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 TABLE OF CONTENTS
CHAPTER CONTENT PG NO

CHAPTER-1 INTRODUCTION

&

RESEARCH METHODOLOGY

 Need For The Study

 Objectives Of The Study
 Scope of The Study
 Research Methodology
 Limitations

CHAPTER-2 INDUSTRY PROFILE

COMPANY PROFILE

CHAPTER-3 DATA INTERPRETATION

CHAPTER-4 FINDINGS
&
SUGGESTIONS

BIBLIOGRAPHY

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 CHAPTER 1

INTRODUCTION

&

RESEARCH METHODOLOGY

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 INTRODUCTION:

STOCK MARKET

The stock market comprises of two principle segments, the essential market, and the
optional market. The essential market is the place new issues are first sold through beginning open
contributions (IPOs). Institutional speculators ordinarily buy the vast majority of these offers from
venture banks.

The value of the organization opening up to the world and the quantity of offers issued
will decide the opening cost of the IPO stock. All subsequent exchanging occurs in the optional
market, where members incorporate both institutional and singular speculators. An organization
utilizes the cash raised from its IPO to develop, however once its stock begins exchanging, it doesn't
get assets from the purchasing and selling of its offers.

Stock Exchange in purchasing and selling shares

The stock trades in India, under the general supervision of the administrative expert, the
Securities and Exchange Board of India (SEBI), give an exchanging stage, where purchasers and
dealers can meet to execute in securities. The exchanging stage given by NSE is an electronic one and
there is no requirement for purchasers and venders to meet at a physical area to exchange. They can
exchange through the automated exchanging screens accessible with the NSE exchanging individuals
or the web based exchanging office given by the exchanging individuals from NSE.

Kinds of stock market:

There are a wide range of players related with the stock market, including stockbrokers,
merchants, stock examiners, portfolio chiefs and speculation brokers. Every ha an extraordinary job,
yet a significant number of the jobs are interwoven and rely upon one another to make the market run
adequately.

 Stockbrokers

Otherwise called enrolled delegates in the U.S., are the authorized experts who purchase and sell
securities in the interest of speculators. The dealers go about as delegates between the stock trades and
the financial specialists by purchasing and selling stocks for the speculators' sake.

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  Stock experts

Perform research and rate the securities as purchase, sell, or hold. This exploration gets scattered to
customers and invested individuals who choose whether to purchase or sell the stock.

 Portfolio directors

Those are experts who contribute portfolios, or accumulations of securities, for customers. These
directors get suggestions from experts and settle on the purchase or sell choices for the portfolio.
Shared store organizations, mutual funds, and annuity plans use portfolio supervisors to settle on
choices and set the venture techniques for the cash they hold.

 Investment brokers

Speak to organizations in different limits, for example, privately owned businesses that need to open
up to the world by means of an IPO or organizations that are associated with pending mergers and
acquisitions.

ESSENTIAL MARKET:

The essential market gives the channel to closeout of new securities. Essential market gives chance to
guarantors of securities; Government just as corporate, to raise assets to meet their necessities of
speculation as well as release some commitment.

They may issue the securities without needing any proof, or at a rebate/premium and these securities
may take an assortment of structures, for example, value, obligation and so forth. They may issue the
securities in residential market as well as universal market.

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Issue cost:

The cost at which an organization's offers are offered at first in the essential market is called as the
Issue cost. When they start to be exchanged, the market cost might be above or beneath the issue cost.

Market Capitalization:

The market estimation of a cited organization, which is determined by increasing its present offer cost
(advertise cost) by the quantity of offers in issue is called as market capitalization.

Sorts of issues:

Principally, issues can be named a Public, Rights or Preferential issues (otherwise called private
arrangements). While open and rights issues include a nitty gritty methodology, private situations or
particular issues are generally less difficult. The grouping of issues is shown underneath:

• Initial Public Offering (IPO) is the point at which an unlisted organization makes either a new
issue of securities or an idea available to be purchased of its current securities or both out of the blue to
general society. This clears path for posting and exchanging of the guarantor's securities.

• A pursue on open offering (Further Issue) is the point at which an officially recorded organization
makes either a new issue of securities to the general population or an idea available to be purchased to
people in general, through an offer archive.

• Rights Issue is the point at which a recorded organization which proposes to issue crisp securities
to its current investors as on a record date. The rights are regularly offered in a specific proportion to
the quantity of securities held preceding the issue. This course is most appropriate for organizations
who might want to raise capital without weakening stake of its current investors.

• A Preferential issue is an issue of offers or of convertible securities by recorded organizations to a

select gathering of people under Section 81 of the Companies Act, 1956 which is neither a rights issue
nor an open issue. This is a quicker route for an organization to raise value capital. The guarantor
organization needs to follow the Companies Act and the prerequisites contained in the Chapter relating
to particular allocation in SEBI rules which between alia incorporate valuing, exposures in notice and
so on.

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OPTIONAL MARKET

Optional market alludes to a market where securities are exchanged in the wake of being at first
offered to general society in the essential market as well as recorded on the Stock Exchange. Larger
part of the exchanging is done in the optional market. Optional market includes value markets and the
obligation markets.

Job of the Secondary Market:

For the general financial specialist, the auxiliary market gives a productive stage to exchanging of his
securities. For the administration of the organization, Secondary value markets fill in as a checking and
control course—by encouraging quality upgrading control exercises, empowering execution of
motivating force based administration contracts, and collecting data (by means of value disclosure)
that guides the board choices.

Screen Based Trading:

The exchanging on stock trades in India used to occur through open objection without utilization of
data innovation for quick coordinating or recording of exchanges. This was tedious and wasteful. This
forced breaking points on exchanging volumes and effectiveness. So as to give effectiveness, liquidity
and straightforwardness, NSE presented an across the country, on-line, completely robotized screen-
based exchanging framework (SBTS) where a part can punch into the PC the amounts of a security and
the cost at which he might want to execute, and the exchange is executed when a coordinating deal or
purchase request from a counter gathering is found.

Perfect:

NSE is the main trade on the planet to utilize satellite correspondence innovation for exchanging. Its
exchanging framework, called National Exchange for Automated Trading (NEAT), is a cutting edge
customer server-based application. At the server end all exchanging data is put away in an in-memory
database to accomplish least reaction time and most extreme framework accessibility for clients. It has
uptime record of 99.7%. For all exchanges went into NEAT framework, there is uniform reaction time
of short of what one moment.

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Items in the Secondary Markets:

Following are the fundamental money related items/instruments managed in the Secondary market
which might be partitioned comprehensively into Shares and Bonds:

1. Offers:

Value Shares:

A value share, normally alluded to as common offer, speaks to the type of fragmentary proprietorship
in a business adventure.

Rights Issue/Rights Shares:

The issue of new securities to existing investors at a proportion to those effectively held, at a cost. For
example a 2:3 rights issue at Rs. 125, would qualifies an investor for get 2 shares for each 3 shares
held at a cost of Rs. 125 for every offer.

Bonus Shares:

Shares issued by the companies to their shareholders free of cost based on the number of shares the
shareholder owns.

Preference shares:

Owners of these kind of shares are entitled to a fixed dividend or dividend calculated at a fixed rate to
be paid regularly before dividend can be paid in respect of equity share. They also enjoy priority over
the equity shareholders in payment of surplus. But in the event of liquidation, their claims rank below
the claims of the company’s creditors, bondholders/debenture holders.

Cumulative Preference Shares:

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 A type of preference shares on which dividend accumulates if remained unpaid. All
arrears of preference dividend have to be paid out before paying dividend on equity shares.

Cumulative Convertible Preference Shares:

A type of preference shares where the dividend payable on the same accumulates, if not paid. After a
specified date, these shares will be converted into equity capital of the company.

