 A.M to
3.30 P.M) on working days in the trading ring, as specified for trading purpose.
Contracts approved to be traded are the following:
1
Spot delivery deals are for deliveries of shares on the same day or the next day as the
payment is made.
Hand deliveries deals for delivering shares within a period of 7 to 14 days from the
date of contract.
Delivery through clearing for delivering shares with in a period of two months from
the date of the contract, which is now reduce to 15 days.(Reduced to 2 days in demat
trading)
4
Special Delivery deals for delivering of shares for specified longer periods as may be
approved by the governing board of the stock exchange.
Except in those deals meant for delivery on spot basis, all the rest are to be put
through by the registered brokers of a stock exchange. The securities contracts
(Regulation) rules of 1957 laid down the condition for such trading, the trading
hours, rules of trading, settlement of disputes, etc. as between the members and of
the members with reference to their clients.
responsibility to prohibit the fraudulent unfair trade practices and insider dealings.
Takeovers are also monitored by the SEBI has the multi pronged duty to promote
the healthy growth of the capital market and protect the investors.
The Governing Board of Stock Exchanges: The Governing Board of the Stock
Exchange consists of elected members of directors, government nominees and
public representatives. Rules, by laws and regulations of the Stock Exchange
substantial powers to the executive director for maintaining efficient and smooth
day-to day functioning of Stock Exchange. The Governing Board has the
responsibility to maintain and orderly and well-regulated market.
Six members of the Stock Exchange are elected by the members of the Stock
Exchange.
leading to delays.
6. Lack of single market due to the inability of various stock exchanges to function
A satellite network makes it possible to connect almost all the parts of the
nation quickly as it is easy to install, as against the ground lines Such as dial up
modems leased lines which are prone to disruptions, satellite links on other hands
ensure high speed, availability and quality of the connection. This code of trading is
known as On-line Trading.
The prospective investor who wants to buy shares or the investor who wants to
sell his shares cannot enter into hall of the exchange and transact business. They
have to act through only member brokers. They can also appoint their bankers for
this purpose. Since, bankers can become members of stock exchange as per the
present regulations. So, the first task in transacting business on stock exchanges is to
choose a broker of repute or banker. Such peoples can ensure prompt and quick
execution of a transaction at the possible price.
PLACEMENT OF ORDER:
The next step in planning of order for the purchase or sale of Securities
with the broker. The order is usually by telegram, telephone, letter, fax etc., or in
person. To avoid delay it is placed generally over the phone. The orders may take any
one of the forms such as at best order, limit order, immediate or cancel order,
discretionary order, limited discretionary order, open order and stop loss order.
EXECUTION OF ORDER:
Big brokers transact their business through their authorized clerk. Small
ones out their business personally. Orders are executed in the trading ring of the
SHAREKHAN .This works from 12:00 noon to 2:00 p.m discretionary order on all
working days from Monday to Friday and a special hour session on Saturday.
The floor of the stock exchange is divided into number of markets (pits)
according to the nature of security deal in. The authorized clerk/broker goes to the pit
and jobbers offer two way quotes for the scrips they deal in. they act as market
makers and provide liquidity to the market. The system has been designed to get the
bet lids and offers from the jobbers book as well as the best buy and sell orders from
the book. If the quotation is not acceptable to the brokers, he may make a counter
bid/offer
Gone are the days of trading on the floor. Technology has changed the
landscape of the stock markets. The look of the stock exchanges has undergone
metamorphic changes in the recent years. Prior to online trading, regional stock
exchange was playing a very important role in capital markets, as they were local
investors. Regional SE, which was unable to interact with other SEs started
developing this own screen based trading and connecting to other scrips which were
not available with them. This also helped in accessing the quotes and other market
information from other stock exchange which proved vital in the functioning of the
system as a whole.
The trading network is depicted in given below NSE has main computer which
is connected through Very Small Aperture Terminal (VSAT) installed at its office.
The main computer runs on a fault tolerant STRATUS mainframe computer at the
Exchange. Brokers have terminals (identified as the PCs in the given picture)
installed at their premises which are connected through VSATs/ leased lines/modems.
An investor informs a broker to place an order on his behalf. The broker enters the
order through his PC, which runs under Windows NT and sends signal to the satellite
via VSAT/leased line/modem. The signal is directed to mainframe computer at NSE
via VSAT at NSEs office. A message relating to the order activity is broadcast to the
respective member. The order confirmation message is immediately displayed on the
PC of the broker. This order matches with the existing passive order(S) otherwise it
waits for the active orders to enter the system. On order matching, a message is
broadcast to the respective member.
markets.
