NISM EQUITY SALES
I. Overview of Indian Securities Market
Introduction
Market Regulators
Market Segments
Market Participants
Types of Investors
II. Regulatory Framework
Securities Contracts (Regulation) Act, 1956
Securities Contracts (Regulation) Rules, 1957
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012
Securities and Exchange Board of India Act, 1992
The Depositories Act, 1996
The Companies Act, 1956
Prevention of Money Laundering Act, 2002
SEBI (Stock Brokers & Sub-brokers) Regulations, 1992
SEBI (Prohibition of Insider Trading) Regulations, 1992
SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities
Markets) Regulation, 2003
III. Primary Market
Introduction to Primary Market
Issue of Shares
Public Issue
IV. Secondary Market
Introduction to Secondary Market
Functioning of the Secondary Market
Market Phases
V. Understanding Market Indicators
Index and its Significance
Types of Indices based on Calculation Methodology
Major Indices in India
Impact cost – A Measure of Market Liquidity
Risk and Beta
Market Capitalization Ratio
Turnover Ratio
Fundamental Analysis
Technical Analysis
VI. Trading and Risk Management
Trading Systems in India
Orders
Trade Life Cycle
Mechanism of Circuit Breakers
Transaction Charges
Capital Adequacy Requirements of Trading Members
Risk Management System
VII. Clearing and Settlement
Types of Accounts
Clearing Process
VIII. Market Surveillance
Introduction to Market Surveillance
Market Surveillance Mechanism (by Exchanges and by SEBI)
IX. Client Management
Introduction to Client Management
Types of Risks
Risk Profiling of Investors
Financial Planning
Product Suitability
Review of Client’s Portfolio
Client Account
Taxation
Investor Grievance Mechanism