2.Bond:

It is a negotiable certificate evidencing indebtedness .It is normally unsecured. A debt security is

generally issued by a company, municipality or government agency. A bond investor lends money to
the issuer and in exchange, the issuer promises to repay the loan amount on a specified maturity date.
The issuer usually pays the bond holder periodic interest payments over the life of the loan. The
various types of Bonds are as follows:

 Zero Coupon Bond:

Bond issued at a discount and repaid at a face value. No periodic interest is paid. The difference
between the issue price and redemption price represents the return to the holder. The buyer of these
bonds receives only one payment, at the maturity of the bond.

 Convertible Bond:

A bond giving the investor the option to convert the bond into equity at a fixed conversion price.

3.Treasury Bills:

Short- term (up to one year) bearer discount security issued by government as a means of financing
their cash requirements

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MARKET INDEX:

Traditionally, indices have been used as benchmarks to monitor markets and judge performance.
Modern indices were first proposed by two 19th century mathematicians: Etienne Lapsers and
Hermann Paschal. The grandfather of all equity indices is the Dow Jones Industrial Average which
was first published in 1896; since then indices have come a long way - not only in their sophistication -
but also in the variety.

There are three main types of indices, namely price index, quantity index and value index. The price
index is most widely used. It measures changes in the levels of prices of products in the financial,
commodities or any other markets from one period to another. The indices in financial markets
measure changes in prices of securities like equities, debentures, government securities, etc. The most
popular index in financial market is the stock (equity) index which uses a set of stocks that are
representative of the whole market, or a specified sector, to measure the change in overall behavior of
the markets or sector over a period of time.

Stock index is important:

1. as the lead indicator of the performance of the overall economy or a sector of the economy: A
good index tells us how much richer or poorer investors have become.

2. as a barometer for market behavior: It is used to monitor and measure market movements, whether
in real time, daily, or over decades, helping us to understand economic conditions and prospects.

3. as a benchmark for portfolio performance: A managed fund can communicate its objectives and
target universe by stating which index or indices serve as the standard against which its performance
should be judged.

4. as an underlying for derivatives like index futures and option. It also underpins products such as,
exchange-traded funds, index funds etc. These index-related products form a several trillion-dollar
businesses and are used widely in investment, hedging and risk management.

5. as it supports research (for example, as benchmarks for evaluating trading rules, technical analysis
systems and analysts’ forecasts); risk measurement and management; and asset allocation.

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S&P CNX NIFTY:

S&P CNX Nifty (Nifty), the most popular and widely used indicator of the stock market in the
country, is a 50-stock index comprising the largest and the most liquid stocks from about 25 sectors in
India. The index was introduced in 1995 by the National Stock Exchange (NSE) keeping in mind it
would be used for modern applications such as index funds and index derivatives besides Reacting the
stock market behavior. NSE maintained it till July 1998, after which the ownership and management
rights were transferred to India Index Services & Products Ltd. (IISL), a joint venture between NSE
and CRISIL.

BOMBAY STOCK EXCHANGE:

BombayStockExchange (BSE) is an Indian stock trade situated at Dalal Street, Mumbai (once in
the past Bombay). Built up in 1875, the BSE (once in the past known as Bombay Stock Exchange Ltd.)
is Asia's first stock trade. It professes to be the world's quickest stock trade, with a middle exchange
speed of 6 microseconds. The BSE is the world's tenth biggest stock trade with a general market
capitalization of more than $2.3 trillion on as of April 2018.

BSE SENSEX:

The S&P BSE SENSEX (S&P Bombay Stock Exchange Sensitive Index), likewise called
the BSE 30 or basically the SENSEX, is a free-glide advertise weighted stock market record of 30
entrenched and monetarily solid organizations recorded on Bombay Stock Exchange. The 30 part
organizations which are the absolute biggest and most effectively exchanged stocks, are illustrative of
different mechanical areas of the Indian economy. Distributed since 1 January 1986, the S&P BSE
SENSEX is viewed as the beat of the household stock markets in India. The base estimation of the
S&P BSE SENSEX is taken as 100 on 1 April 1979 and its base year as 1978– 79. On 25 July 2001
BSE propelled DOLLEX-30, a dollar-connected variant of S&P BSE SENSEX.

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RULES REGULATIONS AND REGULATORS:

The Government has confined standards under the SCRA, SEBI Act and the Depositories Act. SEBI
has surrounded guidelines under the SEBI Act and the Depositories Act for enlistment and guideline of
all market middle people, and for counteractive action of out of line exchange rehearses, insider
exchanging, and so forth. Under these Acts, Government and SEBI issue notices, rules, and booklets
which should be consented to by market members. The SROs like stock trades have likewise set out
their standards and guidelines. The absence of states of ideal challenge in the securities advertise
makes the job of controller critical. The controller guarantees that the market members carry on in an
ideal way with the goal that securities showcase keeps on being a noteworthy wellspring of money for
corporate and government and the enthusiasm of financial specialists are ensured. The obligation
regarding controlling the securities advertise is shared by Department of Economic Affairs (DEA),
Department of Company Affairs (DCA), Reserve Bank of India (RBI) and SEBI. The requests of SEBI
under the securities laws are appealable before a Securities Appellate Tribunal (SAT)l. The greater part
of the forces under the SCRA are exercisable by DEA while a couple of others by SEBI.

NATIONAL STOCK EXCHANGE:

The National Stock Exchange of India Limited (NSE) is the main stock trade of India, situated in
Mumbai. The NSE was set up in 1992 as the first demutualized electronic trade in the nation. NSE was
the main trade in the nation to give an advanced, completely mechanized screen-based electronic
exchanging framework which offered simple exchanging office to the speculators spread over the
length and expansiveness of the nation. Vikram Limaye is Managing Director and Chief Executive
Officer (MD and CEO) of NSE.

National Stock Exchange has a complete market capitalization of more than US$2.27 trillion, making
it the world's eleventh biggest stock trade as of April 2018. NSE's leader record, the NIFTY 50, the 50-
stock list is utilized broadly by financial specialists in India and around the globe as an indicator of the
Indian capital markets. Clever 50 record was propelled in 1996 by the NSE. In any case, Vaidyanathan
(2016) gauges that just about 4% of the Indian economy/GDP is really gotten from the stock trades in
India.

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NIFTY:

The NIFTY 50 file is National Stock Exchange of India's benchmark expansive based stock market file
for the Indian value advertise. It speaks to the weighted normal of 50 Indian organization stocks in 12
segments and is one of the two principle stock lists utilized in India, the other being the BSE Sensex

NEED FOR THE STUDY:

 Many investors want to invest in secondary market as it drives the price of securities
towards their actual value.
 Creates additional economic value by allowing more beneficial transactions to occur.

 Majority of trading done in secondary market.

 Secondary market has an important role to play behind the development of efficient
capital market.

OBJECTIVES OF THE STUDY:

 To understand stock markets and calculations involved in index.

 To observe the fluctuations of PSU bank indices &public sector bank indices and

calculate the risk.

 To evaluate the performance of PSU bank indices &public sector bank indices

based on risk adjusted return (sharp ratio).

 Based on study to give findings and suggestions.

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SCOPE OF THE STUDY:

 Study is done in Bonanza Portfolio Ltd, Vijayawada.

 Data is collected from particular time period 2012-2018 hence the scope is

Confined to specific duration.

METHODOLOGY:

Secondary data:

The secondary data for data analysis has been collected from NATIONAL STOCK
EXCHANGE website i.e., nseindia.com and other websites used are yahoofinance.com.

TOOLS USED FOR THE STUDY:

 Mean
 Variance
 Standard Deviation
 Sharp ratio

LIMITATIONS OF THE STUDY:

There were some difficulties while abstracting the information from the organization such as

 The brief study of capital market has to be undertaken in this project work but it could
not cover many of the aspects
 The data collected for the study could be inaccurate because the data gathered was
secondary form of data
 Only NSE index data was taken up to 6 years and no data is taken from BSE index.
 For risk only standard deviation is used but not beta.
 Risk adjusted return is calculated by only using sharp ratio.