It will help in reducing transaction costs particularly for overseas and remote located
investors.
It will provide real time quotes and on-line trading facility at a much cheaper cost.
Facility of transaction business from the terminal of the investors and will help him
making rational judgment or decisions.
It will bring down the brokerages fees and increases the trading volumes.
Quick
response
acknowledgement.
in
transaction
i.e.
giving
the
order
verification
and
It is easy enough to set up either as individual account for margins trading or settle
transactions by credit card.
It is easy for brokers to monitor and maintain online accounts and the possibility of
miss-trading is less.
TRADING SESSIONS:
The trading timings on the floor of the exchange are from 10.00 a.m.to 3.30 p.m.
on all weekdays from Monday to Friday. This is the central trading session where
quotes & orders would continuously come to CTs from the BWSs. Based on the
parameters of the market operations department, orders would be executed. To
recollect, under the outcry mode of trading the timings were from 11.30 a.m. to
2.30 p.m.
customer/client. In other words, the brokers interact with these clients through the
BWS the Best Bid Offer, the least traded prices. Highest & lowest traded prices in
a particular period, traded volumes will be available continuously on screen. Other
information will also be available by giving a query to BWS. This may include the
test of top gainer/looser for a day, trader- wise or scrip-wise net position, clientwise net position of top n scripts by volume/value, market capitalization etc.,
ORDERS:
Orders can be entered into the system either one at a time or in a batch
mode. The submitted order will be accepted at the CTs after validation. If found
invalid, for any reason the order is returned back to the BWS with appropriate error
message. If & when accepted at the CTs, it will be added to the pending order
book. The order will then be taken up for matching. If it is buy order, the system
tries to find a sell order, which fits the requirements of the buy order . when such
match is found, a trade gets executed. Each trade involves two brokers or
respective traders who sent the order. Both these traders are informed of the trade
getting executed at their respective BWS. At th BWS the trade is added to the local
trade book & the pending quality divided by the trade quantity in the local pending
order book.
Requirements for net trading:
For investors:
1. Installation of a computer with required specification
2. Installation of a modem
3. Telephone connection
4. Registration for on-line trading with broker
5. A bank account
6. Depository account
7. Compliance with SEBI guidelines for net trading
The following should be produced to get a demat account and online trading
account:
As identity proof & address proof any one of the following:
1. Voter ID card
2. Driving license
3. PAN card( in case of to trade more than 50000)
4. Ration card
5. Bank pass book
6. Telephone bill
photograph.
For stock brokers:
1. Permission from stock exchange for net trading
2. Net worth of Rs. 50 lac
3. Adequate back-up system
4. Secured and reliable software system
5. Adequate, experienced and trained staff
Step 1:
Those investors, who are interested in doing the trading over internet system
i.e. NEAT-IXS, should approach the brokers and get them self registered with the
Stock Broker.
Step 2:
After registration, the broker will provide to them a Login name, Password
and personal identification number (PIN).
Step 3:
Actual placement of an order. An order can then be placed by using the place
order window as under:
1.
First by entering the symbol and series of stock and other parameters like
quantity and price of the scrip on the place order window.
2.
Step 4:
It is the process of review. Thus, the investor has to review the order placed
by clicking the review option. He may also re-set to clear the values.
Step 5:
After the review has been satisfactory, the order has to be sent by clicking
on the send option.
Step 6:
The investor will receive an "Order Confirmation" message along with the order
number and the value of the order.
Step 7:
In case the order is rejected by the Broker or the Stock Exchange for certain
reasons such as invalid price limit, an appropriate message will appear at the
bottom of the screen. At present, a time lag of about 10 seconds is there in
executing the trade.
Step 8:
It is regarding charging payment, for which there are different mode. Some brokers
will take some advance payment from the investor and will fix their trading limits.
When the trade is executed, the broker will ask the investor for transfer of funds to
his account. Internet trading provides total transparency between a broker and an
investor in the secondary market. In the open outcry system, only the broker knew
the actually transacted price. Screen based trading provides more transparency.
With online trading investors can see themselves the price at which the deal takes
place. The time gap has narrowed in every stage of operation. Confirmation and
execution of trade reaches the investor within the least possible time, mostly within
30 seconds. Instant feedback is available about the execution.
Some of the websites also offer;
1. News and research report
obtained.
10. Confirmation is e-mailed to investor by broker
11. Contract note is printed and mailed in 24 hours
electronic means.
