It gives us immense pleasure to introduce this new book on "Financial Markets" to the teachers and students of Second Year B.Com (Banking & Insurance), Semester III. The book fully covers the syllabi, as prescribed by the University of Mumbai.
Financial Market has undergone a radical transformation today. The book covers various practical aspects of trading in stock markets and is fully equipped with questions at the end of each chapter for self-test and practice.
India today is undergoing the demolition of its rigid structures, cumbersome rules and procedural aspects, and building a higher degree of integration with the rest of the world. This integration, unequivocally, brings in new opportunities by extending trade beyond the geographical boundaries of the nation. At the same time, it presents risks. This management demands new set of products and competencies.
The economic rationale behind the introduction of derivatives in any economy is risk management and efficient price discovery. Fundamentally, derivatives are risk management products. Worldwide, this markets are reflecting unprecedented growth in volumes. In fact, in many countries, volumes in the underlying cash markets.
1. Introduction to Indian Financial System
2. Financial Markets
3. Capital Markets
4. Equity Market Instruments
5. Equity Market - Primary Market
6. Role of Merchant Bankers
7. Market Participants in the Securities Market
8. Basics of Trading in Equity Market and Indices
9. Stock Exchanges in India
10. Commodities Market in India
11. Participants in Indian Commodities Market
12. An Introduction to the Derivatives
13. Types of Derivatives