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 CHAPTER-2
COMPANY PROFILE
&
INDUSTRIAL PROFILE

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 INDUSTRY PROFILE:

The Stock Exchange is an institution of rather recent growth. Historical records show that
there was stock trading in India at Bombay and Calcutta in the first half of the 19th century. Though
there was stock trading even at the time of the East India Company, stock business started in its
organized form only in 1875.

As economic development precedes the scope for acquisition and ownership of capital by
private individuals also grows. Along with it, the opportunity for stock exchanges to render the service
of stimulating private savings and channelizing such savings into productive investments exists on a
vastly greater scale. In a modem industrial society, which recognizes the rights of private ownership of
capital, stock exchanges and stockbrokers play a significant role.

The pace at which the equity cult is growing and the stock market boom of 1985 have
meant not only a phenomenal increase in the number of investors but a so a change in the profile of the
stock broking community. The stock-broking business is attracting qualified management graduates
and professional accountants in increasing numbers. With the advent of these professionals, the natures
of services rendered by the stock-broking firms are also undergoing speedy transformation. Stock-
broking is essentially a function of the capital market, which offers the best value proposition for the
development of industry.

"The business of brokers consists of searching out buyers when their customers wish to sell
and sellers when their customers wish to buy and arranging transactions in accordance with their
customers' instructions."' Brokers charge a commission on each purchase and sale, which they execute,
but they ordinarily get nothing unless they can complete a transaction.

INDUSTRIAL ANALYSIS OF STOCK BROCKERAGE COMPANIES IN INDIA:

 The domestic capital markets revived in FY2017, after a year of lackluster performance,
supported by favorable market sentiment, healthy foreign institutional investment (FII) inflow,
as well as growing domestic institutional investor (DII) participation in the market.
 Equity turnover at the exchanges registered a robust growth of ~35% in FY2017 supported by
the revival in the capital markets and the base effect given the subdued performance in
FY2016, which was a period of de-growth. The Average Daily Turnover (ADTO) increased to

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 Rs. 4.05 trillion in FY2017, from Rs. 3.01 trillion in FY2016. The impact of demonization
remained limited, with the growth in the market turnover slowing down in Q3 FY2017, to
again pickup in the following quarter.
 Both the decline in market volumes in FY2016 as well as their improvement in FY2017 was
led by the derivatives or the futures and options (F&O) segment which witnessed a 9% decline
and a 36% growth in the two years respectively. The share of the derivative segment in the
total market turnover increased further to 94%, from ~93% during the period FY2013 to
FY2016. The total turnover for the derivatives segment increased to Rs. 944 trillion in
FY2017 (ADTO of 3.81 trillion) from Rs 693 trillion (ADTO of 2.80 trillion) in FY2016,
registering a growth of 36%. The healthy traction continued in Q1 FY2018 with a total F&O
turnover of Rs. 328 trillion.

Currency trading volumes of brokerage houses remained volatile in the past nine
quarters after growing sizably in Q4 FY2015. Currency volumes in Q4 FY2016 were ~11%
higher than the volumes in Q4 FY2015; however, in Q4 FY2017, the volumes declined by ~17%
from the volumes in Q4 FY2016. Due to demonetization, the volumes surged by 66% on a month-
on-month basis in November 2016. Appreciation of the Rupee during Q4 FY2017 did not impact
the volumes which declined to Rs. 19.4 trillion from Rs. 21.4 trillion in Q3 FY2017. ADTO,
which spiked to Rs. 0.35 trillion during Q3 FY2016 largely on account of demonetization,
declined to Rs. 0.32 trillion during Q4 FY2017.

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 COMPANY PROFILE:

Kotak Mahindra is one of India's leading banking and financial services organizations,
offering a wide range of financial services that encompass every sphere of life. From commercial
banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to
the diverse financial needs of individuals and corporate sector.

The Group has a net worth of over Rs. 12,900 crores and has a distribution network of
branches, franchisees, representative offices and satellite offices across cities and towns in India. It has
offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius, & Singapore and is
servicing around 10 million customer accounts.

ABOUT SHARE BROKING SERVICES:

Kotak Securities was founded in 1994 as a subsidiary of Kotak Mahindra Bank and is proud
to be the nation’s best broker* today.

Our numbers speak for ourselves:

 Rs 153 crore of Assets Under Management (AUM) as on 31st March 2017

 13.59 Lakh customer accounts
 Over 5 Lakh trades per day
 1281 branches, franchisees and satellite offices
 377 cities across India

AWARDS AND RECOGNITION:

 Broker of the Year (India) - The Asian Banker's Financial Markets Business Achievement
Awards 2014
 Overall best Equity Broking House by BSE IPF - D&B Equity Broking Awards for the
year 2013
 Top Performer in New Accounts Opened (Non-Bank Category) - NSDL Star Performers
Award 2013
 Fastest growing Equity Broking House by BSE IPF - D&B Equity Broking Awards for the
year 2012
 Best Brokerage Firm in India by Asia money in 2009, 2008, 2007 & 2006.

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 COMPETITORS:

 ICICI DIRECT:

Corporate Services:

In our ceaseless exertion to continually try to overhaul administrations to clients, we are upbeat to
acquaint our corporate administrations with our esteemed corporates. This administration will help
distinguish their budgetary necessities as far as assurance of your benefits, dealing with your ventures
and financing your objectives. For insurance of your benefits we would evaluate the dangers related
with it, and the need to fund those dangers to shield corporates from any misfortunes that they may
need to hold up under because of presence of such dangers. To enable them to deal with their
speculations we would give them a few long haul and momentary venture choices. They can pick the
best reasonable choice, contingent upon their liquidity, chance and return desires. Likewise, corporate
have a few objectives like extension, broadening and so forth., for which they may require outer
subsidizing, we would help them in financing and accomplishing their objectives.

AWARDS:

 ICICI Securities won the Award for Outstanding Social Impacts at the Global
Sustainability Leadership Awards 2014 These honors perceive organizations for their
commitment to the general public in their space just as organizations that convey items
and administrations in manners that assesses their duty towards the networks they contact.

 "MOST ADMIRED SERVICE PROVIDER IN FINANCIAL SECTOR? at the

BANKING FINANCIAL SERVICES and INSURANCE AWARDS 2014 exhibited by
ABP News

 ICICIdirect.com won the Mobbys grant for the "Best Mobile application in Mobile
Trading"

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  ANGEL BROKING:

About Company:

As a main stock broking and riches the executives firm, we are upsetting the essence of retail putting
resources into India with a tech-edge. A 30-year youthful organization, we serve our customers dish
India with the deftness of a begin ; offering a broad scope of money related arrangements, helped by
hey tech advanced innovation and capably supplemented by an epic nearness of 16,308 exchanging
terminals and a mammoth system of sub-dealers. The Angel Group up is an individual from the
Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two driving Commodity
Exchanges in the nation: NCDEX and MCX. We are likewise enrolled as a Depository Participant with
CDSL. We started our adventure in 1987, with the goal to serve the exceptionally disregarded division
of retail financial specialists.

AWARDS:

• Angel Broking Pvt Ltd was granted for being one of the Top Volume Performers in Equity Retail
Segment 2016-17 by BSE.

• Angel Broking Pvt Ltd was granted as the Best performing retail part Pan India 2016-17 at Market
Excellence Awards sorted out by NSE.

• Angel Broking is granted for as Brand of the Year 2016-17.

 EDELWISS:

Edelweiss Financial Services Limited is a holding organization. The Company is occupied

with giving venture banking and warning administrations and holding exercises/speculations.
The Company's sections incorporate Agency business, Capital based business and Life
Insurance. Its Agency business portion is occupied with giving broking, warning, item
dissemination and other expense based administrations. Its Capital based business portion
incorporates pay from treasury, venture salary and financing. Its Life Insurance fragment
speaks to aftereffects of Edelweiss Tokyo Life Insurance Company Limited, a backup of the
Company. The Company arranges its business into three gatherings: credit, non-credit and
protection. Its credit business incorporates organized collateralized credit, bothered resources
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credit, land account, home loans, and little and medium-sized undertakings (SME) and Agri
financing. Its non-credit business comprises of riches the board, resource the board and
capital markets.