Entry Orders:
An entry order is an order that is executed when a particular price level is
reached and/or broken. The execution of these orders is under the supervision of
the dealing desk and remains in effect until the client cancels the order. Entry
orders fall into two broad categories and are executed according to the category.
Stop Entry Orders:
Stop entry orders are executed when the exchange rate breaks through a
specific level. The client placing a stop entry order believes that when the market's
momentum breaks through a specified level, the rate will continue in that direction.
Limit Entry Orders:
Limit entry orders are executed when the exchange rate touches (not breaks)
a specific level. The client placing a limit entry order believes that after touching a
specific level, the rate will bounce in the opposite direction of its previous
momentum.
Stop-Loss Order:
A stop-loss is an entry order linked to a specific position for the purpose of
stopping the position from accruing additional losses. A stop-loss order placed on a
Buy position is a stop entry order to Sell linked to that position. A stop-loss order
remains in effect until the position is liquidated or the client cancels the stop-loss
order. The execution of a stop-loss order may involve a limited degree of slippage,
usually two pips or less depending on market conditions.
Limit Order:
A limit order is a limit entry order linked to a specific position for the
more risky, since you have to buy stock at the given price.
3. Cash account: where funds have to be available prior to placing the order.
4.
investors.
7. It will lead to brokerage commissions going down and brokers striving to
BANK .
2. To find the reasons for their variations.
4. To find the factors that are effecting movement of the share prices of the above
banks.
5. To compare the Share price movement of one bank with the other.
Research Methodology
1. The data collection methods include both primary and secondary collection
methods.
2. Primary method:
3. This method includes the data collected from the personal interaction with
topics.
8. Analytical tools: Variance, Mean, Correlation, etc.
Chapter 2:
LITERATURE REVIEW
CHAPTER-3
COMPANY PROFILE
COMPANY BACKGROUND:
1. Share khan is the retail broking arm of SSKI, securities pvt ltd. SSKI owns 56%
in share khan, balance ownership is HSBC, fiRst caryle, and Intel pacific.
2. Into broking since 80 years.
3. Focused on providing equity solutions to every segment.
4. Largest ground network of 210 branded share shops in 90 cities.
CHAPTER-4
Open
891.35
High
Low
971
Close
891.35
Volume
953.85
1417300
Adj Close
926
8/5/2006
15/5/2006
22/5/2006
29/5/2006
967
960
870
880.15
1007.75
1003.4
915.1
887.5
911.6
856
798
807.2
958.65
869.1
874.45
838.75
1649400
2371400
1558400
946300
1588560
930.66
843.73
848.92
814.26
872.714
Jun-06
SBI WEEKLY REPORT (JUNE-2006)
Date
Open
High
Low
5/6/2006
840
866.55
12/6/2006
775.45
786
19/6/2006
765
778.7
26/6/2006
754.1
767
Date
Open
5/6/2006
12/6/2006
19/6/2006
26/6/2006
Close
745
715
723.05
705
771.6
741.25
762.65
727.75
Volume
Adj Close
1708800
749.07
2024000
719.61
1746400
754.64
1524800
720.1
1751000
735.855
Jul-08
SBI WEEKLY REPORT (JULY-2006)
Date
Open
High
Low
3/7/2006
735
905
10/7/2006