AWARDS AND RECOGNITIONS:

• Gold for Best Content in an ATL battle – SME Loans Campaign India Content
Leadership Awards 2018

• Silver for 360-degree media use in a crusade – SME Loans Campaign Delhi Ad Club
SAARC Awards 2018

• Best Financial Solutions - India 2018Business Vision Awards 2018, UK

• Best item development - Wealth Pluset Now BFSI Awards 2017

• Best lodging account organization (mid and little) – Edelweiss Housing

FinanceLimited Now BFSI Awards 2017

BONANZA PORTFOLIO LIMITED:

A money related powerhouse! That is what Bonanza is really going after! Set up in
the year 1994, Bonanza formed into one of the biggest money related administrations and
broking house in India inside a limited ability to focus time. Today, Bonanza is the quickest
developing budgetary administration with 5 uber gathering organizations under it. With
persevering exertion, recognized industry authority and experience, Bonanza has spread its
reliable mastery everywhere throughout the nation with dish India nearness crosswise over in
excess of 1784 outlets spread crosswise over 560 urban areas.

With a buffet of administrations over all verticals in account, Bonanza offers you the
ideal mix of money related administrations directly from Equity Broking, Advisory Services
that spread Portfolio Management Services, Mutual Fund Investments, Insurance to
uncommon Depository Services.

Bonanza has confidence in being mechanically exceptional with the goal that we can
offer you – our educated clients - a coordinated and imaginative stage to exchange online just
as disconnected. In addition, we likewise have one of the best and most committed research
groups with specialists who have top to bottom, incredible learning of the commercial center.
This and more makes Bonanza the ideal spot for you to venture out the bearing of money
related achievement.

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VISION:

To be one of the most trusted and globally reputed financial distribution companies.

VALUES:

 Customer-centric approach:
At Bonanza, customers come first. And their satisfaction is not just our top
priority but also the driving force for us, every single day.
 Transparency:
Honesty is our forte. We believe in dealing on thoroughly ethical grounds,
being fair and transparent with our customers.
 Meritocracy:
We recognize and appreciate efforts put in by our employees. And we, as a
matter of fact, reward and distinguish each one of them, ceaselessly.
 Solidarity:
We believe in sharing a forthright and respectful relationship with our
business partners and employees. We consider them both as our team associates, who
work together. Succeed together.

ACHIEVEMENTS:

 Awarded By Bse As "Real Volume Driver" - 04-05, 06-07, 07-08.

 Best Web Portal Giving Integrated Property Services, 2013.

 Ranked Among The Top 3 National Level Financial Guides 3 Years Straight - 2008 -
2009 - 2010 By Uti Mf And Cnbc Tv 18.

 7th As Far As Sub Brokers For The Year 2012-2013.

 3rd As Far As Exchanging Terminals For The Year 2012-2013.

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 India's No. 1 Valuable Financial Advisory And Stock Broking Company.

 Top Entertainer In Equity Segment (Retail), 2012.

CORPORATE SOCIAL RESPONSIBILITY:

Other than being the bosses of budgetary administrations, bonanza additionally puts stock in
the intensity of giving. We are an organization who is socially capable towards the network
and adds to the prosperity of others through different welfare activities and foundations.
Since like they state "no demonstration of graciousness, regardless of how little, is ever
squandered"

Administrations:

Portfolio Management:

Review:

How frequently have you wished your riches was overseen for you to develop bounteously
while you sat back and delighted in the advantages? All things considered, at bonanza wishes
do work out as expected! With our skilled and dependable portfolio management services
you can encounter capability, ability and aptitude all of which enable us to draw out the best
in your arrangement of ventures.

With an undertaking to give you the best, bonanza gives profoundly proficient store the board
administrations which are adaptable to address fluctuating venture inclinations and convey
most extreme comes back to our customers.

Need of portfolio management:

 To settle on the correct choice in the erratic idea of the stock market, it requires time,
learning, background and solid research. At last it comes down to make the correct
move the correct way at the perfect time. That is the place the master comes in.

 The capital markets today need a steady following system because of unpredictability
as far as compliances, strategies, impacts and examination. Just like the case all
around, the indian speculator has additionally understood the upsides of looking for
expert guidance so as to oversee as well as enlarge their portfolio.

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Advantage of portfolio management services:

 Direct speculation: in pms, investment in stocks is immediate and shares are held in
financial specialists demat a/c as it were.

 Transparency: pms has better straightforwardness since financial specialist knows the
stocks possessions of his portfolio. He knows when and what fund manager is doing
with his portfolio.

 Better the board: although portfolio esteem is in accordance with market

development, the odds of outperformance are higher because of dynamic
administration and more prominent adaptability to control the drawback of portfolio
esteem by qualified and all around experienced store administrator upheld by solid
research group of analysts.

 No limits : pms has no money confinements and can sell the majority of the portfolio
in awful economic situation

Development:

 Bonanza growth expects to give a development arranged way to deal with speculation
the board which depends on both major and specialized research. Bonanza growth
venture rationality is exceptionally restrained and process driven and pursues a lot of
standards that centers around monitoring and building riches reliably crosswise over
market cycles.

 Demonstrative asset allocation

 Up to 100% resource allotment in values.

 Diversified portfolio.

 Portfolio offsetting with derivatives.

 Least investment: rs.25 lacs

27
Esteem:

The portfolio plans to put resources into underestimated little top and mid-top organizations
with solid basics and profit development drivers (with min. Showcase capitalization of 100
cr.)

To create long haul capital thankfulness from a portfolio that is put dominatingly in value and
value related instruments.

Demonstrative asset allocation

• up to 100% resource allotment in values.

• diversified portfolio.

• midcap/large top predisposition

Least investment: rs. 25 lakhs.

28
 CHAPTER-3

DATA ANALYSIS AND INTERPRETATION

29
REPRESENTING THE DATA OF PSU BANK INDICES FOR THE YEAR 2012 IN
MONTHLY FORMAT

PSU CHANGE IN CHANGE

DATE CLOSE(pts) POINTS IN %
2-Jan-12 2619.4 -
1-Feb-12 3314.8 695.4 26.5
1-Mar-12 3535.0 220.2 6.6
2-Apr-12 3417.0 -118.0 -3.3
2-May-12 3319.7 -97.3 -2.8
1-Jun-12 3014.7 -305.1 -9.2
2-Jul-12 3283.4 268.8 8.9
1-Aug-12 2991.1 -292.3 -8.9
3-Sep-12 2728.1 -263.1 -8.8
1-Oct-12 3389.6 661.5 24.2
1-Nov-12 3170.8 -218.8 -6.5
3-Dec-12 3345.6 174.8 5.5

POINTS %

ANNUAL
CHANGE 726.2 27.7

MEAN 60.5 2.3

VARIANCE 165.4

STD
DEVIATION 12.9

RF 6%

SHARP 2.15

30
 RATIO=
(Rp-Rf)/σp

INTERPRETATION:

For the year 2012, it has been noted that psu bank indices has increased by 726.2pts or
27.7%.the mean return has increased by 60.5 pts or 2.3% .variance is 165.4 and the standard
deviation is 12.9 &also the sharp ratio for the year 2012 is 2.15.highest closing point in the
month of march and the least closing point in the month of January.