719
743.9
17/7/2006
730
736
24/7/2006
714.85
799.95
31/7/2006
800
829.7
Close
Volume
Adj Close
721.75 1324300
714.17
737.4 1147500
729.65
715.8 1050100
708.28
796.4 2936700
788.03
807.8 1867200
799.31
1665160
747.888
ICICI BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
3/7/2006
499
518.35
477
498.95 1750700
493.49
10/7/2006
496
498
464.95
485.9
477100
480.58
17/7/2006
500
500
465.1
484.75
391600
479.45
24/7/2006
486
552
481
542.55 2038500
536.61
31/7/2006
544.9
568
541.05
547
807200
541.02
1093020
506.23
ANDHRA BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
3/7/2006
62.8
63.7
55
59.7
412800
58.45
10/7/2006
59.8
60.75
58.5
59.55
249800
58.3
17/7/2006
60.4
61
56.05
60.8
389000
59.52
24/7/2006
59.55
71.7
59.55
70.5 1268800
69.02
31/7/2006
70.5
77.35
70.5
76.55 1806000
74.94
825280
64.046
AXIS BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
3/7/2006
272
289.5
267
274
44000
271.72
10/7/2006
277
285.5
268
273.2
163300
270.93
17/7/2006
274
277
249
260.35
143600
258.19
24/7/2006
255
317.85
250
297.5
153200
295.03
31/7/2006
305
327.5
295
317.25
153000
314.61
131420
282.096
718.5
709.3
684.5
705.5
794.4
Aug-08
SBI WEEKLY REPORT (AUGUST-2006)
Date
Open
High
Low
7/8/2006
808
875
14/8/2006
851.3
895
21/8/2006
885
924.4
28/8/2006
900
943.7
Close
796
851.3
855
838.5
859.5
879.1
905.1
931.25
Volume
Adj Close
1573000
850.47
1088100
869.86
1277000
895.59
1179500
921.46
1279400
884.345
28/8/2006
347
358.75
339
348.45
64400
80225
345.55
334.8775
Sep-06
SBI WEEKLY REPORT (SEP-2006)
Date
Open
High
Low
4/9/2006
935.7
989
11/9/2006
945
982
18/9/2006
983
995.95
25/9/2006
977.5
1044
Close
Volume
Adj Close
927.8
944.25
749600
934.33
911.7
979.3 1234900
969.01
965.25
975.75
831400
965.5
966.7
1028.65 1593400
1017.84
1102325
971.67
18/9/2006
25/9/2006
645.1
576.65
Date
Open
4/9/2006
11/9/2006
18/9/2006
25/9/2006
669.75
795.15
634.5
576.65
654.9
699.6
667900
1326500
951575
647.73
691.95
644.745
Oct-06
Date
Open
3/10/2006
9/10/2006
16/10/2006
23/10/2006
30/10/2006
Nov-06
SBI WEEKLY REPORT (NOV-2006)
Date
Open
High
Low
6/11/2006
1126.5
1148
13/11/2006
1135
1241
20/11/2006
1220
1263.2
27/11/2006
1260
1370
1092.2
1111
1189
1230
Close
Volume
Adj Close
1133.9 1147300
1121.98
1226.4 2026500
1213.51
1257.65 1082700
1244.43
1362.65 1159400
1348.33
1353975 1232.063
Dec-06
SBI WEEKLY REPORT (DEC-2006)
Date
Open
High
Low
Close
Volume
Adj Close
4/12/2006
1362
1617.4
1330.15
1355.35
908100
1341.11
11/12/2006
1325
1325
1164
1264.45 1499800
1251.16
18/12/2006
1260
1281.7
1191
1215.05 1402400
1202.28
26/12/2006
1224.75
1350
1210
1245.6
768500
1232.51
1144700 1256.765
ICICI BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
4/12/2006
872
891.5
859
880.35
707200
870.72
11/12/2006
865
885
772.1
870.8 1401600
861.27
18/12/2006
879.9
890
835.1
857 1075200
847.62
26/12/2006
857.85
914
850
891.5 1199300
881.75
1095825
865.34
ANDHRA BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
4/12/2006
91.2
92
89.5
90.15
498000
88.26
11/12/2006
88.6
89.9
73.5
86.25
888600
84.44
18/12/2006
86.45
87.5
82.5
86.15
388500
84.34
26/12/2006
86.05
90.05
85
86.75
414000
84.93
547275
85.4925
AXIS BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
4/12/2006
496
506
462
465
463100
461.13
11/12/2006
465
465
410
457.35
75600
453.55
18/12/2006