REPRESENTING CHANGE IN % OF PUBLIC SECTOR BANK INDICES FOR THE

YEAR 2012

Chart 1
30
25
20
15
CHANGE IN %

10
5
0
-5
-10
-15

MONTH

31
REPRESENTING DATA OF PUBLIC SECTOR BANK INDICES FOR THE YEAR
2013 IN MONTHLY FORMAT

PSU CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Jan-13 3758.2 412.7 12.3
1-Feb-13 3656.9 -101.3 -2.7
1-Mar-13 3158.8 -498.1 -13.6
1-Apr-13 3084.6 -74.3 -2.4
2-May-13 3333.3 248.8 8.1
3-Jun-13 3061.0 -272.4 -8.2
1-Jul-13 2838.0 -223.0 -7.3
1-Aug-13 2277.9 -560.1 -19.7
2-Sep-13 2010.2 -267.7 -11.8
1-Oct-13 2172.9 162.7 8.1
1-Nov-13 2598.1 425.2 19.6
2-Dec-13 2517.7 -80.4 -3.1
PTS %
ANNUALCHANGE -827.9 -24.7
MEAN -69.0 -2.1
VARIANCE 135.0
STD DEVIATION 11.6
RF 6%
SHARP RATIO=
(Rp-Rf)/σp -2.13

32
INTERPRETATION:
From the above table it has been noted that PSU indices has decreased by 827.9 points or
24.7%.also the mean return has decreased by 69.0 points or 2.1% &the variance is 135.0
where the standard deviation is 11.6 and sharp ratio for the year 2013 is -2.13.highest closing
point in the month of January and the least closing point in the month of September.

REPRESENTING % OF CHANGE IN PUBLIC SECTOR BANK INDICES FOR THE

YEAR 2013

25

20

15

10
CHANGE IN %

-5

-10

-15

-20

-25

MONTH

33
REPRESENTING DATA OF PUBLIC SECTOR BANK INDICES FOR THE YEAR
2014 IN MONTHLY FORMAT

PSU CHANGE IN CHANGE

DATE CLOSE POINTS IN %
2-Dec-13 2517.65 - -
1-Jan-14 2573.3 55.65 2.2
3-Feb-14 2122.5 -450.8 -17.5
3-Mar-14 2140.75 18.3 0.9
1-Apr-14 2714.05 573.3 26.8
2-May-14 2942.25 228.2 8.4
2-Jun-14 3812.15 869.9 29.6
1-Jul-14 3863.5 51.3 1.3
1-Aug-14 3521.7 -341.8 -8.8
1-Sep-14 3570.75 49.1 1.4
1-Oct-14 3351.55 -219.2 -6.1
3-Nov-14 3776.65 425.1 12.7
1-Dec-14 4254.9 478.3 12.7
PTS %
ANNUAL
CHANGE 1737.3 69.0
MEAN 144.8 5.8
VARIANCE 189.1
STD
DEVIATION 13.8
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp 5.01

34
INTERPRETATION:

From the above table it has been noted that PSU indices has increased by 1737.3 points or
69%.also the mean return has increased by 144.8 points or 5.8% variance is 189.1&the
standard deviation is13.8 and sharp ratio for the year 2014 is 5.01.highest closing point in the
month of December and the least closing point in the month of February.

REPRESENTING % OF CHANGE IN PUBLIC SECTOR BANK INDICES FOR THE

YEAR 2014

40

30

20
CHANGE IN %

10

-10

-20

DATE

35
REPRESENTING DATA OF PUBLIC SECTOR BANK INDICES FOR THE YEAR
2015 IN MONTHLY FORMAT

PSU CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-14 4254.9 - -
1-Jan-15 4294.7 39.8 0.9
2-Feb-15 4039.6 -255.1 -5.9
2-Mar-15 3856.4 -183.2 -4.5
1-Apr-15 3507.8 -348.6 -9.0
4-May-15 3579 71.2 2.0
2-Jun-15 3391.4 -187.6 -5.2
1-Jul-15 3307.3 -84.1 -2.5
3-Aug-15 3543.4 236.1 7.1
1-Sep-15 3058.5 -484.9 -13.7
1-Oct-15 3074.5 15.95 0.5
2-Nov-15 3039.2 -35.3 -1.1
1-Dec-15 3227.3 188.1 6.2
PTS %
ANNUAL
CHANGE -1027.7 -24.2
MEAN -85.6 -2.0
VARIANCE 36.5
STD
DEVIATION 6.0
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp -4.01

36
INTERPRETATION:

From the above table it has been noted that PSU indices has decreased by 1027.7 points or
24.2%.also the mean return has decreased by 85.6 points or 2.0 % variance is 36.5 & the
standard deviation is 6.0and sharp ratio for the year 2015 is -4.01highest closing point in the
month of January and least closing point in the month of November.

REPRESENTING % OF CHANGE IN PUBLIC SECTOR BANK INDICES FOR THE

YEAR 2015

10

5
CHANGE IN %

-5

-10

-15

MONTH

37
REPRESENTING DATA OF PUBLIC SECTOR BANK INDICES FOR THE YEAR
2016 IN MONTHLY FORMAT

PSU CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-15 3227.25 - -
1-Jan-16 2908.45 -318.8 -9.9
1-Feb-16 2214.85 -693.6 -23.8
1-Mar-16 2090.5 -124.35 -5.6
1-Apr-16 2500.5 410 19.6
2-May-16 2403.4 -97.1 -3.9
1-Jun-16 2415.5 12.1 0.5
1-Jul-16 2742.5 327 13.5
1-Aug-16 2824.6 82.1 3.0
1-Sep-16 3086.8 262.2 9.3
3-Oct-16 3187.7 100.9 3.3
1-Nov-16 3177.55 -10.15 -0.3
1-Dec-16 3140.9 -36.65 -1.2
PTS %
ANNUAL
CHANGE -86.35 -2.7
MEAN -7.20 -0.2
VARIANCE 126.06
STD
DEVIATION 11.2
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp -0.24

38
INTERPRETATION:

From the above table it has been noted that PSU indices has decreased by 86.35points or
2.7%.also the mean return has decreased by 7.20points or 0.2% variance is 126.06 & the
standard deviation is 11.2and sharp ratio for the year 2016 is -0.24.also the highest closing
point in the month of October and least closing point in the month of march.

REPRESENTING % OF CHANGE IN PUBLIC SECTOR BANK INDICES FOR THE

YEAR 2016

25
20
15
10
5
CHANGE IN %

0
-5
-10
-15
-20
-25
-30

MONTH

39
REPRESENTING DATA OF PUBLIC SECTOR BANK INDICES FOR THE YEAR
2017 IN MONTHLY FORMAT

PSU CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-16 3140.9 - -
2-Jan-17 2922.25 -218.65 -7.0
1-Feb-17 3300.2 377.95 12.9
1-Mar-17 3310.7 10.5 0.3
3-Apr-17 3525.75 215.05 6.5
2-May-17 3654.5 128.75 3.7
1-Jun-17 3518.75 -135.75 -3.7
3-Jul-17 3319.9 -198.85 -5.7
1-Aug-17 3672.35 352.45 10.6
1-Sep-17 3296.3 -376.05 -10.2
3-Oct-17 3023.35 -272.95 -8.3
1-Nov-17 3921.95 898.6 29.7
1-Dec-17 3766.7 -155.25 -4.0
PTS %
ANNUAL
CHANGE 625.8 19.9
MEAN 52.15 1.7
VARIANCE 131.9
STD
DEVIATION 11.5
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp 1.73

40
INTERPRETATION:

From the above table it has been noted that PSU indices has increased by 625.8 points or
19.9%.also the mean return has increased by 52.15 points or 1.7% variance is131.9 & the
standard deviation is 11.5 and sharp ratio for the year 2017 is 1.73.also the highest closing
point in the month of December and least in the month of January.

REPRESENTING % OF CHANGE IN PUBLIC SECTOR BANK INDICES FOR THE

YEAR 2017

35

30

25

20
CHANGE IN %

15

10

-5

-10

-15

MONTH

41
REPRESENTING DATA OF PUBLIC SECTOR BANK INDICES FOR THE YEAR
2018 IN MONTHLY FORMAT

PSU CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-17 3766.7 - -
1-Jan-18 3678.8 -87.9 -2.33
1-Feb-18 3597.1 -81.7 -2.22
1-Mar-18 3021.45 -575.65 -16.00
2-Apr-18 2854.4 -167.05 -5.53
2-May-18 2792.25 -62.15 -2.18
1-Jun-18 2938.35 146.1 5.23
PTS %
ANNUAL
CHANGE -828.35 -21.99
MEAN -69.03 -1.83
VARIANCE 48.15
STD
DEVIATION 6.94
RF 6%

SHARP
RATIO=
(Rp-Rf)/σp -3.18

42
SINTERPRETATION:

From the above table it has been noted that PSU indices has decreased by 828.35 points or
21.99%.also the mean return has decreased by 69.03 points or 1.83% variance is the 48.15 &
the standard deviation is 6.94 and sharp ratio for the year 2012 is -3.18.highest closing point
for the month of January and least in the month of may.

REPRESENTING % OF CHANGE IN PUBLIC SECTOR BANK INDICES FOR THE

YEAR 2018

10

0
CHANGE IN %

-5

-10

-15

-20
1-Jan-18 1-Feb-18 1-Mar-18 1-Apr-18 1-May-18 1-Jun-18
DATE

43
REPRESENTING DATA OF PRIVATE SECTOR BANK INDICES FOR THE YEAR
2012 IN MONTHLY FORMAT

PRIVATE CHANGE IN CHANGE

DATE CLOSE POINTS IN %
2-Jan-12 3549.4 - -
1-Feb-12 4454.5 905.1 25.5
1-Mar-12 4599.0 144.5 3.2
2-Apr-12 4701.5 102.5 2.2
2-May-12 4716.8 15.4 0.3
1-Jun-12 4252.2 -464.7 -9.9
2-Jul-12 4784.1 531.9 12.5
1-Aug-12 4848.6 64.6 1.3
3-Sep-12 4693.7 -154.9 -3.2
1-Oct-12 5289.3 595.6 12.7
1-Nov-12 5408.6 119.3 2.3
3-Dec-12 5845.3 436.7 8.1

POINTS %
ANNUAL
CHANGE 2295.9 64.7
MEAN 191.3
VARIANCE 88.6
STD
DEVIATION 9.4
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp 6.86

44
INTERPRETATION:

From the above table it has been noted that private bank indices has increased by 2295.9
points or 64.7%.the mean return has increased by 191.3 points or 2.3% variance is88.6
standard deviation is9.4 and sharp ratio for the year 2012 is 6.86 highest closing point in the
month of December and least in the month of June.

REPRESENTING CHANGE IN % OF PRIVATE SECTOR BANK INDICES FOR

THE YEAR 2012

30
25
20
15
CHANGE IN %

10
5
0
-5
-10
-15

DATE

45
REPRESENTING DATA OF PRIVATE SECTOR BANK INDICES FOR THE YEAR
2013 IN MONTHLY FORMAT

PRIVATE CHANGE IN CHANGE

DATE CLOSE POINTS IN %
3-Dec-12 5845.3 - -
1-Jan-13 6004.4 159.1 2.7
1-Feb-13 6082.5 78.1 1.3
1-Mar-13 5649.8 -432.7 -7.1
1-Apr-13 5595.2 -54.5 -1.0
2-May-13 6242.5 647.2 11.6
3-Jun-13 6225.8 -16.6 -0.3
1-Jul-13 5876.2 -349.6 -5.6
1-Aug-13 5074.1 -802.1 -13.7
2-Sep-13 4513.4 -560.7 -11.1
1-Oct-13 4955.2 441.8 9.8
1-Nov-13 5821.8 866.7 17.5
2-Dec-13 5682.9 -138.9 -2.4
PTS %
ANNUAL
CHANGE -162.38 -2.78
MEAN -13.53 -0.23
VARIANCE 85.60
STD
DEVIATION 9.25
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp -0.31

46
INTERPRETATION:

From the above table it has been noted that private bank indices has decreased by 162.38
points or 2.78%.also the mean return has decreased by 13.53 points or 0.23 % variance is
85.60 & the standard deviation is 9.25 and sharp ratio for the year 2013 is -0.31.highest
closing point during the month of may and least in the month of September.

REPRESENTING CHANGE IN % OF PRIVATE SECTOR BANK INDICES FOR

THE YEAR 2013

20

15

10

5
CHANGE IN %

-5

-10

-15

-20

MONTH

47
REPRESENTING DATA OF PRIVATE SECTOR BANK INDICES FOR THE YEAR
2014 IN MONTHLY FORMAT

PRIVATE CHANGE IN CHANGE

DATE CLOSE POINTS IN %
2-Dec-13 5682.9 - -
1-Jan-14 5759.5 76.6 1.3
3-Feb-14 5148.8 -610.8 -10.6
3-Mar-14 5465.2 316.4 6.1
1-Apr-14 6397.8 932.6 17.1
2-May-14 6466.9 69.1 1.1
2-Jun-14 7606.8 1139.9 17.6
1-Jul-14 7648.3 41.5 0.5
1-Aug-14 7643.3 -5.0 -0.1
1-Sep-14 8167.3 524.0 6.9
1-Oct-14 7845.0 -322.3 -3.9
3-Nov-14 8828.0 983.0 12.5
1-Dec-14 9455.2 627.2 7.1
PTS %
ANNUAL
CHANGE 3772.3 66.4
MEAN 314.4 5.5
VARIANCE 69.7
STD
DEVIATION 8.4
RF 6%
SHARP
RATIO=(Rp-
Rf)/σp 7.94

48
INTERPRETATION:

From the above table it has been noted that private sector bank indices has increased by
3772.3 points or 66.4%.also the mean return has increased by 314.4 points or 5.5% variance
is69.7 & the standard deviation is8.4 and sharp ratio for the year 2014 is 7.94.highest closing
point in the month of December and least in the month of February.

REPRESENTING CHANGE IN % OF PRIVATE SECTOR BANK INDICES FOR

THE YEAR 2014

20

15

10
CHANGE IN %

-5

-10

-15

MONTH

49
REPRESENTING DATA OF PRIVATE SECTOR BANK INDICES FOR THE YEAR
2015 IN MONTHLY FORMAT

PRIVATE CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-14 9455.2 - -
1-Jan-15 9673.2 218 2.3
2-Feb-15 10585.9 912.7 9.4
2-Mar-15 10838.6 252.7 2.4
1-Apr-15 10126.1 -712.5 -6.6
4-May-15 9984.6 -141.6 -1.4
1-Jun-15 10136.6 152 1.5
1-Jul-15 10208.8 72.3 0.7
3-Aug-15 10282.3 73.5 0.7
1-Sep-15 8970.1 -1312.2 -12.8
1-Oct-15 9374.4 404.3 4.5
2-Nov-15 9495.8 121.4 1.3
1-Dec-15 9436.6 -59.2 -0.6
PTS %
ANNUAL
CHANGE -18.6 -0.2
MEAN -1.6 0.0
VARIANCE 30.3
STD
DEVIATION 5.5
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp -0.05

50
INTERPRETATION:

From the above table it has been noted that private sector bank indices has
decreased by 18.6 points or 0.2%.also the mean return has decreased by 1.6 points or 0.0%
variance is30.3 & the standard deviation is5.5 and sharp ratio for the year 2015 is -
0.05.highest closing point in the month of march and least in the month of September.

REPRESENTING CHANGE IN % OF PRIVATE SECTOR BANK INDICES FOR

THE YEAR 2015

15

10

5
CHANGE IN %

-5

-10

-15

MONTH

51
REPRESENTING DATA OF PRIVATE SECTOR BANK INDICES FOR THE YEAR
2016 IN MONTHLY FORMAT

PRIVATE CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-15 9436.58 - -
1-Jan-16 9406.77 -29.8 -0.3
1-Feb-16 8621.81 -785.0 -8.3
1-Mar-16 8137.78 -484.0 -5.6
1-Apr-16 9100.4 962.6 11.8
2-May-16 9369.2 268.8 3.0
1-Jun-16 9929.85 560.7 6.0
1-Jul-16 10178.7 248.9 2.5
1-Aug-16 10583.65 404.9 4.0
1-Sep-16 11129.75 546.1 5.2
3-Oct-16 10912.35 -217.4 -2.0
1-Nov-16 10874.8 -37.6 -0.3
1-Dec-16 10172.45 -702.3 -6.5
PTS %
ANNUAL
CHANGE 735.9 7.8
MEAN 61.3225 0.65
VARIANCE 33.9
STD
DEVIATION 5.8
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp 1.3

52
INTERPRETATION:

From the above table it has been noted that private sector bank indices has increased by
735.9points or 7.8%.also the mean return has increased by 61.3225 points or 0.65% variance
is33.9& the standard deviation is5.8 and sharp ratio for the year 2012 is 2.15 also the highest
closing point during the month of September and least in the month of march.