460
490
446.25
461.25
118800
457.41
26/12/2006
461.25
477.9
453.25
469.05
100800
189575
465.15
459.31
Jan-07
SBI WEEKLY REPORT (JAN-2007)
Date
Open
High
Low
Close
Volume
Adj Close
2/1/2007
1250
1280
1233.1
1244.1
610300
1231.03
8/1/2007
1248.8
1248.8
1132
1225.45 1405100
1212.57
15/1/2007
1235
1282.25
1204.1
1220.3
916000
1207.48
22/1/2007
1218
1232
1149.05
1176.45 1130300
1164.09
29/1/2007
1190
1230
1132.8
1181.05 1687900
1168.64
1149920 1196.762
Date
Open
High
Low
2/1/2007
86.75
89.9
8/1/2007
87.2
89.95
15/1/2007
89.9
92.8
22/1/2007
90.3
90.3
29/1/2007
86.1
92.9
Close
86.2
82.05
88.1
84.25
83.55
87.9
89.15
89.7
85.2
90.25
Volume
Adj Close
287900
86.05
268400
87.28
586100
87.82
417300
83.41
958000
88.36
503540
86.584
Feb-07
SBI WEEKLY REPORT (FEB-2007)
Date
Open
High
Low
Close
Volume
Adj Close
5/2/2007
1176
1218.9
1170.35
1199.65 1078600
1187.04
12/2/2007
1199.65
1203.8
1085.2
1122.6 1423500
1110.8
20/2/2007
1132.1
1144.8
1041
1058.2 1098200
1047.08
26/2/2007
1070
1149
971.5
1004.9 1288000
994.34
1222075 1084.815
ICICI BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
5/2/2007
959.65
1010
938.15
996.15 1340200
985.25
12/2/2007
990.1
990.1
891.25
949.6 1895300
939.21
20/2/2007
985
987.8
892.55
907 1390300
897.08
26/2/2007
913.8
923.45
801.5
842.9
2008400
1658550
833.68
913.805
Mar-07
SBI WEEKLY REPORT (MAR-2007)
Date
Open
High
Low
5/3/2007
999
1024
12/3/2007
990
1001
19/3/2007
924.8
1042.85
26/3/2007
1030
1039.85
Close
Volume
Adj Close
944.35
982.65 1639800
972.32
898.1
913.6 1354500
904
907.1
1026.2 1371600
1015.42
956.15
994.45 1258000
984
1405975
968.935
Apr-07
SBI WEEKLY REPORT (APRIL-2007)
Date
Open
High
Low
2/4/2007
979.4
979.4
9/4/2007
952.5
1013.8
16/4/2007
1006
1084
23/4/2007
1075.5
1165.8
30/4/2007
1091
1161.6
915
952.5
997.05
1030
1051
Close
Volume
Adj Close
948.45 1066800
938.48
997.95
967900
987.46
1073.95 1471900
1062.66
1101.65 1712900
1090.07
1128.3 1054900
1116.44
1254880 1039.022
May-07
SBI WEEKLY REPORT (MAY-2007)
Date
Open
High
Low
7/5/2007
1198
1198
14/5/2007
1180
1340
21/5/2007
1341
1364
28/5/2007
1314.85
1361.7
Close
1070
1180
1240
1300
1153
1327.45
1298.65
1353.65
Volume
Adj Close
1532200
1140.88
2197400
1313.5
1519600
1285
1358000
1339.43
1651800 1269.703
Date
Open
7/5/2007
14/5/2007
21/5/2007
28/5/2007
Jun-07
SBI WEEKLY REPORT (JUN-2007)
Date
Open
4/6/2007
11/6/2007
18/6/2007
25/6/2007
High
1400
1356
1340
1460
Low
1454
1378.9
1478
1531.7
Close
Volume
Adj Close
1321.3
1356.6 2006800
1342.34
1280.2
1324.1 1499100
1324.1
1313
1455.2 1752700
1455.2
1434.05
1525.8 1964200
1525.8
1805700
1411.86
Jul-07
SBI WEEKLY REPORT (JULY-2007)
Date
Open
High
Low
Close
Volume
Adj Close
2/7/2007
1530
1799
1523.35
1550.5 1770500
1550.5
9/7/2007
1556
1583.95
1515
1559.95
895200
1559.95
16/7/2007
1560
1624.7
1545
1584.25 1162800
1584.25
23/7/2007
1584
1608
1470.1
1498.75 1206700
1498.75
30/7/2007
1524.45
1652.4
1509.8
1635.75 2615400
1635.75
1530120
1565.84
Date
Open
Adj Close
2/7/2007
9/7/2007
16/7/2007
23/7/2007
30/7/2007
981.5
979.9
972.5
983
910
1010
991.25
1003.5
991.15
940
945
950.5
948
901
881.55
981.5
972.5
985.85
914.4
915.5
2435700
1616300
1449100
1718700
2291100
1902180
981.5
972.5
985.85
914.4
915.5
953.95
Aug-07
SBI WEEKLY REPORT (AUG-2007)
Date
Open
High
Low
Close
Volume