REPRESENTING CHANGE IN % OF PRIVATE SECTOR BANK INDICES FOR

THE YEAR 2016

15

10
CHANGE IN %

-5

-10

MONTH

53
REPRESENTING DATA OF PRIVATE SECTOR BANK INDICES FOR THE YEAR
2017 IN MONTHLY FORMAT

PRIVATE CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-16 10172.45 - -
2-Jan-17 9949.4 -223.1 -2.2
1-Feb-17 11086.25 1136.9 11.4
1-Mar-17 11533.25 447 4.0
3-Apr-17 11897.2 364.0 3.2
2-May-17 12306.4 409.2 3.4
1-Jun-17 12964.9 658.5 5.4
3-Jul-17 13016.75 51.9 0.4
1-Aug-17 13955.7 939.0 7.2
1-Sep-17 13742.05 -213.7 -1.5
3-Oct-17 13618.25 -123.8 -0.9
1-Nov-17 14052.6 434.4 3.2
1-Dec-17 13886.55 -166.1 -1.2
PTS %
ANNUAL
CHANGE 3714.1 36.51
MEAN 309.51 3.04
VARIANCE 16.50
STD
DEVIATION 4.06
RF 6%
SHARP
RATIO=
(Rp-Rf)/σp 8.97

54
INTERPRETATION:

From the above table it has been noted that private sector bank indices has increased by
3714.1points or 36.51%.also the mean return has increased by 309.51points or 3.04%
variance is16.50 & the standard deviation is 4.06 and sharp ratio for the year 2017 is
8.97.highest closing point in the month of November and least in month of January.

REPRESENTING CHANGE IN % OF PRIVATE SECTOR BANK INDICES FOR

THE YEAR 2017

14

12

10

8
CHANGE IN %

-2

-4

MONTH

55
REPRESENTING DATA OF PRIVATE SECTOR BANK INDICES FOR THE YEAR
2018 IN MONTHLY FORMAT

PRIVATE CHANGE IN CHANGE

DATE CLOSE POINTS IN %
1-Dec-17 13886.55 - -
1-Jan-18 14020.6 134.05 0.97
1-Feb-18 15275.35 1254.75 8.95
1-Mar-18 14112.35 -1163 -7.61
2-Apr-18 13687.65 -424.7 -3.01
2-May-18 14624.75 937.1 6.85
1-Jun-18 15118.95 494.2 3.38

PTS %
ANNUAL
CHANGE 1232.4 8.87

MEAN 102.7 0.74

VARIANCE 38.25

STD
DEVIATION 6.18

RF 6%
SHARP
RATIO=
(Rp-Rf)/σp 1.43

56
INTERPRETATION:

From the above table it has been noted that private sector bank indices has increased by
1232.4points or 8.87%.also the mean return has increased by 102.7 points or 0.74% variance
is 38.25 & the standard deviation is6.18 and sharp ratio for the year 2018 is 1.43.also highest
closing point in the month of February and least in the month of april.

REPRESENTING CHANGE IN % OF PRIVATE SECTOR BANK INDICES FOR

THE YEAR 2018

10

4
CHANGE IN %

-2

-4

-6

-8

-10
1-Jan-18 1-Feb-18 1-Mar-18 1-Apr-18 1-May-18 1-Jun-18
MONTH

57
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2012

CHANGE IN % OF
DATE CHANGE IN % OF PSU PRIVATE
2-Jan-12 -
1-Feb-12 26.546 25.500
1-Mar-12 6.643 3.244
2-Apr-12 -3.336 2.227
2-May-12 -2.847 0.326
1-Jun-12 -9.189 -9.850
2-Jul-12 8.914 12.508
1-Aug-12 -8.902 1.349
3-Sep-12 -8.794 -3.194
1-Oct-12 24.248 12.688
1-Nov-12 -6.455 2.254
3-Dec-12 5.512 8.074

INTERPRETATION:

From the above table, change in % of PSU is more in the month of February in
2012(26.546) and less in the month of June(-9.189) where in case of private bank indices the
highest change in % occurred during the month of February in 2012(25.500) and less in the
month of June(-9.850).

58
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2012

30

25

20

15

10

5
CHANGE IN %
0 CHANGE IN % -

-5

-10

-15

DATE

59
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2013

CHANGE
CHANGE IN IN % OF
DATE % OF PSU PRIVATE

3-Dec-12 - -
1-Jan-13 12.334 2.721
1-Feb-13 -2.695 1.301
1-Mar-13 -13.620 -7.114
1-Apr-13 -2.350 -0.965
2-May-
13 8.064 11.567
3-Jun-13 -8.170 -0.266
1-Jul-13 -7.285 -5.615
1-Aug-
13 -19.736 -13.650
2-Sep-13 -11.752 -11.050
1-Oct-13 8.093 9.788
1-Nov-
13 19.568 17.490
3-Dec-13 -3.094 -2.386

INTERPRETATION:

From the above table, change in % of PSU is more in the month of November in
2013(19.568) and less in the month of August (-19.736) where in case of private bank indices
the highest change in % occurred during the month of November in 2013(17.490) and less in
the month of august(-13.650).

60
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2013

25

20

15

10

0
CHANGE IN % -
-5 CHANGE IN % -

-10

-15

-20

-25
1-Apr-13
1-Mar-13

1-Jun-13

1-Aug-13

1-Oct-13
1-Jan-13

1-Nov-13
1-Feb-13

1-Jul-13

1-Sep-13
1-May-13

1-Dec-13

61
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2014

CHANGE CHANGE
IN % OF IN % OF
DATE PSU PRIVATE
2-Dec-13 - -
1-Jan-14 2.210 1.348
3-Feb-14 -17.518 -10.604
3-Mar-14 0.859 6.145
1-Apr-14 26.780 17.063
2-May-14 8.408 1.0799
2-Jun-14 29.565 17.627
1-Jul-14 1.347 0.546
1-Aug-14 -8.846 -0.065
1-Sep-14 1.392 6.855
1-Oct-14 -6.138 -3.946
3-Nov-14 12.683 12.530
1-Dec-14 12.663 7.104

INTERPRETATION:

From the above table, change in % of PSU is more in the month of June in 2014(29.565) and
less in the month of February (17.518) where in case of private bank indices the highest
change in % occurred during the month of June in 2014(17.627) and less in the month of
February (-10.604).

62
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2014

30

25

20

15

10
CHANGE IN % OF PSU
5
CHANGE IN % OF PRIVATE

0
1-Jan-14

1-Apr-14

1-Oct-14
1-Mar-14
1-Feb-14

1-Aug-14

1-Nov-14
1-Dec-13

1-Jun-14
1-Jul-14

1-Sep-14

1-Dec-14
1-May-14

-5

-10

-15

-20

63
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2015

CHANGE IN % CHANGE IN % OF
DATE OF PSU PRIVATE
1-Dec-14 - -
1-Jan-15 0.934 2.305
2-Feb-15 -5.938 9.435
2-Mar-15 -4.535 2.386
1-Apr-15 -9.039 -6.573
4-May-15 2.029 -1.398
2-Jun-15 -5.241 1.522
1-Jul-15 -2.479 0.712
3-Aug-15 7.138 0.719
1-Sep-15 -13.684 -12.761
1-Oct-15 0.521 4.506
2-Nov-15 -1.148 1.295
1-Dec-15 6.189 -0.623

INTERPRETATION:

From the above table, change in % of PSU is more in the month of August in 2015(
7.138)and less in the month of September(-13.684 ) where in case of private bank indices the
highest change in % occurred during the month of February in 2015(9.435) and less in the
month of September(-12.761).