Adj Close
6/8/2007
1610
1734.8
1575.2
1606.95 1775800
1606.95
13/8/2007
1620
1636
1461.05
1515.05 1930800
1515.05
20/8/2007
27/8/2007
1575
1519
1590
1618
1407
1486
1468
1596
2202300
1896100
1951250
1468
1596
1546.5
Sep-07
SBI WEEKLY REPORT (SEP-2007)
Date
Date
Open
3/9/2007
10/9/2007
17/9/2007
24/9/2007
High
Low
1619
1653
1594
1707.55
1635
1844
1840
1961.95
Close
1580
1585
1635
1780
Volume
Adj Close
1617 1292600
1617
1652.7 1211600
1652.7
1828 1257400
1828
1957.05 1617300
1957.05
1344725 1763.688
Date
Oct-07
SBI WEEKLY REPORT (OCT-2007)
Date
Open
1/10/2007
8/10/2007
15/10/2007
22/10/2007
29/10/2007
High
Low
1952
1965
1885
1958.6
1874
1991
1630
2105
2135
2274
Close
Volume
Adj Close
1786
1844.15 1788100
1844.15
1749.7
1871 1494900
1871
1600
1674.1 1809300
1674.1
1610.1
2100 2119200
2100
2000
2250 2378600
2250
1918020
1947.85
15/10/2007
22/10/2007
29/10/2007
755
820
927
899
928.3
959.9
750
800
860
832.35
919
929.2
217400
100200
65700
119420
832.35
919
929.2
832.18
Nov-07
SBI WEEKLY REPORT (NOV-2007)
Date
Open
5/11/2007
12/11/2007
19/11/2007
26/11/2007
High
Low
Close
2250
2329.4
2125
2100
2450
2080.35
2335
2369.7
2124.2
2280
2345
2222.1
Volume
Adj Close
2136 1711900
2136
2323 1519600
2323
2261 1403800
2261
2305 1243100
2305
1469600
2256.25
26/11/2007
1164.9
1193.5
1105
1175
2582100
2659925
1175
1165.1
Dec-07
SBI WEEKLY REPORT (DEC-2007)
Date
Open
High
Low
Close
Volume
Adj Close
3/12/2007
2330
2457.7
2302
2436
997200
2436
10/12/2007
2436
2476
2376.35
2410.55
611300
2410.55
17/12/2007
2410
2410
2227
2270
765000
2270
24/12/2007
2324.7
2438.7
2290.35
2376.8
677400
2376.8
31/12/2007
2409.8
2574
2342
2380
568900
2380
723960
2374.67
ICICI BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
3/12/2007
1180
1250
1131
1246 3323600
1246
10/12/2007
1250.1
1326.6
1203
1209.35 2472700
1209.35
17/12/2007
1238.8
1238.8
1130.25
1163 2238300
1163
24/12/2007
1160
1260
1158
1230 1689300
1230
31/12/2007
1238
1300
1200
1280 1992000
1280
2343180
1225.67
ANDHRA BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
3/12/2007
100.5
111
100.05
104.5
862600
104.5
10/12/2007
109.9
116.4
103
111 1673800
111
17/12/2007
111
112
100.6
101.4
662100
101.4
24/12/2007
103.7
107.75
102.15
105.75
644800
105.75
31/12/2007
107.05
128.45
104.9
124.6 2920800
124.6
1352820
109.45
AXIS BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
3/12/2007
940
950.3
920
935.2
25200
935.2
10/12/2007
940
1000
925.5
993.9
116000
993.9
17/12/2007
999
1009
925.9
932.1
51200
932.1
24/12/2007
1000
1000
925
976.95
74800
976.95
31/12/2007
976.45
1074.75
963.6
1056.45
73100
1056.45
68060
978.92
Jan-08
SBI WEEKLY REPORT (JAN-2008)
Date
Open
High
Low
Close
Volume
Adj Close
7/1/2008
2398.7
2507
2361
2453.1
921900
2453.1
14/1/2008
2478.7
2536.35
2325.25
2370 1178100
2370
21/1/2008
2357
2458.8
1830
2405 1466300
2405
28/1/2008
2299
2359
2117
2195
985800
2195
1138025 2355.775
Date
Open
7/1/2008
14/1/2008
21/1/2008
28/1/2008
Feb-08
SBI WEEKLY REPORT (FEB-2008)
Date
Open
4/2/2008
11/2/2008
18/2/2008
25/2/2008
Date
High
2214
2266.9
2315
2133.7
Low
2307.4
2304
2339.7
2155
Close
Volume
Adj Close
2116.2
2191.1
887000
2191.1
2001.7
2294
709700
2294
2100
2100
684500
2100
1945
2088.8 1110100
2088.8
847825 2168.475
Open
4/2/2008
11/2/2008
18/2/2008
25/2/2008
Date
Open
4/2/2008
11/2/2008
18/2/2008
25/2/2008
Date
Open
4/2/2008
11/2/2008
18/2/2008
25/2/2008
982
1046
999
1046.8
1075
1040
900
960
937
1026.9
970.5
1018.75
194900
95400
210800
144100
1026.9
970.5
1018.75
999.25
Mar-08
SBI WEEKLY REPORT (MAR-2008)
Date
Open
3/3/2008
10/3/2008
18/3/2008
25/3/2008
31/3/2008
High
2001
1810
1640
1665
1674
Low
2052.4
1960
1679.4
1794
1711
Close
Volume
Adj Close
1755.5
1831 1434900
1831
1680
1709.9 1314500
1709.9
1581
1603 1425700
1603
1612.65
1680.2 1271500
1680.2
1582
1603
875200
1603
1264360
1685.42
Date
Open
High
Low
3/3/2008
1060
1060
10/3/2008
877
924
18/3/2008
768.7
899
25/3/2008
839.85
893
31/3/2008
848.85
848.85
Close
Volume
Adj Close
855.25
890.05 7742800
890.05
817
874 5066100
874
720.05
779 8038700
779
752.55
835 5145600
835
732
764.8 4110500
764.8
6020740
828.57
Apr-08
SBI WEEKLY REPORT (APR-2008)
Date
Open
High
Low
Close
Volume
Adj Close
7/4/2008
1619
1722
1561.35
1665.15
964700
1665.15
15/4/2008
1664
1721
1630.1
1676.8
846900
1676.8
21/4/2008
1674.9
1753.8
1660
1749
837000
1749
28/4/2008
1760
1840
1720.1
1825 1084600
1825
933300 1728.988
ICICI BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
7/4/2008
799.95
842
726.55
788.4 4047700
788.4
15/4/2008
761.1
851
752.2
835.6 4685600
835.6
21/4/2008
841
929.8
825.25
913 4102400
913
28/4/2008
931.8
960
872
932.6 5432400
932.6
4567025
867.4
ANDHRA BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
7/4/2008
75.7
79.8
73.15
77
293400
77
15/4/2008
77.4
81.9
76.2
81.5
308800
81.5
21/4/2008
81
84
77.55
80.9
373500
80.9
28/4/2008
81
84.5
79.5
83
394100
83
342450
80.6
Date
Open
7/4/2008
15/4/2008
21/4/2008
28/4/2008
May-08
SBI WEEKLY REPORT (MAY-2008)
Date
Open
High
Low
Close
Volume
Adj Close
5/5/2008
1838.4
1838.4
1666.35
1673 1014200
1673
12/5/2008
1665
1714
1616
1708
729000
1708
20/5/2008
1700
1702
1564.3
1575.5
904300
1575.5
26/5/2008
1563
1574.7
1435.35
1445 1106800
1445
938575 1600.375
ICICI BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
5/5/2008
950
960.9
863.3
872 4161000
872
12/5/2008
865
945
862
944 3442500
944
20/5/2008
957
971
857.35
863 4032400
863
26/5/2008
835.25
863
778.2
786.55 5752700
786.55
4347150 866.3875
ANDHRA BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
5/5/2008
83.75
87.9
80.1
81
354900
81
12/5/2008
80.9
82.65
79
80.35
343900
80.35
20/5/2008
80.05
81.95
79.5
79.7
176700
79.7
26/5/2008
78
80.15
73.9
75.55
565300
75.55
360200
79.15
AXIS BANK WEEKLY REPORT
Date
Open
High
Low
Close
Volume
Adj Close
5/5/2008
930
969.9
831.05
836.3
359700
836.3
12/5/2008
815
917.4
812
901.65
394600
901.65
20/5/2008
902.15
908
797.6
799.85
282000
799.85
26/5/2008
781
850
731.1
794.05
405400
794.05
360425 832.9625
VOLUME TRADED
SBI
ICICI
ANDHRA AXIS
May-06 1588560 1032800 1033360
98520
Jun-06 1751000 1115325
708600
299525
Jul-06 1665160 1093020
825280
131420
Aug-06 1279400 1401250 1023900
80225
Sep-06 1102325
951575 1231850
142500
Oct-06
948840 1010260 1174780
90800
Nov-06 1353975 1910700 1054550
448275
Dec-06 1144700 1095825
547275
189575
Jan-07 1149920 1235480
503540
150760
Feb-07 1222075 1658550
446650
167675
Mar-07 1405975 1583175
212250
154600
Apr-07 1254880 1475340
434140
299640
May-07 1651800 1372750
842725
313850
Jun-07 1805700 1106400
510475
244100
Jul-07 1530120 1902180 1141800
297720