64
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2015

15

10

0 CHANGE IN % OF PSU
-
CHANGE IN % OF PRIVATE
-5 -

-10

-15
1-Apr-15

1-Jun-15

1-Oct-15
1-Jan-15

1-Mar-15

1-Aug-15

1-Nov-15
1-Feb-15

1-Jul-15

1-Sep-15

1-Dec-15
1-May-15

65
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2016

CHANGE IN % CHANGE IN % OF
DATE OF PSU PRIVATE
1-Dec-15 - -
1-Jan-16 -9.878 -0.315
1-Feb-16 -23.847 -8.344
1-Mar-16 -5.614 -5.614
1-Apr-16 19.612 11.829
2-May-16 -3.883 2.953
1-Jun-16 0.503 5.983
1-Jul-16 13.537 2.506
1-Aug-16 2.993 3.978
1-Sep-16 9.282 5.159
3-Oct-16 3.268 -1.953
1-Nov-16 -0.318 -0.344
1-Dec-16 -1.153 -6.458

INTERPRETATION:

From the above table, change in % of PSU is more in the month of April in 2016(19.612) and
less in the month of February(-23.847) where in case of private bank indices the highest
change in % occurred during the month of April in 2016(11.829) and less in the month of
February (-8.344).

66
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2016

25

20

15

10

0
CHANGE IN % OF PSU -
-5
CHANGE IN % OF PRIVATE
-10 -
-15

-20

-25

-30
1-Mar-16
1-Apr-16

1-Aug-16

1-Oct-16
1-Jan-16

1-Jun-16

1-Nov-16
1-Feb-16

1-Jul-16

1-Sep-16

1-Dec-16
1-May-16

67
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2017

CHANGE IN % CHANGE IN % OF
DATE OF PSU PRIVATE
1-Dec-16 - -
2-Jan-17 -6.961 -2.192
1-Feb-17 12.933 11.426
1-Mar-17 0.318 4.032
3-Apr-17 6.495 3.155
2-May-17 3.651 3.439
1-Jun-17 -3.714 5.350
3-Jul-17 -5.651 0.399
1-Aug-17 10.616 7.213
1-Sep-17 -10.240 -1.530
3-Oct-17 -8.280 -0.900
1-Nov-17 29.721 3.189
1-Dec-17 -3.958 -1.181

INTERPRETATION:

From the above table, change in % of PSU is more in the month of November 2017(29.721)
and less in the month of September (-10.240) where in case of private bank indices the
highest change in % occurred during the month of February in 2017(11.426) and less in the
month of January(-2.192).

68
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2017

35

30

25

20

15

10 CHANGE IN % OF PSU -

5 CHANGE IN % OF PRIVATE
-
0

-5

-10

-15
1-Apr-17
1-Jan-17

1-Mar-17

1-Oct-17
1-Jun-17
1-Jul-17
1-Aug-17

1-Nov-17
1-Feb-17

1-Sep-17
1-May-17

1-Dec-17

69
SREPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2018

CHANGE IN % CHANGE IN % OF
DATE OF PSU PRIVATE
1-Dec-17 - -
1-Jan-18 -2.333 0.965
1-Feb-18 -2.220 8.949
1-Mar-18 -16.003 -7.613
2-Apr-18 -5.528 -3.009
2-May-18 -2.177 6.846
1-Jun-18 5.232 3.379
2-Jul-18 -4.931 -1.359

INTERPRETATION:

From the above table, change in % of PSU is more in the month of June in 2018(5.232) and
less in the month of March(-16.003) where in case of private bank indices the highest change
in % occurred during the month of February in 2018(8.949) and less in the month of March(-
7.613).

70
REPRESENTING THE COMPARISION OF CHANGE IN % OF PSU BANK
INDICES AND PRIVATE BANK INDICES FOR THE YEAR 2018

15

10

0
CHANGE IN % OF PSU -
-5
CHANGE IN % OF PRIVATE
-
-10

-15

-20

71
 CHAPTER-4
·
FINDINGS AND SUGGESTIONS
·
·


72
 FINDINGS:

PRIVATE BANK INDICES:

 During the period of 2012, the performance of private has gained a total revenue of 64.7
% the mean value has gained , standard deviation is 9.4 similarly sharp ratio is 6.86.
 During the period of 2013, the performance of private has gone down to a total loss of -
2.78%. the mean value has incurred a loss of-0.23% , standard deviation is 9.25.
Similarly sharp ratio is -0.31.
 During the period of 2014,the performance of private has gained a total revenue of
66.4%.the mean value has gained 5.5%,standard deviation is 8.4 similarly sharp ratio is
7.94.
 During the period of 2015, the performance of private has undergone a loss of -0.25%.the
mean value is 0%,standard deviation is 5.5 similarly sharp ratio is-0.05.
 During the period of 2016, the performance of private has gained a total revenue of7.8%
the mean value has gained 0.65% standard deviation is 5.8 similarly sharp ratio is 1.3.
 During the period of 2017, the performance of private has gained total revenue of 36.51%
the mean value has gained 3.04% standard deviation is 4.06 similarly sharp ratio is8.97.
 During the period of 2018,the performance of private has gained a total revenue of 8.87%
the mean value has gained 0.74% standard deviation is 6.18 similarly sharp ratio is 1.43.

PUBLIC SECTOR BANK INDICES:

 During the period of 2012, the performance of psu has gained a total revenue of 64.7.the
mean value has gained standard deviation is 9.4 similarly sharp ratio is 6.86..
 During the period of 2013, the performance of psu has incurred a loss of24.7% .the mean
value has a loss of2.1% standard deviation is 11.6 similarly sharp ratio is -2.13.
 During the period of 2014 ,the performance of psu has gained a total revenue of 69%.the
mean value has gained 5.8% standard deviation is 13.8 similarly sharp ratio is 5.01.
 During the period of 2015, the performance of psu has incurred a loss of24.2% .the mean
value has a loss of2.0% standard deviation is 6.0 similarly sharp ratio is -4.01.

73
 During the period of 2016, the performance of psu has incurred a loss of2.7% .the mean
value has a loss of0.2% standard deviation is 11.2 similarly sharp ratio is -0.24.
 During the period of 2017,the performance of psu has gained a total revenue of
19.9%.the mean value has gained 1.7% standard deviation is 11.5 similarly sharp ratio is
1.
 During the period of 2018, the performance of psu has incurred a loss of21.99% .the
mean value has a loss of1.83% standard deviation is 6.94 similarly sharp ratio is -3.18.

SUGGESTIONS:

 Stock exchanges should help in forecasting the risk involved in performance of PSU and
private bank indices and intimate them to the investors.
 Stock exchanges are suggested to give accurate and correct monthly analysis of the data
in order to help investors in making decisions.
 Investors should check how PSU and private bank indices are performing and make their
decisions thereby.
 Investors should be able to understand the data of the stock exchanges and analyse the
situation based upon the previous returns.
 Investors should be cautious when investing on brokerage advice.

74
 BIBILOGRAPHY:

BOOKS:

 Basics for Indian stock market.

WEBSITES:

 www.moneycontrol.com
 www.yahoofinance.com
 www.nseindia.com
 https://pdfs.semanticscholar.org
 www.borjournals.com
 https://en.wikipedia.org/wiki/stock_market

JOURNALS:

Performance of Indian public sector banks indices and private sector bank indices-by kajal
chowdary and Monika sharma (vol 2, June 2011).

Performance evaluation of Indices of selected public sector banks and private sector banks-by
Dr.G.Praveen kumar (January 2017).

75