Aug-07 1951250 3313150
829175
704925
Sep-07 1344725 2884250 1492150
174600
Oct-07
Nov-07
Dec-07
Jan-08
Feb-08
Mar-08
Apr-08
May-08
1918020
1469600
723960
1138025
847825
1264360
933300
938575
3895280
2659925
2343180
5411400
2812425
6020740
4567025
4347150
1215060
1090325
1352820
1214300
913225
590180
342450
360200
119420
230425
68060
613600
144100
950360
390375
360425
ANDHRA
ICICI
872.714 572.72
735.85 473.36
747.88 506.23
884.34 586.36
971.67 644.74
1051.53 725.99
1232.06 855.16
1256.76 865.34
1196.76
950
1084.81
913
968 844.05
1039 874.28
1269 897.92
1411.8 928.06
1565.8 953.95
1546.5
851
1763.68
961.7
1947.8 1124.6
2256.2 1165.1
2374.6 1225.6
2355.7 1285.4
2168.4 1108.4
1685.4
828.5
1728.9
867.4
1600.3
866.3
AXIS
76.16 327.17
61.43 258.43
64.04 282.09
82.06 334.87
88.06
351.8
91.11 413.03
90.05 474.52
85.49 459.31
86.58
517
79.215
515.9
75.21
477.4
77.5
460
85.39
549
84.28 593.97
86.87 629.74
81.27 592.65
96.16
693
90.8
832.1
98.05
937
109.45
978.9
102.1 1116.5
89.72
999.2
76.4
793
80.6
856.5
79.15 832.96
1500000
ICICI
1000000
ANDHRA
BANK
AXIS
500000
0
May06
Sep06
Oct06
Nov06
Dec06
J an07
Feb07
Mar07
Apr07
SBI
4000000
ICICI
3000000
ANDHRA
BANK
AXIS
2000000
1000000
0
May- J un- J ul- Aug- Sep- Oct- Nov- Dec- J an- Feb- Mar- Apr- May07 07
07
07
07
07
07 07 08
08 08
08
08
SBI
800
ICICI
600
ANDHR
A
AXIS
400
200
0
May- J un06
06
J ul- Aug- Sep- Oct- Nov- Dec- J an- Feb- Mar- Apr06
06
06
06
06
06
07
07
07
07
1500
ICICI
1000
ANDHR
A
AXIS
500
0
May- J un- J ul- Aug- Sep- Oct- Nov- Dec- J an- Feb- Mar- Apr- May07 07
07
07 07
07
07
07 08 08
08
08
08
CHAPTER-5
FINDINGS, SUGGESTIONS
AND
CONCLUSION
5.1.FINDINGS
MARCH-07.
AXISBANK has registered high in NOVEMBER-06 and low in MAY-06.
Average Closing Price for SBI is high in the month of DECEMBER-06 and low in
JUNE-06.
Average Closing Price for ICICI is high in the month of JANUARY-07 & low in
JUNE-06.
Average Closing Price for Andhra Bank is high in the month of OCTOBER-06 &
low in JUNE-06.
Average Closing Price for Axis Bank is high in the month of JANUARY-07 & low
in JUNE-06.
Average Closing Price for SBI is high in the month of DECEMBER-07 and low in
MAY-07.
Average Closing Price for ICICI is high in the month of JANUARY-08 & low in
MARCH-08.
Average Closing Price for Andhra Bank is high in the month of DECEMBER-07 &
low in MAY-07.
Average Closing Price for Axis Bank is high in the month of JANUARY-08 & low
in MAY-07.
5.2.SUGGESTIONS
March , since the average Volume Traded and Closing Price are very high.
3. SBI & ICICI are the best for investing because there is high growth rate.
5. For Long term gains SBI & ICICI are the best for investment.
6. For Short term gains Axis Bank & Andhra Bank can be considered as there are less
profits.
5.3.CONCLUSION
It is concluded that from the period of May-2006 to May-2008 the Average Volume
Trading is low from May to September and from September to March trading was
high.
Average Closing Price in this two years that is from May-2006 to May-2008 was
low from May to August and increased from September to March.
BIBLIOGRAPHY
BIBLIOGRAPHY
Books
Security Analysis and Portfolio management- Punithavathy Pandian - Vikas
International Editions
Websites
www.Sharekhan.com
www.icici.com
www.nseindia.com
www.sbi.com
www.axisbank.com